What Has Been the Progress and Growth of the Orthopedic Bone Cement Market in Recent Years?
The orthopedic bone cement market has seen considerable growth due to a variety of factors.
• The market for orthopedic bone cement has witnessed substantial growth recently, and is projected to expand from $0.98 billion in 2024 to $1.05 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 6.4%.
Several factors can be identified as driving forces behind the historical growth of this market, including an aging society, an upsurge in osteoporosis cases, a rise in joint disorder occurrences, escalating healthcare spending, enhanced awareness, and improved access to healthcare.
How Does the Forecast Look for the Orthopedic Bone Cement Market?
The orthopedic bone cement market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of orthopedic bone cement is expected to undergo substantial growth in the coming years. By 2029, it's projected to reach $1.33 billion, with a compound annual growth rate (CAGR) of 6.1%.
The growth during this forecast period can be credited to the increasing demand for minimally invasive procedures, the rising instances of orthopedic disorders, the augmentation of orthopedic surgery centers, increased investment in healthcare infrastructure, and a surge in high-impact sports and activities. Some leading trends during this forecast period are technological breakthroughs, advancements in bone cement technology, development in biodegradable and bioactive cements, the use of antibiotic-infused cements, and the evolution of intelligent bone cements.
What Are The Leading Drivers Of Growth In The Orthopedic Bone Cement Market?
The escalating number of accidents and injuries is anticipated to boost the expansion of the orthopedic bone cement market in the future. This increase is driven by aspects such as elevated traffic levels, increased high-risk activities, inattentive driving, and insufficient safety precautions. Orthopedic bone cement is applied in injury treatment to anchor implants and aid in the mending of broken bones and harmed joints, guaranteeing stability and encouraging recovery. For example, in April 2024, as per the report by the National Highway Traffic Safety Administration (NHTSA), a U.S. government body tasked with ensuring road safety, approximately 2.38 million individuals suffered injuries in motor vehicle accidents in 2022, as compared to 2.28 million in 2021. Hence, the escalating number of accidents and injuries is expected to contribute to the orthopedic bone cement market's growth.
How Are The Segments Defined Within The Global Orthopedic Bone Cement Market?
The orthopedic bone cementmarket covered in this report is segmented –
1) By Type: Low Viscosity Cements, Medium Viscosity Cements, High Viscosity Cements
2) By Material: Polymethyl Methacrylate (PMMA), Ceramic, Acrylic, Other Materials
3) By End Users: Hospitals, Orthopedic Clinics And Centers, Other End-Users
Subsegments:
1) By Low Viscosity Cements: Single Phase, Two Phase
2) By Medium Viscosity Cements: Hand-Mixed, Pre-Mixed
3) By High Viscosity Cements: Self-Mixed, Pre-Mixed in Syringes/Cartridges
Pre-Book The Orthopedic Bone Cement Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Orthopedic Bone Cement Market?
Leading entities in the orthopedic bone cement market like Biocomposites Ltd., are concentrating on creating ground-breaking products such as antibiotic-loaded spacers. These innovations are aimed at improving infection control in joint replacement operations, consequently enhancing patient results. Antibiotic-loaded spacers, temporary implants in orthopedic surgeries, are particularly useful in addressing infected joint prostheses like those of the hip and knee. They are typically prepared from PMMA mixed with antibiotics. For example, in November 2023, Biocomposites Ltd., introduced the SYNICEM hip, knee, and shoulder performed spacers that have proven efficient in joint surgeries. These preformed, antibiotic-rich spacers overcome the shortcomings of the conventional hand-made and intra-operative molded spacers while supporting surgeons during hip, knee, and shoulder revisions by preserving joint space and treating infections efficiently. With careful design for structural integrity and consistent performance, SYNICEM spacers also provide a high local concentration of gentamicin. Moreover, they offer versatile and time-efficient solutions for surgeons during surgeries. The company specializes in bone cement and polymer-based products, leveraging its unique core polymer production and in-house formulation methods.
Who Are the Key Players In The Orthopedic Bone Cement Market?
Major companies operating in the orthopedic bone cement market are:
• Johnson & Johnson Services Inc.
• 3M Company
• Medtronic plc
• Stryker Corporation
• B. Braun Melsungen AG
• Zimmer Biomet Holdings Inc.
• Smith & Nephew plc
• Arthrex Inc.
• Cook Medical LLC
• Enovis Corporation
• Globus Medical Inc.
• Wright Medical Group N.V.
• Medacta International SA
• Orthofix Medical Inc.
• ATEC Spine Inc.
• Exactech Inc.
• Spine Wave Inc.
• Tecres S.p.A.
• Somatex Medical Technologies GmbH
• Heraeus Medical GmbH
• DJO Global Inc.
• TEKNIMED SAS
• G-21 SRL
• Kyeron Medical Innovations Inc.
• Graftys SA
What Is The Most Dominant Region In The Orthopedic Bone Cement Market?
North America was the largest region in the orthopedic bone cement market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orthopedic bone cement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
