Market revenue in 2023 | USD 262.1 million |
Market revenue in 2030 | USD 375.2 million |
Growth rate | 5.3% (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 73.48% in 2023. Horizon Databook has segmented the U.S. 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 U.S. accounts for the largest share of the global orthopedic bone cement market owing to its increasing geriatric and obese population. The elderly population is the major customer of orthopedic bone cement in the US.
The market is expected to witness lucrative growth during the forecast period owing to the growing elderly population. Moreover, the demand for orthopedic bone cement is anticipated to increase due to the rising prevalence of musculoskeletal disorders.
According to the U.S. Census Bureau, the population aged above 65 years was 43.1 million in 2012 and is estimated to increase to 83.7 million by 2050. There has been an increase in life expectancy due to adoption of improved treatment options, which in turn is expected to increase the customer pool and boost the revenue in the market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. orthopedic bone cement market, including forecasts for subscribers. This country databook contains high-level insights into U.S. orthopedic bone cement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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