Global Medical Alloys Market Size & Outlook, 2023-2030
The medical alloys industry worldwide is expected to reach a projected revenue of US$ 28,832.0 million by 2030. A compound annual growth rate of 8.7% is expected of the worldwide medical alloys industry from 2024 to 2030.
Revenue, 2023 (US$M)
$16,122.4
Forecast, 2030 (US$M)
$28,832.0
CAGR, 2024 - 2030
8.7%
Report Coverage
Worldwide
Global medical alloys market, 2018-2030 (US$M)
Global medical alloys market highlights
- The global medical alloys market generated a revenue of USD 16,122.4 million in 2023 and is expected to reach USD 28,832.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
- In terms of segment, titanium accounted for a revenue of USD 16,122.4 million in 2023.
- Titanium is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 16,122.4 million |
| Market revenue in 2030 | USD 28,832.0 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Titanium |
| Fastest growing segment | Titanium |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Titanium |
Other key industry trends
- In terms of revenue, the North America accounted for 33.9% of the global medical alloys market in 2023.
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Medical Alloys Market Scope
Medical alloys market segmentation & scope
Medical Alloys Market
Orthopedic
Cardiovascular
Dental
Craniofacial
Neurological
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
South Korea
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Medical Alloys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical alloys market size, by regions, 2018-2030 (US$M)
Related regional statistics
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