Europe Kyphoplasty Market Size & Outlook, 2022-2030
Europe kyphoplasty market, 2018-2030 (US$M)
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Europe kyphoplasty market highlights
- The Europe kyphoplasty market generated a revenue of USD 183.7 million in 2022.
- The market is expected to grow at a CAGR of 5.3% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 183.7 million |
| Market revenue in 2030 | USD 276.7 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 29.0% of the global kyphoplasty market in 2022.
- 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 148.1 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 42.13% in 2022. Horizon Databook has segmented the Europe 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.
The European kyphoplasty market is expected to witness lucrative growth over the forecast period. The Europe region comprises the UK, Germany, France, Italy, and Spain. Technological advancements in digital imaging have led to the use of high-definition cameras in conjugation with spine endoscopes, which is one of the major drivers fueling market growth.
According to the International Osteoporosis Foundation, an estimated 3,220,181 people, i.e., 1.5% of population aged 50 and above, were recorded with hip fractures and 3,555,016 with vertebral fracture in year 2019 across Europe.
Thus, rising incidence of bone fractures further drives market growth Increasing aging population and development in healthcare sector drives growth of kyphoplasty market. According to Eurostat Statistics, more than one-fifth of the European population, i.e., 28% of the total population, was aged 65 and over.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe kyphoplasty market , including forecasts for subscribers. This continent databook contains high-level insights into Europe kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe kyphoplasty market size, by country, 2018-2030 (US$M)
Europe Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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