Home Markets Bone cement market size to increase by USD 449.08 million: Analysis of major players as well as the key contributor region

Bone cement market size to increase by USD 449.08 million: Analysis of major players as well as the key contributor region

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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

Technavio has announced its latest market research report titled Global Bone Cement Market 2023-2027

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

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Global Bone Cement Market 2023-2027

Global Bone Cement Market 2023-2027

Cision

Cision

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SOURCE Technavio

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