Canada Orthopedic Bone Cement Market Size & Outlook
Canada orthopedic bone cement market, 2018-2030 (US$M)
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Canada orthopedic bone cement market highlights
- The Canada orthopedic bone cement market generated a revenue of USD 67.8 million in 2023 and is expected to reach USD 109.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, polymethyl methacrylate (pmma) was the largest revenue generating material in 2023.
- Polymethyl Methacrylate (PMMA) is the most lucrative material segment registering the fastest growth during the forecast period.
Orthopedic bone cement market data book summary
| Market revenue in 2023 | USD 67.8 million |
| Market revenue in 2030 | USD 109.9 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Polymethyl methacrylate (pmma) |
| Fastest growing segment | Polymethyl Methacrylate (PMMA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymethyl Methacrylate (PMMA), Calcium phosphate, Glass Polyalkeonate |
| Key market players worldwide | Stryker Corp, Zimmer Biomet Holdings Inc, DePuy Synthes, Smith & Nephew PLC, Enovis Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 10.5% of the global orthopedic bone cement market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. orthopedic bone cement market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 109.9 million by 2030.
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Orthopedic Bone Cement Market Scope
Orthopedic Bone Cement Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada orthopedic bone cement market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to orthopedic bone cement market will help companies and investors design strategic landscapes.
Polymethyl methacrylate (pmma) was the largest segment with a revenue share of 73.01% in 2023. Horizon Databook has segmented the Canada orthopedic bone cement market based on polymethyl methacrylate (pmma), calcium phosphate, glass polyalkeonate covering the revenue growth of each sub-segment from 2018 to 2030.
Growing geriatric population and increasing obesity in young adults are likely to propel the market during the forecast period. Furthermore, various initiatives have been undertaken to create awareness among people about orthopedic disorders.
For instance, Osteoporosis Canada, a national organization helps people who are suffering from or are at a high risk of osteoporosis. According to a report published by Canadian Memorial Chiropractic College, 47.1% people aged 65 years or above are diagnosed with musculoskeletal disorders like arthritis or rheumatism. with arthritis.
High incidence of arthritis in younger population is expected to increase the demand for orthopedic bone cement owing to rise in the patient pool, which is anticipated to ultimately propel market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada orthopedic bone cement market, including forecasts for subscribers. This country databook contains high-level insights into Canada orthopedic bone cement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada orthopedic bone cement market size, by material, 2018-2030 (US$M)
Canada Orthopedic Bone Cement Market Share, 2023 & 2030 (US$M)
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