China Bone Grafts And Substitutes Market Size & Outlook
China bone grafts and substitutes market, 2018-2030 (US$M)
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China bone grafts and substitutes market highlights
- The China bone grafts and substitutes market generated a revenue of USD 153.2 million in 2022 and is expected to reach USD 275.8 million by 2030.
- The China market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating material type in 2022.
- Allograft 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 153.2 million |
| Market revenue in 2030 | USD 275.8 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Allograft |
| 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, China accounted for 5.5% 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 Asia Pacific, China bone grafts and substitutes market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 194.7 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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China 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.
Synthetic was the largest segment with a revenue share of 88.12% in 2024. Horizon Databook has segmented the China bone grafts and substitutes market based on allograft, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
China is expected to have the largest geriatric population in the world in the near future owing to rapidly aging population in the country. As a result, the prevalence of orthopedic diseases is expected to increase rapidly in China.
Furthermore, less stringent regulatory framework for product approval is resulting in easy entry of advanced products in the market. In addition, availability of resources that enable the development of advanced technology at cheaper cost is resulting in increased number of manufacturing facilities in the country.
China has released Order 650 (former Order 276), Regulations for the Supervision and Administration of Medical Devices, to restrict foreign investment in the country, mainly to protect domestic medical devices manufacturing industry.
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Horizon Databook provides a detailed overview of country-level data and insights on the China bone grafts and substitutes market , including forecasts for subscribers. This country databook contains high-level insights into China bone grafts and substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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