Bone Cement Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Bone Cement Market is segmented By Product (Polymethyl Methacrylate (PMMA) Cement, Glass Polyalkenoate Cement, Calcium Phosphate Cement), By Joints (Knee, Hip, Shoulder, ....
Bone Cement Market Size
Market Size in USD
CAGR6.3%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 6.3% |
| Market Concentration | High |
| Major Players | Cardinal Health, Heraeus Holding, EXACTECH, Zimmer Biomet, Stryker |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Bone Cement Market Analysis
The bone cement market is estimated to be valued at USD 997.1 Mn in 2024 and is expected to reach USD 1,534.5 Mn by 2031, growing at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031. The growing geriatric population susceptible to orthopedic conditions and rising number of joint replacement surgeries are major factors contributing to the increased demand for bone cement. However, factors such as increasing preference for bio-absorbable materials and 3D-printed implants may moderately impact market growth.