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Bone Cement Industry Is Estimated To Expand at a CAGR of 5.7% by 2032

03-24-2023 02:21 PM CET | Health & Medicine

Press release from: Global Insight Services

Bone Cement Industry Is Estimated To Expand at a CAGR of 5.7%

The bone cement market was valued at USD 1,103 million in 2022 and it is anticipated to grow further till USD 1,920.2 million by 2032, at a CAGR of 5.7% during the forecast period.

New York, Global Bone Cement Market report from Global Insight Services is the single authoritative source of intelligence on Bone Cement Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Get Free Sample Copy of This Report- https://www.globalinsightservices.com/request-sample/GIS10454

Bone cement is used to fix prostheses to the bone in orthopedic musculoskeletal surgical procedures for osteoporosis, osteoarthritis, rheumatoid arthritis, traumatic arthritis, vascular necrosis, severe joint destruction secondary to trauma, collagen disease, and revision of previous arthroplasty procedures.

Major Players in the Global Bone Cement Market

The key players studied in the report are DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, DJO Global, Arthrex, Inc., Tecres, Heraeus Holding, Teknimed, and Osteopoeriss LLC among others.

To know more about Bone Cement Market visit -https://www.globalinsightservices.com/reports/bone-cement-market/

Market Trends and Drivers

According to estimates supplied by the World Health Organization, the worldwide population aged 85 or more will increase by 351% over the next 40 years, placing an increased load on healthcare institutions around the world. According to a study published in the Osteoporosis International Journal, 158 million Americans age 50 or over are at a high risk of suffering a bone fracture. The study also predicted that by 2040, the prevalence would double. A significant market-driving factor for orthopedic bone cement and casting materials has been the growing incidence of osteoporosis worldwide. Forearm fractures are the most common type of fracture and affect 1.7 million persons worldwide. According to the International Osteoporosis Foundation, osteoporosis affects more than 75 million individuals in Europe, the United States, and Japan, and is believed to be the cause of 8.9 million fractures per year. According to projections, the market for orthopaedic bone cement and casting materials will expand significantly as the incidence of bone fractures rises in both developed and developing nations.

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Global Bone Cement Market Segmentation

By Type

Polymethyl Methacrylate (PMMA) Cement
Calcium Phosphate Cement (CPC)
Glass Polyalkenoate Cement (GPC)
By Application

Arthroplasty
Kyphoplasty
Vertebroplasty
By End User

Hospitals
Ambulatory Surgery Centers
Clinics
By Region

North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Rest of Europe
The Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific

Purchase This Market Research Report -https://www.globalinsightservices.com/checkout/single_user/GIS10454

With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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