North America Medical Polyetheretherketone Market Size & Outlook
North America medical polyetheretherketone market, 2019-2030 (US$M)
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North America medical polyetheretherketone market highlights
- The North America medical polyetheretherketone market generated a revenue of USD 611.0 million in 2023.
- The market is expected to grow at a CAGR of 7.3% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 611.0 million |
| Market revenue in 2030 | USD 1,003.3 million |
| Growth rate | 7.3% (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, North America region accounted for 63.3% 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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North America 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 46.19% in 2023. Horizon Databook has segmented the North America medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
North American medical polyetheretherketone (PEEK) market was the largest regional market in 2021, accounting for a share of 39.23 % of the overall market volume consumption.
The increasing geriatric population in the U.S and Canada and increasing per capita healthcare spending in the form of health insurance in the U.S. have been among the major trends impacting the market growth in North America.
This is expected to augment the demand for medical devices over the coming years, thereby driving the growth of the North American market 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 continent-level data and insights on the North America medical polyetheretherketone market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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North America medical polyetheretherketone market size, by country, 2019-2030 (US$M)
North America Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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