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Orthopedic Bone Cement Market Report Analysis, Research Studies | DePuy Synthesis, DJO Global & Stryker Corporation.

09-03-2024 07:17 AM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

Orthopedic Bone Cement|| 2024-2031

Orthopedic Bone Cement|| 2024-2031

The Orthopedic Bone Cement Market is projected to grow at a CAGR of 5.9% during the forecast period from 2024 to 2031.

Orthopedic bone cement is primarily used to anchor artificial joints, such as hip, knee, shoulder, and elbow joints, by filling the space between bones, serving as an elastic zone. Made from polymethyl methacrylate (PMMA), bone cement lacks inherent adhesive properties and relies on the interlocking between the prosthesis and the bone's irregular surface. Available commercially as Glass Polyalkenoate Cement (GPC) and Calcium Phosphate Cement (CPC), its market growth is driven by factors such as a rising geriatric population, increasing R&D expenditures, and opportunities in emerging markets. However, side effects associated with bone cement may hamper market growth during the forecast period.

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Market Dynamics:

Rising geriatric population worldwide drives market growth of orthopedic bone cements market

The global geriatric population is rapidly increasing, significantly impacting healthcare and related industries. In the United States, the aging population has been rising, with 16.9% of the population aged 65 or older in 2020, a figure projected to reach 22% by 2050. Additionally, the U.S. birth rate has been declining over the past two decades, contributing to an aging demographic, particularly in states like California and Florida. According to the World Health Organization, by 2030, 1 in 6 people worldwide will be aged 60 years or older, with the global population of those aged 60 and above expected to grow from 1 billion in 2020 to 1.4 billion. By 2050, the number of individuals aged 80 and above is anticipated to triple, reaching 426 million.

Segment Covered in the Orthopedic Bone Cement Market:

By Material: Polymethyl-methacrylate (PMMA), Cement, Acrylic, Others.

By Application: Arthroplasty, Kyphoplasty, Veteroplasty, Dental Implants.

By End User: Hospital & Clinics, Ambulatory Surgical Centers.

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Major Key players involved in Orthopedic Bone Cement Market:

• DePuy Synthesis
• Cook Medical
• DJO Global
• Stryker Corporation
• Smith & Nephew
• Kingyork Group
• Subiton LABORATORIOS SL S.A
• SCANOS
• Zimmer Biomet Holdings Inc
• Teknimed SA

Regional Analysis:

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Light Therapy Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Human Liver Models Market: https://datamintelligence.com/research-report/human-liver-models-market
Silicone Pin Mat Market: https://datamintelligence.com/research-report/silicone-pin-mat-market

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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