UK Orthopedic Bone Cement Market Size & Outlook, 2023-2030
UK orthopedic bone cement market, 2018-2030 (US$M)
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UK orthopedic bone cement market highlights
- The UK orthopedic bone cement market generated a revenue of USD 28.3 million in 2023 and is expected to reach USD 45.2 million by 2030.
- The UK market is expected to grow at a CAGR of 6.9% 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 28.3 million |
| Market revenue in 2030 | USD 45.2 million |
| Growth rate | 6.9% (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, UK accounted for 4.4% 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 Europe, Germany orthopedic bone cement market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 47.5 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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UK 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 73.5% in 2023. Horizon Databook has segmented the UK 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.
The UK orthopedic bone cement market is expected to grow significantly during the forecast period. UK has a universal healthcare system and a large part of the population is protected under free healthcare schemes that are offered by National Health Services (NHS).
For instance, NHS is a very effective and efficient government funded healthcare system. Increase in the number of NHS hospitals providing high quality medical treatment to patients with orthopedic disorders is expected to increase the number of surgeries that involve the use of bone cement, which is in turn anticipated to drive market growth.
Improving healthcare infrastructure and expansion of private healthcare sector in the UK is expected to contribute to the growth of this market. Furthermore, UK has an independent body called Orthopedic Research UK (ORUK), which is a charitable organization dedicated to advance knowledge about orthopedics, by not only publicizing and funding research, but also by providing training to promote alliances between orthopedic surgeons, engineers, and scientists.
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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 country-level data and insights on the UK orthopedic bone cement market, including forecasts for subscribers. This country databook contains high-level insights into UK orthopedic bone cement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK orthopedic bone cement market size, by material, 2018-2030 (US$M)
UK Orthopedic Bone Cement Market Share, 2023 & 2030 (US$M)
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