Asia Pacific Lower Extremity Implants Market Size & Outlook

The lower extremity implants market in Asia Pacific is expected to reach a projected revenue of US$ 3,391.9 million by 2030. A compound annual growth rate of 5.4% is expected of Asia Pacific lower extremity implants market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,352.7
Forecast, 2030 (US$M)
$3,391.9
CAGR, 2024 - 2030
5.4%
Report Coverage
Asia Pacific

Asia Pacific lower extremity implants market, 2018-2030 (US$M)

Asia

Asia Pacific lower extremity implants market highlights

  • The Asia Pacific lower extremity implants market generated a revenue of USD 2,352.7 million in 2023.
  • The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
  • In terms of segment, knee was the largest revenue generating type in 2023.
  • Foot & Ankle is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 2,352.7 million
Market revenue in 2030USD 3,391.9 million
Growth rate5.4% (CAGR from 2023 to 2030)
Largest segmentKnee
Fastest growing segmentFoot & Ankle
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKnee, Hip, Foot & Ankle
Key market players worldwideStryker Corp, Johnson & Johnson, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, Acumed, Arthrex, Conmed Corp, Orthofix Medical Inc


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 17.8% of the global lower extremity implants 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 3,391.9 million by 2030.

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Asia Pacific lower extremity implants market size, by country, 2018-2030 (US$M)

Asia Pacific Lower Extremity Implants Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific lower extremity implants market size, by country, 2018-2030 (US$M)

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