India Bone Morphogenetic Protein Market Size & Outlook
The bone morphogenetic protein market in India is expected to reach a projected revenue of US$ 7.1 million by 2030. A compound annual growth rate of 6.1% is expected of India bone morphogenetic protein market from 2025 to 2030.
Revenue, 2024 (US$M)
$4.9
Forecast, 2030 (US$M)
$7.1
CAGR, 2025 - 2030
6.1%
Report Coverage
India
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India bone morphogenetic protein market highlights
- The India bone morphogenetic protein market generated a revenue of USD 4.9 million in 2024 and is expected to reach USD 7.1 million by 2030.
- The India market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
- In terms of segment, rhbmp-2 was the largest revenue generating type in 2024.
- RhBMP-2 is the most lucrative type segment registering the fastest growth during the forecast period.
Bone morphogenetic protein market data book summary
| Market revenue in 2024 | USD 4.9 million |
| Market revenue in 2030 | USD 7.1 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Rhbmp-2 |
| Fastest growing segment | RhBMP-2 |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RhBMP-2, RhBMP-7 |
| Key market players worldwide | Medtronic PLC, Cellumed, Cell Guidance Systems, Merck KGaA, Prospec, Qkine, Bio-Techne Corp, Thermo Fisher Scientific Inc, Proteintech Group, STEMCELL Technologies |
Other key industry trends
- In terms of revenue, India accounted for 1.4% of the global bone morphogenetic protein market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bone morphogenetic protein market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 15.3 million by 2030.
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Bone Morphogenetic Protein Market Scope
Bone morphogenetic protein market segmentation & scope
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 |
India bone morphogenetic protein market size, by type, 2018-2030 (US$M)
India Bone Morphogenetic Protein Market Outlook Share, 2024 & 2030 (US$M)
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