Europe Bone Cement Market Overview
According to SPER Market Research, the Europe Bone Cement Market is estimated to reach USD 0.395 billion by 2033 with a CAGR 5.93%.
Bone cement is a material commonly used in orthopaedic surgery to anchor implants, such as joint replacements or fracture fixation devices, to bone. It is a type of acrylic polymer that is typically made from a powder and liquid that are mixed together just before use. When the two components are combined, a chemical reaction occurs that causes the mixture to harden and become solid. The resulting bone cement has a putty-like consistency that allows it to be moulded into the desired shape and pressed into the bone, where it hardens and forms a secure bond with the implant. Bone cement is typically made from materials that are biocompatible, meaning they do not cause harm or adverse reactions when they encounter living tissue.
Exploring the Growth Drivers of the Europe Bone Cement Industry
The Europe bone cement industry is expected to grow in the coming years due to several key growth drivers. Firstly, the increasing prevalence of orthopaedic diseases and conditions such as arthritis and osteoporosis are expected to drive demand for bone cement products, as these conditions often require surgical interventions such as joint replacements that utilize bone cement. Secondly, the aging population in Europe is expected to contribute to the growth of the bone cement industry, as older individuals are more likely to require orthopaedic surgeries. Additionally, advancements in bone cement technology and the development of new and innovative products are expected to further drive growth in the industry, as healthcare providers and patients seek out products that offer improved outcomes and reduced risk of complications. Finally, the increasing focus on outpatient surgery and minimally invasive procedures is also expected to drive demand for bone cement products, as these procedures often require the use of bone cement to anchor implants.
What challenges does the Europe Bone Cement Market face?
Despite the growth drivers, the Europe bone cement market also faces several challenges that may impact its growth and expansion. One of the main challenges is the increasing competition from alternative products and technologies. Additionally, the increasing cost of healthcare and the pressure to reduce healthcare spending may also pose a challenge to the bone cement market, as healthcare providers may be hesitant to invest in expensive orthopaedic surgeries that utilize bone cement. Another challenge facing the industry is the potential for adverse events and complications related to the use of bone cement, such as implant loosening or bone fractures. Finally, regulatory issues and changes in reimbursement policies may also pose a challenge to the bone cement market, as changes in these areas can impact the availability and pricing of bone cement products. Overall, these challenges highlight the need for ongoing innovation and investment in the Europe bone cement market to ensure continued growth and success.
In what ways has the COVID-19 pandemic affected Europe Bone Cement Market?
The COVID-19 pandemic has had a significant impact on the Europe bone cement market. One of the main effects has been the postponement or cancellation of elective surgeries, including many orthopaedic procedures that utilize bone cement. This has resulted in a decrease in demand for bone cement products, as healthcare providers have been focused on treating COVID-19 patients and limiting the spread of the virus. The economic impact of the pandemic has also influenced the bone cement market, with many healthcare providers facing financial challenges and struggling to invest in expensive surgical procedures.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application, By End User
|
| Regions covered | Germany, United Kingdom, France, Italy, Spain, Rest of Europe
|
| Companies Covered | Arthrex, Inc., Cardinal Health, Inc., Heraeus Medical LLC, Johnson & Johnson MedTech (Depuy Synthes), LABORATORIOS SL S.A., Medtronic plc, Smith & Nephew plc, Stryker Corporation, Teknimed, Zimmer Biomet Holdings, Inc, Others
|
Key Target Audience:
- Orthopaedic surgeons and other healthcare providers
- Hospitals and surgical centres
- Medical device manufacturers and suppliers
- Academic and research institutions
Europe Bone Cement Market Segmentation:
1. By Product Type:
- Europe Bone Cement Market Value Share and Forecast, By Product Type, 2023-2033
- Calcium Phosphate Cement (CPC)
- Glass Polyalkenoate Cement (GPC)
- Polymethyl Methacrylate Cement (PMMA)
2. By Application:
- Europe Bone Cement Market Value Share and Forecast, By Application, 2023-2033
- Arthroplasty
- Kyphoplasty
- Vertebroplasty
3. By End User:
- Europe Bone Cement Market Value Share and Forecast, By End User, 2023-2033
- Ambulatory Surgery Centres (ASCs)
- Clinics
- Hospitals
4. By Region:
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
Key Topics Covered in the Report:
- Europe Bone Cement Market Size (FY’2023-FY’2033)
- Overview of Europe Bone Cement Market
- Segmentation of Europe Bone Cement Market By Product Type (Calcium Phosphate Cement (CPC), Glass Polyalkenoate Cement (GPC), Polymethyl Methacrylate Cement (PMMA), Others)
- Segmentation of Europe Bone Cement Market By Application (Arthroplasty, Kyphoplasty, Vertebroplasty)
- Segmentation of Europe Bone Cement Market By End User {Ambulatory Surgery Centres (ASCs), Clinics, Hospitals}
- Statistical Snap of Europe Bone Cement Market
- Growth Analysis of Europe Bone Cement Market
- Problems and Challenges in Europe Bone Cement Market
- Competitive Landscape in the Europe Bone Cement Market
- Impact of COVID-19 and Demonetization on Europe Bone Cement Market
- Details on Recent Investment in Europe Bone Cement Market
- Competitive Analysis of Europe Bone Cement Market
- Key Players in the Europe Bone Cement Market
- SWOT Analysis of Europe Bone Cement Market
- Europe Bone Cement Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity, and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Bone Cement Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Bone Cement Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Bone Cement Market
7. Europe Bone Cement Market, By Product Type (USD Million)
7.1. Europe Bone Cement Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Calcium Phosphate Cement (CPC)
7.3. Glass Polyalkenoate Cement (GPC)
7.4. Polymethyl Methacrylate Cement (PMMA)
7.5. Others
8. Europe Bone Cement Market, By Application (USD Million)
8.1. Europe Bone Cement Market Value Share and Forecast, By Application, 2023-2033
8.2. Arthroplasty
8.3. Kyphoplasty
8.4. Vertebroplasty
9. Europe Bone Cement Market, By End User (USD Million)
9.1. Europe Bone Cement Market Value Share and Forecast, By End User, 2023-2033
9.2. Ambulatory Surgery Centres (ASCs)
9.3. Clinics
9.4. Hospitals
10. Europe Bone Cement Market Forecast, 2019-2033 (USD Million)
10.1. Europe Bone Cement Market Size and Market Share
11. Europe Bone Cement Market, By Product Type, 2019-2023 (USD Million)
11.1. Europe Bone Cement Market Size and Market Share by Product Type (2019-2026)
11.2. Europe Bone Cement Market Size and Market Share by Product Type (2027-2033)
12. Europe Bone Cement Market, By Application, 2019-2023 (USD Million)
12.1. Europe Bone Cement Market Size and Market Share by Application (2019-2026)
12.2. Europe Bone Cement Market Size and Market Share by Application (2027-2033)
13. Europe Bone Cement Market, By End User, 2019-2023 (USD Million)
13.1. Europe Bone Cement Market Size and Market Share by End User (2019-2026)
13.2. Europe Bone Cement Market Size and Market Share by End User (2027-2033)
14. Europe Bone Cement Market, By Region, 2019-2023 (USD Million)
14.1. Europe Bone Cement Market Size and Market Share by Region (2019-2026)
14.2. Europe Bone Cement Market Size and Market Share by Region (2027-2033)
14.3. Germany
14.4. United Kingdom
14.5. France
14.6. Italy
14.7. Spain
14.8. Rest of Europe
15. Company Profile
15.1. Arthrex, Inc.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Cardinal Health, Inc.
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Heraeus Medical LLC
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Johnson & Johnson MedTech (Depuy Synthes)
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. LABORATORIOS SL S.A.
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Medtronic plc
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Smith & Nephew plc
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Stryker Corporation
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Teknimed
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Zimmer Biomet Holdings, Inc
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
