South Korea Craniomaxillofacial Devices Market Size & Outlook
The craniomaxillofacial devices market in South Korea is expected to reach a projected revenue of US$ 12.1 million by 2030. A compound annual growth rate of 10% is expected of South Korea craniomaxillofacial devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$6.2
Forecast, 2030 (US$M)
$12.1
CAGR, 2024 - 2030
10%
Report Coverage
South Korea
South Korea craniomaxillofacial devices market, 2018-2030 (US$M)
Related Markets
South Korea craniomaxillofacial devices market highlights
- The South Korea craniomaxillofacial devices market generated a revenue of USD 6.2 million in 2023 and is expected to reach USD 12.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, cmf plate and screw fixation was the largest revenue generating product in 2023.
- Bone Graft Substitute is the most lucrative product segment registering the fastest growth during the forecast period.
Craniomaxillofacial devices market data book summary
| Market revenue in 2023 | USD 6.2 million |
| Market revenue in 2030 | USD 12.1 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Cmf plate and screw fixation |
| Fastest growing segment | Bone Graft Substitute |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cranial Flap Fixation, CMF Distraction, Temporomandibular Joint Replacement, Thoracic Fixation, Bone Graft Substitute, CMF Plate and Screw Fixation |
| Key market players worldwide | DePuy Synthes, Stryker Corp, Medtronic PLC, B. Braun, Renishaw PLC, Medartis Holding AG Ordinary Shares, KLS Martin Group, Xilloc, Zimmer Biomet Holdings Inc, Synimed |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.3% of the global craniomaxillofacial devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China craniomaxillofacial devices 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 58.5 million by 2030.
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Craniomaxillofacial Devices Market Scope
Craniomaxillofacial devices market segmentation & scope
Craniomaxillofacial Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea craniomaxillofacial devices market size, by product, 2018-2030 (US$M)
South Korea Craniomaxillofacial Devices Market Outlook Share, 2023 & 2030 (US$M)
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