Asia Pacific Orthopedic Regenerative Surgical Products Market Size & Outlook
Asia Pacific orthopedic regenerative surgical products market, 2016-2030 (US$M)
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Asia Pacific orthopedic regenerative surgical products market highlights
- The Asia Pacific orthopedic regenerative surgical products market generated a revenue of USD 855.6 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, viscosupplements was the largest revenue generating product in 2022.
- Allografts is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 855.6 million |
| Market revenue in 2030 | USD 1,294.6 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Viscosupplements |
| Fastest growing segment | Allografts |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Allografts, Synthetic, Cell-based, Viscosupplements |
| Key market players worldwide | Anika Therapeutics Inc, Vericel Corp, Baxter International Inc, Zimmer Biomet Holdings Inc, Stryker Corp, Smith & Nephew PLC, BioTissue, MiMedx Group Inc, Arthrex, AlloSource, VSY Biotechnology, Aptissen |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.6% of the global orthopedic regenerative surgical products market in 2022.
- 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 1,294.6 million by 2030.
Key Regions: Brazil , Japan , U.S. , UK , South Africa
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Orthopedic Regenerative Surgical Products Market Scope
Orthopedic Regenerative Surgical Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific orthopedic regenerative surgical products 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 regenerative surgical products market will help companies and investors design strategic landscapes.
Viscosupplements was the largest segment with a revenue share of 47.11% in 2022. Horizon Databook has segmented the Asia Pacific orthopedic regenerative surgical products market based on allografts, synthetic, cell-based, viscosupplements covering the revenue growth of each sub-segment from 2016 to 2030.
This is owing to the developing healthcare infrastructure, regional expansion by key players, and rising prevalence of orthopedic disorders, such as osteoarthritis.
According to the Australian Institute of Health and Welfare, Government of Australia, one in seven adults have some form of arthritic condition, out of which one in two Australians experienced moderate to severe pain.Growing spending on healthcare, improving medical tourism, and rapidly evolving healthcare infrastructure in the region are among the factors anticipated to promote market growth.
For instance, South Korea has a developed healthcare system and provides medical services at low cost. The South Korean government is undertaking initiatives to boost medical tourism in the country, as it is one of the most common medical tourism destinations across the globe.
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Our clientele includes a mix of orthopedic regenerative surgical products 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 Asia Pacific orthopedic regenerative surgical products market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific orthopedic regenerative surgical products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific orthopedic regenerative surgical products market size, by country, 2016-2030 (US$M)
Asia Pacific Orthopedic Regenerative Surgical Products Market Outlook Share, 2022 & 2030 (US$M)
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