South Korea Orthopedic Contract Manufacturing Market Size & Outlook
South Korea orthopedic contract manufacturing market, 2018-2030 (US$M)
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South Korea orthopedic contract manufacturing market highlights
- The South Korea orthopedic contract manufacturing market generated a revenue of USD 89.0 million in 2023 and is expected to reach USD 148.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, implants was the largest revenue generating type in 2023.
- Implants is the most lucrative type segment registering the fastest growth during the forecast period.
Orthopedic contract manufacturing market data book summary
| Market revenue in 2023 | USD 89.0 million |
| Market revenue in 2030 | USD 148.9 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Implants |
| Fastest growing segment | Implants |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implants, Instruments, Cases, Trays |
| Key market players worldwide | Viant Technology Inc Ordinary Shares - Class A, Arch Biopartners Inc, Align Technology Inc, Paragon 28 Inc, Noble Corp PLC Class A, Tecomet, Orchid Orthopedic Solutions, Cretex Companies, LISI Medical Remmele, Autocam Medical |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.2% of the global orthopedic contract manufacturing 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 contract manufacturing 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 621.5 million by 2030.
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Orthopedic Contract Manufacturing Market Scope
Orthopedic Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea orthopedic contract manufacturing 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 contract manufacturing market will help companies and investors design strategic landscapes.
Implants was the largest segment with a revenue share of 63.37% in 2023. Horizon Databook has segmented the South Korea orthopedic contract manufacturing market based on implants, instruments, cases, trays covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Orthopedic Contract Manufacturing Type Outlook (Revenue, USD Million, 2018-2030)
- Implants
- Instruments
- Cases
- Trays
- South Korea Orthopedic Contract Manufacturing Services Outlook (Revenue, USD Million, 2018-2030)
- Forging/Casting
- Hip Machining & Finishing
- Knee Machining & Finishing
- Spine & Trauma
- Instrument Machining & Finishing
- Others
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Target buyers of South Korea orthopedic contract manufacturing market databook
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Our clientele includes a mix of orthopedic contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea orthopedic contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea orthopedic contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea orthopedic contract manufacturing market size, by type, 2018-2030 (US$M)
South Korea Orthopedic Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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