Global Bone Morphogenetic Protein Market Size & Outlook

The global bone morphogenetic protein market size was estimated at USD 341.2 million in 2024 and is projected to reach USD 459.9 million by 2030, growing at a CAGR of 4.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$341.2
Forecast, 2030 (US$M)
$459.9
CAGR, 2025 - 2030
4.9%
Report Coverage
Worldwide

Global bone morphogenetic protein market, 2018-2030 (US$M)

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Global bone morphogenetic protein market highlights

  • The global bone morphogenetic protein market generated a revenue of USD 341.2 million in 2024 and is expected to reach USD 459.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 4.9% by 2030.
  • In terms of segment, rhbmp-2 accounted for a revenue of USD 267.6 million in 2024.
  • RhBMP-2 is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 341.2 million
Market revenue in 2030USD 459.9 million
Growth rate4.9% (CAGR from 2025 to 2030)
Largest segmentRhbmp-2
Fastest growing segmentRhBMP-2
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRhBMP-2, RhBMP-7

Other key industry trends

  • In terms of revenue, the North America accounted for 49.6% of the global bone morphogenetic protein market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 15.3 million by 2030.

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Bone Morphogenetic Protein Market Companies

Name Profile # Employees HQ Website
Qkine View profile 11-50 Cambridge, Cambridgeshire, United Kingdom, Europe http://www.qkine.com
Cellumed View profile 51-100 Geumgok, Kyonggi-do, South Korea, Asia http://www.cellumed.co.kr
Cell Guidance Systems View profile 1-10 Cambridge, Cambridgeshire, United Kingdom, Europe http://www.cellgs.com
STEMCELL Technologies View profile 501-1000 Vancouver, British Columbia, Canada, North America https://www.stemcell.com
Prospec View profile 1-10 Rehovot, HaMerkaz, Israel, Asia http://www.prospecbio.com/
Proteintech Group View profile 251-500 Rosamond, Illinois, United States, North America http://www.ptglab.com
Bio-Techne Corp View profile 3050 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 https://www.bio-techne.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Medtronic PLC View profile 95000 Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 https://www.medtronic.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

Global bone morphogenetic protein market size, by regions, 2018-2030 (US$M)

Top 10 countries: Bone morphogenetic protein market size, 2024 (US$M)

Global bone morphogenetic protein market share, by type, 2024 & 2030 (%, US$M)

Bone morphogenetic protein market: Opportunity assessment by country

Global bone morphogenetic protein market, by region, 2024 (US$M)

Global bone morphogenetic protein market size, by regions, 2018-2030 (US$M)

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