Middle East & Africa Orthopedic Biomaterials Market Size & Outlook
Middle East & Africa orthopedic biomaterials market, 2018-2030 (US$M)
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MEA orthopedic biomaterials market highlights
- The MEA orthopedic biomaterials market generated a revenue of USD 796.8 million in 2023.
- The market is expected to grow at a CAGR of 8.8% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 796.8 million |
| Market revenue in 2030 | USD 1,442.5 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Ceramics & bioactive glass biomaterials |
| Fastest growing segment | Polymers Biomaterials |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 3.8% of the global orthopedic biomaterials 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 8,453.3 million by 2030.
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Orthopedic Biomaterials Market Scope
Orthopedic Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 32.28% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The MEA region currently holds the smallest market share as compared to other regions in the global orthopedics biomaterial market due to lack of awareness about reconstruction and replacement surgeries and absence of a well-developed healthcare infrastructure in the region.
Moreover, the absence of orthopedic surgeons and less important given to bone disorders in the country is indirectly affecting the number of surgeries performed, which further hinders the market growth.
However, ongoing research on orthopedics biomaterials and growing inclination of patients toward visco supplementation as a temporary relief from knee pain is anticipated to drive the market over the forecast period. The region has been further bifurcated into major countries—South Africa, Saudi Arabia, and the UAE.
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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 continent-level data and insights on the Middle East & Africa orthopedic biomaterials market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa orthopedic biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA orthopedic biomaterials market size, by country, 2018-2030 (US$M)
Middle East & Africa Orthopedic Biomaterials Market Share, 2023 & 2030 (US$M)
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