Asia Pacific Bone Cement Market Size To Grow At A CAGR Of 6.60% In The Forecast Period Of 2023-2028

Asia Pacific Bone Cement Market
Spread the love

The ‘Asia Pacific Bone Cement Market Price, Share, Size, Trends, Growth, Report, and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Asia pacific bone cement market, assessing the market on the basis of its segments like product, application, end-use, and major countries.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Asia Pacific Bone Cement Market Size, Share, Trends, Industry, Key Player, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 206.33 million
• Forecast CAGR (2023-2028): 6.60%
• Forecast Market Size (2028): USD 302.3 million

The growing geriatric population across emerging economies such as India, China, and Japan, and the rise in associated skeletal disorders are fuelling the demand for bone cement across hospitals and ambulatory surgical centers. In addition, the increasing prevalence of accidents, injuries, fractures, and osteoporosis among the working population is further bolstering the Asia Pacific bone cement market.

Get a Free Sample Report with a Table of Contents –

The strong presence of manufacturers of polymethyl methacrylate in the region is leading to a bolstered supply chain. Additionally, the rising healthcare expenditure, advancements in the hospital infrastructure, and favorable policies of governments in the Asia Pacific supporting orthopedic standards are further improving the market dynamics.

The increasing awareness regarding healthcare among active and working adults is escalating hospitalization rates to normalize bone functioning, resulting in greater demand and usage of bone cement in treating orthopedic conditions. Furthermore, the rising disposable incomes, increasing living standards, and rapid development of healthcare infrastructure across the region are expected to bolster the Asia Pacific bone cement market in the forecast period.

Asia Pacific Bone Cement Industry Definition and Major Segments

Bone cement is defined as a biomaterial substance that is used in medical applications as a filler in artificial joints and to treat bone-related injuries such as fractures. Bone cement is in the form of a paste which, upon drying, becomes rigid and provides stability, particularly to artificial joints, aiding in recovery.

Read the Full Report with the Table of Contents –

On the basis of product, the market is segmented into:

• Calcium Phosphate Cement (CPC)
• Glass Polyalkenoate Cement
• Polymethyl Methacrylate (PMMA) Cement

Based on application, the market is categorized into:

• Kyphoplasty
• Arthroplasty
• Vertebroplasty

By end use, the market is divided into:

• Hospitals
• Ambulatory Surgical Centres
• Clinics

On the basis of country, the market is categorized into:

• China
• Japan
• India
• South Korea
• Australia
• Others

Asia Pacific Bone Cement Market Trends

The key trends in the Asia Pacific bone cement market include the growing efforts by the governments in the region aimed towards improving the accessibility of healthcare facilities in rural and semi-urban areas. Additionally, the rising standards of emergency services and trauma treatment facilities are further heightening the growth of the market.

Growing research and innovation activities by medical manufacturing giants, aimed towards increasing the quality of bone cement products and accessories are crucial trends in the bone cement market in the Asia Pacific. Meanwhile, an increasing emphasis on developing minimally invasive orthopedic and injury treatment procedures is being witnessed in the region.

Technological advancements in healthcare units, supported by the penetration of the Internet of Things (IoT), artificial intelligence, and machine learning, are improving the quality of treatment of chronic injuries to facilitate faster recovery. Furthermore, the increasing accessibility to newer, faster, and more advanced technologies are expected to aid the Asia Pacific bone cement market growth in the coming years. The increasing awareness about arthroplasty procedures, owing to the faster recovery and enhanced relief from trauma, is likely to be another key trend in the market.

Key Market Players

The major players in the Asia pacific bone cement market report are:

• Johnson & Johnson MedTech (Depuy Synthes)
• Stryker Corporation
• Zimmer Biomet Holdings, Inc
• Smith & Nephew plc
• Medtronic plc
• Laboratorios SL S.A.
• Heraeus Group
• Teknimed
• Leader Biomedical
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

White Oil Market:

Wireless Sensor Network Market:

Anthocyanin Market:

Coco Coir Market:

Fingerprint Sensor Market:

About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium-scale enterprises.

EMR customizes syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Anisha Luccas, Business Consultant
Toll-Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Thrive Hash

Subscribe to our Newsletter

Subscribe to receive the weekly Newsletters from our website. Don’t worry, we won’t spam you.