Middle East & Africa Bone Grafts And Substitutes Market Size & Outlook
Middle East & Africa bone grafts and substitutes market, 2017-2030 (US$M)
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MEA bone grafts and substitutes market highlights
- The MEA bone grafts and substitutes market generated a revenue of USD 89.9 million in 2022.
- The market is expected to grow at a CAGR of 6.8% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 89.9 million |
| Market revenue in 2030 | USD 152.5 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Allograft |
| Fastest growing segment | Synthetic |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 3.2% of the global bone grafts and substitutes market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,057.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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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Middle East & Africa 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 60.96% in 2022. Horizon Databook has segmented the Middle East & Africa bone grafts and substitutes market based on allograft, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
MEA market is expected to show significant growth over the forecast period. Increasing burden of diseases and rising availability of health insurance have led to lucrative growth of bone grafts and substitutes market in Middle Eastern countries.
Lack of well-defined regulatory framework and scarcity of skilled professionals to perform advanced orthopedic surgical procedures are some of the factors hindering the growth of MEA market.
However, various government initiatives being undertaken to improve healthcare infrastructure in South Africa, UAE, and Saudi Arabia are creating new growth opportunities in MEA bone grafts and substitutes market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bone grafts and substitutes market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bone grafts and substitutes market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA bone grafts and substitutes market size, by country, 2017-2030 (US$M)
Middle East & Africa Bone Grafts And Substitutes Market Outlook Share, 2022 & 2030 (US$M)
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