The bone cement market size was estimated at $716.9 million in 2021
LONDON, July 07, 2022 (GLOBE NEWSWIRE) -- The “Bone Cement Market Size (Value, Volume, ASP) by Segments, Share, Trend and SWOT Analysis, Regulatory and Reimbursement Landscape, Procedures, and Forecast, 2015-2030” report offered by GlobalData Plc discusses in detail the impact of COVID-19 on bone cement devices market for the year 2020 and beyond through robust methodologies and sources. The bone cement market estimates were built considering the usage of bone cement in joint reconstruction and trauma fixation procedures.
Cemented knee replacement is widely acknowledged as the gold-standard total knee replacement procedure globally. Despite growing interest in cementless and hybrid designs, GlobalData expects the use of bone cement in knee replacement procedures will remain the standard through the forecast period.
To know more about bone cement market sizing and forecast, download a sample report
Bone Cement Market Trends
Increased prevalence of osteoarthritis (OA), rheumatoid arthritis (RA), and osteoporosis, and growing fracture incidence are contributing to an increased need for bone cement globally. A growing global trend of health consciousness also increases the incidence of fracture, triggered by increased physical activity, recreational sports, and exercise. Additionally, the rise of osteoporosis and OA leads to more fractures. Finally, data show that a considerable number of falls are by individuals over the age of 65, a population that is increasing in most markets, leading to increased primary and revision hip replacement procedures. Bone cement trends are dependent on trends in hip replacement, knee replacement, and trauma fixation procedures.
Impact of COVID-19 on Bone Cement Market
The bone cement market has been affected severely due to the rapid increase of COVID-19 cases. COVID-19 has led to a significant decrease of elective procedures, resulting in huge revenue loss for the industry in the first half of the year. However, the market starts recovering gradually in the second half of the year, with a shift in the numbers of elective surgeries performed in ambulatory surgery centers in some countries.
Bone Cement Market Segment Analysis
Antibiotic Bone Cement
Nonantibiotic Bone Cement
Bone Cement Market Share, by Segment
Download a sample report for detailed segment insights on the bone cement market
Bone Cement Market Analysis by Region
Middle East and Africa
Central and South America
Bone Cement Market Share, by Region
Download a sample report for detailed regional insights on the bone cement market
Leading Companies in the Bone Cement Market
Zimmer Biomet Holdings Inc
Johnson & Johnson
Heraeus Holding GmbH
Bone Cement Market Share, by Leading Companies
To know more about leading bone cement companies, download a sample report
Bone Cement Market Report Scope
This market model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for:
CMO executives who must have deep understanding of the bone cement marketplace to make strategic planning and investment decisions.
Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
Understand the impact of COVID-19 on bone cement market.
Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
Develop business strategies by understanding the trends shaping and driving bone cement market.
Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the bone cement market in the future.
Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
Track device sales in the global and country-specific bone cement market from 2015-2030.
Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Synthetic Bone Graft Substitutes Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies, 2022 Update – Click here
Shoulder Replacement Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies, 2022 Update – Click here
Cannulated Screws Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies, 2022 Update – Click here
Upper Extremity Prosthetics Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies,2022 Update – Click here
Spinal Fusion Devices Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies, 2021 – Click here
Bone Cement Market Overview
Market Size 2021
Antibiotic Bone Cement and Nonantibiotic Bone Cement
Asia Pacific, Europe, Middle East and Africa, North America, and Central and South America
United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile
Stryker Corp, Zimmer Biomet Holdings Inc, Johnson & Johnson, Heraeus Holding GmbH, Colflax Corp, Tecres SPA, and Others
What was the bone cement market size in 2021?
The bone cement market size was estimated at $716.9 million in 2021.
What are the key segments in the bone cement market?
The key segments in the bone cement market are antibiotic bone cement, and nonantibiotic bone cement.
What are the key regions in the bone cement market?
The key regions in the bone cement market are Asia Pacific, Europe, Middle East and Africa, North America, and Central and South America.
Which are the leading companies in the bone cement market?
Some of the leading companies in the bone cement market are Stryker Corp, Zimmer Biomet Holdings Inc, Johnson & Johnson, Heraeus Holding GmbH, Colflax Corp, Tecres SPA, and others.
GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. In an increasingly fast-moving, complex, and uncertain world, it has never been harder for organizations and decision makers to predict and navigate the future. This is why GlobalData's mission is to help our clients to decode the future and profit from faster, more informed decisions. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our solutions are designed to provide a daily edge to professionals within corporations, financial institutions, professional services, and government agencies.
Head of PR EMEA
+44 (0)207 936 6400