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.
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Bone Cement Market at:
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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 of end 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 Market 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.
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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 include aapImplantate, 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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