North America Orthopedic Bone Cement Market Size & Outlook
North America orthopedic bone cement market, 2018-2030 (US$M)
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North America orthopedic bone cement market highlights
- The North America orthopedic bone cement market generated a revenue of USD 329.9 million in 2023.
- The market is expected to grow at a CAGR of 5.7% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 329.9 million |
| Market revenue in 2030 | USD 485.2 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Polymethyl methacrylate (pmma) |
| Fastest growing segment | Polymethyl Methacrylate (PMMA) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 51.1% of the global orthopedic bone cement market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 158.8 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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North America 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 73.36% in 2023. Horizon Databook has segmented the North America 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.
North America held the highest market share of the global orthopedic bone cement market in 2016 and is likely to maintain its dominance during the forecast period. Major factors responsible for market growth in North America are increasing geriatric population and growing incidence of orthopedic disorders.
According to the Population Reference Bureau, in 2016, the number of people aged 65 and over was 46 million in the U.S., which is expected to reach 98 million by 2060. According to the UN, geriatric population is expected to account for more than 25% of the total population of North America by 2030.
Higher healthcare spending and increasing adoption of orthopedic bone cement are factors anticipated to boost the market in this region.
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Target buyers of North America orthopedic bone cement market databook
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Our clientele includes a mix of orthopedic bone cement market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America orthopedic bone cement market, including forecasts for subscribers. This continent databook contains high-level insights into North America orthopedic bone cement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America orthopedic bone cement market size, by country, 2018-2030 (US$M)
North America Orthopedic Bone Cement Market Share, 2023 & 2030 (US$M)
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