India Bone Grafts And Substitutes Market Size & Outlook
India bone grafts and substitutes market, 2018-2030 (US$M)
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India bone grafts and substitutes market highlights
- The India bone grafts and substitutes market generated a revenue of USD 101.4 million in 2022 and is expected to reach USD 194.7 million by 2030.
- The India market is expected to grow at a CAGR of 8.5% 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 101.4 million |
| Market revenue in 2030 | USD 194.7 million |
| Growth rate | 8.5% (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, India accounted for 3.6% 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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India 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 62.92% in 2024. Horizon Databook has segmented the India bone grafts and substitutes market based on allograft, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
India market is expected to show fastest growth of 7.7% over the forecast period. The growth can be attributed to increased medical tourism in India for grafting surgeries. Moreover, growing geriatric population in this country is further propelling the growth.
The rise of medical tourism for dental implant procedure is boosting the revenue. The country has a large number of JCI accredited facilities which provide quality services at reasonable cost. The increased usage of synthetic grafts is also fueling the growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the India bone grafts and substitutes market , including forecasts for subscribers. This country databook contains high-level insights into India bone grafts and substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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