Orthopedic Bone Cement Market to Reflect Tremendous Growth Potential with A CAGR of 5.3% BY 2032

The 2022 global market size for Orthopedic Bone Cement Market was valued at USD 1.4 billion, with an anticipated growth to USD 3.4 billion by 2032, registering a revenue Compound Annual Growth Rate (CAGR) of 5.3% throughout the forecast period. The primary drivers of market revenue growth include the global aging population, an increasing incidence of orthopedic disorders, and a rising number of orthopedic procedures.

On a global scale, the prevalence of orthopedic conditions such as osteoporosis, arthritis, and other bone-related disorders is on the rise. The International Osteoporosis Foundation (IOF) predicts that by the year 2020, 200 million women worldwide will be affected by osteoporosis. Similarly, arthritis is becoming more prevalent, with projections indicating that by 2040, approximately 78 million Americans will have received a diagnosis of this condition.

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Competitive Landscape:

The global orthopaedic bone cement market is highly consolidated, with a few dominant players accounting for a majority of the market share. The major players in the market are adopting various strategies such as mergers and acquisitions, collaborations, product launches, and partnerships to strengthen their position in the market.

Some of the leading companies in the global orthodontic consumable market are:

  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
  • Smith & Nephew plc
  • DJO Global, Inc.
  • DePuy Synthes (Johnson & Johnson Services, Inc.)
  • Exactech, Inc.
  • Heraeus Holding GmbH
  • Sonoma Orthopedic Products, Inc.
  • Bone Solutions Inc.
  • Orthopedics UK Ltd.

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Strategic Developments in the Orthopedic Industry:

  • In 2021, Stryker Corporation disclosed its acquisition of OrthoSensor, Inc., a company specializing in sensor-assisted technology for total joint replacements. The strategic move aimed to enrich Stryker’s orthopedic product portfolio and broaden its market presence.
  • DJO Global, Inc. made a significant announcement in 2021 by introducing a novel line of cementless hip implants named the EMPOWR Porous Hip System. This system incorporates a proprietary porous coating to stimulate bone ingrowth and minimize reliance on bone cement.
  • Smith & Nephew plc, in 2020, revealed its acquisition of Integra LifeSciences’ Extremity Orthopedics business for $240 million. This strategic acquisition was intended to expand Smith & Nephew’s range of orthopedic products and fortify its position in the market.
  • Zimmer Biomet Holdings, Inc., in 2020, unveiled a new line of bone cement known as the Copal G+C Antibiotic Bone Cement. This innovative cement incorporates antibiotics to mitigate infection risks during orthopedic surgeries.
  • In 2019, DePuy Synthes (Johnson & Johnson Services, Inc.) announced the launch of a new line of bone cement called the PALACOS MV. Engineered to offer high viscosity and low monomer release, this cement aims to enhance handling efficiency and ensure patient safety.

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