Orthopedic Bone Cement and Casting Materials Market Size – By Product (Bone Cement {Polymethylmethacrylate (PMMA), Acrylic}, Casting Material {Plaster of Paris, Fiberglass}, By Application (Fracture Management, Joint Replacement, Orthopedic Trauma), By Consumer (Adult, Pediatric), By End-use, & Global Forecast, 2023 – 2032

Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Orthopedic Bone Cement and Casting Materials Market Size – By Product (Bone Cement {Polymethylmethacrylate (PMMA), Acrylic}, Casting Material {Plaster of Paris, Fiberglass}, By Application (Fracture Management, Joint Replacement, Orthopedic Trauma), By Consumer (Adult, Pediatric), By End-use, & Global Forecast, 2023 – 2032

Orthopedic Bone Cement and Casting Materials Industry Analysis

Orthopedic Bone Cement and Casting Materials Market size was valued at around USD 2.9 billion in 2022 and is estimated to reach over USD 6.2 billion by 2032 due to rising prevalence of orthopedic disorders & injuries, advancements in casting materials & techniques, and a growing demand for minimally invasive procedures. This trend has led to the development of alternative casting techniques such as removable or adjustable casts & braces, that allow patients to maintain mobility & engage in rehabilitation exercises.
 

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Furthermore, with the rising number of orthopedic surgeries & fractures, there is a growing demand for orthopedic casting supplies, including casting tapes, bandages, splints, and padding materials among others. This has created opportunities for manufacturers & suppliers of these orthopedic devices. Overall, the industry is expected to experience steady gains in the coming years, driven by growing demand for minimally invasive procedures, increasing usage of orthopedic support systems, etc.
 

Orthopedic bone cement and casting materials are specialized medical products used in the field of orthopedics to treat fractures, bone injuries, and other skeletal conditions. Orthopedic bone cement is a substance commonly used in joint replacement surgeries, such as hip and knee replacements. It is a biocompatible material that fills the gap between the artificial joint and the natural bone. Casting materials are used in the process of immobilizing and supporting fractured bones, allowing them to heal properly.

 

However, adverse reactions & complications associated with the orthopedic bone cement & casting materials may obstruct the segment revenue. Some individuals may develop an allergic reaction to the materials used in bone cement. In severe cases, it may lead to difficulty breathing or anaphylaxis, a life-threatening allergic reaction. The casting materials can cause skin irritation & discomfort, particularly if the cast is improperly fitted or not adequately padded. Prolonged pressure on the skin can lead to pressure sores or ulcers, especially in individuals with limited mobility or sensation.
 

COVID-19 Impact

The COVID-19 pandemic hit the market for bone cement and casting materials hard. People were less likely to have orthopedic surgeries, which include procedures that use these materials. This was because the pandemic put a lot of strain on healthcare systems, and elective surgeries were canceled. Hospitals were busy dealing with COVID-19 patients, so they had to scale back on non-urgent procedures like orthopedic surgeries. Factories that made these materials also had to close or slow down production, which caused shortages and delays. To make things worse, people were trying to avoid going to the doctor for non-urgent stuff, so telehealth became the go-to option for many orthopedic consultations.

However, in 2021, the technological advancements and incorporation of advanced imaging techniques have augmented target disease diagnosis and treatment compliance and promoted the acceptance of products. In addition, some of the procedures if not performed on time may lead to the death of patients.
 

Orthopedic Bone Cement and Casting Materials Market Trends

Imagine getting a cast that fits you like a glove, making your recovery more comfortable and even stylish. Thanks to 3D printing, custom-made casts are becoming a reality. They use your own body scans to create a cast that's tailor-made to your injury, providing the perfect support and immobilization. And guess what? These casts are super lightweight and waterproof, so you can shower without worries. For broken bones, there's a new player in towninjectable bone cement. These cements help fix fractures or bone defects. They're made with special materials that encourage your bones to heal faster. Scientists are even exploring smart casting materials that could monitor your recovery progress or release medication directly to the injury site. How cool is that?

For instance, sensors can be embedded within casts to monitor factors comprising pressure, temperature, and moisture levels. This will allow real-time monitoring of the healing process, early detection of complications, and more targeted treatment approaches.
 

Orthopedic Bone Cement and Casting Materials Product Segmentation

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Orthopedic bone cement and casting materials make up the backbone of the orthopedic market. In 2022, bone cement led the pack, valued at a whopping 1.5 billion USD. Why is bone cement so popular? Well, it's an absolute lifesaver in orthopedic surgery. It acts like the glue that binds implants to our precious bones, especially in joint replacements. This strong bond ensures that the implants stay put, like a rock-solid fortress. This stability is crucial for joint replacements to succeed. It gives patients back their mobility and independence, allowing them to get back on their feet and live life to the fullest. Bone cement also makes minimally invasive surgery possible, which means surgeons can do their magic through tiny incisions.

Moreover, advancements in orthopedic bone cement have focused on improving its properties and performance. Some notable advancements include enhanced biocompatibility, antibiotic-loaded cement, and bioactive additives among others. Novel bone cement formulations have been developed with enhanced mechanical strength. These formulations provide increased durability and resistance to wear, ensuring long-lasting stability of joint replacements.
 

Orthopedic Bone Cement and Casting Materials Application Segmentation

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When it comes to treating broken bones and replacing damaged joints, orthopedic bone cement and casting materials are essential tools. The market for these materials is divided into different areas based on how they're usedFracture managementHelping mend broken bones Joint replacement Replacing damaged joints, like knees and hips Orthopedic traumaTreating severe bone injuries Others Including materials used for surgeries and other bone-related procedures In 2022, the joint replacement segment was the biggest, bringing in over $1.1 billion. This is because orthopedic bone cement and casting materials play a crucial role in joint replacement surgeries. One of the key benefits of these materials is that they can be loaded with antibiotics, which are released directly into the joint during surgery. This helps reduce the risk of infection, a major concern in joint replacement procedures. Infections can lead to the need for a revision surgery, which is more complicated and risky.

The use of antibiotic-loaded bone cement has been shown to reduce the incidence of infection and subsequent revision surgeries, leading to improved patient outcomes. Furthermore, personalized casting is offering better support and immobilization, that is crucial for successful recovery after joint replacement. Novel non-invasive casting materials can be applied externally, making them a less complex and safer option for postoperative care. Casting materials can also be used in a variety of joint replacement procedures and orthopedic conditions. They are not limited to specific joints and can be adapted to different surgical techniques and patient needs.
 

Orthopedic Bone Cement and Casting Materials Consumer Segmentation

Based on consumer, the orthopedic bone cement and casting materials market is segmented as adult and pediatric. The adult segment was valued at around USD 2.2 billion in 2022. This significant expansion is pertaining to the rising prevalence of orthopedic disorders and other chronic diseases in adults and the growing geriatric population base globally.
 

As per the National Institute of Health, in 2020, around 654 million individuals aged 40 years and above were suffering with knee osteoarthritis worldwide. Similarly, adults may require orthopedic surgeries for conditions such as joint replacements, fracture repairs, or spinal surgeries. Orthopedic bone cement is commonly utilized during these procedures to fix implants securely in place or fill bone voids. Orthopedic casting materials are also used to immobilize the injured area, providing stability and facilitating the healing process.
 

Orthopedic Bone Cement and Casting Materials End-use Segmentation

Based on end-use, the orthopedic bone cement and casting materials market is segmented as hospitals, ambulatory surgical centers, and orthopedic clinics. The hospitals segment dominated the market with 55% revenue share in 2022. High adoption of advanced procedures providing improved outcomes will drive the patient preference for hospitals. Increasing admissions with various sports injuries & trauma along with the availability of trained professionals impel the demand for sports medicine products comprising fracture & ligament repair products in these facilities.
 

As per the Johns Hopkins University data, in the U.S., over 3.5 million sports injuries occur every year in the U.S. Additionally, hospitals provide continuous monitoring after procedures, design exercise to restore strength, work closely with patients, and offer physical therapies. Additionally, the surging patient inflow has further increased the product adoption rate.
 

Orthopedic Bone Cement and Casting Materials Regional Analysis

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You know how we're all getting older and our bones are starting to creak and groan? Well, that's leading to a boom in the bone repair business in North America. By 2032, we're expecting the market for stuff like bone cement and casts to hit around $2.8 billion. That's a lot of money to fix up our broken bits! One big reason for this is that more and more people are getting diseases like osteoporosis and arthritis, where their bones get weak and break easily. And when that happens, doctors need to use bone cement and casts to hold everything together. According to some clever folks at the CDC, like 60 million people in the U.S. alone have arthritis. That's a whole lotta creaky knees and achy joints! And as we keep getting older, even more of us will need help fixing up our bones. So yeah, the demand for orthopedic procedures and the stuff we need to do them is only going up. It's a good thing someone's paying attention to our aging bodies!

Orthopedic Bone Cement and Casting Materials Industry Leaders

Some of the major market players operating in the orthopedic bone cement and casting materials market are 3M Health Care, Arthrex, Biomet, BSN medical GmbH, DePuy Synthes (Johnson & Johnson), DJO Global, and Exactech among others.
 

Orthopedic Bone Cement and Casting Materials Industry News

  • In December 2021, DePuy Synthes announced the acquisition of OrthoSpin, Ltd, an Israeli company engaged in manufacturing and production of orthopedic devices and solutions. This acquisition helped the company to enhance their product portfolio in osteoarthritis and increase the available treatment options for a wide customer base thereby generating robust business revenue.
     
  • In November 2020, Stryker announced the acquisition of Wright Medical Group N.V. a medical device company engaged in extremities and biologics. This acquisition helped the company to enhance their market presence in trauma and extremities thereby diversifying their product portfolio and generating a robust business revenue.

Orthopedic bone cement and casting materials market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD (million) from 2018 to 2032 for the following segments

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By Product, 2018 - 2032 (USD Million)

  • Bone Cement  
    • Polymethylmethacrylate (PMMA)
    • Acrylic
    • Others
  • Casting Material
    • Plaster of Paris
    • Fiberglass
    • Others

By Application, 2018 - 2032 (USD Million)

  • Fracture Management
  • Joint Replacement
  • Orthopedic Trauma
  • Others

By Consumer, 2018 - 2032 (USD Million)

  • Adult
  • Pediatric

By End-use, 2018 - 2032 (USD Million)

  • Hospitals
  • Ambulatory surgical centers
  • Orthopedic clinics

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada 
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Poland
    • Switzerland
    • The Netherlands
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Indonesia
    • Philippines
    • Vietnam
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
    • Colombia
    • Peru
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Iran
    • Turkey

 

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