Mexico Orthopedic Biomaterials Market Size & Outlook
Mexico orthopedic biomaterials market, 2018-2030 (US$M)
Related Markets
Mexico orthopedic biomaterials market highlights
- The Mexico orthopedic biomaterials market generated a revenue of USD 540.7 million in 2023 and is expected to reach USD 1,016.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.4% 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 540.7 million |
| Market revenue in 2030 | USD 1,016.1 million |
| Growth rate | 9.4% (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, Mexico accounted for 2.6% 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 Latin America, Mexico orthopedic biomaterials market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 1,016.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Orthopedic Biomaterials Market Scope
Orthopedic Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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% in 2023. Horizon Databook has segmented the Mexico 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 anticipated to drive the market in the country are growing prevalence of osteoarthritis and osteoporosis in the country. According to an article published in an online journal in 2019, Mexico was one of the four major LATAM countries to report large number of fracture cases due to osteoporosis.
According to an article published in PubMed in 2018, the number if hip fractures in Mexican women suffering from osteoporosis is increasing. The study estimated that only 73% of the women suffering from the condition can resume walking after hip replacement or reconstruction surgeries.
Hence, as the prevalence of osteoporosis among Mexican women is increasing, the number of replacement and reconstruction surgeries is also increasing. This is further estimated to drive the market over the forecast period. Furthermore, increasing cases of sport-related injuries in the country is also anticipated to drive the market over the forecast period.
Reasons to subscribe to Mexico orthopedic biomaterials market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico orthopedic biomaterials market databook
-
Our clientele includes a mix of orthopedic biomaterials market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico orthopedic biomaterials market, including forecasts for subscribers. This country databook contains high-level insights into Mexico orthopedic biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico orthopedic biomaterials market size, by material, 2018-2030 (US$M)
Mexico Orthopedic Biomaterials Market Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
