Global Bone Cement Market Growth 2023-2029

Global Bone Cement Market Growth 2023-2029

Bone cement, also known as polymethylmethacrylate (PMMA) bone cement, is a self-curing. It provides elasticity by filling the space between prosthesis and the bone. It is a substance used in hip replacement surgery that acts as an adhesive to hold the artificial hip in place. It either comes in a pre-mixed form or as powders and liquids that are mixed in the operating room during surgery. Bone cements are utilized to reinforce stability in bones during an internal fixation surgery. It is also an essential component in many total joint arthroplasty procedures. In a cemented arthroplasty, the main functions of the cement are to immobilize the implant, transfer body weight and service loads from the prosthesis to the bone, and increase the load-carrying capacity of the prosthesis-bone cement-bone system.

LPI (LP Information)' newest research report, the “Bone Cement Industry Forecast” looks at past sales and reviews total world Bone Cement sales in 2022, providing a comprehensive analysis by region and market sector of projected Bone Cement sales for 2023 through 2029. With Bone Cement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bone Cement industry.

This Insight Report provides a comprehensive analysis of the global Bone Cement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bone Cement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bone Cement market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bone Cement and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bone Cement.

The global Bone Cement market size is projected to grow from US$ 656.1 million in 2022 to US$ 1022 million in 2029; it is expected to grow at a CAGR of 1022 from 2023 to 2029.

Global bone cement key players include Stryker, Johnson & Johnson, Heraeus Medical, Smith & Nephew, B. Braun Melsungen AG, etc. Global top 5 manufacturers hold a share about 50%.

Americas is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, both have a share about 55 percent.

In terms of product, low viscosity cements is the largest segment, with a share about 60%. And in terms of application, the largest application is joint, followed by vertebral.

This report presents a comprehensive overview, market shares, and growth opportunities of Bone Cement market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Low Viscosity Cements

Medium Viscosity Cements

High Viscosity Cements

Segmentation by application

Joint

Vertebral

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Stryker

Johnson & Johnson

Heraeus Medical

Smith & Nephew

B. Braun Melsungen AG

Medtronic

Alphatec Spine

DJO Global

Tecres

Merit Medical

Somatex Medical Technologies

Medacta International

Cook Medical

TEKNIMED

G-21

Hoya

Shanghai Rebone

OSARTIS GmbH

IZI Medical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bone Cement market?

What factors are driving Bone Cement market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bone Cement market opportunities vary by end market size?

How does Bone Cement break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.