Global Bone Wax Market Size & Outlook, 2023-2030
Global bone wax market, 2018-2030 (US$M)
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Global bone wax market highlights
- The global bone wax market generated a revenue of USD 52.7 million in 2023 and is expected to reach USD 66.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.3% by 2030.
- In terms of segment, non-absorbable bone wax accounted for a revenue of USD 36.0 million in 2023.
- Absorbable Bone Wax is the most lucrative by product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 52.7 million |
| Market revenue in 2030 | USD 66.0 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Non-absorbable bone wax |
| Fastest growing segment | Absorbable Bone Wax |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Absorbable Bone Wax, Non-absorbable Bone Wax |
Other key industry trends
- In terms of revenue, the North America accounted for 51.1% of the global bone wax market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 0.7 million by 2030.
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Bone Wax Market Scope
Bone Wax Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bone wax 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 wax market will help companies and investors design strategic landscapes.
Non-absorbable bone wax was the largest segment with a revenue share of 68.31% in 2023. Horizon Databook has segmented the Global bone wax market based on absorbable bone wax, non-absorbable bone wax covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bone Wax By Product Outlook (Revenue, USD Million, 2018-2030)
- Absorbable Bone Wax
- Non-absorbable Bone Wax
- Global Bone Wax By Application Outlook (Revenue, USD Million, 2018-2030)
- Orthopedic Surgery
- Thoracic Surgery
- Neurosurgery
- Dental/Oral Surgery
- Others
- Global Bone Wax By Material Outlook (Revenue, USD Million, 2018-2030)
- Natural Bone Wax
- Synthetic Bone Wax
- Global Bone Wax By End User Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Outpatient facilities
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Target buyers of Global bone wax market databook
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Our clientele includes a mix of bone wax market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global bone wax market, including forecasts for subscribers. This global databook contains high-level insights into Global bone wax market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bone wax market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Bone wax market report size, 2023 (US$M)
Global bone wax market report share, by by product, 2023 & 2030 (%, US$M)
Bone wax market: Opportunity assessment by country
Global bone wax market, by region, 2023 (US$M)
| By Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 23.8 | 24.3 | 22.8 | 24.7 | 25.9 | 26.9 | 27.9 | 28.9 | 29.8 | 30.6 | 31.4 | 32.2 | 32.8 | 2.9% |
| Europe | 10.2 | 10.4 | 9.8 | 10.7 | 11.2 | 11.8 | 12.3 | 12.8 | 13.3 | 13.8 | 14.2 | 14.7 | 15.1 | 3.7% |
| Asia Pacific | 6.7 | 7.0 | 6.6 | 7.3 | 7.7 | 8.1 | 8.5 | 8.9 | 9.3 | 9.7 | 10.0 | 10.4 | 10.7 | 4.2% |
| Latin America | 3.8 | 3.8 | 3.6 | 3.9 | 4.1 | 4.2 | 4.4 | 4.5 | 4.7 | 4.8 | 4.9 | 5.0 | 5.1 | 2.8% |
| MEA | 1.6 | 1.6 | 1.5 | 1.6 | 1.7 | 1.7 | 1.8 | 1.8 | 1.9 | 2.0 | 2.1 | 2.1 | 2.2 | 3.7% |
| Overall | 46.1 | 47.1 | 44.3 | 48.2 | 50.5 | 52.7 | 54.8 | 56.9 | 58.9 | 60.8 | 62.7 | 64.4 | 66.0 | 3.3% |
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