India Medical Polyetheretherketone Market Size & Outlook
India medical polyetheretherketone market, 2019-2030 (US$M)
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India medical polyetheretherketone market highlights
- The India medical polyetheretherketone market generated a revenue of USD 16.0 million in 2023 and is expected to reach USD 29.6 million by 2030.
- The India market is expected to grow at a CAGR of 9.2% 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.
Medical polyetheretherketone market data book summary
| Market revenue in 2023 | USD 16.0 million |
| Market revenue in 2030 | USD 29.6 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Orthopedic |
| Fastest growing segment | Cardiovascular |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 1.7% of the global medical polyetheretherketone market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical polyetheretherketone market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.6 million by 2030.
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Medical Polyetheretherketone Market Scope
Medical Polyetheretherketone Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 40.63% in 2023. Horizon Databook has segmented the India medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
The medical polyetheretherketone (PEEK) market in India is expected to witness high growth rate owing to increased efforts by the country’s government to improve public health conditions.
In addition, increasing private participation in the healthcare industry is expected to fuel the demand for high-quality medical devices and components in the country. India is one of the fastest-growing economies in the Asia Pacific region with a substantial percentage of the population without access to safe and affordable healthcare.
As a result, major initiatives by the government to improve public health infrastructure are expected to positively impact the demand for medical PEEK over the forecast period.
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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 country-level data and insights on the India medical polyetheretherketone market , including forecasts for subscribers. This country databook contains high-level insights into India medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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India medical polyetheretherketone market size, by application, 2019-2030 (US$M)
India Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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