Global Bone Harvester Market to Achieve CAGR of 5.1% By 2031 | CBI

Category : Healthcare | Published Date : Nov 2024 | Type : Press Release

Bone Harvester Market Scope & Overview:

In the newly published report, Consegic Business Intelligence states that the Global Global Bone Harvester Market size was valued at USD 2,443.59 million in 2022 and is projected to register a CAGR of 4.3%, reaching USD 3,402.04 million by 2030. Booster pumps are designed to enhance water pressure in residential, commercial, industrial, and municipal applications, ensuring a steady water supply where natural pressure is insufficient.

The report comprises the Booster Pump Market Share, Size & Industry Analysis, By Type (Single Stage and Multi Stage), By Power Source (Electric, Diesel, Gasoline, and Others), By End User (Residential, Commercial, Industrial, Municipal, Agriculture, Others), By Distribution Channel (Online Channel and Offline Channel), By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa), and Forecast, 2023-2030.

The report contains detailed information on Booster Pump Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.

Increasing focus on water conservation and wastewater management and high demand for booster pumps in residential settings are key drivers of market growth. Rising urbanization and industrialization offer further growth opportunities.

Segmental Analysis :

Based on Type, the market is segmented into single-stage and multi-stage.

  • The multi-stage pump segment held the largest market share in 2022, attributed to its multiple impeller design that delivers high pressure, making it suitable for industrial applications.
  • This segment is also expected to grow at the highest rate, driven by its critical role in high-pressure operations, including water supply and firefighting systems.

Based on Power Sources, the market includes electric, diesel, gasoline, and others.

  • Electric booster pumps accounted for the highest market share at 41.75% in 2022, widely adopted due to environmental benefits and lower maintenance needs.
  • The electric segment is expected to grow fastest, especially within the mining and construction sectors, where regulations favor reduced emissions.

Based on End User, the market is divided into residential, commercial, industrial, municipal, agriculture, and others.

  • The industrial segment dominated the market in 2022, with applications spanning wastewater treatment, food processing, and boiler feed systems.
  • The commercial segment is projected to grow fastest, driven by increasing adoption in buildings, fountains, and aquariums, where consistent water pressure is required.

Based on the Distribution Channel, the market is segmented into online and offline channels.

  • The offline channel led the market in 2022 due to personalized support from sales representatives, preferred in industries where pump selection is complex.
  • The offline channel is expected to maintain growth as customers value direct engagement and trust-building in high-stakes purchases.

Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

  • North America held the largest share in 2022, with significant demand in the food, agriculture, and industrial sectors.
  • Asia-Pacific is anticipated to grow at a CAGR of 5.0%, driven by expansion in industrial, commercial, and agricultural projects in countries like China and India.
Report Attributes Report Details
Study Timeline 2017-2030
Market Size in 2031 USD 3,402.04 Million
CAGR (2023-2030) 4.3%
By Type Single Stage and Multi-Stage
By Power Source Electric, Diesel, Gasoline, and Others
By End User Residential, Commercial, Industrial, Municipal, Agriculture, Others
By Distribution Channel Online Channel and Offline Channel
By Region North America(U.S., Canada, Mexico)
Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe)
APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific)
Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA)
LATAM(Brazil, Argentina, Chile, Rest of LATAM)

Top Key Players & Competitive Landscape :

The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.

List of prominent players in the Bone Harvester Industry:

  • Acumed LLC
  • Globus Medical
  • Arthrex, Inc.
  • Paragon 28, Inc.
  • Paradigm Biodevices Inc.
  • Zimmer Biomet
  • DePuy Synthes (Johnson & Johnson)
  • Avitus Orthopaedics
  • Trinity Orthopedics
  • Wright Medical Group N.V.
  • Stryker
  • Biogennix, LLC.

Recent Industry Developments :

  • February 2023: Ebara Corporation developed a liquid hydrogen booster pump to support hydrogen power generation systems.
  • April 2022: Winston Engineering Corporation introduced the Esybox Max booster pump, designed to enhance energy efficiency.
  • August 2021: Grundfos India launched the SCALA1 booster pump, featuring high efficiency and low noise for residential applications.