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According to a recent report by Grand View Research, Inc., the global orthopedic bone cement market is expected to reach USD 975.7 million by 2030. The market is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2030. Several key factors are driving this growth, including the increasing demand for minimally invasive procedures, which are preferred for their lower risk and quicker recovery times. Additionally, advancements in casting materials and techniques are enhancing the effectiveness of orthopedic bone cement. The growing prevalence of orthopedic disorders and injuries, such as osteoarthritis and fractures, is also playing a significant role in fueling the demand for these products.
For example, a study published by the Institute for Health Metrics and Evaluation in August 2023 revealed that osteoarthritis affects 15% of the global population over the age of 30. This growing patient demographic has contributed to the rise in demand for orthopedic solutions like bone cement, which is commonly used in joint replacement surgeries and fracture treatments.
Moreover, the increase in bone fractures, particularly in the elderly population, is driving the market further. According to the World Osteoporosis Day Survey 2023 conducted by the International Osteoporosis Foundation, 43% of women surveyed reported experiencing bone fractures after a minor fall or bump post age 50. Additionally, an article published in June 2023 by ScienceDirect highlighted that hip fractures in India have a prevalence rate of more than 120 fractures per 100,000 individuals aged over 50 annually. Such statistics emphasize the rising need for orthopedic bone cement products, which aid in the fixation of implants and help in the healing process after fractures.
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Orthopedic Bone Cement Market Report Highlights:
• Material Type – Polymethyl Methacrylate (PMMA): The PMMA segment led the market in 2023, holding the largest share of revenue. PMMA, a bioinert material, is widely used in prosthesis fixation during joint arthroplasty procedures. Its ability to provide stable and durable fixation makes it the preferred material for bone cement.
• Product Type – Antibiotic-loaded Bone Cement: The antibiotic-loaded bone cement segment dominated the market in 2023. These cements are instrumental in improving implant fixation and reducing the risk of deep surgical site infections, particularly following procedures like hemiarthroplasty (partial joint replacement).
• End-Use Segment – Hospitals: The hospital segment accounted for the largest revenue share in 2023. Hospitals dominate the market in both developed and low-income nations, as many patients requiring orthopedic procedures often visit hospitals for treatment, especially in regions where outpatient and clinic-based care is limited.
• Regional Insights – North America: North America held the dominant position in the global orthopedic bone cement market in 2023. This is primarily due to government initiatives aimed at accelerating research in orthopedic conditions, the presence of major market players, and the continuous launch of a diverse range of orthopedic bone cement products catering to various surgical needs. North America's well-established healthcare infrastructure further supports its leading position in the market.
Orthopedic Bone Cement Market Segmentation
Grand View Research has segmented the global orthopedic bone cement market based on material, product, end-use, and region:
Orthopedic Bone Cement Material Outlook (Revenue, USD Million, 2018 - 2030)
• Polymethyl Methacrylate (PMMA)
• Calcium Phosphate
• Glass Polyalkeonate
Orthopedic Bone Cement Product Outlook (Revenue, USD Million, 2018 - 2030)
• Bone Cement Without Antibiotics
• Antibiotic Loaded Bone Cement
Orthopedic Bone Cement End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Hospitals
• Outpatient Facilities
Orthopedic Bone Cement Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o Spain
o Italy
o France
o Denmark
o Norway
o Sweden
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Argentina
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
List of Key Players in the Orthopedic Bone Cement Market
• Stryker
• Zimmer Biomet
• DePuy Synthes
• Smith & Nephew
• DJO Global Inc. (Enovis)
• Arthrex Inc.
• Tecres S.p.A. (Demetra Holding S.p.A.)
• Heraeus Medical GmbH
• Cardinal Health
Order a free sample PDF of the Orthopedic Bone Cement Market Intelligence Study, published by Grand View Research.
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