Canada Bone Growth Stimulators Market Size & Outlook

The bone growth stimulators market in Canada is expected to reach a projected revenue of US$ 164.2 million by 2030. A compound annual growth rate of 5.4% is expected of Canada bone growth stimulators market from 2024 to 2030.
Revenue, 2023 (US$M)
$113.7
Forecast, 2030 (US$M)
$164.2
CAGR, 2024 - 2030
5.4%
Report Coverage
Canada

Canada bone growth stimulators market, 2018-2030 (US$M)

Canada

Canada bone growth stimulators market highlights

  • The Canada bone growth stimulators market generated a revenue of USD 113.7 million in 2023 and is expected to reach USD 164.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
  • In terms of segment, bone growth stimulation devices was the largest revenue generating product in 2023.
  • Platelet-Rich Plasma (PRP) is the most lucrative product segment registering the fastest growth during the forecast period.


Bone growth stimulators market data book summary

Market revenue in 2023USD 113.7 million
Market revenue in 2030USD 164.2 million
Growth rate5.4% (CAGR from 2023 to 2030)
Largest segmentBone growth stimulation devices
Fastest growing segmentPlatelet-Rich Plasma (PRP)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP), Bone Growth Stimulation Devices
Key market players worldwideOrthofix Medical Inc, Medtronic PLC, Zimmer Biomet Holdings Inc, Bioventus Inc Class A, Stryker Corp, DePuy Synthes, Arthrex, Terumo Corp, Enovis, Isto Biologics


Other key industry trends

  • In terms of revenue, Canada accounted for 10.6% of the global bone growth stimulators market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. bone growth stimulators 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 164.2 million by 2030.

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Canada bone growth stimulators 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 growth stimulators market will help companies and investors design strategic landscapes.


Bone growth stimulation devices was the largest segment with a revenue share of 72.82% in 2023. Horizon Databook has segmented the Canada bone growth stimulators market based on bone morphogenetic proteins (bmp), platelet-rich plasma (prp), bone growth stimulation devices covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Canada bone growth stimulators market, including forecasts for subscribers. This country databook contains high-level insights into Canada bone growth stimulators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada bone growth stimulator market size, by product, 2018-2030 (US$M)

Canada Bone Growth Stimulators Market Share, 2023 & 2030 (US$M)

Canada bone growth stimulator market size, by product, 2018-2030 (US$M)

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