Global Bone
Cement Market is expected to grow at a significant CAGR in the upcoming
years as the scope and its applications are increasing across the globe. Bone
cement that is chemically known as polymethyl methacrylate (PMMA), is
extensively used in several orthopedic and trauma surgery for implant fixation.
PMMA serves as a space-filler that generates a tight space that holds the
implant against the bone.
The factors that propel the growth of the Bone Cement Market
include rising demand, geriatric population, technological innovations, growing
occurrence of orthopaedic disorders, and increasing number of accidents leading
to bone and dental surgeries. On the other hand, there are also factors that
may hamper the growth of the market such as strict rules and technical hitches
related to the use of bone cement. Bone Cement Market is classified on the
basis of product type, viscosity, applications, end user, distribution channel
and geography.
Bone Cement Market is segmented by product type as
antibiotic-loaded bone cement and non-antibiotic bone cement. Bone Cement
Market is classified based on viscosity as low viscosity cement, medium
viscosity cements, and high viscosity cement. Bone Cement Market is classified
on the basis of applications as orthopaedic, dental, and others.
Among applications, orthopaedic segment is expected to hold a
large share of the Bone Cement Market in 2017. Bone Cement Market is classified
on the basis ofend user as hospitals, ambulatory surgical centres and others.
Among the end users, “hospital” segment is expected to register a major share
in the Bone Cement Industry in 2017. Bone Cement Market is classified on the basis of
distribution channel as online stores, specialty stores and others. Bone Cement
Market is classified on the basis of geography as North America, Latin America,
Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East and
Africa.
The North American region consists of the U.S., and Canada. Latin
America region consists of Mexico and Brazil. The Western European region consists
of Germany, Italy, France, England and Spain. The Eastern European region
consists of Poland and Russia. Asia Pacific region consists of China, India,
ASEAN, Australia& New Zealand. The Middle East and African region consists
of GCC, South Africa and North Africa.
BY geography, North America is projected to account for a major
share of the Bone Cement Market. The key factors that attribute to the growth of this region
is due to growing geriatric population, well established healthcare
infrastructure & facilities, and rising incidence of orthopaedic disorders.
On the other hand, Asia Pacific is expected to show rapid growth
rates in the Bone Cement Market. This is due to large patient pool and
developing healthcare facilities. Some of the key players that fuel the growth
of the Bone Cement Market include DJO Global, Smith & Nephew, Stryker,
TEKNIMED, and Zimmer Biomet. The key players are focusing on inorganic growth to
sustain themselves amidst fierce competition. As such, mergers, acquisitions,
and joint ventures are the need of the hour.
The other prominent players operating in the Bone Cement Market
includeaapImplantate, Aegis Spine, Alphatec Spine, Olympus, Becton Dickinson,
SOMATEX Medical Technologies, BMKOREA, DePuy Synthes, Thiebaud, Elite Surgical,
Osseon, Evolutis, G-21, TECRES, Kyungwon Medical, Cook Medical, Medacta
Companies, Synimed Synergie Ingénierie Médicale, Exactech, and VEXIM.
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