The global Bone Cement market was valued at US$ 627.1 million in 2020 and is expected to reach US$ 964.9 million by the end of 2027, growing at a CAGR of 6.3% during 2021-2027.
Bone cement, also known as polymethylmethacrylate (PMMA) bone cement, is a self-curing. It provides elasticity by filling the space between prosthesis and the bone. It is a substance used in hip replacement surgery that acts as an adhesive to hold the artificial hip in place. It either comes in a pre-mixed form or as powders and liquids that are mixed in the operating room during surgery. Bone cements are utilized to reinforce stability in bones during an internal fixation surgery. It is also an essential component in many total joint arthroplasty procedures. In a cemented arthroplasty, the main functions of the cement are to immobilize the implant, transfer body weight and service loads from the prosthesis to the bone, and increase the load-carrying capacity of the prosthesis-bone cement-bone system.
Global Bone Cement key players include Stryker, Johnson & Johnson, Heraeus Medical, Smith & Nephew, B. Braun Melsungen AG, etc. Global top five manufacturers hold a share about 50%.
Americas is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Low Viscosity Cements is the largest segment, with a share about 60%. And in terms of application, the largest application is Joint, followed by Vertebral.
Global Bone Cement Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Bone Cement Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Stryker, Johnson & Johnson, Heraeus Medical, Smith & Nephew, B. Braun Melsungen AG, Medtronic, Alphatec Spine, Djo Global, Tecres, Merit Medical, Somatex Medical Technologies, Medacta International, Cook Medical, Teknimed, G-21, Hoya, Shanghai Rebone, Osartis Gmbh, Izi Medical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-bone-cement-market-outlook s
Segment by Type
- Low Viscosity Cements
- Medium Viscosity Cements
- High Viscosity Cements
Segment by Application
Table of Content:
1 Bone Cement Market Overview
2 Bone Cement Market Competition by Manufacturers
3 Bone Cement Retrospective Market Scenario by Region
4 Global Bone Cement Historic Market Analysis by Type
5 Global Bone Cement Historic Market Analysis by Application
6 Key Companies Profiled
7 Bone Cement Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Bone Cement Market Dynamics
10 Global Bone Cement Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta