China Spine Biologics Market Size & Outlook, 2023-2030
China spine biologics market, 2018-2030 (US$M)
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China spine biologics market highlights
- The China spine biologics market generated a revenue of USD 124.1 million in 2023 and is expected to reach USD 194.7 million by 2030.
- The China market is expected to grow at a CAGR of 6.6% 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.
Spine biologics market data book summary
| Market revenue in 2023 | USD 124.1 million |
| Market revenue in 2030 | USD 194.7 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Spinal allografts |
| Fastest growing segment | Cell-based Matrix |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 4.1% of the global spine biologics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan spine biologics 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 196.6 million by 2030.
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Spine Biologics Market Scope
Spine Biologics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 58.42% in 2023. Horizon Databook has segmented the China 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 China 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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Horizon Databook provides a detailed overview of country-level data and insights on the China spine biologics market, including forecasts for subscribers. This country databook contains high-level insights into China spine biologics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China spine biologics market size, by product, 2018-2030 (US$M)
China Spine Biologics Market Share, 2023 & 2030 (US$M)
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