India Orthobiologics Market Size & Outlook, 2023-2030
India orthobiologics market, 2018-2030 (US$M)
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India orthobiologics market highlights
- The India orthobiologics market generated a revenue of USD 223.9 million in 2023 and is expected to reach USD 413.2 million by 2030.
- The India market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, viscosupplementation was the largest revenue generating product in 2023.
- Stem Cell Therapy is the most lucrative product segment registering the fastest growth during the forecast period.
Orthobiologics market data book summary
| Market revenue in 2023 | USD 223.9 million |
| Market revenue in 2030 | USD 413.2 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Viscosupplementation |
| Fastest growing segment | Stem Cell Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Demineralized Bone Matrix(DBM), Allograft, Bone Morphogenetic Protein (BMP), Viscosupplementation, Synthetic Bone Substitutes, Stem Cell Therapy |
| Key market players worldwide | Medtronic PLC, DePuy Synthes, Zimmer Biomet Holdings Inc, Stryker Corp, Bioventus Inc Class A, Anika Therapeutics Inc, Orthofix Medical Inc, Globus Medical Inc Class A, Bone Biologics Corp, Arthrex |
Other key industry trends
- In terms of revenue, India accounted for 3.5% of the global orthobiologics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan orthobiologics 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 413.2 million by 2030.
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Orthobiologics Market Scope
Orthobiologics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India orthobiologics 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 orthobiologics market will help companies and investors design strategic landscapes.
Viscosupplementation was the largest segment with a revenue share of 43.46% in 2023. Horizon Databook has segmented the India orthobiologics market based on demineralized bone matrix(dbm), allograft, bone morphogenetic protein (bmp), viscosupplementation, synthetic bone substitutes, stem cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
- India Orthobiologics Product Outlook (Revenue, USD Million, 2018-2030)
- Demineralized Bone Matrix(DBM)
- Allograft
- Bone Morphogenetic Protein (BMP)
- Viscosupplementation
- Synthetic Bone Substitutes
- Stem Cell Therapy
- India Orthobiologics Application Outlook (Revenue, USD Million, 2018-2030)
- Spinal Surgery
- Trauma Repair
- Reconstructive Surgery
- India Orthobiologics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
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Our clientele includes a mix of orthobiologics 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 India orthobiologics market , including forecasts for subscribers. This country databook contains high-level insights into India orthobiologics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India orthobiologics market size, by product, 2018-2030 (US$M)
India Orthobiologics Market Outlook Share, 2023 & 2030 (US$M)
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