Bone cement market size to increase by USD 449.08 million: Analysis of major players as well as the key contributor region - Technavio
North America will account for 42% of the market growth of the global bone cement market
NEW YORK, Jan. 30, 2023 /PRNewswire/ -- North America is accounted for a major share of 42% of the global bone cement market, with the US being the major revenue contributor. The high share of the market is due to the widespread adoption of minimally invasive techniques such as joint reconstruction, fusion procedures, and fractures. The market is also driven by the growing prevalence of orthopedic disorders and the increased number of orthopedic-related surgeries. Considering the increase in the number of patients, well-established companies from the region focus on the development of highly biocompatible bone cement. Moreover, most leading vendors have set their headquarters in the US, which helps them focus and market their products in this region. To know more, Download a PDF sample report
The bone cement market by product, end-user, and geography - forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to decelerate at a CAGR of 5.31% and register an incremental growth of USD 449.08 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.
Company profiles
The bone cement market report includes information on the key products and recent developments of leading vendors, including:
AAP Implantate AG: The company offers bone cement such as OsteoCem bone cement.
Exactech Inc.: The company offers bone cement such as Cemex bone cement.
G21 Srl: The company offers bone cement such as G1 and G3 radiopaque bone cements.
Johnson and Johnson: The company offers bone cement such as Vertecem II bone cement.
Kyeron
Medacta International SA
Medtronic Plc
Merit Medical Systems Inc.
Olympus Corp.
To gain access to more vendor profiles available with Technavio, buy the report!
Market dynamics
The growth of the market depends on serval factors, including the growing prevalence of orthopedic disorders due to the rise in trauma cases, the growing adoption of minimally invasive techniques, and the increasing use of bone cement in interventional procedures. However, high entry barriers for new players are hindering market growth.
Competitive analysis
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample
Market Segmentation
Based on product, the market is segmented into antibiotic-loaded bone cement and non-antibiotic-loaded bone cement. The antibiotic-loaded bone cement segment accounted for the largest share of the market in 2022.
Based on geography, the market is segmented into North America, Europe, Asia, and Rest of World. North America held the largest share of the market in 2022.
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What are the key data covered in this Bone cement market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the bone cement market between 2023 and 2027
Precise estimation of the bone cement market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the industry across North America, Europe, Asia, and Rest of World (ROW).
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of bone cement market vendors
Bone cement market Scope
Report Coverage
Details
Page number
158
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Decelerate at a CAGR of 5.31%
Market growth 2023-2027
USD 449.08 million
Market structure
Fragmented
YoY growth 2022-2023(%)
5.23
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 42%
Key countries
US, Canada, Germany, UK, and Japan
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
aap Implantate AG, Alphatec Holdings Inc., Colfax Corp., EVOLUTIS SAS, Exactech Inc., G21 Srl, Globus Medical Inc., Heraeus Holding GmbH, Johnson and Johnson, Kyeron, Medacta International SA, Medtronic Plc, Merit Medical Systems Inc., Olympus Corp., Smith and Nephew plc, Stryker Corp., Synimed Synergie Ingenierie Medicale SARL, Tecres Spa, TEKNIMED, and Zimmer Biomet Holdings Inc.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Table of contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product
Exhibit 06: Executive Summary ? Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary ? Chart on Incremental Growth
Exhibit 08: Executive Summary ? Data Table on Incremental Growth
Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global bone cement market 2017 - 2021
Exhibit 18: Historic Market Size ? Data Table on Global bone cement market 2017 - 2021 ($ million)
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources
13.5 List of abbreviations
Exhibit 172: List of abbreviations
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