Bone Cement Market Analysis and Forecast to 2032: By Type (Polymethyl Methacrylate (PMMA) Cement, Calcium Phosphate Cement (CPC), Glass Polyalkenoate Cement (GPC)), Application (Arthroplasty, Kyphoplasty, Vertebroplasty), End User (Hospitals, Ambulatory S

Bone Cement Market Analysis and Forecast to 2032: By Type (Polymethyl Methacrylate (PMMA) Cement, Calcium Phosphate Cement (CPC), Glass Polyalkenoate Cement (GPC)), Application (Arthroplasty, Kyphoplasty, Vertebroplasty), End User (Hospitals, Ambulatory Surgery Centers, Clinics), and Region

The bone cement market was valued at USD 1,103 million in 2022 and it is anticipated to grow further till USD 1,920.2 million by 2032, at a CAGR of 5.7% during the forecast period.

Bone cement is used to fix prostheses to the bone in orthopedic musculoskeletal surgical procedures for osteoporosis, osteoarthritis, rheumatoid arthritis, traumatic arthritis, vascular necrosis, severe joint destruction secondary to trauma, collagen disease, and revision of previous arthroplasty procedures.
Global Bone Cement Market Scope and Report Structure
Market Trends and Drivers
According to estimates supplied by the World Health Organization, the worldwide population aged 85 or more will increase by 351% over the next 40 years, placing an increased load on healthcare institutions around the world. According to a study published in the Osteoporosis International Journal, 158 million Americans age 50 or over are at a high risk of suffering a bone fracture. The study also predicted that by 2040, the prevalence would double. A significant market-driving factor for orthopedic bone cement and casting materials has been the growing incidence of osteoporosis worldwide. Forearm fractures are the most common type of fracture and affect 1.7 million persons worldwide. According to the International Osteoporosis Foundation, osteoporosis affects more than 75 million individuals in Europe, the United States, and Japan, and is believed to be the cause of 8.9 million fractures per year. According to projections, the market for orthopaedic bone cement and casting materials will expand significantly as the incidence of bone fractures rises in both developed and developing nations.
Market Restraints and Challenges
Unfavorable insurance reimbursement scenarios, high costs, and onerous clinical data requirements for the introduction of new bone cements are the market growth inhibitors. Growth Opportunities in Emerging Economies are the opportunities, in contrast.

Global Bone Cement Market Segmental Overview
The global bone cement market is segmented into type, application, end user, and region.

Global Bone Cement Market by Type

Based on the type, it is segmented into PMMA, CPC, and GPC. The PMMA segment is anticipated to dominate the market during the forecast period. The key factors such as their use for various orthopedic knee, hip, and spine implant fixation is likely to boost the growth of the market.

Global Bone Cement Market by Application

Based on the application, it is segmented into arthroplasty, kyphoplasty, and vertebroplasty. The arthroplasty segment is anticipated to dominate the market during the forecast period. The key factors such as rising number of knee surgeries owing to sports related injuries and accidents is boosting the growth of the market.

Global Bone Cement Market by End User

Based on the end user, it is segmented into hospitals, ambulatory surgery centers, and clinics. The hospitals segment is anticipated to dominate the market during the forecast period. The key factors such as rising number of orthopedic surgeries across the globe is boosting the growth of the market.
Geographical Analysis of the Global Bone Cement Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Owing to the rising prevalence of arthritis and periodontal disease in the region the market is witnessing the fastest growth.
Major Players in the Global Bone Cement Market
The key players studied in the report are DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, DJO Global, Arthrex, Inc., Tecres, Heraeus Holding, Teknimed, and Osteopoeriss LLC among others.
COVID-19 Impact
Following the COVID-19 virus outbreak in December 2019, the World Health Organization (WHO) declared the coronavirus illness 2019 (COVID-19) to be a pandemic. Since then, the epidemic has expanded to almost every country in the world. The populace has become increasingly confined to their houses and has cut back on their travel, which has a negative or good effect on the market as a whole. The paper further evaluates the existing and potential consequences of the COVID-19 pandemic on the broader market, providing more accurate and true estimates in accordance with the state of the market. The entire world is suffering due to the coronavirus outbreak. Almost all nations have implemented strong social segregation policies, including lockdowns. Supply chains have been disrupted as a result. Common systems have been altered by the pandemic.
Recent Developments

July 2021, Arthrez, Inc., entered into a distribution agreement with Celularity Inc., to distribute and commercialize Celularity’s placental-derived biomaterial products for orthopedics and sports medicine in the US.
January 2021, Zimmer Biomet won a US International Trade Commision case, in which, it was accused of stealing Heraeus trade secrets for bone cement-the compound used to fill the gap between an artificial joint and a bone.
December 2020, Smith & Nephew launched a field action to remove a single lot of Versabond AB 40 Grams formulation 2 due to possible heat and humidity exposure. When mixed, the affected lot was described as having an unusual sandy, flaky, or grainy consistency.

Frequently Asked Questions
Q1. How big is the Bone Cement market?

Ans. The global Bone Cement market size was USD 1,103 million in 2022 and it is anticipated to grow further till USD 1,920.2 million by 2032, at a CAGR of 5.7% from 2023 to 2032.

Q2. What is the Bone Cement market growth rate?

Ans. The growth rate of the Bone Cement market is 5.7%.

Q3. Which region holds a major market share for the Bone Cement market?

Ans. North America holds a major market share of the Bone Cement market in 2021.

Q4. Which segment accounted for the largest Bone Cement market share?

Ans. By end user, the hospitals segment accounted for the largest Bone Cement market share.

Q5. Who are the key players in the Bone Cement market?

Ans. The global Bone Cement market report includes players such as DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, DJO Global, Arthrex, Inc., Tecres, Heraeus Holding, Teknimed, and Osteopoeriss LLC among others.

Q6. What are the factors driving the Bone Cement market growth?

Ans. The major factors driving the growth of the market are the growing healthcare market in emerging countries.

Q7. What are the key growth strategies of Bone Cement market players?

Ans. The key growth strategies of Bone Cement market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the Bone Cement market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the Bone Cement market during the forecast period.

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