Market revenue in 2023 | USD 153.9 million |
Market revenue in 2030 | USD 279.4 million |
Growth rate | 8.9% (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 |
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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 31.32% in 2023. Horizon Databook has segmented the UAE 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 over the forecast period include high prevalence of osteoporosis and obesity in the country owing to vitamin D and calcium deficiency. According to the estimates provided in a new article published by Al Ni sr Publishing LLC in 2015, nearly 70% of the UAE population suffers from vitamin D and calcium deficiency, which lead to increasing prevalence of osteoporosis among people beyond the age of 60.
Furthermore, adoption of a sedentary lifestyle among majority of the population creates high risk of musculoskeletal disorders. This rise in the number of cases of musculoskeletal disorders is further anticipated to drive the market for orthopedic biomaterials over the forecast period. However, lack of awareness in the country regarding bone health is anticipated to restrict market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE orthopedic biomaterials market, including forecasts for subscribers. This country databook contains high-level insights into UAE orthopedic biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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