The global orthopedic bone cement and casting materials market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Artificial joints such as shoulder joints, knee joints, and elbow joints are anchored using bone cement. It bridges the gap between the bone and the prosthesis and serves as an elastic zone. An orthopedic cast is a plaster shell that surrounds a limb to support and stabilize anatomical structures like a broken bone. Increased joint problems due to an ageing population, rising obesity rates, advancements in the healthcare sector, and a shift in consumer preferences toward non-nutritious and junk food, which results in weaker bones, are some factors expected to propel the global orthopedic bone cement and casting materials market. For instance, an estimated 37.7% of adults are obese in the US. Moreover, nearly 23.4 million adults in America have diabetes.
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This data represents the growing intensity level of lifestyle-oriented diseases in the country. According to WHO estimates, up to 50 million people die each year as a result of injuries, particularly road traffic accidents, which are the eighth biggest cause of mortality for people of all ages globally. Despite having over 60% of the world’s vehicles, low and middle-income countries account for 93% of all road deaths. The global orthopedic bone cement and casting materials is being driven by an increase in osteoporosis. Additionally, the prevalence of acquired or congenital deformities of the face and skull, as well as an increase in the number of accidents and trauma cases, are likely to drive the demand for bone cement. According to The National Spinal Cord Injury 2020, the annual incidence of spinal cord injury (SCI) in the US is around 54 cases per one million persons, or around 17,810 new SCI cases each year.
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Market Coverage
Segment Covered-
- By Product Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Stryker Corp, Zimmer Biomet Holding, Inc., and Smith & Nephew plc, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Orthopedic Bone Cement and Casting Materials Market Report by Segment
By Product Type
- Bone Cement
- Polymethyl Methacrylate (PMMA)
- Acrylate Based Plastics
- Others
- Casting Materials
- Plaster
- Fiberglass
By Application
- Joint Arthroplasty
- Trauma Cases
- Sports Injury
- Spine Surgeries
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