The North America bone cement market reached a value of around USD 349.02 million in 2023. The North America bone cement market is expected to grow at a CAGR of 5.80% between 2024 and 2032, reaching a value of USD 580.57 million by 2032.
North America Bone Cement Market: Introduction
The North America Bone Cement Market is a vital segment within the medical device industry, playing a crucial role in orthopedic surgeries such as joint replacement and spinal procedures. Bone cement is used to anchor artificial joints and prostheses to the bone, providing stability and support. The market is driven by an aging population, increasing prevalence of osteoporosis, and the rising number of orthopedic surgeries. With advancements in bone cement compositions and the introduction of antibiotic-loaded variants to prevent infection, the market is poised for further growth. This sector is supported by robust healthcare infrastructure and a focus on improving surgical outcomes in North America.
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Key Trends in the North America Bone Cement Market
Advancements in Bone Cement Formulations: There is ongoing innovation in the formulation of bone cements, with a focus on improving the mechanical properties, reducing the curing time, and enhancing the biocompatibility. Companies are also developing antibiotic-loaded bone cements to reduce the risk of post-surgical infections.
Increasing Demand for Minimally Invasive Surgeries: The shift towards minimally invasive surgeries is influencing the bone cement market, as these procedures require highly effective cementing techniques to ensure the longevity and stability of implants. This trend is driving demand for bone cements that can be precisely applied and offer quick setting times.
Rise in Orthopedic Procedures Among Aging Population: With the aging population in North America, there is a significant increase in orthopedic surgeries, including knee, hip, and spinal surgeries. This demographic trend is boosting the demand for bone cement, essential for the success of these surgical interventions.
Focus on Customized Solutions: Personalized medicine is extending into the orthopedic space, with bone cements being tailored for individual patient needs based on age, activity level, and specific health conditions. This personalization aims to improve patient outcomes and implant longevity.
Regulatory and Safety Standards: The market is also influenced by stringent regulatory standards that ensure the safety and efficacy of bone cements. Manufacturers are continually working to meet these regulations, which in turn drives innovation and improvements in product quality.
Sustainability and Environmental Concerns: There is an increasing awareness about the environmental impact of medical supplies, including bone cement. This is prompting manufacturers to explore more sustainable manufacturing processes and materials that reduce the ecological footprint while maintaining product integrity.
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North America Bone Cement Market Segmentation
Market Breakup by Product
- Calcium Phosphate Cement (CPC)
- Glass Polyalkenoate Cement
- Polymethyl Methacrylate (PMMA) Cement
Market Breakup by Application
- Kyphoplasty
- Arthroplasty
- Vertebroplasty
Market Breakup by End User
- Hospital
- Ambulatory Surgical Centres
- Clinics
Market Breakup by Country
- United States of America
- Canada
North America Bone Cement Market Overview
United States of America
The United States is the largest contributor to the North America Bone Cement Market. The U.S. market is propelled by:
High Volume of Orthopedic Surgeries: The U.S. witnesses a large number of orthopedic procedures annually, driven by an aging population and high incidences of osteoporosis and arthritis.
Advanced Healthcare Infrastructure: Robust healthcare facilities and a significant focus on surgical advancements enhance the adoption of innovative bone cement products.
Strong Regulatory Framework: The FDA’s stringent approval process ensures that only the safest and most effective bone cements reach the market, influencing product standards and innovation.
Leading Market Players: The presence of key industry players in the U.S. drives research and development activities, fostering innovations in bone cement technologies.
While smaller in comparison to the U.S., Canada’s bone cement market is characterized by steady growth and is driven by several factors:
Increasing Orthopedic Surgeries: Similar to the U.S., Canada sees a growing number of orthopedic surgeries related to an aging population and sports injuries, which boosts the demand for bone cement.
Healthcare Policy and Funding: Canadian healthcare policies support surgical advancements and the adoption of newer technologies in medical treatments, including the use of advanced bone cement.
Focus on Quality and Safety: Canadian regulations emphasize the quality and safety of medical devices, influencing the types of bone cement that are approved for use in the medical field.
Collaborations in Healthcare: Partnerships between Canadian healthcare providers and international medical technology firms help bring advanced bone cement products to the Canadian market.
North America Bone Cement Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Medical Device Business Services, Inc.
Medical Device Business Services, Inc., a subsidiary of Johnson & Johnson, is a key player in the global medical device market. Headquartered in New Jersey, USA, the company focuses on developing, manufacturing, and marketing a broad range of innovative medical devices and technology. Its product portfolio spans various categories, including orthopedics, surgery, cardiovascular, diabetes care, and vision care. Medical Device Business Services, Inc. is committed to enhancing patient care and outcomes through continuous innovation in medical technology. The company leverages Johnson & Johnson’s extensive research and development capabilities to meet the evolving needs of healthcare providers and patients worldwide.
- Stryker
Stryker Corporation is a globally recognized leader in medical technology, offering innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine. Founded in 1941 and headquartered in Kalamazoo, Michigan, Stryker’s mission is to enhance patient and hospital outcomes. The company’s diverse product lineup includes surgical equipment, neurosurgical, spinal, and ENT devices, as well as a wide range of implants for joint replacement and trauma surgeries. Renowned for its commitment to quality and patient safety, Stryker consistently invests in R&D to push the boundaries of medical science, driving advancements that improve healthcare across the globe..
- Zimmer Biomet Holdings, Inc.
Zimmer Biomet Holdings, Inc. is a global leader in musculoskeletal healthcare, renowned for designing, manufacturing, and marketing orthopedic reconstructive products, sports medicine, biologics, extremities and trauma products, office-based technologies, spine, craniomaxillofacial, and thoracic products, dental implants, and related surgical products. Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer Biomet’s innovations and solutions aim to alleviate pain, improve patient outcomes, and restore mobility. With a commitment to patient care, the company operates in over 25 countries and sells products in more than 100 countries, making it a pivotal player in the global healthcare landscape.
- Smith & Nephew plc
Smith & Nephew plc is a global medical technology company headquartered in London, UK. Specializing in orthopedic reconstruction, sports medicine, and wound management, it provides innovative solutions to healthcare professionals worldwide. With a history dating back over 160 years, the company is renowned for its cutting-edge products, including advanced wound care dressings, joint replacement implants, and arthroscopic devices. Smith & Nephew operates in more than 100 countries, serving patients and healthcare providers with a commitment to improving outcomes and enhancing quality of life through its diverse portfolio of medical technologies and services.
- Medtronic
Medtronic is a global healthcare technology company focusing on medical devices and therapies to alleviate pain, restore health, and extend life. Founded in 1949, it pioneers innovations in areas like cardiac rhythm management, neurostimulation, insulin pumps, and surgical technologies. Medtronic’s diverse portfolio addresses conditions such as heart disease, diabetes, neurological disorders, and spinal conditions. With operations in more than 150 countries, it collaborates with healthcare professionals to improve patient outcomes and enhance efficiency in healthcare delivery. Committed to advancing medical science, Medtronic emphasizes research, development, and partnerships to address evolving healthcare challenges worldwide.
Other key players in the market include:
- DJO, LLC
- Globus Medical, Inc
- Arthrex, Inc.
- Cardinal Health, Inc.
- Heraeus Medical LLC
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