Product Code: PMRREP34026
Persistence Market Research has recently published an in-depth analysis of the global Orthopedic Bone Cement Market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the Orthopedic Bone Cement Market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.
The orthopedic bone cement market is projected to grow at a compound annual growth rate (CAGR) of 5.0%, reaching a value of US$1.4 billion by the conclusion of 2030, up from US$1 billion in 2023.
Key Insights:
- Orthopedic Bone Cement Market Size (2023E): US$1.0 Bn
- Projected Market Value (2030F): US$1.4 Bn
- Global Market Growth Rate (CAGR 2023 to 2030): 5.0%
- Historical Market Growth Rate (CAGR 2018 to 2022): 4.4%
Orthopedic Bone Cement Market- Report Scope:
Orthopedic bone cement, composed of polymethylmethacrylate (PMMA), is crucial in orthopedic procedures for securing implants to bones, ensuring stability and functionality. It's widely used in joint replacements and spinal stabilization. Market growth is driven by factors such as increasing orthopedic ailments due to aging populations, technological advancements improving biocompatibility, rising sports-related injuries, and growing demand for minimally invasive surgeries. Rising healthcare expenditure and awareness about orthopedic treatments also contribute to market expansion.
Market Growth Drivers:
Advancements in novel cement formulations and technologies are key drivers of growth in the global orthopedic bone cement market. Pharmaceutical companies are investing significantly in R&D to develop materials with improved biocompatibility and durability, aiming to reduce post-operative complications. These advancements aim to enhance biomechanical properties, decrease implant loosening, and prevent infections through antibacterial properties. Additionally, innovations support minimally invasive surgical methods, promoting quicker recovery and improved patient outcomes.
Market Restraints:
The global orthopedic bone cement market faces significant restraints, notably from the dynamic and intricate regulatory environment. Manufacturers encounter challenges with regulatory approval processes, differing across regions, leading to delays in product introduction and increased resource allocation. Additionally, intense competition among manufacturers and pricing pressures contribute to difficulties in maintaining profitability and healthy profit margins. Factors such as reimbursement challenges and healthcare cost containment measures further exacerbate pricing pressures in the market.
Market Opportunities:
The demographic transition towards an increasingly elderly population presents a significant opportunity for the global orthopedic bone cement market. With aging populations more susceptible to orthopedic conditions, such as fractures and osteoarthritis, there's a growing demand for orthopedic interventions, including joint replacement surgeries. Moreover, the prevalence of musculoskeletal disorders across various age groups, driven by factors like sports injuries and sedentary lifestyles, further boosts the market's potential. By developing tailored cement formulations for different age groups and conditions, the market can better address diverse orthopedic needs and enhance patient care. Overall, the aging population and increasing orthopedic conditions offer a substantial opportunity for market expansion.
Key Questions Answered in the Report:
- What are the key factors driving the growth of the Orthopedic Bone Cement Market?
- Which industry verticals are driving the demand for Orthopedic Bone Cement?
- How are technological advancements reshaping the competitive landscape of the Orthopedic Bone Cement Market?
- Who are the leading players in the global Orthopedic Bone Cement Market?
- What are the emerging trends and future prospects in the global Orthopedic Bone Cement Market?
Competitive Intelligence and Business Strategy:
Key players in the orthopedic bone cement industry, like Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew plc, and DJO Global, maintain market dominance through innovation, strategic collaborations, and global expansion. Their investments in R&D drive the development of innovative cement formulations with enhanced properties and infection prevention capabilities. By focusing on emerging markets in Asia Pacific, such as China and India, they tap into growing awareness of orthopedic treatments and aging populations. Meanwhile, sustaining a strong presence in established markets like North America and Europe ensures continued growth opportunities due to well-established healthcare systems and high incidences of orthopedic conditions.
Key Companies Profiled:
- Stryker Corporation
- Smith & Nephew
- Johnson & Johnson (Depuy Synthes)
- Zimmer Biomet Holdings Inc.
- Synimed SARL
- Subiton LABORATORIOS SL S.A
- SCANOS
- DJO Global, Inc.
- Arthrex Inc.
- Tecres Spa
Orthopedic Bone Cement Market Segmentation:
By Material:
- Polymethyl Methacrylate (PMMA)
- Ceramic
- Acrylic
- Other Materials
By Product Type:
- Low Viscosity Cements
- Medium Viscosity Cements
- High Viscosity Cements
- Antibiotic Cement
By End User:
- Hospitals
- Orthopedic Clinics and Centers
- Other End-Users
By Region:
- North America
- Europe
- East Asia
- South Asia & Oceania
- Latin America
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Orthopedic Bone Cement Market Snapshot, 2023 and 2030
- 1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
- 1.3. Key Market Trends
- 1.4. Future Market Projections
- 1.5. Premium Market Insights
- 1.6. Industry Developments and Key Market Events
- 1.7. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Scope and Definition
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
- 2.3. Material Lifecycle Analysis
- 2.4. Orthopedic Bone Cement Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
- 2.5. Porter Five Force's Analysis
- 2.6. Geopolitical Tensions: Market Impact
- 2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
- 2.8. Forecast Factors - Relevance and Impact
- 2.9. Regulatory and Technology Landscape
3. Global Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
- 3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
- 3.3. Global Orthopedic Bone Cement Market Outlook: Material
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Material, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 3.3.3.1. Polymethyl Methacrylate (PMMA)
- 3.3.3.2. Ceramic
- 3.3.3.3. Acrylic
- 3.3.3.4. Other Materials
- 3.4. Market Attractiveness Analysis: Material
- 3.5. Global Orthopedic Bone Cement Market Outlook: Product Type
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 3.5.3.1. Low Viscosity Cements
- 3.5.3.2. Medium Viscosity Cements
- 3.5.3.3. High Viscosity Cements
- 3.5.3.4. Antibiotic Cements
- 3.6. Market Attractiveness Analysis: Product Type
- 3.7. Global Orthopedic Bone Cement Market Outlook: End User
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End User, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 3.7.3.1. Hospitals
- 3.7.3.2. Orthopedic Clinics and Centers
- 3.7.3.3. Other End-Users
- 3.8. Market Attractiveness Analysis: End User
4. Global Orthopedic Bone Cement Market Outlook: Region
- 4.1. Key Highlights
- 4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
- 4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
- 4.4. Market Attractiveness Analysis: Region
5. North America Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 5.1. Key Highlights
- 5.2. Pricing Analysis
- 5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Material
- 5.3.3. By Product Type
- 5.3.4. By End User
- 5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
- 5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 5.5.1. Polymethyl Methacrylate (PMMA)
- 5.5.2. Ceramic
- 5.5.3. Acrylic
- 5.5.4. Other Materials
- 5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 5.6.1. Low Viscosity Cements
- 5.6.2. Medium Viscosity Cements
- 5.6.3. High Viscosity Cements
- 5.6.4. Antibiotic Cements
- 5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 5.7.1. Hospitals
- 5.7.2. Orthopedic Clinics and Centers
- 5.7.3. Other End-Users
- 5.8. Market Attractiveness Analysis
6. Europe Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 6.1. Key Highlights
- 6.2. Pricing Analysis
- 6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Material
- 6.3.3. By Product Type
- 6.3.4. By End User
- 6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
- 6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 6.5.1. Polymethyl Methacrylate (PMMA)
- 6.5.2. Ceramic
- 6.5.3. Acrylic
- 6.5.4. Other Materials
- 6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 6.6.1. Low Viscosity Cements
- 6.6.2. Medium Viscosity Cements
- 6.6.3. High Viscosity Cements
- 6.6.4. Antibiotic Cements
- 6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 6.7.1. Hospitals
- 6.7.2. Orthopedic Clinics and Centers
- 6.7.3. Other End-Users
- 6.8. Market Attractiveness Analysis
7. East Asia Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 7.1. Key Highlights
- 7.2. Pricing Analysis
- 7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Material
- 7.3.3. By Product Type
- 7.3.4. By End User
- 7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
- 7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 7.5.1. Polymethyl Methacrylate (PMMA)
- 7.5.2. Ceramic
- 7.5.3. Acrylic
- 7.5.4. Other Materials
- 7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 7.6.1. Low Viscosity Cements
- 7.6.2. Medium Viscosity Cements
- 7.6.3. High Viscosity Cements
- 7.6.4. Antibiotic Cements
- 7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 7.7.1. Hospitals
- 7.7.2. Orthopedic Clinics and Centers
- 7.7.3. Other End-Users
- 7.8. Market Attractiveness Analysis
8. South Asia & Oceania Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 8.1. Key Highlights
- 8.2. Pricing Analysis
- 8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Material
- 8.3.3. By Product Type
- 8.3.4. By End User
- 8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
- 8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 8.5.1. Polymethyl Methacrylate (PMMA)
- 8.5.2. Ceramic
- 8.5.3. Acrylic
- 8.5.4. Other Materials
- 8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 8.6.1. Low Viscosity Cements
- 8.6.2. Medium Viscosity Cements
- 8.6.3. High Viscosity Cements
- 8.6.4. Antibiotic Cements
- 8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 8.7.1. Hospitals
- 8.7.2. Orthopedic Clinics and Centers
- 8.7.3. Other End-Users
- 8.8. Market Attractiveness Analysis
9. Latin America Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 9.1. Key Highlights
- 9.2. Pricing Analysis
- 9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Material
- 9.3.3. By Product Type
- 9.3.4. By End User
- 9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 9.5.1. Polymethyl Methacrylate (PMMA)
- 9.5.2. Ceramic
- 9.5.3. Acrylic
- 9.5.4. Other Materials
- 9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 9.6.1. Low Viscosity Cements
- 9.6.2. Medium Viscosity Cements
- 9.6.3. High Viscosity Cements
- 9.6.4. Antibiotic Cements
- 9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 9.7.1. Hospitals
- 9.7.2. Orthopedic Clinics and Centers
- 9.7.3. Other End-Users
- 9.8. Market Attractiveness Analysis
10. Middle East & Africa Orthopedic Bone Cement Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 10.1. Key Highlights
- 10.2. Pricing Analysis
- 10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Material
- 10.3.3. By Product Type
- 10.3.4. By End User
- 10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
- 10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 10.5.1. Polymethyl Methacrylate (PMMA)
- 10.5.2. Ceramic
- 10.5.3. Acrylic
- 10.5.4. Other Materials
- 10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 10.6.1. Low Viscosity Cements
- 10.6.2. Medium Viscosity Cements
- 10.6.3. High Viscosity Cements
- 10.6.4. Antibiotic Cements
- 10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 10.7.1. Hospitals
- 10.7.2. Orthopedic Clinics and Centers
- 10.7.3. Other End-Users
- 10.8. Market Attractiveness Analysis
11. Competition Landscape
- 11.1. Market Share Analysis, 2022
- 11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Material Capacity
- 11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Stryker Corporation
- 11.3.1.1. Overview
- 11.3.1.2. Segments and Material
- 11.3.1.3. Key Financials
- 11.3.1.4. Market Developments
- 11.3.1.5. Market Strategy
- 11.3.2. Smith & Nephew
- 11.3.2.1. Overview
- 11.3.2.2. Segments and Material
- 11.3.2.3. Key Financials
- 11.3.2.4. Market Developments
- 11.3.2.5. Market Strategy
- 11.3.3. Johnson & Johnson (Depuy Synthes)
- 11.3.3.1. Overview
- 11.3.3.2. Segments and Material
- 11.3.3.3. Key Financials
- 11.3.3.4. Market Developments
- 11.3.3.5. Market Strategy
- 11.3.4. Zimmer Biomet Holdings Inc.
- 11.3.4.1. Overview
- 11.3.4.2. Segments and Material
- 11.3.4.3. Key Financials
- 11.3.4.4. Market Developments
- 11.3.4.5. Market Strategy
- 11.3.5. Synimed SARL
- 11.3.5.1. Overview
- 11.3.5.2. Segments and Material
- 11.3.5.3. Key Financials
- 11.3.5.4. Market Developments
- 11.3.5.5. Market Strategy
- 11.3.6. Subiton LABORATORIOS SL S.A
- 11.3.6.1. Overview
- 11.3.6.2. Segments and Material
- 11.3.6.3. Key Financials
- 11.3.6.4. Market Developments
- 11.3.6.5. Market Strategy
- 11.3.7. SCANOS
- 11.3.7.1. Overview
- 11.3.7.2. Segments and Material
- 11.3.7.3. Key Financials
- 11.3.7.4. Market Developments
- 11.3.7.5. Market Strategy
- 11.3.8. DJO Global, Inc.
- 11.3.8.1. Overview
- 11.3.8.2. Segments and Material
- 11.3.8.3. Key Financials
- 11.3.8.4. Market Developments
- 11.3.8.5. Market Strategy
- 11.3.9. Arthrex Inc.
- 11.3.9.1. Overview
- 11.3.9.2. Segments and Material
- 11.3.9.3. Key Financials
- 11.3.9.4. Market Developments
- 11.3.9.5. Market Strategy
- 11.3.10. Tecres Spa
- 11.3.10.1. Overview
- 11.3.10.2. Segments and Material
- 11.3.10.3. Key Financials
- 11.3.10.4. Market Developments
- 11.3.10.5. Market Strategy
12. Appendix
- 12.1. Research Methodology
- 12.2. Research Assumptions
- 12.3. Acronyms and Abbreviations