Europe Medical Polyetheretherketone Market Size & Outlook
Europe medical polyetheretherketone market, 2019-2030 (US$M)
Related Markets
Europe medical polyetheretherketone market highlights
- The Europe medical polyetheretherketone market generated a revenue of USD 158.8 million in 2023.
- The market is expected to grow at a CAGR of 6.8% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 158.8 million |
| Market revenue in 2030 | USD 251.0 million |
| Growth rate | 6.8% (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, Europe region accounted for 16.4% 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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Europe 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 46.16% in 2023. Horizon Databook has segmented the Europe medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
Increasing geriatric population and rising occurrence of chronic diseases are expected to boost the demand for medical devices in the European region. This is expected to drive the demand for plastics in equipment manufacturing over the forecast period.
Increasing government investments in the healthcare sector and the growing home healthcare market are anticipated to drive the demand for medical devices, which, in turn, is expected to have a positive influence on the medical poly ether ketone (PEEK) market over the forecast period.
Revision of the regulatory framework associated with the medical device industry is expected to increase the safety and performance standards of medical devices.
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Our clientele includes a mix of medical polyetheretherketone market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical polyetheretherketone market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical polyetheretherketone market size, by country, 2019-2030 (US$M)
Europe Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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