Increasing number of orthopedic surgeries is driving the market for bone cement over the forecast period.
The global bone cement market is a mature market in the developing countries as well as in developing economies worldwide. Increasing prevalence of osteoporosis, growing demand for arthroplasty procedures, and rapid growth in the geriatric population are
(EMAILWIRE.COM, October 13, 2018 ) The incidences of osteoporosis has been increased significantly in the young as well as the aged population. For instance, 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. This is expected to drive the growth bone cement worldwide.
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According to a new market research study titled Bone Cement Market to 2025 Global Analysis and Forecasts by Type, Application and End User, the global bone cement market was valued at US$ 927.3 Mn in 2017 and is estimated to reach US$ 1414.1 Mn by 2025. The report highlights the trends prevalent in the global bone cement market and the factors driving the market along with those that act as deterrents to its growth.
The market for bone cement is well established in the North American region, owing to the rising number of orthopedic surgeries and advancement in the technological developments of bone cements. In addition, the prominent players in the market are primarily focusing on expanding their customer base in North America. However, in Asia Pacific, India is expected to be the fastest growing market due to the rising popularity of medical tourism for orthopedic procedures and the availability of skilled medical professionals. Moreover, increasing geriatric population in this country associated with the increasing surgical procedure for joint replacements is expected to enhance the market growth in the coming years. Around 70,000 knee and hip replacement procedures are being performed every year in India.
The key players operating in the bone cement market worldwide include DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, DJO Global, Arthrex, Inc., Tecres SpA, Heraeus Holding, and Teknimed, OsteoRemedies, LLC among others.
The report segments the global bone cement market as follows:
Global Bone Cement Market By type
Polymethyl Methacrylate (PMMA) Cement
Calcium Phosphate Cement (CPC)
Glass Polyalkenoate Cement (GPC)
Others
Global Bone Cement Market By Application
Arthroplasty
Kyphoplasty
Vertebroplasty
Global Bone Cement Market By End User
Hospitals
Ambulatory Surgical Centers
Clinics
Get Sample Copy at https://www.theinsightpartners.com/sample/TIPHE100000838/
According to a new market research study titled Bone Cement Market to 2025 Global Analysis and Forecasts by Type, Application and End User, the global bone cement market was valued at US$ 927.3 Mn in 2017 and is estimated to reach US$ 1414.1 Mn by 2025. The report highlights the trends prevalent in the global bone cement market and the factors driving the market along with those that act as deterrents to its growth.
The market for bone cement is well established in the North American region, owing to the rising number of orthopedic surgeries and advancement in the technological developments of bone cements. In addition, the prominent players in the market are primarily focusing on expanding their customer base in North America. However, in Asia Pacific, India is expected to be the fastest growing market due to the rising popularity of medical tourism for orthopedic procedures and the availability of skilled medical professionals. Moreover, increasing geriatric population in this country associated with the increasing surgical procedure for joint replacements is expected to enhance the market growth in the coming years. Around 70,000 knee and hip replacement procedures are being performed every year in India.
The key players operating in the bone cement market worldwide include DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, DJO Global, Arthrex, Inc., Tecres SpA, Heraeus Holding, and Teknimed, OsteoRemedies, LLC among others.
The report segments the global bone cement market as follows:
Global Bone Cement Market By type
Polymethyl Methacrylate (PMMA) Cement
Calcium Phosphate Cement (CPC)
Glass Polyalkenoate Cement (GPC)
Others
Global Bone Cement Market By Application
Arthroplasty
Kyphoplasty
Vertebroplasty
Global Bone Cement Market By End User
Hospitals
Ambulatory Surgical Centers
Clinics
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
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The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results