U.S. Medical Polyetheretherketone Market Size & Outlook
U.S. medical polyetheretherketone market, 2019-2030 (US$M)
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U.S. medical polyetheretherketone market highlights
- The U.S. medical polyetheretherketone market generated a revenue of USD 210.9 million in 2023 and is expected to reach USD 342.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.2% 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 210.9 million |
| Market revenue in 2030 | USD 342.6 million |
| Growth rate | 7.2% (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, U.S. accounted for 21.8% 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 North America, U.S. medical polyetheretherketone market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 342.6 million by 2030.
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Medical Polyetheretherketone Market Scope
Medical Polyetheretherketone Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 52.82% in 2023. Horizon Databook has segmented the U.S. medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
In the U.S., frequent increments in costs and reduced margins have severely impacted healthcare providers and health plans. This has compelled the government to ensure a significant transformation of healthcare funding and insurance coverage segments in the country through the introduction of ACA and Medicaid.
In March 2021, U.S. President, Joe Biden, proposed spending USD 400 billion on Medicaid over eight years to fund at-home care for elderly and disabled people as well as increase the wages of caregivers. This increased expenditure is expected to have a positive impact on the market.
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Our clientele includes a mix of medical polyetheretherketone market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. medical polyetheretherketone market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medical polyetheretherketone market size, by application, 2019-2030 (US$M)
U.S. Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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