Global Spine Biologics Market Size & Outlook, 2023-2030
Global spine biologics market, 2018-2030 (US$M)
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Global spine biologics market highlights
- The global spine biologics market generated a revenue of USD 3,054.5 million in 2023 and is expected to reach USD 4,376.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, spinal allografts accounted for a revenue of USD 1,790.5 million in 2023.
- Cell-based Matrix is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,054.5 million |
| Market revenue in 2030 | USD 4,376.9 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Spinal allografts |
| Fastest growing segment | Cell-based Matrix |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Allografts, Bone Graft Substitutes, Cell-based Matrix |
Other key industry trends
- In terms of revenue, the North America accounted for 48.4% of the global spine biologics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 7.3 million by 2030.
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Spine Biologics Market Scope
Spine Biologics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global spine biologics 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 spine biologics market will help companies and investors design strategic landscapes.
Spinal allografts was the largest segment with a revenue share of 58.62% in 2023. Horizon Databook has segmented the Global spine biologics market based on spinal allografts, bone graft substitutes, cell-based matrix covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Spine Biologics Product Outlook (Revenue, USD Million, 2018-2030)
- Spinal Allografts
- Machined Bones Allograft
- Demineralized Bone Matrix
- Bone Graft Substitutes
- Bone Morphogenetic Proteins
- Synthetic Bone Grafts
- Cell-based Matrix
- Spinal Allografts
- Global Spine Biologics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Outpatient Facilities
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Our clientele includes a mix of spine biologics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global spine biologics market, including forecasts for subscribers. This global databook contains high-level insights into Global spine biologics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global spine biologics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Spine biologics market size, 2023 (US$M)
Global spine biologics market share, by product, 2023 & 2030 (%, US$M)
Spine biologics market: Opportunity assessment by country
Global spine biologics market, by region, 2023 (US$M)
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