The global orthopedic bone cement and casting materials market is anticipated to grow at a moderate CAGR of 4.7% during the forecast period (2025-2035). The market growth is driven by the increasing joint problems due to an aging population, and rising obesity rates. The advancements in the healthcare sector are additionally contributing to market growth. The increasing adoption of junk food and decrease in active lifestyle are propelling the market growth during the forecast period. Additionally, the prevalence of acquired or congenital deformities of the face and skull and an increase in the number of accidents and trauma cases, are boosting the market growth.
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The global orthopedic bone cement and casting materials market is segmented by product type (bone cement and casting materials), by application (joint arthroplasty, trauma cases, sports injury, and spine surgeries), by geography (North America, Europe, Asia-Pacific, and the Rest of the World).
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Market Dynamics
- The bone cement segment is anticipated to dominate the market during the forecast period. The segmental growth is attributed to the benefits offered by bone cement, such as immediate fixation, reduced pain, and the ability to mold it to fit the specific needs of the patient. Additionally, advancements in bone cement technology led to the development of bioactive and antibiotic-loaded versions promoting bone growth while reducing the risk of infection.
- The rising number of sports events and related injuries is attributed to the considerable share of the sports injury segment. Sports-related injuries, including fractures, sprains, and ligament tears, require orthopedic bone cement and casting materials to provide support and stability to the affected part. It aids in the reduction of swelling and provides relief from pain while expediting the recovery process.
- North America is anticipated to project considerable growth during the forecast period, attributed to the high prevalence of orthopedic disorders, the increasing aging population, and the adoption of sedentary lifestyles. An increase in the number of sports events in the region is additionally contributing to the market growth. Furthermore, the region is at the forefront of medical technology advancements, providing for regional market growth.
The major companies serving the global orthopedic bone cement and casting materials market include Stryker Corp, Zimmer Biomet Holding, Inc., and Smith & Nephew plc, among others. The market players are contributing significantly to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches.
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