South Korea Rib Fracture Repair Systems Market Size & Outlook
The rib fracture repair systems market in South Korea is expected to reach a projected revenue of US$ 4.1 million by 2030. A compound annual growth rate of 5.2% is expected of South Korea rib fracture repair systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$2.9
Forecast, 2030 (US$M)
$4.1
CAGR, 2024 - 2030
5.1%
Report Coverage
South Korea
South Korea rib fracture repair systems market, 2018-2030 (US$M)
Related Markets
South Korea rib fracture repair systems market highlights
- The South Korea rib fracture repair systems market generated a revenue of USD 2.9 million in 2023 and is expected to reach USD 4.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, u plate was the largest revenue generating product in 2023.
- U Plate is the most lucrative product segment registering the fastest growth during the forecast period.
Rib fracture repair systems market data book summary
| Market revenue in 2023 | USD 2.9 million |
| Market revenue in 2030 | USD 4.1 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | U plate |
| Fastest growing segment | U Plate |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | U Plate, Anterior Plate |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Johnson & Johnson, Crown Holdings Inc, KLS Martin Group, Stryker Corp, Able Medical Devices |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.0% of the global rib fracture repair systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China rib fracture repair systems market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 20.8 million by 2030.
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Rib Fracture Repair Systems Market Scope
Rib fracture repair systems market segmentation & scope
Rib Fracture Repair Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea rib fracture repair systems market size, by product, 2018-2030 (US$M)
South Korea Rib Fracture Repair Systems Market Outlook Share, 2023 & 2030 (US$M)
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