North America Kyphoplasty Market Size & Outlook, 2022-2030
North America kyphoplasty market, 2018-2030 (US$M)
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North America kyphoplasty market highlights
- The North America kyphoplasty market generated a revenue of USD 323.7 million in 2022.
- The market is expected to grow at a CAGR of 4.9% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 323.7 million |
| Market revenue in 2030 | USD 474.7 million |
| Growth rate | 4.9% (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, North America region accounted for 51.1% 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 |
|---|
North America 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 North America 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 North America region comprises the U.S. and Canada. North America dominated the global market. This region accounted for the largest share in the global market in 2021. This can be attributed to rising prevalence of osteoporosis, back pain, and spine fractures.
This disease has been mostly seen in females compared to men in the North American region. The surge in adoption of kyphoplasty procedure and growing burden of vertebral compression factures are other drivers fueling market growth.
With increase in the elderly population, the market is expected to show a higher growth rate, as the aging population is at greater risk of chronic illnesses. Currently, majority of North America’s market share is controlled by key companies such as Medtronic, Stryker, DePuy Synthes, and other emerging players.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America kyphoplasty market , including forecasts for subscribers. This continent databook contains high-level insights into North America kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America kyphoplasty market size, by country, 2018-2030 (US$M)
North America Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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