Market revenue in 2023 | USD 28.1 million |
Market revenue in 2030 | USD 47.5 million |
Growth rate | 7.8% (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 |
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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 73.31% in 2023. Horizon Databook has segmented the Germany 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.
Germany accounted for the highest share of the European orthopedic bone cement market and is expected to grow at a faster during the forecasted period. This growth can be attributed to the favorable reimbursement scenario in the country.
The German Health Technology Assessment in coordination with the Institute for Quality and Efficiency of Healthcare regulates reimbursement in Germany. The reimbursement rate for orthopedic procedures is relatively low, which may have a negative impact on the orthopedic bone cement market in this country.
In addition, according to Worldatlas the percentage of geriatric population is 21.2% in Germany. The presence of large geriatric population is expected to increase the incidence of bone related disorders, and thereby promote growth of the orthopedic bone cement market.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany orthopedic bone cement market, including forecasts for subscribers. This country databook contains high-level insights into Germany orthopedic bone cement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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