Bone Cement Market Size:
According to the Research Cosmos Forecast Analysis, the Bone Cement Market Size was 730 Million in 2017, and is expected to reach 1050 Million by the end of 2022, with increasing a CAGR of 8.60% during the forecast period 2018-2022.
Bone Cement Market Outline Report:
Bone cement is commonly known as methyl polymethacrylate (PMMA) and is often used for implant fixation in various orthopedic, dental and traumatological operations. The bone cement has no intrinsic adhesive properties. However, it is based on a mechanical closure between the irregular bone surface and the prosthesis. Commercially, bone cement is available as calcium phosphate cement (CPC) and polyalkenate cement. The CPC is bio absorbable, biocompatible and, due to its low mechanical resistance, is mainly used in cranial and facial surgery. The use of multiple bone cements has evolved over the last century. Research continues to develop clinical applications and reduce the side effects associated with their use in surgery.
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Bone Cement Market – Drivers and Restraints Report:
The prevalence of osteoporosis is an important factor driving the global bone cement market. The increasing frequency of periodicity in young adults and the growing demand for cement after orthopaedic bone and foundry material, especially in the geriatric population, are few factors that are expected to extend the bone cement market. Increasing numbers of national and global players entering the market with new ingredients such as impregnated antibiotic bone have significantly increased their use in pathological fractures and general prosthetic fixation. According to the World Health Organization, the world’s population aged 85+ will increase by 35% over the next 40 years. International Springer Nature’s Osteoporosis publishes that about 158 million people that are 50 years and older are susceptible to fractures. The research also found that fractures could double by 2040. Some factors, such as the preference for bone grafts on bone cement products in major orthopaedic surgeries and local inflammation that lead to chronic complications in hip replacement, could limit the market in the projected period.
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Bone Cement Market – Geographical Analysis:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Rest of the World
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Bone Cement Market – Regional Share Insights:
North America is expected to dominate the market over the forecast period. According to the report of the Centres for Disease Control and Prevention, it is estimated that around 3.5 million people are visiting the emergency department. Welfare costs associated with the treatment of osteoporotic fractures range from USD 17 to USD 20 million a year. In addition, increased prevalence of arthritis and periodontal diseases, especially in developing countries such as China and India, has increased the demand for this market. In Europe, US and Japan, more than 75 million people were affected by the disease. Knee surgery, general prosthetic fixation and dental disease have increased in the Asia-Pacific region. It is expected to stimulate demand for profitable operations, which are expected to lead the bone cement market in the Asia-Pacific region over the forecast period.
Bone Cement Market – Key Vendors List:
- Heraeus Holding
- DJO Global
- Zimmer Biomet
- Smith & Nephew
- Exactech, Inc.
- DePuy Synthes
- Orthofix International N.V
- BSN Medical GmbH.
- 10+ More Companies
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