Market Overview:
The global bone cement and casting materials market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of orthopedic diseases, rising geriatric population, and technological advancements in the field of orthopedics. The global bone cement and casting materials market is segmented on the basis of type, application, and region. On the basis of type, it is divided into bone cast materials and bone cement materials. Bone cast material are used for immobilizing bones during healing process while bone cements are used for fixing implants or prostheses into place within bones. On the basis of application, it is classified into joint arthroplasty (hip replacement surgery/knee replacement surgery), trauma cases (fractures), sports injury (ligament tear), spine surgeries (spinal fusion/discectomy), and others (cranio-maxillofacial surgeries).
Product Definition:
Bone cement is used to fix or attach bones together. It can also be used to fill in gaps between bones. Casting materials are used to create a cast or mold of a broken bone so that it can heal properly.
Bone Cast Materials:
Bone cast materials are used to make bone cement and casting materials. Bone cement is a synthetic resin that is used to fill the gap between the broken bones in an attempt to realign or stabilize them. It helps in reducing pain, inflammation and swelling as well as aids in healing process of injured area. On account of these properties, it has been widely accepted by orthopedic surgeons all over the world and hence its demand is constantly rising.
Bone Cement Materials:
Bone cement materials are the substances that are used to bind the broken or cracked bones together. The bone cement materials market is segmented on the basis of types and applications. On the basis of types, bone cement material market is classified into two- component cements and three-component cements.
Application Insights:
The joint arthroplasty segment dominated the overall market in terms of revenue share in 2017. This is due to a rise in the number of total knee replacement procedures and rising geriatric population with respect to whom these surgeries are performed. According to data published by NCBI, it is estimated that nearly 685,000 total knee replacement procedures were performed globally during 2014-2015.
In addition, key players have launched new products for joint reconstruction post Total Knee Arthroplasty (TKA). For instance, Stryker Corporation has introduced a new technology called ¢â‚¬Å“Concate¢â‚¬ which helps improve outcomes after TKA surgery by reducing wear debris and bone chips from inside the patient¢â‚¬â„¢s body through an exteriorized device. Such factors are expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global bone cement and casting materials market in 2017. The presence of well-developed healthcare infrastructure, high awareness levels coupled with relatively higher healthcare expenditure levels in this region are some factors responsible for its large share. In addition, favorable reimbursement policies for advanced surgical procedures are also expected to drive growth during the forecast period.
The Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing geriatric population base and rising incidences of joint surgeries among them. In addition, growing medical tourism industry due to lower treatment costs in emerging economies such as India and China is further expected boost demand from other countries across this region during the forecast period.
Europe accounted for a significant share owing to developed economy coupled with relatively higher disposable income level compared with other regions across this world (even within Europe).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter hospital stay time, lower post-operative pain levels, and quicker recovery times. Bone cement and casting materials are extensively used in minimally invasive surgeries, thus driving the growth of this market.
- Rising prevalence of bone diseases: The global prevalence of bone diseases such as osteoporosis and arthritis is on the rise due to changing lifestyles and aging populations. This has led to an increase in the demand for bone cement and casting materials products as they are used in the treatment of these diseases.
- Growing use of 3D printing technology: 3D printing technology is being increasingly used in medical applications such as prosthetics, implants, and tissue engineering scaffolds owing its ability to produce customized products with high accuracy and precision .Bone cementandcastingmaterialsarealsobeingusedin3DPrintingtechnologiesolutionsfortheproductionofcustomizedboneimplantsandotherorthopedicproductsneededfortreatmentofboneconditionsandsurgeries..Thisisexpectedtobringaboutthegrowthofthemarketfordestructiblepolymersintheforeseeablefuture..
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Cement and Casting Materials Market Research Report
By Type
Bone Cast Materials, Bone Cement Materials
By Application
Joint Arthroplasty, Trauma Cases, Sports Injury, Spine Surgeries, Others
By Companies
Orthofix International, Exactech, DePuy Orthopaedics (Johnson&Johnson), Zimmer Holdings, BSN medical, M Health Care, Stryker, Biomet, Smith & Nephew, Orthofix International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Bone Cement and Casting Materials Market Report Segments:
The global Bone Cement and Casting Materials market is segmented on the basis of:
Types
Bone Cast Materials, Bone Cement Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Joint Arthroplasty, Trauma Cases, Sports Injury, Spine Surgeries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Orthofix International
- Exactech
- DePuy Orthopaedics (Johnson&Johnson)
- Zimmer Holdings
- BSN medical
- M Health Care
- Stryker
- Biomet
- Smith & Nephew
- Orthofix International
Highlights of The Bone Cement and Casting Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bone Cast Materials
- Bone Cement Materials
- By Application:
- Joint Arthroplasty
- Trauma Cases
- Sports Injury
- Spine Surgeries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bone Cement and Casting Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bone cement is a type of adhesive that is used to attach bones together. Casting materials are substances that are used to create objects from solidified liquid or gas.
Some of the major players in the bone cement and casting materials market are Orthofix International, Exactech, DePuy Orthopaedics (Johnson&Johnson), Zimmer Holdings, BSN medical, M Health Care, Stryker, Biomet, Smith & Nephew, Orthofix International.
The bone cement and casting materials market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Cement and Casting Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bone Cement and Casting Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Cement and Casting Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bone Cement and Casting Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bone Cement and Casting Materials Market Size & Forecast, 2020-2028
4.5.1 Bone Cement and Casting Materials Market Size and Y-o-Y Growth
4.5.2 Bone Cement and Casting Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bone Cast Materials
5.2.2 Bone Cement Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Joint Arthroplasty
6.2.2 Trauma Cases
6.2.3 Sports Injury
6.2.4 Spine Surgeries
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Cement and Casting Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bone Cement and Casting Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bone Cast Materials
9.6.2 Bone Cement Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Joint Arthroplasty
9.10.2 Trauma Cases
9.10.3 Sports Injury
9.10.4 Spine Surgeries
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bone Cast Materials
10.6.2 Bone Cement Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Joint Arthroplasty
10.10.2 Trauma Cases
10.10.3 Sports Injury
10.10.4 Spine Surgeries
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bone Cast Materials
11.6.2 Bone Cement Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Joint Arthroplasty
11.10.2 Trauma Cases
11.10.3 Sports Injury
11.10.4 Spine Surgeries
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bone Cast Materials
12.6.2 Bone Cement Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Joint Arthroplasty
12.10.2 Trauma Cases
12.10.3 Sports Injury
12.10.4 Spine Surgeries
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bone Cast Materials
13.6.2 Bone Cement Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Joint Arthroplasty
13.10.2 Trauma Cases
13.10.3 Sports Injury
13.10.4 Spine Surgeries
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bone Cement and Casting Materials Market: Competitive Dashboard
14.2 Global Bone Cement and Casting Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Orthofix International
14.3.2 Exactech
14.3.3 DePuy Orthopaedics (Johnson&Johnson)
14.3.4 Zimmer Holdings
14.3.5 BSN medical
14.3.6 M Health Care
14.3.7 Stryker
14.3.8 Biomet
14.3.9 Smith & Nephew
14.3.10 Orthofix International
