Market Overview:
The global orthopaedic bone 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 incidence of musculoskeletal disorders, rising geriatric population, and technological advancements in the field of orthopaedics. Based on type, the low viscosity cements segment is expected to account for the largest share of the global orthopaedic bone cement market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. Low viscosity cements are easy to use and have high bonding strength with bones, which makes them popular among surgeons. Based on application, hospitals are expected to account for the largest share of the global orthopaedic bone cement market in 2018.
Product Definition:
Orthopaedic Bone Cement is a medical device used to fill in small gaps between bones or to attach implants to bones. It is also used as a sealant around artificial joints.
Low Viscosity Cements:
Low viscosity cement is a bone cement that contains hydroxyapatite and other mineralogic materials. It has been used in various orthopedic surgeries such as total hip arthroplasty, knee replacement, and others. The growth factor for this market is increasing demand for minimally invasive surgeries due to the fact that it helps in reducing post-operative pain & complications along with early recovery of patients.
Medium Viscosity Cements:
Medium viscosity cement is a bone cement that has low water content and high mineral content. The product was first introduced in the medical sector, where it was used for spinal fusion surgeries. Since then, it has found its way into other surgical specialties as well and is currently one of the most commonly used cements in orthopedic surgery.
Application Insights:
The market is segmented by application into hospitals, ambulatory surgical centers, and orthopedic clinics/hospitals. The hospital segment dominated the overall industry in terms of revenue in 2017 owing to increasing geriatric population and cases of trauma that require bone cement for reconstruction. According to a study published by National Center for Biotechnology Information (NCBI) in 2014, it was estimated that around 1% - 2% of the total population of North America may suffer from fragility fractures annually. This number increases with age above 60 years and about 15% - 25% of these patients are expected to develop osteoporosis over a period of 5-10 years due to low bone mass. As per NCBI, around 300,000 hip replacement procedures are performed every year globally which accounts for 2-3% among all spinal surgeries. Thus rising incidence rate coupled with aging population is anticipated fuel demand over the forecast period thus driving growth at a lucrative pace during the study period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region are some of the factors responsible for its large share. Moreover, growing number of product launches and favorable reimbursement policies are expected to propel regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population and increasing incidence of bone degeneration & osteoporosis that require orthopedic surgeries resulting into huge unmet clinical needs along with rapidly improving healthcare infrastructure especially in India & China is also contributing towards industry growth.
Growth Factors:
- Increasing incidence of bone fractures and osteoporosis: The increasing incidence of bone fractures and osteoporosis is a major growth driver for the orthopaedic bone cement market. According to the Centers for Disease Control and Prevention (CDC), around 54 million Americans are affected by osteoporosis, and around 1.5 million suffer from hip fractures every year in the U.S. This is expected to drive the demand for orthopaedic bone cement products in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace, owing to factors such as improved healthcare facilities, rising life expectancy, and declining fertility rates. This is expected to create significant demand for orthopaedic implants and devices in the coming years, which will benefit the orthopaedic bone cement market growth significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopaedic Bone Cement Market Research Report
By Type
Low Viscosity Cements, Medium Viscosity Cements, High Viscosity Cements
By Application
Hospitals, Ambulatory Surgical Centres, Orthopaedic Clinics
By Companies
Stryker (US), Zimmer Biomet (US), DePuy Synthes (Johnson & Johnson) (US), DJO (US), Smith & Nephew (US), Teknimed (FR), aap Implantate AG (DE), Tecres (IT), Medacta (CH), Osseon (US), Stryker (US), Cook Medical (US)
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Orthopaedic Bone Cement Market Report Segments:
The global Orthopaedic Bone Cement market is segmented on the basis of:
Types
Low Viscosity Cements, Medium Viscosity Cements, High Viscosity Cements
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 Surgical Centres, Orthopaedic Clinics
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 (US)
- Zimmer Biomet (US)
- DePuy Synthes (Johnson & Johnson) (US)
- DJO (US)
- Smith & Nephew (US)
- Teknimed (FR)
- aap Implantate AG (DE)
- Tecres (IT)
- Medacta (CH)
- Osseon (US)
- Stryker (US)
- Cook Medical (US)
Highlights of The Orthopaedic Bone 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:
- Low Viscosity Cements
- Medium Viscosity Cements
- High Viscosity Cements
- By Application:
- Hospitals
- Ambulatory Surgical Centres
- Orthopaedic Clinics
- 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 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?
Orthopaedic bone cement is a type of medical adhesive that is used to attach bones together. It is often used in cases where the bones are not close enough to fit through the skin or other body tissues.
Some of the key players operating in the orthopaedic bone cement market are Stryker (US), Zimmer Biomet (US), DePuy Synthes (Johnson & Johnson) (US), DJO (US), Smith & Nephew (US), Teknimed (FR), aap Implantate AG (DE), Tecres (IT), Medacta (CH), Osseon (US), Stryker (US), Cook Medical (US).
The orthopaedic bone cement 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 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Orthopaedic Bone 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 Orthopaedic Bone 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 Orthopaedic Bone Cement Market Size & Forecast, 2020-2028
4.5.1 Orthopaedic Bone Cement Market Size and Y-o-Y Growth
4.5.2 Orthopaedic Bone 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 Low Viscosity Cements
5.2.2 Medium Viscosity Cements
5.2.3 High Viscosity Cements
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 Surgical Centres
6.2.3 Orthopaedic Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Orthopaedic Bone 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 Orthopaedic Bone 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 Low Viscosity Cements
9.6.2 Medium Viscosity Cements
9.6.3 High Viscosity Cements
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 Surgical Centres
9.10.3 Orthopaedic Clinics
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 Low Viscosity Cements
10.6.2 Medium Viscosity Cements
10.6.3 High Viscosity Cements
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 Surgical Centres
10.10.3 Orthopaedic Clinics
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 Low Viscosity Cements
11.6.2 Medium Viscosity Cements
11.6.3 High Viscosity Cements
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 Surgical Centres
11.10.3 Orthopaedic Clinics
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 Low Viscosity Cements
12.6.2 Medium Viscosity Cements
12.6.3 High Viscosity Cements
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 Surgical Centres
12.10.3 Orthopaedic Clinics
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 Low Viscosity Cements
13.6.2 Medium Viscosity Cements
13.6.3 High Viscosity Cements
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 Surgical Centres
13.10.3 Orthopaedic Clinics
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 Market: Competitive Dashboard
14.2 Global Orthopaedic Bone Cement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker (US)
14.3.2 Zimmer Biomet (US)
14.3.3 DePuy Synthes (Johnson & Johnson) (US)
14.3.4 DJO (US)
14.3.5 Smith & Nephew (US)
14.3.6 Teknimed (FR)
14.3.7 aap Implantate AG (DE)
14.3.8 Tecres (IT)
14.3.9 Medacta (CH)
14.3.10 Osseon (US)
14.3.11 Stryker (US)
14.3.12 Cook Medical (US)
