Orthopedic Bone Cement Market

Orthopedic Bone Cement Market Size, Share, Growth Analysis, By End-use(Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics), By Regional(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35B2098 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Orthopedic Bone Cement Market Insights

Market Overview:

The global orthopedic bone cement market size was valued at USD 692.8 million in 2016. The demand for orthopedic bone cement is expected to increase due to a rise in the number of joint replacement surgeries, driven by an aging population and an increase in trauma cases. This presents a favorable opportunity for manufacturers of orthopedic bone cement worldwide. Moreover, the market is projected to be further reinforced by the introduction of new products and the consolidation of the industry. For example, Zimmer Holdings, Inc. completed the acquisition of Biomet in June 2015, which is expected to enhance revenue consolidation and strengthen the company's distribution channel.

Orthopedic Bone Cement Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Orthopedic Bone Cement was estimated to be valued at US$ XX Mn in 2021.

The Orthopedic Bone Cement Market is estimated to grow at a CAGR of XX% by 2028.

The Orthopedic Bone Cement Market is segmented on the basis of End-use, Regional.

Based on region, the Orthopedic Bone Cement Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Orthopedic Bone Cement Market are with an established distribution channel. Favorable reimbursement policies for orthopedic surgical procedures in the U.S. are another factor responsible for the dominance of the U.S., Asia Pacific market is expected to be the fastest-growing region in the coming few years. This region is anticipated to exhibit enormous growth due to growing medical tourism, increasing per capita income, surging healthcare spending by the government, and raising awareness. China's orthopedic bone cement market is anticipated to be the fastest-growing in the Asia Pacific region., Europe region is anticipated to follow the Asia Pacific region with a CAGR of 5.5% between 2017 and 2025. Growing patient pool due to medical tourism and a strong distribution network of the manufacturers is expected to drive growth in Europe. Favorable healthcare policies can also be attributed to the growing demand over the forecast period., Orthopedic Bone Cement Market Share Insights, The market is highly competitive and fairly concentrated, with few top companies accounting for the maximum share of the market in 2016. , Growing investments in R&D activities and expanding applications are expected to be key parameters for maintaining a competitive edge, with frequent partnerships being undertaken as an attempt to diversify end-use portfolios and gain market share., KEY MARKET SEGMENTS , By End-use , Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics, By Regional , North America, Europe, Asia Pacific, Latin America, Middle East & Africa, KEY PLAYERS, Stryker Corporation, Zimmer Biomet, DePuy Synthes, Smith & Nephew, Inc..

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Orthopedic Bone Cement Market

Report ID: UCMIG35B2098

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