According to a new market research study titled ‘Bone Cement Market to 2025 – Global Analysis and Forecasts by Type, Application and End User, the global bone cement market was valued at US$ 927.3 Mn in 2017 and is estimated to reach US$ 1414.1 Mn by 2025. The report highlights the trends prevalent in the global bone cement market and the factors driving the market along with those that act as deterrents to its growth.

The global bone cement market is a mature market in the developing countries as well as in developing economies worldwide. Increasing prevalence of osteoporosis, growing demand for arthroplasty procedures, and rapid growth in the geriatric population are the major factors fuelling the growth of this market. The incidences of osteoporosis has been increased significantly in the young as well as the aged population. For instance, according to a survey conducted by International Osteoporosis Foundation, around 15-30% male and 30-50% females are at a risk of suffering from osteoporotic fracture during their lifetime. This is expected to drive the growth bone cement worldwide. 

Bone Cement is being used for in arthroplasty procedures for over four decades for the purpose of total joint replacement prosthesis to periprosthetic bone. Injectable form of bone cement is being used for various applications in vertebroplasty. However, factors such as porosity, viscosity, radiopacifiers, sterilization, biocompatibility and presence of antibiotic additives and mixing methods are known to affect the clinical performance of bone cements.

Get Sample Reoprt on Industry Insight @ https://www.theinsightpartners.com/sample/TIPHE100000838/

North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as to new product launch, product approvals and strategic approaches by key players in the market.

Market Insights

Increasing Prevalence of Osteoporosis

Osteoporosis is a medical condition, characterized by low bone density along with deterioration of bone tissue. Osteoporosis increases the risk of fractures. On an average, osteoporosis causes more than 8.9 million fractures worldwide, i.e. an osteoporotic fracture every 3 seconds. Osteoporosis is said to be a global problem being experienced by around 10 million adults. The cases of osteoporosis has been increasing rapidly in the young as well as the aged population. The ratio between male and female is 1:4. According to a survey conducted by International Osteoporosis Foundation, around 15-30% male and 30-50% females are at a risk of suffering from osteoporotic fracture during their lifetime. Thus, this is a rising factor for the growth of market.

Product Insights

The global bone cement market by type was led by polymethyl methacrylate (PMMA) cement segment. In 2017, the polymethyl methacrylate (PMMA) cement segment held a largest market share of 47.1% of the bone cement market, by type. The polymethyl methacrylate (PMMA) cement segment is expected to dominate the market in 2025 owing to extensive use of PMMA in various orthopedic procedures such as arthroplasty, kyphoplasty, and verteboplasty.

Application Insights

The bone cement market by application was segmented into broplasty, arthroplasty, and kyphoplasty. The arthroplasty segment held the largest share of the market, by applicatin. The arthoplasty is likely to dominate in the forecast period owing to the increasing numbers of the procedures among which procedures for hip and knees are performed majorly.

Submit Community Content

If you have orthopedic information that you would like to share with the Orthogate Community, please register/login and submit your news, event, job, article, case or workshop from the Submit Content menu under the My Account area. Learn more!