The report “Bone Cement and Glue Market by Type (PMMA, Calcium Phosphate, Natural, Synthetic), Application (Arthroplasty (Total Knee, Hip, Shoulder), Kyphoplasty, Vertebroplasty), End User (Hospitals, Clinics, Ambulatory Surgery Centers) – Global Forecast to 2022″, the bone cement market is expected to reach USD 1,322.6 Million, at a CAGR of 5.9%
The Factors driving the growth of this market include growing geraitic population, increasing incidence of sports injuries, rising number of road accidents, and increasing developments in the regenerative medicines field.
The objectives of this study are as follows:
To define, describe, segment, and forecast the market by type, application, end user, and region
To identify micro-markets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market
To strategically analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market.
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Bone cement is estimated to account for the largest market share
On the basis of type, Classified into bone cement and bone glue. The bone cement segment is expected to lead the global bone cement and glue market in 2017. Factors driving the growth of this segment include rising incidence of osteoporosis and increasing number of arthroplasty procedures across the globe.
The arthroplasty segment is estimated to dominate the market
By application, the market is segmented into arthroplasty, kyphoplasty, vertebroplasty, and other applications. The arthroplasty segment is anticipated to account for the largest share of the global bone cement and glue market in 2017. The large share of this segment can be attributed to the increasing number of knee, hip, and shoulder injuries.
The hospital segment is estimated to command the largest share of the market during the forecast period
On the basis of end user, Categorized into hospitals, ambulatory surgery centers (ASCs), and clinics/physician offices. The hospitals segment is estimated to account for the largest share of the global bone glue market. The heavy burden of orthopaedic medical conditions (which requires implants for their management) and increasing number of hospitals are the key factors driving the growth of this end-user segment.
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Geographically; the bone cement market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is estimated to dominate the market in 2017. This is attributed to factors such as the increasing incidence of sports injuries, growing geriatric population, and improved healthcare infrastructure in the region.
Key players in the bone cement and glue market include Stryker (US), Zimmer Biomet (US), DePuy Synthes (US), Smith & Nephew (UK), Arthrex (US), DJO Global (US), Exactech (US), TEKNIMED (France), Heraeus Medical (Germany), CryoLife (US), Cardinal Health (US), and Trimph (Australia).