Thailand Orthopedic Devices Market Size & Outlook
Thailand orthopedic devices market, 2018-2030 (US$M)
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Thailand orthopedic devices market highlights
- The Thailand orthopedic devices market generated a revenue of USD 956.0 million in 2023 and is expected to reach USD 1,476.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, joint replacement/ orthopedic implants was the largest revenue generating product in 2023.
- Orthobiologics is the most lucrative product segment registering the fastest growth during the forecast period.
Orthopedic devices market data book summary
| Market revenue in 2023 | USD 956.0 million |
| Market revenue in 2030 | USD 1,476.0 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Joint replacement/ orthopedic implants |
| Fastest growing segment | Orthobiologics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Joint Replacement/ Orthopedic Implants, Trauma, Sports Medicine, Orthobiologics |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Zimmer Biomet Holdings Inc, DePuy Synthes, Smith & Nephew PLC, Aesculap, Conmed Corp, NuVasive, Enovis Corp |
Other key industry trends
- In terms of revenue, Thailand accounted for 1.6% of the global orthopedic devices 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 devices 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 3,032.5 million by 2030.
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Orthopedic Devices Market Scope
Orthopedic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand orthopedic devices 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 devices market will help companies and investors design strategic landscapes.
Joint replacement/ orthopedic implants was the largest segment with a revenue share of 41.24% in 2023. Horizon Databook has segmented the Thailand orthopedic devices market based on joint replacement/ orthopedic implants, trauma, sports medicine, orthobiologics covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of orthopedic devices 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 Thailand orthopedic devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand orthopedic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand orthopedic devices market size, by product, 2018-2030 (US$M)
Thailand Orthopedic Devices Market Outlook Share, 2023 & 2030 (US$M)
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