Market Overview:
The global magnesium phosphate cement 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 demand for magnesium phosphate cement in hospitals, ambulatory surgery centers (ASCs), and clinics/physician offices. Additionally, the growing awareness about the benefits of using magnesium phosphate cement is also contributing to the growth of this market. However, factors such as high cost and limited availability are restraining the growth of this market.
Product Definition:
Magnesium phosphate cement is a type of dental cement that is used to fill in cavities and to repair teeth. It is made up of magnesium oxide, phosphoric acid, and water. Magnesium phosphate cement sets quickly and hardens, which makes it ideal for use in dental procedures.
Antibiotic-Loaded Bone Cement:
Antibiotic-loaded bone cement is a new type of bone cement that contains antibiotics to fight against the harmful bacteria. The main purpose of antibiotic-loaded bone cement is to reduce the risk of infection around the surgery site and prevent leakage from occurring in case there are any problems with the implant.
The market for antibiotic-loaded bone cements is still at its nascent stage, as this product has only been approved by Japan’s Ministry of Health, Labor.
Non-Antibiotic-Loaded Bone Cement:
Non-antibiotic-loaded bone cement is a new generation of bone cement that has been developed to provide osteoarthritis patients with long-term (6 months or more) relief from joint pain and stiffness. The non-antibiotic loaded bone cement contains the same amount of active ingredient as standard antibiotic loaded ones, however, it does not contain any antibiotics.
The research study: “A Randomized Controlled Trial Comparing Antibiotics.
Application Insights:
The clinics/physician offices segment held the largest revenue share of over 40% in 2017. The segment is projected to expand at a steady CAGR from 2018 to 2030 owing to rising demand for minimally invasive procedures and increasing aging population. Minimally invasive procedures require bone cement that can withstand high temperatures without setting, which magnesium phosphate based cements are known for. Thus, they are widely used in clinics/physician offices as compared with hospitals or ASCs where more complex surgeries take place.
Magnesium phosphate cements have been gaining popularity among orthopedic surgeons due largely to their ease of use and application coupled with excellent results after surgery as well as during the healing process itself thereby reducing pain & inflammation and improving mobility & function after total hip replacement or knee arthroplasty surgeries respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 6.2% over the forecast period, owing to rising incidence of bone degenerative diseases and increasing demand for advanced surgical procedures/treatments, such as minimally invasive surgeries and alternative medicine therapies. In addition, growing healthcare infrastructure in this region is also anticipated to drive product demand during the forecast period.
Asia Pacific is expected to be one of fastest-growing regions during the same period owing to rapidly expanding medical sector coupled with improving healthcare facilities in emerging countries like China and India that are major consumers of this product ( Table 1 ). Moreover, rising awareness about osteoporosis care among patients will further boost regional growth over the next eight years ( Figure 1 ). However, high production cost associated with magnesium phosphate cement may pose a challenge for its widespread use across Asia Pacific especially when compared with low-cost alternatives like Portland cement [ 15 ].
Growth Factors:
- Increasing demand for Magnesium Phosphate Cement from the construction industry as a result of its superior properties such as high strength, low shrinkage and good workability.
- Rising demand for Magnesium Phosphate Cement in emerging markets due to the increasing population and rapid urbanization.
- Growing use of Magnesium Phosphate Cement in infrastructure development projects owing to its ability to withstand adverse environmental conditions.
- Increasing adoption of Magnesium Phosphate Cement by manufacturers of precast concrete products owing to its better performance characteristics compared with traditional cementitious materials.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Phosphate Cement Market Research Report
By Type
Antibiotic-Loaded Bone Cement, Non-Antibiotic-Loaded Bone Cement
By Application
Hospitals, Ambulatory Surgery Centers (ASCs), Clinics/Physician Offices
By Companies
Stryker, Zimmer Biomet, Depuy Synthes (A Part of Johnson & Johnson), Smith & Nephew, Arthrex, DJO Global, Exactech, Teknimed, Heraeus Medical, Cryolife, Stryker, Trimph
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium Phosphate Cement Market Report Segments:
The global Magnesium Phosphate Cement market is segmented on the basis of:
Types
Antibiotic-Loaded Bone Cement, Non-Antibiotic-Loaded Bone Cement
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
Hospitals, Ambulatory Surgery Centers (ASCs), Clinics/Physician Offices
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:
- Stryker
- Zimmer Biomet
- Depuy Synthes (A Part of Johnson & Johnson)
- Smith & Nephew
- Arthrex
- DJO Global
- Exactech
- Teknimed
- Heraeus Medical
- Cryolife
- Stryker
- Trimph
Highlights of The Magnesium Phosphate Cement 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:
- Antibiotic-Loaded Bone Cement
- Non-Antibiotic-Loaded Bone Cement
- By Application:
- Hospitals
- Ambulatory Surgery Centers (ASCs)
- Clinics/Physician Offices
- 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 Magnesium Phosphate Cement 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.
How you may use our products:
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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?
Magnesium phosphate cement is a type of cement that contains magnesium and phosphate. It is used to create strong, durable joints in concrete or other materials.
Some of the key players operating in the magnesium phosphate cement market are Stryker, Zimmer Biomet, Depuy Synthes (A Part of Johnson & Johnson), Smith & Nephew, Arthrex, DJO Global, Exactech, Teknimed, Heraeus Medical, Cryolife, Stryker, Trimph.
The magnesium phosphate cement 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 Magnesium Phosphate Cement 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 Magnesium Phosphate Cement Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnesium Phosphate Cement 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 Magnesium Phosphate Cement 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 Magnesium Phosphate Cement Market Size & Forecast, 2020-2028
4.5.1 Magnesium Phosphate Cement Market Size and Y-o-Y Growth
4.5.2 Magnesium Phosphate Cement 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 Antibiotic-Loaded Bone Cement
5.2.2 Non-Antibiotic-Loaded Bone Cement
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 Hospitals
6.2.2 Ambulatory Surgery Centers (ASCs)
6.2.3 Clinics/Physician Offices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesium Phosphate Cement 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 Magnesium Phosphate Cement 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 Antibiotic-Loaded Bone Cement
9.6.2 Non-Antibiotic-Loaded Bone Cement
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 Hospitals
9.10.2 Ambulatory Surgery Centers (ASCs)
9.10.3 Clinics/Physician Offices
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 Antibiotic-Loaded Bone Cement
10.6.2 Non-Antibiotic-Loaded Bone Cement
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 Hospitals
10.10.2 Ambulatory Surgery Centers (ASCs)
10.10.3 Clinics/Physician Offices
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 Antibiotic-Loaded Bone Cement
11.6.2 Non-Antibiotic-Loaded Bone Cement
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 Hospitals
11.10.2 Ambulatory Surgery Centers (ASCs)
11.10.3 Clinics/Physician Offices
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 Antibiotic-Loaded Bone Cement
12.6.2 Non-Antibiotic-Loaded Bone Cement
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 Hospitals
12.10.2 Ambulatory Surgery Centers (ASCs)
12.10.3 Clinics/Physician Offices
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 Antibiotic-Loaded Bone Cement
13.6.2 Non-Antibiotic-Loaded Bone Cement
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 Hospitals
13.10.2 Ambulatory Surgery Centers (ASCs)
13.10.3 Clinics/Physician Offices
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 Magnesium Phosphate Cement Market: Competitive Dashboard
14.2 Global Magnesium Phosphate Cement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker
14.3.2 Zimmer Biomet
14.3.3 Depuy Synthes (A Part of Johnson & Johnson)
14.3.4 Smith & Nephew
14.3.5 Arthrex
14.3.6 DJO Global
14.3.7 Exactech
14.3.8 Teknimed
14.3.9 Heraeus Medical
14.3.10 Cryolife
14.3.11 Stryker
14.3.12 Trimph
