Orthopedic Bone Cement Market holds substantial share forecast to 2032, owing to the growing number of joint replacement surgeries | insightSLICE
At a CAGR of 5.9%, the market for Orthopedic Bone Cement is anticipated to grow from its projected value of US$ 0.95 billion in 2020 to US$ 1.8 billion by 2031.
What is bone cement?
Bone cement is a biomaterial that may be molded and applied as a slurry and binds the implantation within the body. It can be generally made by combining liquid and powder components.
They are mostly utilized in standalone orthopedic, neurological, and traumatic treatments. Osteoporosis progression in middle and old-age patients is a key factor influencing the orthopedic cement market as a whole.
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The key players of the Global Orthopedic Bone Cement Market are:
The main competitors of the Global Orthopedic Bone Cement Market that are covered in our report include Zimmer Biomet, Stryker Corporation, Smith & Nephew, Inc., DePuy Synthes, Aegis Spine, DJO Global, Becton Dickinson, Alphatec Spine, Cook Medical, Elite Surgical, Exactech, Evolutis, and others.
How is the market performance and what can be expected?
The rising demand for orthopedic and detoxifying equipment, particularly among those with confirmed disabilities, is likely to propel the market. Nevertheless, it is believed that market expansion will be constrained by unintended consequences and the expense of the operations.
The need for joint replacement surgery is more common among older persons and people because they are more prone to fractures and bone-related injuries. This cement offers a superior substitute to screws and wires, which are known to exacerbate patients’ problems.
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According to United Nations research published in 2015, the population of adults 60 and older is expected to increase by 63% by 2031 and reach 2.1 billion which will turn out to be the biggest driver of demand during the forecast period.
Therefore, it is anticipated that this will aid in expanding the patient base for joint replacement procedures and, as a result, speed up revenue advancement for the bone cement market during the forecasted year of 2022–2032.
Organizations are quickly monitoring the new market elements, putting more emphasis on new conveyance affairs, clearly to meet both local and international potential interest plans, to respond to the increasing demand for cutting-edge Orthopedic Bone Cement solutions.
Product launches and other recent advances in the orthopedic bone cement market are anticipated to boost market growth between 2022 and 2032.
We have generated a valuable market report:
Our report on the global orthopedic bone cement market offers information on market share, new trends, best practices, and forecasts for the years 2022–2032. The research would give a company overview and market outlook for the top players in the global orthopedic bone cement market after taking the competitive environment into account.
In addition, the report will include information on important advancements, global and regional sales networks, business strategies, research and development initiatives, staff strength, and key executives for all significant market participants.
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What is covered in this market report?
This research offers a thorough analysis of significant companies that control the majority of the global market. The business divisions of these corporations are given particular attention, and we pick the best-performing divisions in this market.
Our study on the Orthopedic Bone Cement Market also includes information on the market shares and sales figures of major players. Through our report, the research also takes into account information about the competition, such as takeovers, product USPs, important developments, SWOT analyses, etc.
The global orthopedic bone cement industry’s supply chain, distributors, and sellers will all be taken into account in the market analysis. We also cover data on existing and upcoming products, clinical trial information, regulatory hurdles, regional expansion plans along with merger and partnership deals that are currently anticipated.
Global Orthopedic Bone Cement Market Key Segments:
Based on Material Type
- Low Viscosity Cements
- Medium Viscosity Cements
- High Viscosity Cements
- Antibiotic Cements
- Polymethylmethacrylate
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA
- South America
- Brazil
- Rest of South America
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