China Nerve Repair And Regeneration Market Size & Outlook
China nerve repair and regeneration market, 2018-2030 (US$M)
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China nerve repair and regeneration market highlights
- The China nerve repair and regeneration market generated a revenue of USD 455.2 million in 2023 and is expected to reach USD 1,105.7 million by 2030.
- The China market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, neurostimulation and neuromodulation devices was the largest revenue generating product in 2023.
- Biomaterials is the most lucrative product segment registering the fastest growth during the forecast period.
Nerve repair and regeneration market data book summary
| Market revenue in 2023 | USD 455.2 million |
| Market revenue in 2030 | USD 1,105.7 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Neurostimulation and neuromodulation devices |
| Fastest growing segment | Biomaterials |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biomaterials, Neurostimulation and Neuromodulation Devices |
| Key market players worldwide | Axogen Inc, Stryker Corp, St. Jude Medical, Baxter International Inc, Boston Scientific Corp, Integra Lifesciences Holdings Corp, Medtronic PLC, Polyganics, LivaNova PLC |
Other key industry trends
- In terms of revenue, China accounted for 5.0% of the global nerve repair and regeneration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India nerve repair and regeneration market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 710.8 million by 2030.
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Nerve Repair And Regeneration Market Scope
Nerve Repair And Regeneration Market Companies
| Name | Profile | # Employees | HQ | Website |
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China nerve repair and regeneration 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 nerve repair and regeneration market will help companies and investors design strategic landscapes.
Neurostimulation and neuromodulation devices was the largest segment with a revenue share of 67.36% in 2023. Horizon Databook has segmented the China nerve repair and regeneration market based on biomaterials, neurostimulation and neuromodulation devices covering the revenue growth of each sub-segment from 2018 to 2030.
In August 2021, the IMPACT Research's last operation, a prospective, multicenter post-marketing surveillance study using the Vascular Reconstruction Device which is named as Tubridge, was recently completed at Zhengzhou University's First Affiliated Hospital. Since the initial operation on December 16, 2019, the process marked the successful enrollment of all 200 individuals in the research.
Tubridge is designed for giant and large aneurysms that are difficult to treat in clinical practice. It changes the flow pattern within the aneurysm using hemodynamic principles, allowing endothelial cells to proliferate along the stent-graft and progressively repair the aneurysmal neck, removing the “ticking bomb” in the brain.
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Horizon Databook provides a detailed overview of country-level data and insights on the China nerve repair and regeneration market , including forecasts for subscribers. This country databook contains high-level insights into China nerve repair and regeneration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China nerve repair and regeneration market size, by product, 2018-2030 (US$M)
China Nerve Repair And Regeneration Market Outlook Share, 2023 & 2030 (US$M)
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