The polymethyl methacrylate (pmma) bone cements global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Polymethyl Methacrylate (PMMA) Bone Cements Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The polymethyl methacrylate (PMMA) bone cements market size has grown strongly in recent years. It will grow from $1.09 billion in 2023 to $1.17 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to research and development efforts, governments can accelerate the development of supportive policies, industry collaborations, rising number of hip and knee replacement surgeries, and rise in medical tourism.
The polymethyl methacrylate (PMMA) bone cements market size is expected to see strong growth in the next few years. It will grow to $1.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to consumer trends and preferences, increasing number of spinal surgeries, increasing patient awareness, improving the efficacy and safety of PMMA bone cements, and increasing trend towards outpatient orthopedic surgeries. Major trends in the forecast period include bioactive pmma bone cements, pmma bone cements loaded with antibiotics, customized implants, advancements in cementing techniques, and hybrid bone cements.
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Scope Of Polymethyl Methacrylate (PMMA) Bone Cements Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Polymethyl Methacrylate (PMMA) Bone Cements Market Overview
Market Drivers –
The rise in sports-related injuries is expected to propel the growth of the polymethyl methacrylate (PMMA) bone cement market going forward. Sports-related injuries refer to physical harm or damage to the body that occurs during participation in sports or exercise activities. Sports-related injuries occur due to increased involvement in high-intensity physical activities, inadequate training, and a lack of proper injury prevention measures. Polymethyl methacrylate (PMMA) bone cement is widely used in orthopedic surgeries to treat sports-related injuries. It provides crucial structural support and stability to fractured or damaged bones, facilitating the secure fixation of implants during joint replacements or fracture repairs. For instance, according to the Injury Facts of the National Safety Council, a US-based nonprofit organization, in 2023, the number of exercise and exercise equipment injuries grew by 8% to 482,886 injuries in 2023 from 445,642 injuries in 2022. Therefore, the rise in sports-related injuries is driving the growth of the polymethyl methacrylate (PMMA) bone cement market.
Market Trends –
Major companies operating in the polymethylmethacrylate (PMMA) bone cement market are focused on developing innovative solutions, such as antibiotic-loaded bone cement, to support periprosthetic joint infection (PJI) treatment. Antibiotic-loaded bone cement is a specialized bone repair material infused with antibiotics to prevent and treat infections during orthopedic procedures, such as joint replacements. For instance, in August 2024, Heraeus Medical GmbH, a Germany-based medical technology manufacturer, launched the COPAL G+V Dual Antibiotic-loaded Bone Cement. COPAL G+V Dual Antibiotic-loaded Bone Cement by Heraeus Medical GmbH features a combination of gentamicin and vancomycin, offering broad-spectrum antimicrobial coverage. It is designed to reduce infection risk in high-risk orthopedic surgeries and delivers targeted antibiotic release to optimize postoperative outcomes.
The polymethyl methacrylate (PMMA) bone cements market covered in this report is segmented –
1) By Type: Low Viscosity Cements, Medium Viscosity Cements, High Viscosity Cements
2) By Application: Joint, Vertebral, Other Applications
3) By End-Use: Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics
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Regional Insights –
North America was the largest region in the polymethyl methacrylate (PMMA) bone cement market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polymethyl methacrylate (PMMA) bone cement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the polymethyl methacrylate (PMMA) bone cements market are Cardinal Health Inc., Johnson & Johnson, Medtronic plc, Heraeus Medical GmbH, Stryker Corporation, Zimmer Biomet Holdings Inc., Enovis, Merit Medical Systems, Orthofix Inc., Exactech Inc., Mathys AG Bettlach, Summit Medical Group, Aap Implantate AG, Makevale Ltd., OSARTIS GmbH, Cambridge Polymer Group Inc., Teknimed SA, Morulaa HealthTech Pvt. Ltd., Tecres S.p.A., BioMedtrix LLC
Table of Contents
1. Executive Summary
2. Polymethyl Methacrylate (PMMA) Bone Cements Market Report Structure
3. Polymethyl Methacrylate (PMMA) Bone Cements Market Trends And Strategies
4. Polymethyl Methacrylate (PMMA) Bone Cements Market – Macro Economic Scenario
5. Polymethyl Methacrylate (PMMA) Bone Cements Market Size And Growth
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32. Global Polymethyl Methacrylate (PMMA) Bone Cements Market Competitive Benchmarking
33. Global Polymethyl Methacrylate (PMMA) Bone Cements Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Polymethyl Methacrylate (PMMA) Bone Cements Market
35. Polymethyl Methacrylate (PMMA) Bone Cements Market Future Outlook and Potential Analysis
36. Appendix
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