Orthopedic bone cement is manufactured with polymethyl methacrylate (PMMA) and is used in fixing implant after orthopedic surgery. It is called cement since it can hold the implant and bone together by forming a tight space. There are various types of bone cements including glass polyalkenoate cement and calcium phosphate cements that are used in orthopedic surgeries. Cast is used to hold bones in place after injury as well as to provide enhanced immobilization post-orthopedic surgery. Moreover these casts are made from two types of casting materials namely fiberglass with cotton, plaster, and some other synthetic materials to provide soft padding to the bones. In the recent past, there has been rising demand for orthopedic bone cement and casting materials, especially among the geriatric population as they are prone to developing bone fractures. Furthermore, there has been an increase in the incidence of joint fractures due to the rise in prevalence of obesity which puts immense pressure on knee joints.
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Growing geriatric population and increasing cases of bone fractures is expected to drive growth of the global orthopedic bone cement and casting materials market during the forecast period.
According to the World Health Organization, the global population aged 85 years or more will increase by 351% in the following 40 years. Osteoporosis International Journal estimated that 158 million people aged 50 years or above are highly prone to developing bone fractures. The research further stated that the prevalence could double by 2040. The high incidence of osteoporosis globally has been a major driving factor for orthopedic bone cement and casting materials market. The most critical site for fractures is known to be forearm with 1.7 million people developing fractures at the site. As per International Osteoporosis Foundation, an estimated 8.9 million fractures occur every year, which are attributed to osteoporosis and the disease affects more than 75 million people in Europe, U.S. and Japan.
Growing adoption of cementless primary total knee system is expected to restrain growth of the global orthopedic bone cement and casting materials market during the forecast period. For instance, on September 09, 2019, DePuy Synthes – a medical device company and a part of Johnson & Johnson, announced to launch the ATTUNE Cementless Knee Primary Total Knee System in a rotating platform option in select countries.
North America hold dominant position in the global orthopedic bone cement and casting materials market, followed by Europe. According to the Centers for Disease Control and Prevention (CDC), an estimated 3.5 – 4.4 million people visit emergency department every year for diagnosing fractures. The healthcare costs associated with the treatment of osteoporotic fractures is US$ 17 million to US$ 20 billion on an annual basis. Furthermore, rising geriatric population and related joint fractures in Europe is expected to boost the regional market growth in the near future. Osteoporotic bone fractures create a disease burden of more than 1.75% on the European Healthcare system.
𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!!!!!!!
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐎 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐓𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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Asia Pacific is expected to register the highest growth rate, owing to the presence of large patient pool across India and China. Furthermore, improving healthcare infrastructure and rising geriatric population is expected to propel the regional market growth over the forecast period.
Major companies involved in the global bone cement and casting materials market are Zimmer Biomet, Stryker Corporation, Smith & Nephew plc, DePuy Synthes, 3M Healthcare and BSN Medical GmbH.
Major institutes and universities are focused on R&D activities related to orthopedic bone cement and casting materials. For instance, in August 2019, researchers from Gdask University of Technology, in the paper ‘Antibacterial Activity and Cytocompatibility of Bone Cement Enriched with Antibiotic, Nanosilver, and Nanocopper for Bone Regeneration’, found that cement modified with 1.5% and 3% w/w nanosilver or nanocopper demonstrated a higher bactericidal effect and antibiofilm properties compared with antibiotic-loaded bone cement.
In July 2019, researchers from Hunan University of Science and Technology, reported development of Strontium (Sr)-dicalcium silicate bone cements with in situ Sr-substitution and homogeneously Sr-distribution for orthopedic applications. The Sr-substituted dicalcium silicate bone cements had enhanced osteogenesis potential for orthopedic applications.
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Frequently Asked Questions:
- What will be the market size and the growth rate by the end of the forecast period?
- What are the key Orthopedic Bone Cement and Casting Materials Market trends impacting the growth of the market?
- What are the potential growth opportunities and threats faced by the leading competitors in the market?
- What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the global Orthopedic Bone Cement and Casting Materials Market?
- What are the market opportunities and threats faced by the vendors in the Orthopedic Bone Cement and Casting Materials Market?
Table Of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Orthopedic Bone Cement and Casting Materials Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Orthopedic Bone Cement and Casting Materials Industry Impact
Chapter 2 Global Orthopedic Bone Cement and Casting Materials Competition by Types, Applications, and Top Regions and Countries
2.1 Global Orthopedic Bone Cement and Casting Materials (Volume and Value) by Type
2.3 Global Orthopedic Bone Cement and Casting Materials (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Orthopedic Bone Cement and Casting Materials Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 6 East Asia Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 7 Europe Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 8 South Asia Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 9 Southeast Asia Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 10 Middle East Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 11 Africa Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 12 Oceania Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 13 South America Orthopedic Bone Cement and Casting Materials Market Analysis
Chapter 14 Company Profiles and Key Figures in Orthopedic Bone Cement and Casting Materials Business
Chapter 15 Global Orthopedic Bone Cement and Casting Materials Market Forecast (2021-2027)
Chapter 16 Conclusions
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