North America Extracellular Matrix Patches Market Size & Outlook
North America extracellular matrix patches market, 2018-2030 (US$M)
North America extracellular matrix patches market highlights
- The North America extracellular matrix patches market generated a revenue of USD 14.5 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, cardiac repair was the largest revenue generating application in 2023.
- Cardiac Repair is the most lucrative application segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 14.5 million |
| Market revenue in 2030 | USD 23.0 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Cardiac repair |
| Fastest growing segment | Cardiac Repair |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac Repair |
| Key market players worldwide | Cook Group, Coloplast A/S ADR, Smith & Nephew PLC, Koninklijke Philips NV, MTF Biologics, Boston Scientific Corp, Medtronic PLC, Baxter International Inc |
Other key industry trends
- In terms of revenue, North America region accounted for 47.4% of the global extracellular matrix patches market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9.0 million by 2030.
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Extracellular Matrix Patches Market Scope
Extracellular Matrix Patches Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America extracellular matrix patches 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 extracellular matrix patches market will help companies and investors design strategic landscapes.
Cardiac repair was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America extracellular matrix patches market based on cardiac repair covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounted for the largest share of global Extracellular Matrix (ECM) patches market owing to increase in number of patients suffering from Cardiovascular Diseases (CVDs), trauma, sports injuries, and cardiovascular defects.
Porcine ECM patches are expected to account for the largest share of North America ECM patches market owing to their structural stability and lower risk of infection and calcification compared to synthetic patches.
High economic growth, easy accessibility to healthcare, and presence of advanced research centers, universities, & medical device manufacturers are key factors boosting the development and commercialization of new products in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America extracellular matrix patches market , including forecasts for subscribers. This continent databook contains high-level insights into North America extracellular matrix patches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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