China Kyphoplasty Market Size & Outlook, 2022-2030
Related Markets
China kyphoplasty market highlights
- The China kyphoplasty market generated a revenue of USD 17.0 million in 2022 and is expected to reach USD 27.9 million by 2030.
- The China market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, bone access devices was the largest revenue generating product in 2022.
- Balloon Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Kyphoplasty market data book summary
| Market revenue in 2022 | USD 17.0 million |
| Market revenue in 2030 | USD 27.9 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balloon Catheters, Bone Access Devices, Cement Application Products, Instruments |
| Key market players worldwide | Stryker Corp, Medtronic PLC, Smith & Nephew PLC, MicroPort Scientific Corp, Johnson & Johnson, Halma PLC, CareFusion, Merit Medical Systems Inc, iMedicom, Seawon Meditech, Joline, G21, Joimax |
Other key industry trends
- In terms of revenue, China accounted for 2.7% of the global kyphoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan kyphoplasty market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Joimax | View profile | 1-10 | Irvine, California, United States, North America | http://www.joimax.com |
| G21 | View profile | 11-50 | San Vendemiano, Veneto, Italy, Europe | https://www.g-21.it |
| Joline | View profile | 51-100 | Hechingen, Baden-Wurttemberg, Germany, Europe | https://www.joline.de/ |
| Seawon Meditech | View profile | 11-50 | Bucheon, Kyonggi-do, South Korea, Asia | http://www.seawonmt.com |
| iMedicom | View profile | 11-50 | Gunpo, Kyonggi-do, South Korea, Asia | https://imedicom.co.kr |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| CareFusion | View profile | 10001+ | San Diego, California, United States, North America | http://carefusion.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Halma PLC | View profile | 8000 | Rectory Way, Misbourne Court, Amersham, Buckinghamshire, United Kingdom, HP7 0DE | https://www.halma.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
China kyphoplasty 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 kyphoplasty market will help companies and investors design strategic landscapes.
Bone access devices was the largest segment with a revenue share of 42.35% in 2022. Horizon Databook has segmented the China kyphoplasty market based on balloon catheters, bone access devices, cement application products, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Rising prevalence of the chronic diseases such as neurological diseases are major diver contributing market growth. According to NCBI, in 2019, out of osteoarticular tuberculosis, around 50% of disease prevalence was pertaining to the spine, majorly lumbar and thoracic.
Sacroiliac joints infected with tuberculosis or kyphoplasty are rare, comprising around 5% to 10% of cases with skeletal tuberculosis. Increasing road accidents in China contribute to kyphoplasty market growth.
China recorded 62,763 fatalities in traffic accidents across the country in 2019. Since 2016, the number of deaths due to traffic accidents in China accounted for nearly 63,000 each year. Stryker offers kyphoplasty products and services in Asia Pacific region, which contributes to the market growth.
Reasons to subscribe to China kyphoplasty market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China kyphoplasty market databook
-
Our clientele includes a mix of kyphoplasty market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the China kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into China kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China kyphoplasty market size, by product, 2018-2030 (US$M)
China Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
