Canada Kyphoplasty Market Size & Outlook, 2022-2030
Canada kyphoplasty market, 2018-2030 (US$M)
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Canada kyphoplasty market highlights
- The Canada kyphoplasty market generated a revenue of USD 60.4 million in 2022 and is expected to reach USD 92.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, bone access devices was the largest revenue generating product in 2022.
- Balloon Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Kyphoplasty market data book summary
| Market revenue in 2022 | USD 60.4 million |
| Market revenue in 2030 | USD 92.7 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balloon Catheters, Bone Access Devices, Cement Application Products, Instruments |
| Key market players worldwide | Stryker Corp, Medtronic PLC, Smith & Nephew PLC, MicroPort Scientific Corp, Johnson & Johnson, Halma PLC, CareFusion, Merit Medical Systems Inc, iMedicom, Seawon Meditech, Joline, G21, Joimax |
Other key industry trends
- In terms of revenue, Canada accounted for 9.5% of the global kyphoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. kyphoplasty market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 92.7 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada kyphoplasty 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 kyphoplasty market will help companies and investors design strategic landscapes.
Bone access devices was the largest segment with a revenue share of 42.05% in 2022. Horizon Databook has segmented the Canada kyphoplasty market based on balloon catheters, bone access devices, cement application products, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s kyphoplasty market is projected to show lucrative growth during the forecast period. This is owing to high adoption of kyphoplasty surgeries in this country as healthcare providers and hospitals make a shift toward outpatient services.
Moreover, introduction of novel devices such as vertebral augmentation implants by key players and partnerships & acquisitions propel market growth. For example, in October 2019, Stryker acquired Mobius Imaging, LLC and GYS Tech, LLC (DBA Cardan Robotics).
With this, Stryker planned to amplify its presence in orthopedics, neurotechnology, and spine segments. Furthermore, in March 2019, Stryker acquired OrthoSpace, Ltd., an Israeli biomechanical company. The addition of OrthoSpace’s product portfolio complemented Stryker’s portfolio and aligned with its plan of investing in sports medicine.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into Canada kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada kyphoplasty market size, by product, 2018-2030 (US$M)
Canada Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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