Bone Cement Market Size & Growth Analysis to 2030

The global Bone Cement Market size was valued at around USD 1 billion in 2022 and projected to grow at a significant CAGr of around 6% during the forecast period from 2023 to 2030. The driving factors in the market include the increasing incidence of orthopedic conditions, growing demand for minimally invasive surgeries, technological advancements in bone cement formulations, a rising geriatric population, a surge in sports injuries and trauma cases, favorable reimbursement policies, and advancements in surgical techniques and implant designs. These factors contribute to the market’s growth by creating a higher demand for bone cement in orthopedic procedures, improving patient outcomes, and expanding the scope of applications. The combination of demographic trends, medical advancements, and market dynamics propel the growth of the bone cement market globally.

Market Snapshot:

Market Drivers:

Increasing Incidence of Orthopedic Conditions: The rising prevalence of orthopedic conditions such as fractures, osteoporosis, and joint disorders is a major driving factor for the bone cement market. As the global population ages and lifestyles change, the demand for orthopedic procedures and bone cement for bone stabilization and fixation increases.

Growing Demand for Minimally Invasive Surgeries: Minimally invasive surgical techniques have gained popularity due to their advantages such as smaller incisions, reduced trauma, faster recovery, and shorter hospital stays. Bone cement plays a crucial role in these procedures for joint arthroplasty, vertebral augmentation, and fracture fixation, driving the demand for bone cement.

Technological Advancements in Bone Cement Formulations: Advances in bone cement formulations have led to improved properties such as higher strength, reduced risk of complications, and enhanced biocompatibility. The development of antibiotic-loaded bone cement has also helped in reducing the risk of infection in orthopedic procedures, further driving market growth.

Rising Geriatric Population: The increasing global geriatric population is a significant driver for the bone cement market. Older individuals are more prone to orthopedic conditions and often require joint replacements or fracture repair. The growing elderly population, particularly in developed countries, contributes to the demand for bone cement.

Surge in Sports Injuries and Trauma Cases: Sports injuries and trauma cases, including fractures and sports-related joint damage, have witnessed a surge in recent years. The need for bone cement in the treatment and management of these injuries is driving market growth.

Favorable Reimbursement Policies: Favorable reimbursement policies and insurance coverage for orthopedic procedures and bone cement implants encourage patients to seek appropriate medical care. This factor plays a role in driving the demand for bone cement.

Advancements in Surgical Techniques and Implant Designs: Advancements in surgical techniques, implant designs, and instrumentation have improved the overall outcomes of orthopedic procedures. This has increased the confidence of surgeons and patients in utilizing bone cement as a reliable adjunct in orthopedic surgeries.

Market Insights:

Global Bone Cement Market Analysis by Type

The global bone cement market is bifurcated into type, application, end-user, and geography. on the basis of type, the market is further segmented into PMMA bone cement, calcium phosphate cement, and others. The PMMA (Polymethyl Methacrylate) bone cement has been the dominant segment in the bone cement market. PMMA bone cement has been widely used in orthopedic procedures for many years and has a well-established track record. It offers excellent mechanical properties, such as high strength and durability, making it suitable for joint replacements and fracture fixations. PMMA bone cement is preferred by many surgeons due to its reliability, immediate load-bearing capability, and cost-effectiveness.

PMMA Bone Cement: PMMA bone cement is the most commonly used type in orthopedic procedures, such as joint replacements and fracture fixations. It provides strong and durable fixation, allowing for immediate load-bearing after surgery. PMMA bone cement is known for its excellent mechanical properties and biocompatibility, making it a reliable choice for orthopedic applications.

Calcium Phosphate Cement: Calcium phosphate cement is a bioactive alternative to PMMA bone cement. It is composed of calcium phosphate-based materials, which closely mimic the mineral composition of natural bone. Calcium phosphate cement has the advantage of being resorbable over time, allowing for bone ingrowth and regeneration. It is often used in applications where long-term stability and biocompatibility are desired.

Others: The “others” category may include emerging types of bone cement, such as composite cements or hybrid formulations that combine different materials. These alternative types are being researched and developed to improve the properties and performance of bone cement in various orthopedic applications.

Global Bone Cement Market Analysis by Type

On the basis of application, the global bone cement market is bifurcated into arthroplasty, vertebroplasty and kyphoplasty, dental procedures, and others. The arthroplasty (joint replacements) has been the dominant segment in the bone cement market by application. Arthroplasty procedures, such as hip and knee replacements, have a high prevalence globally, driven by factors such as an aging population, increased incidence of joint diseases, and improved surgical techniques. Bone cement is commonly used in arthroplasty surgeries to provide stability and fixation between the implant and the bone, ensuring successful joint replacement outcomes. Arthroplasty accounts for a significant portion of the bone cement market due to the large number of procedures performed worldwide.

Arthroplasty: Arthroplasty, which involves the replacement of a diseased or damaged joint with an artificial implant, is a major application area for bone cement. Joint replacements, such as hip and knee replacements, often require the use of bone cement to provide stability and fixation between the implant and the bone.

Vertebroplasty and Kyphoplasty: Vertebroplasty and kyphoplasty are minimally invasive procedures used to treat vertebral compression fractures in the spine. Bone cement is injected into the fractured vertebra to stabilize and reinforce it, providing pain relief and restoring vertebral height.

Dental Procedures: Bone cement is also used in certain dental procedures, such as dental implant surgeries and orthodontic treatments. In dental implant procedures, bone cement is used to secure the implant post into the jawbone, ensuring stability and osseointegration.

Others: The “others” category encompasses various additional applications of bone cement, including trauma and fracture fixation, orthopedic tumor resection, and reconstructive surgeries. These applications may vary depending on specific patient needs and surgical requirements.

The bone cement market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Type:

• PMMA Bone Cement
• Calcium Phosphate Cement
• Others

By Application:

• Arthroplasty
• Vertebroplasty and Kyphoplasty
• Dental Procedures
• Others

By End-User:

• Hospitals
• Ambulatory Surgical Centers
• Clinics

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage

On the basis of region, North America is estimated to hold the largest revenue share of the global bone cement market in the benchmark year. North America has a well-developed healthcare infrastructure with advanced medical facilities and a high level of access to orthopedic procedures. This facilitates a higher demand for bone cement in various applications. Furthermore, North America has a significant aging population, which is more prone to orthopedic conditions and requires joint replacements and other orthopedic procedures. The prevalence of conditions such as osteoarthritis and the need for bone cement contribute to the dominance of the region.

North America is known for its strong focus on research and development and technological advancements in the healthcare sector. This includes advancements in orthopedic procedures, implant designs, and bone cement formulations, which contribute to the market dominance. moreover, North America has a higher healthcare expenditure compared to other regions, allowing for increased investment in advanced orthopedic treatments, including the use of bone cement. This leads to a higher market share in the region.

Competitive Assessment

Some of the major market players operating the global bone cement market significantly. These players have been recognized for their significant presence and contributions to the market:

Stryker Corporation: Stryker is a leading global medical technology company that offers a wide range of orthopedic products, including bone cement. The company has a strong presence in the bone cement market and is known for its innovative product offerings and strategic acquisitions.

Zimmer Biomet Holdings, Inc.: Zimmer Biomet is a prominent player in the orthopedic market, manufacturing and distributing a variety of products for joint replacement surgeries, including bone cement. The company has a global footprint and a robust product portfolio.

DePuy Synthes (Johnson & Johnson): DePuy Synthes, a subsidiary of Johnson & Johnson, is a well-established player in the bone cement market. They offer a comprehensive range of orthopedic solutions, including bone cement products for various applications.

DJO Global, Inc.: DJO Global is a leading provider of orthopedic solutions, including bone cement, for joint reconstruction surgeries. The company is known for its innovative product offerings and a strong focus on research and development.

Smith & Nephew plc: Smith & Nephew is a global medical technology company that manufactures and markets a wide range of orthopedic products, including bone cement. They have a strong presence in the bone cement market and focus on developing advanced solutions for orthopedic procedures.

Notable Product Launches:

Medtronic Launches the Medtronic Cement Mixing and Delivery System: Medtronic, a global medical technology company, launched a new bone cement mixing and delivery system designed to simplify and improve the bone cement mixing process during orthopedic procedures. The system aims to enhance precision, reduce variability, and provide better control over the cement delivery process.

Stryker Introduces the Cementless Mako Total Knee System: Stryker introduced a cementless total knee system as an alternative to traditional cemented knee implants. The system utilizes advanced materials and design features to achieve bone ingrowth and long-term stability without the need for bone cement, providing potential benefits for patients undergoing total knee replacement surgeries.

Zimmer Biomet Launches CopiOs Bone Void Filler: Zimmer Biomet introduced CopiOs, a synthetic bone void filler that can be used in orthopedic procedures to fill bone defects or voids. The product is designed to provide mechanical support, facilitate bone healing, and enhance patient outcomes in bone reconstruction procedures.

DJO Global Introduces OSTEOMESH Bioresorbable Implant: DJO Global launched OSTEOMESH, a bioresorbable bone graft substitute used in orthopedic procedures to promote bone healing and regeneration. The implant is designed to gradually resorb over time, allowing for the natural formation of new bone.

Smith & Nephew Introduces the REDAPT Revision Acetabular Fully Porous Cup: Smith & Nephew introduced a fully porous acetabular cup for hip revision surgeries. The cup features a porous structure designed to promote osseointegration and long-term implant stability without the use of bone cement, providing a potential solution for challenging revision cases.

Key Companies:

• Stryker Corporation
• Zimmer Biomet Holdings, Inc.
• DePuy Synthes (a subsidiary of Johnson & Johnson)
• DJO Global, Inc.
• Smith & Nephew plc
• Heraeus Medical
• Tecres S.p.A.
• Exactech, Inc.
• Medacta International
• Braun Melsungen AG
• Orthofix Holdings, Inc.
• CryoLife, Inc.

Key Questions Answered by Bone Cement Market Report

• Global bone cement market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Bone cement submarket forecasts from 2023-2030 covering the market by type, application, end-user, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level bone cement markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market