Japan Orthopedic Biomaterials Market Size & Outlook
Japan orthopedic biomaterials market, 2018-2030 (US$M)
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Japan orthopedic biomaterials market highlights
- The Japan orthopedic biomaterials market generated a revenue of USD 1,094.3 million in 2023 and is expected to reach USD 2,021.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, ceramics & bioactive glass biomaterials was the largest revenue generating material in 2023.
- Polymers Biomaterials is the most lucrative material segment registering the fastest growth during the forecast period.
Orthopedic biomaterials market data book summary
| Market revenue in 2023 | USD 1,094.3 million |
| Market revenue in 2030 | USD 2,021.0 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Ceramics & bioactive glass biomaterials |
| Fastest growing segment | Polymers Biomaterials |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics & Bioactive Glass Biomaterials, Polymers Biomaterials, Calcium Phosphate Cements, Metal Biomaterials, Composites |
| Key market players worldwide | Koninklijke DSM NV, Evonik Industries AG, Stryker Corp, DePuy Synthes, Zimmer Biomet Holdings Inc, Globus Medical Inc Class A, Exactech, Matexcel, AdvanSource Biomaterials Corporation, Invibio, CAM Bioceramics, Heraeus |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global orthopedic biomaterials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China orthopedic biomaterials 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 1,521.1 million by 2030.
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Orthopedic Biomaterials Market Scope
Orthopedic Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan orthopedic biomaterials 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 orthopedic biomaterials market will help companies and investors design strategic landscapes.
Ceramics & bioactive glass biomaterials was the largest segment with a revenue share of 32.67% in 2023. Horizon Databook has segmented the Japan orthopedic biomaterials market based on ceramics & bioactive glass biomaterials, polymers biomaterials, calcium phosphate cements, metal biomaterials, composites covering the revenue growth of each sub-segment from 2018 to 2030.
. Key factors driving the market in the country are growing prevalence of musculoskeletal disorders in the country due to large geriatric population and higher life expectancy, advances in orthopedics, and increasing prevalence of Work-related Musculoskeletal Disorders (WMSD) among citizens.
According to an article published in the Annals of Occupational and Environmental Medicine in 2014, WMSD is one of the most commonly occurring problems in occupational health system of Japan. Long working hours makes the population susceptible to shoulder and hip fractures.
Moreover, the country has a unified healthcare system, owing to which the out-of-pocket expenditure for citizens is low. This encourages citizens to opt for replacement surgeries, which further creates a strong demand for orthopedic biomaterials.
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Our clientele includes a mix of orthopedic biomaterials 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 Japan orthopedic biomaterials market, including forecasts for subscribers. This country databook contains high-level insights into Japan orthopedic biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan orthopedic biomaterials market size, by material, 2018-2030 (US$M)
Japan Orthopedic Biomaterials Market Share, 2023 & 2030 (US$M)
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