Bone Cement Market 2020: Impact of COVID-19 Research Report On DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, DJO Global, Arthrex, Tecres SpA, Heraeus Holding, and Teknimed, OsteoRemedies, among others.

The Insight Partners analysts forecasts the latest report on “Global Bone Cement Market (Covid-19) Impact and Analysis by 2025”, according to report; The Bone Cement Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Bone Cement Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Bone Cement Market.

The global bone cement market accounted to US$ 927.3 Mn in 2017 and is expected to grow at a CAGR of 5.4% during the forecast period 2018 - 2025, to account to US$ 1,414.1 Mn by 2025.

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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Bone Cement Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2025, factoring the impact of Covid -19 Situation.

Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology

The reports cover key developments in the Bone Cement Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

Some of the Major Market Players Are:

DePuy Synthes
Zimmer Biomet
Stryker
Smith & Nephew
DJO Global
Arthrex, Inc.
Tecres
Heraeus Holding,
Teknimed
Osteopoeriss LLC.

MARKET SEGMENTATION

By Type

• Polymethyl Methacrylate (PMMA) Cement
• Calcium Phosphate Cement (CPC)
• Glass Polyalkenoate Cement (GPC)
• Others

By Application

• Arthroplasty
• Kyphoplasty
• Vertebroplasty

By End User

• Hospitals
• Ambulatory Surgery Centers
• Clinics

The report analyses factors affecting the Bone Cement Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Bone Cement Market in these regions.

Moreover, the report entails the estimate and analysis for the Bone Cement Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Bone Cement Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Bone Cement Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2025 with respect to five major regions. The Bone Cement Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Bone Cement Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Market Insights

Increasing Prevalence of Osteoporosis

Osteoporosis is a medical condition, characterized by low bone density along with deterioration of bone tissue. Osteoporosis increases the risk of fractures. On an average, osteoporosis causes more than 8.9 million fractures worldwide, i.e. an osteoporotic fracture every 3 seconds. Osteoporosis is said to be a global problem being experienced by around 10 million adults. The cases of osteoporosis has been increasing rapidly in the young as well as the aged population. The ratio between male and female is 1:4. According to a survey conducted by International Osteoporosis Foundation, around 15-30% male and 30-50% females are at a risk of suffering from osteoporotic fracture during their lifetime. Thus, this is a rising factor for the growth of market.

Research and Development Activities for Product Innovation

Bone Cement is being used for in arthroplasty procedures for over four decades for the purpose of total joint replacement prosthesis to periprosthetic bone. Injectable form of bone cement is being used for various applications in vertebroplasty. However, factors such as porosity, viscosity, radiopacifiers, sterilization, biocompatibility and presence of antibiotic additives and mixing methods are known to affect the clinical performance of bone cements. Adverse effects of bone cement such as, cardiopulmonary complications, hypersensitivity to components such as benzoyl peroxide and presence of methylmethacrylate prove to be a major drawback to the use of bone cements. Thus, owing to these factors the market is likely to create growth opportunities in the forecast period.

Product Insights

The global bone cement market by type was led by polymethyl methacrylate (PMMA) cement segment. In 2017, the polymethyl methacrylate (PMMA) cement segment held a largest market share of 47.1% of the bone cement market, by type. The polymethyl methacrylate (PMMA) cement segment is expected to dominate the market in 2025 owing to extensive use of PMMA in various orthopedic procedures such as arthroplasty, kyphoplasty, and verteboplasty.

Application Insights

The bone cement market by application was segmented into broplasty, arthroplasty, and kyphoplasty. The arthroplasty segment held the largest share of the market, by applicatin. The arthoplasty is likely to dominate in the forecast period owing to the increasing numbers of the procedures among which procedures for hip and knees are performed majorly.

End User Insights

The bone cement market by end user is segmented into hospitals and ambulatory surgical centers. The hospitals & clinics segment is anticipated to grow at a CAGR of 5.1% during the forecast period. The segment is expected to drive market due to the advanced treatments offered by the hospitals and clinics are the first aid providers to the patients.

Strategic Insights

Approvals and agreements were observed as the most adopted strategy in global bone cement industry. Few of the recent product launch and collaboration and others are listed below;

2018: In January, 2018, Heraeus Medical made bone cement direct available in the United States. This move provides an opportunity for the surgeons in US to offer better service to the patients.

2018: In February, 2018, Heraeus Medical introduced innovations to its existing PALACOS product portfolio. The innovation includes, medium viscosity bone cement PALACOS MV variations, along with two mixing systems, PALAMIX and PALABOWL. The enhancement of product has helped the company to strengthen its product offering.

Major Features of Bone Cement Market Report:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Bone Cement market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global Bone Cement market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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