Market Overview:
The global orthopaedic bone cement and casting materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of musculoskeletal disorders, rising geriatric population, and technological advancements in orthopaedic implants and surgical procedures. The global orthopaedic bone cement and casting materials market is segmented on the basis of type into bone cement and casting materials. The casting materials segment is further sub-segmented into plaster casts, fiberglass casts, silicone casts, others. On the basis of application, the global orthopaedic bone cement and casting materials market is divided into joint arthroplasty, trauma cases, sports injury surgeries,, spine surgeries,, other applications). Joint arthroplasty dominates the application segment owing to high prevalence rates for arthritis globally coupled with technological advancements in implant design & development that have led to increased adoption rates for total knee replacements & hip replacements surgeries. Trauma cases are expected to grow at a highest CAGR during forecast period due high incidence rates for fractures across globe .
Product Definition:
Orthopaedic bone cement and casting materials are used to help stabilize bones that have been fractured. The cement helps to keep the bones in place while they heal, and the cast prevents the patient from moving the bones around.
Bone Cement:
Bone cement is a synthetic bone substitute that is used to treat defects in the bones of the body. It's main function is to fill the gap between two pieces of bone and strengthen them together. The material consists of hydroxyapatite, which is a mineral made up of calcium and phosphate ions, along with some other ingredients like dextrose, antibiotics, saline solution etc., which are mixed according to requirements.
Casting Materials:
Casting materials are used in bone cement and casting process to obtain a mold of the damaged part of body. The material is then changed or replaced with an artificial one that has the same properties as original bones. This procedure is followed by curing using heat or chemicals, which gives rise to another set of problems.
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. Moreover, increasing disposable income levels coupled with easy access to medical facilities has led to an increase in demand for these products globally.
Trauma cases segment is expected register the fastest CAGR from 2018 to 2030 owing bone cement usage as a primary fixator after failed internal fixation by other devices or screws. Increasing number of road accidents and trauma cases resulting into higher use of bone cements as primary fixators post failed internal fixation procedures at various orthopedic centers across the globe.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of orthopedic cast manufacturers and bone cement manufacturers in this region. The U.S., which is one of the most lucrative markets for orthopedic products, held a share of over 80% in North America during the same year owing to high healthcare expenditure and rising prevalence of osteoporosis & arthritis among other factors.
Asia Pacific is expected to register significant growth over the forecast period due to increasing geriatric population, improving economic conditions, growing medical awareness levels coupled with an increase in per capita income leading towards overall development are some prime factors responsible for its rapid growth rate since past few years (8% CAGR). In addition, favorable government initiatives such as “One-Piece-Wear†policy implemented by China are anticipated to fuel regional product demand during next eight years from 2018 till 2030.
Growth Factors:
- Increasing incidence of bone fractures and joint replacements surgeries across the globe is expected to drive the demand for orthopaedic bone cement and casting materials over the forecast period.
- Growing geriatric population is also anticipated to fuel market growth as this population is more susceptible to bone fractures and joint replacements surgeries.
- Technological advancements in orthopaedic implants coupled with rising awareness about benefits of minimally invasive surgery are expected to propel market growth over the next few years.
- Rising healthcare expenditure coupled with increasing adoption of advanced medical technologies in emerging economies is projected to create lucrative opportunities for market players in the near future.
- Growing demand for customized implants owing to increasing patient preference for individualized treatment options is likely to boost demand for orthopaedic bone cement and casting materials over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopaedic Bone Cement and Casting Materials Market Research Report
By Type
Bone Cement, Casting Materials
By Application
Joint Arthroplasty, Trauma Cases, Sports Injury, Spine Surgeries, Others
By Companies
DePuy Orthopaedics, Zimmer, Smith & Nephew, Stryker, Biomet, Orthofix International, DePuy Orthopaedics
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Orthopaedic Bone Cement and Casting Materials Market Report Segments:
The global Orthopaedic Bone Cement and Casting Materials market is segmented on the basis of:
Types
Bone Cement, Casting 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:
- DePuy Orthopaedics
- Zimmer
- Smith & Nephew
- Stryker
- Biomet
- Orthofix International
- DePuy Orthopaedics
Highlights of The Orthopaedic 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 Cement
- Casting 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 Orthopaedic 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.
How you may use our products:
- Correctly Positioning New 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?
Orthopaedic bone cement and casting materials are used to create a permanent replacement for damaged or missing bones. The material is injected into the broken or missing bone, and then set with a heat gun or other device. This creates a strong bond between the new bone and the surrounding tissue, which can help restore function to the area.
Some of the major players in the orthopaedic bone cement and casting materials market are DePuy Orthopaedics, Zimmer, Smith & Nephew, Stryker, Biomet, Orthofix International, DePuy Orthopaedics.
The orthopaedic bone cement and casting materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Orthopaedic 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 Orthopaedic Bone Cement and Casting Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Orthopaedic 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 Orthopaedic 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 Orthopaedic Bone Cement and Casting Materials Market Size & Forecast, 2020-2028
4.5.1 Orthopaedic Bone Cement and Casting Materials Market Size and Y-o-Y Growth
4.5.2 Orthopaedic 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 Cement
5.2.2 Casting 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 Orthopaedic 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 Orthopaedic 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 Cement
9.6.2 Casting 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 Cement
10.6.2 Casting 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 Cement
11.6.2 Casting 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 Cement
12.6.2 Casting 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 Cement
13.6.2 Casting 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 Orthopaedic Bone Cement and Casting Materials Market: Competitive Dashboard
14.2 Global Orthopaedic Bone Cement and Casting Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DePuy Orthopaedics
14.3.2 Zimmer
14.3.3 Smith & Nephew
14.3.4 Stryker
14.3.5 Biomet
14.3.6 Orthofix International
14.3.7 DePuy Orthopaedics
