NEWARK, Del:The global bone cement delivery systems market is projected to grow at a rate of 6.9% each year through 2032, reaching US$ 1730 million by then – with one primary factor being an increased count osteoporotic fractures that are occurring more frequently than ever before in our society today!
Bone cement delivery systems have gained wide acceptance over the years for variety of orthopedic procedures/ surgeries. Ease of use with bone cement delivery systems, controlled and target delivery of appropriate amount of cement delivery, negligible risk of injuries to the patients undergoing the surgery, and integrated safety mechanisms are some of the major factors that have boosted the requirement of bone cement delivery systems over the years.
As per a study published by the International Osteoporosis Foundation, there are more than 200 million people across the globe who suffer with osteoporosis. Furthermore, an approximate of 8.9 million fractures are caused because of osteoporosis every year, which further demand the requirement of bone cement delivery systems for treatment.
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Geriatric population undergo several orthopedic surgeries/ procedures because of high susceptibility to various orthopedic conditions and consistent increase in the geriatric population across regions is expected to push the market for bone cement delivery systems. A recent study published for the United States projected the geriatric population to accelerate to 1.3 billion by the end of 2030.
Bone Cement Delivery Systems Market: Drivers and Restraints
Major manufacturers for bone cement delivery system are highly focused on capturing the interest of various bone cement delivery systems manufacturers that are opting for novel ways of delivering bone cement to target sites while an orthopedic surgery.
Consistent push to major manufacturers for maintaining their revenue share in the bone cement delivery systems market is one of the major factors that is expected to propel market growth for bone cement delivery systems during the forecast period.
Consistent rise in the geriatric population globally and increasing incidence of various orthopedic related diseases and disorders is also expected to boost market growth for bone cement delivery systems.
However, several risks associated with bone cement delivery systems, lack of affordability in the poor and middle-income countries and lack of awareness of the existing bone cement delivery systems might obstruct market growth for bone cement delivery systems in the foreseen future.
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Bone Cement Delivery Systems Market: Overview
There is a consistent rise in the demand for bone cement delivery systems in various interventional procedures like Kyphoplasty and Vertebroplasty. Precision in delivery of bone cement is one of the major features, which the manufacturers existing in the bone cement delivery systems market are trying to incorporate in their systems.
For instance, Stryker, which is one of the leading manufacturers for bone cement delivery systems, offer precision bone cement delivery systems that involves cement mixers used in Vertebroplasty procedures for fracture treatment.
Furthermore, BD’s vertebral balloon system utilizes a unipedicular method for targeting balloon placement across the mid-line of the vertebral body. Orthopaedic surgeries are projected to hold the maximum share in the overall market for bone cement delivery systems during the forecast period.
Ambulatory surgical centers, by the end use segment of bone cement delivery systems market, is expected to contribute a significant revenue share in the bone cement delivery systems market owing it to the increase in number of surgeries performed each year.
Bone Cement Delivery Systems Market: Region-wise Outlook
North America and Europe’s bone cement delivery systems market is anticipated to propel major revenue share in the global bone cement delivery systems market, owing it to the high number of manufacturer presence and new product launches of bone cement delivery systems for various surgeries.
High prevalence rates of osteoporosis and increasing number of geriatric population for these regions is also projected to boost market growth for bone cement delivery systems in the region. Asia-pacific market for bone cement delivery systems, majorly, China, Japan, and Korea is expected to increase significantly during the forecast period, due to the growing product adoption rate and increase in healthcare expenditure.
Low and middle income countries are expected to contribute a decent share in the overall market for bone cement delivery systems because of the lack of awareness and low affordability for surgeries in the region.
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Bone Cement Delivery Systems Market: Key Market Participants
Some of the market participants in the Global Bone Cement Delivery Systems market identified across the value chain include: BD, Stryker Corporation, 3M, Cardinal Health, Entellus Medical, Johnson & Johnson Services, Inc., Medtronic PLC, Smith & Nephew plc, IZI Medical Products, and Synimed.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Bone Cement Delivery Systems Market: Segmentation
On the basis of Bone cement type, Bone Cement Delivery Systems Market can be segmented as:
On the basis of surgery type, Bone Cement Delivery Systems Market can be segmented as:
On the basis of end use, Bone Cement Delivery Systems Market can be segmented as:
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
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