Canada Bone Grafts And Substitutes Market Size & Outlook
Canada bone grafts and substitutes market, 2017-2030 (US$M)
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Canada bone grafts and substitutes market highlights
- The Canada bone grafts and substitutes market generated a revenue of USD 266.3 million in 2022 and is expected to reach USD 442.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
- In terms of segment, allograft was the largest revenue generating material type in 2022.
- Synthetic is the most lucrative material type segment registering the fastest growth during the forecast period.
Bone grafts and substitutes market data book summary
| Market revenue in 2022 | USD 266.3 million |
| Market revenue in 2030 | USD 442.2 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Allograft |
| Fastest growing segment | Synthetic |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Allograft, Synthetic |
| Key market players worldwide | DePuy Synthes, Baxter International Inc, NuVasive, Smith & Nephew PLC, Medtronic PLC, Orthofix Medical Inc, Zimmer Biomet Holdings Inc, Geistlich Pharma, Stryker Corp, AlloSource, TBF, OST Laboratoires, Biobank |
Other key industry trends
- In terms of revenue, Canada accounted for 9.5% of the global bone grafts and substitutes market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bone grafts and substitutes market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 442.2 million by 2030.
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Bone Grafts And Substitutes Market Scope
Bone Grafts And Substitutes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada bone grafts and substitutes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bone grafts and substitutes market will help companies and investors design strategic landscapes.
Allograft was the largest segment with a revenue share of 62.22% in 2022. Horizon Databook has segmented the Canada bone grafts and substitutes market based on allograft, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
Easy availability of advanced products and presence of wide distribution networks of international players in Canada are among factors anticipated to boost the market. Moreover, increased number of sports related injuries is expected to boost the market in the coming years.
According to Statista report, there were around 17,655 sports related injuries reported which required hospitalization, which further helps to increase the market. The increasing government initiatives also helps to boost the market revenue in this region. The aforementioned factors are propelling the market in Canada.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada bone grafts and substitutes market , including forecasts for subscribers. This country databook contains high-level insights into Canada bone grafts and substitutes market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada bone grafts and substitutes market size, by material type, 2017-2030 (US$M)
Canada Bone Grafts And Substitutes Market Outlook Share, 2022 & 2030 (US$M)
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