Asia Pacific Spine Biologics Market Size & Outlook
Asia Pacific spine biologics market, 2018-2030 (US$M)
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Asia Pacific spine biologics market highlights
- The Asia Pacific spine biologics market generated a revenue of USD 481.5 million in 2023.
- The market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, spinal allografts was the largest revenue generating product in 2023.
- Cell-based Matrix is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 481.5 million |
| Market revenue in 2030 | USD 732.2 million |
| Growth rate | 6.2% (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 |
| Key market players worldwide | Stryker Corp, NuVasive, Orthofix Medical Inc, DePuy Synthes, Exactech, Zimmer Biomet Holdings Inc, Arthrex, Medtronic PLC, Organogenesis, Kuros Biosciences Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.8% of the global spine biologics market in 2023.
- 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 732.2 million by 2030.
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Spine Biologics Market Scope
Spine Biologics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 58.21% in 2023. Horizon Databook has segmented the Asia Pacific 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.
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Target buyers of Asia Pacific spine biologics market databook
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Our clientele includes a mix of spine biologics 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific spine biologics market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific spine biologics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific spine biologics market size, by country, 2018-2030 (US$M)
Asia Pacific Spine Biologics Market Share, 2023 & 2030 (US$M)
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