North America Bone Grafts And Substitutes Market Size & Outlook
North America bone grafts and substitutes market, 2017-2030 (US$M)
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North America bone grafts and substitutes market highlights
- The North America bone grafts and substitutes market generated a revenue of USD 1,174.0 million in 2022.
- The market is expected to grow at a CAGR of 5.8% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,174.0 million |
| Market revenue in 2030 | USD 1,847.3 million |
| Growth rate | 5.8% (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, North America region accounted for 41.8% 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.
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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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North America 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 62.25% in 2022. Horizon Databook has segmented the North America bone grafts and substitutes market based on allograft, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
North America dominated the global bone grafts and substitutes market in 2020. Rising geriatric population and increasing incidence of sports injuries & fatal accidents are among key factors boosting the demand for bone graft and substitutes in North America.
In addition, presence of well-established healthcare infrastructure is expected to propel the market growth in the region. The region is expected to maintain its dominance over the forecast period.
Technological innovation and availability of reimbursement coverage & skilled professionals are among factors anticipated to boost the demand for bone grafts and substitutes during the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America bone grafts and substitutes market , including forecasts for subscribers. This continent databook contains high-level insights into North America bone grafts and substitutes market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America bone grafts and substitutes market size, by country, 2017-2030 (US$M)
North America Bone Grafts And Substitutes Market Outlook Share, 2022 & 2030 (US$M)
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