Asia Pacific Medical Polyetheretherketone Market Size & Outlook
Asia Pacific medical polyetheretherketone market, 2019-2030 (US$M)
Related Markets
Asia Pacific medical polyetheretherketone market highlights
- The Asia Pacific medical polyetheretherketone market generated a revenue of USD 152.2 million in 2023.
- The market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, orthopedic was the largest revenue generating application in 2023.
- Cardiovascular is the most lucrative application 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 2023 | USD 152.2 million |
| Market revenue in 2030 | USD 273.8 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Orthopedic |
| Fastest growing segment | Cardiovascular |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Trauma Fixation, Cardiovascular, Orthopedic, Dental Implants & Fixtures |
| Key market players worldwide | Superior Industries International Inc, Evonik Industries AG, Invibio, Solvay SA, Medtronic PLC, Victrex PLC, PetroChina Co Ltd Class H |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.8% of the global medical polyetheretherketone 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 273.8 million by 2030.
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Medical Polyetheretherketone Market Scope
Medical Polyetheretherketone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific medical polyetheretherketone 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 medical polyetheretherketone market will help companies and investors design strategic landscapes.
Orthopedic was the largest segment with a revenue share of 34.03% in 2023. Horizon Databook has segmented the Asia Pacific medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
This increased growth can be attributed to growing economies like India and China. The demand for high-quality medical devices and components from hospitals in major economies, such as China, India, and Singapore, is increasing on account of rising healthcare expenditure.
The improving service and safety standards in hospitals are expected to drive the medical polyether ketone (PEEK) market in Asia Pacific over the forecast period.
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Target buyers of Asia Pacific medical polyetheretherketone market databook
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Our clientele includes a mix of medical polyetheretherketone market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical polyetheretherketone market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific medical polyetheretherketone market size, by country, 2019-2030 (US$M)
Asia Pacific Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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