Global Bone Cement & Glue Market Size By Product Type, By Application, By End User, By Geographic Scope And Forecast
Report ID: 28010|No. of Pages: 202
Global Bone Cement & Glue Market Size By Product Type, By Application, By End User, By Geographic Scope And Forecast
Bone Cement & Glue Market Size And Forecast
Bone Cement & Glue Market size was valued at USD 1116.33 Million in 2023 and is projected to reach USD 1726.25 Million by 2031, growing at a CAGR of 5.60% during the forecast period 2024-2031.
Bone Cement & Glue Market Drivers
The market drivers for the Bone Cement & Glue Market can be influenced by various factors. These may include:
- Ageing Population: As the world’s population ages, orthopaedic disorders like osteoporosis and arthritis become more common. This increases the need for bone cement adhesive for procedures like spinal surgery and joint replacements.
- Growing Incidence of Orthopaedic Disorders: Sedentary lifestyles, sports injuries, and accidents are some of the factors contributing to the rising global incidence of orthopaedic disorders, which includes fractures and musculoskeletal injuries. This increases demand for bone cement glue, which is used in fracture fixation and bone reconstruction.
- Technological Developments: The creation of antibiotic-loaded bone cements and less invasive delivery methods, among other developments in bone cement glue compositions and delivery systems, are broadening the uses for the product and propelling its growth in the market.
- Growing Number of Surgical Procedures: As more and more orthopaedic surgeries, like total knee arthroplasty (TKA), total hip arthroplasty (THA), and spinal fusion surgeries, are performed, the need for bone cement glue is increasing. This is because bone cement glue is frequently used to stabilise fractures and anchor prosthetic implants during these procedures.
- Increasing Healthcare spending: The demand for bone cement glue is being driven by the increased accessibility to modern orthopaedic treatments and procedures, which is made possible by the rising healthcare spending, particularly in emerging economies.
- Support from Regulations: Strict regulations that control the quality and safety of medical equipment, such as bone cement glue, are encouraging innovation and guaranteeing the dependability and effectiveness of the products, which is supporting market expansion.
- Growing Education and Awareness: The use of bone cement glue in orthopaedic treatments is being aided by growing patient and professional knowledge of the material’s advantages in terms of bettering surgical results, lowering post-operative problems, and increasing patient mobility.
Bone Cement & Glue Market Restraints
Several factors can act as restraints or challenges for the Bone Cement & Glue Market. These may include:
- Regulatory Compliance: Tight approval procedures for medical materials and devices by the government might impede the release of new goods onto the market.
- Limited Awareness: The adoption of bone cement glue may be hindered by patients’ and healthcare providers’ ignorance of the advantages of this treatment over alternative or conventional approaches.
- High expense: Some patients or healthcare facilities may find the expense of bone cement glue procedures—which include both the product and the surgical process—to be excessive, especially in areas with tight healthcare budgets.
- Risks and consequences: Using bone cement adhesive entails some risks and potential consequences, similar to any medical procedure. These include allergic reactions, infections, and poor bonding, which may discourage surgeons and patients from using this treatment.
- scientific Challenges: The necessity for increased biocompatibility, strength, and convenience of use may limit scientific advancements in bone cement glue technology.
- Competition: Market expansion may be hampered by competition from other therapies, such as orthopaedic implants or bone transplants, especially if the former are thought to be more successful or economical.
- Economic Factors: Patients and healthcare providers may prioritise necessary treatments over elective ones, which may affect the demand for elective procedures like those requiring bone cement glue during economic downturns or changes in healthcare spending.
- Ethical Concerns: Patients’ and doctors’ opinions regarding bone cement glue may be influenced by ethical issues, such as the origin of materials or the long-term effects of foreign chemicals in the body.
- Limited Clinical Evidence: The lack of clinical evidence supporting bone cement glue’s long-term safety and efficacy in comparison to other therapies may prevent healthcare professionals from widely utilising it.
- Surgical experience: The proper administration of bone cement glue may require specialised surgical skills, which could restrict its accessibility, especially in areas lacking in highly skilled orthopaedic surgeons or modern healthcare facilities.
Bone Cement & Glue Market Segmentation Analysis
The Global Bone Cement & Glue Market is Segmented on the basis of Product Type, Application, End User, and Geography.
Bone Cement & Glue Market, By Product Type
- Polymethyl Methacrylate (PMMA) Cement
- Calcium Phosphate Cement (CPC)
- Glass Polyalkenoate Cement (GPC)
- Others
Based on Product Type, the market is bifurcated into Polymethyl Methacrylate (PMMA) Cement, Calcium Phosphate Cement (CPC), Glass Polyalkenoate Cement (GPC), Others.
Bone Cement & Glue Market, By Application
- Arthroplasty (Hip, Knee, Shoulder, etc.)
- Vertebroplasty
- Kyphoplasty
- Others (including dental applications and minor bone fractures)
Based on Application, the market is bifurcated into Arthroplasty (Hip, Knee, Shoulder, etc.), Vertebroplasty, Kyphoplasty, Others (including dental applications and minor bone fractures).
Bone Cement & Glue Market, By End User
- Ambulatory Surgical Centers
- Hospitals
- Clinics
- Others (including specialty orthopedic and trauma centers)
Based on End User, the market is bifurcated into Hospitals, Ambulatory Surgical Centers, Clinics, Others (including specialty orthopedic and trauma centers).
Bone Cement & Glue Market, By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Based on End User, the market is bifurcated into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
Key Players
The major players in the Bone Cement & Glue Market are
- Zimmer Biomet
- Smith & Nephew
- Stryker
- Exactech
- DePuy Synthes
- Arthrex
- Trimph
- Heraeus Medical
- DJO Global
- CryoLife
- Medtronic (Ireland)
- Globus Medical (US)
- Heraeus Holding (Germany)
- Exactech, Inc. (US)
- Teknimed
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2017-2028 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | Zimmer Biomet, Smith & Nephew, Stryker, Exactech, DePuy Synthes, Arthrex, Trimph, Heraeus Medical, DJO Global. |
| SEGMENTS COVERED | By Product Type, By Application, By End User, and, By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Frequently Asked Questions
1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology
2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights
3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter’s Five Forces Analysis
4. Bone Cement & Glue Market, By Product Type
• Polymethyl Methacrylate (PMMA) Cement
• Calcium Phosphate Cement (CPC)
• Glass Polyalkenoate Cement (GPC)
• Others
5. Bone Cement & Glue Market, By Application
• Arthroplasty (Hip, Knee, Shoulder, etc.)
• Vertebroplasty
• Kyphoplasty
• Others (including dental applications and minor bone fractures)
6. Bone Cement & Glue Market, By End User
• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others (including specialty orthopedic and trauma centers)
7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE
8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market
9. Competitive Landscape
· Key Players
· Market Share Analysis
10. Company Profiles
•Zimmer Biomet
•Smith & Nephew
•Stryker
•Exactech
•DePuy Synthes
•Arthrex
•Trimph
•Heraeus Medical
•DJO Global
•CryoLife.
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and Reference
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Industry Analysis Matrix
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