Bone Cement Market Size Estimated to Reach USD 1354.71 MN By 2028, With 5.5 % CAGR: Credence Research – Digital Journal

The key players in the global Bone Cement market in terms of value include DePuy DJO Global, Inc., Arthrex, Inc., Tecres S.p.A., Heraeus Holding GmbH, Teknimed, Synthes (The Orthopedics Company of Johnson & Johnson), Zimmer Biomet, Stryker Corporation, Smith & Nephew, and Cardinal Health Inc.

The latest market report published by Credence Research, Inc. Global Bone Cement Market: Growth, Future Prospects, and Competitive Analysis, 2016 2028. The Global Bone Cement Market generated revenue of around USD 982.5 million in 2021 and is anticipated to grow a CAGR of over 5.50% during the forecast period from 2022 to 2028 to reach around USD 1354.71 million in 2028. While, cumulative growth opportunity presented by the global Bone Cement is around USD 372.21 million during 2022 to 2028.

Bone cement, also referred to as Plexiglas or polymethylmethacrylate (PMMA), is frequently used in orthopaedic, dental, and trauma surgeries for implant fixation. Usually, artificial joints are attached with bone cement. By bridging the gap between the bone and the artificial body part, it fills the function of an elastic zone. Bone cement is used to anchor artificial joints. The tight mechanical interlock between the prosthesis and the uneven bone surface is what makes bone cement work; it lacks intrinsic adhesive properties. Commercially, bone cement is offered as calcium phosphate cement and glass polyalkenoate (ionomer) cement (GPC) (CPC). Due to its low mechanical strength, calcium phosphate cementwhich is biocompatible and absorbableis primarily used in cranial and maxillofacial surgeries.

Increased occurrences of periodontics among young people, rising need for orthopedic bone cement and casting materials, particularly among the geriatric population, and a growing geriatric population are some of the primary drivers driving the worldwide bone cement markets growth. The increased prevalence of osteoporosis, rising need for arthroplasty, and a considerably growing older population are the factors driving market expansion. The rising number of sports injuries and road traffic accidents is also driving the expansion of the bone cement industry. Furthermore, advancements in the field of regenerative medicine are fueling market expansion. The growing incidence of hip, knee, and other bone replacement procedures around the world is predicted to propel the bone cement industry. On the other hand, rising unfavorable compensation scenarios, growing costs, and wide clinical data requirements for the introduction of new bone cements are among the major factors impeding market growth over the forecast period.

The global Bone Cement market is segmented into type, application, and Geography. Based on type the market is categorized Polymethyl Methacrylate (PMMA) Cement, Calcium Phosphate Cement (CPC), Glass Polyalkenoate Cement (GPC) and Others. On the basis of application, the market is segmented into Arthroplasty, Kyphoplasty and Vertebroplasty. On the basis of geography, the market is segmented as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.

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Table Of Content:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I Secondary Research

1.3.2. Phase II Primary Research

1.3.3. Phase III Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Bone Cement Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Bone Cement Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Type

3.3.2. Application

3.3.3. Geography

3.4. Porters Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Bone Cement Market Pre Vs Post COVID 19, 2019 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Bone Cement Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Bone Cement Market, by Type, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Polymethyl Methacrylate (PMMA) Cement

6.2.3. Calcium Phosphate Cement (CPC)

6.2.4. Glass Polyalkenoate Cement (GPC)

6.2.5. Others

6.3. North America Bone Cement Market, by Application, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Arthroplasty

6.3.3. Kyphoplasty

6.3.4. Vertebroplasty

6.3.5. Others

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Bone Cement Market Size Estimated to Reach USD 1354.71 MN By 2028, With 5.5 % CAGR: Credence Research - Digital Journal