Overview

Orthopedic Bone Cement Market Overview:

Polymethylmethacrylate, or commonly known as bone cement, is primarily used for fixing implants in various dental, orthopaedic and trauma surgeries. There is an absence of intrinsic adhesive properties, however, it relies closely on the interlocking between the prosthesis and the irregular bone surface which is mechanical. Bone cement is commercially available as Glass Polyalkenoate (ionomer) cement (GPC) and Calcium Phosphate Cement (CPC). CPC is biocompatible and bioabsorbable and is primarily used in maxillofacial and cranial surgeries due to its low mechanical strength. There has evolution in the usage of bone cement over the past century. In order to prevent adverse effects that are associated with its surgical use, research and development is extensively performed so that such situations like these don’t occur in the future.

Bone cement is paramount importance in joint replacement surgeries and it is a golden standard for better management. It is fuelled by the rising prevalence of arthritis and osteoporosis among the geriatric population. According to the Arthritis Foundation, arthritis affects 54 million of America and it is the leading cause of disability. It is estimated that arthritis is going to affect 78 million by 2040 in the US. Because of the rising burden, the healthcare system is more focused on joint replacements. Along with this, rising awareness of prosthesis is expected to boost growth. Orthopedic prosthesis is one of the best methods for arthritis management compared to pharmacological therapies and it is proven effective over the alternative methods. Further, the increasing importance of quality of life and life expectancy led to the robust growth of the market.

The Asia Pacific is a major shareholder in the global market due to the high adoption of bone cement and high prevalence among the general population. It is majorly dominated China and India due to large group patient population. The Asia Pacific is majorly dominated by domestic manufacturers. It is followed by North America and Europe regions due to high dollar opportunity. They are expected to remain the same throughout the forecast period. Latin America represented a fast growing region in the global population due to high prevalence. Rest of World represented as a second fast growing region and expected to gain more traction during the forecast period.

Major players included in the Orthopedic Bone Cement Market:
• Stryker Corporation
• DJO Global
• Smith & Nephew
• Teknimed
• Zimmer Biomet
• Synimed
• Depuy Synthes
• Exactech
• Groupe Lepine
• Elite Surgical
(Note: The list of the major players will be updated with the latest market scenario and trends)

Orthopedic Bone Cement Market Segmentation:

By Product Type

Low Viscosity Cements
Medium Viscosity Cements
High Viscosity Cements
Antibiotic Cements

By End User

Hospitals
Orthopedic Clinics
Outpatient Centres

By Region

North America
Latin America
Europe
Asia Pacific
Rest of the World

Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the global Orthopedic Bone Cement Market by Product Type, by End-User, and by Region

• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies