Global Bone Cement Market Size By Product (Polymethyl Methacrylate (PMMA) Cement, Glass Polyalkenoate Cement, Calcium Phosphate Cement), By Application (Arthroplasty), By Geographic Scope And Forecast

Bone Cement Market Size And Forecast

Bone Cement Market size was valued at USD 1.29 Billion in 2024 and is projected to reach USD 2.03 Billion by 2031, growing at a CAGR of 5.8% from 2024 to 2031.

• Bone cement is a synthetic, self-curing organic or inorganic compound used in orthopedic and trauma surgery to secure artificial joints (such as the hip, knee, shoulder, and elbow) to the bone.
• It works as a space filler, ensuring a snug fit between the bone’s uneven surfaces and the prosthesis. Bone cement lacks inherent adhesive characteristics and relies on a mechanical connection between the bone and the implant.
• Furthermore, the primary role of bone cement is to effectively transfer forces from the bone to the implant, and vice versa.

Global Bone Cement Market Dynamics

The key market dynamics that are shaping the bone cement market include

Key Market Drivers

• Increasing Prevalence of Osteoporosis and Osteoarthritis The increased incidence of bone ailments is a major driver of the bone cement market. According to the International Osteoporosis Foundation, one in every three women and one in every five men over the age of 50 will sustain an osteoporotic fracture in their lifetime. In Europe alone, the number of osteoporotic fractures is expected to rise from 3.5 million in 2010 to 4.5 million in 2025, a 28% increase. This expanding patient population is expected to increase demand for bone cement in a variety of orthopedic treatments.
• Growth in Hip and Knee Replacement Surgeries The increasing number of joint replacement procedures is driving up the need for bone cement. According to the American Academy of Orthopedic Surgeons, the number of total knee replacement surgeries in the United States is expected to increase by 673% by 2030, reaching 3.48 million treatments annually. Similarly, total hip replacements are predicted to skyrocket by 171% to 572,000 surgeries annually by 2030. The significant increase in joint replacement procedures worldwide is a primary driver for the bone cement market.
• Aging Population WorldwideThe global aging population is driving the expansion of the bone cement industry. According to the United Nations, the global population of people aged 65 and up is expected to more than double by 2050, reaching 1.5 billion. According to Eurostat, the proportion of Europeans aged 65 and up is expected to rise from 19.8% in 2020 to 30.3% by 2060. This demographic shift is projected to increase the prevalence of age-related bone diseases and fractures, driving up demand for bone cement in various orthopedic treatments.

Key Challenges

• High Pricing Pressure Due to the fierce competition among manufacturers, the bone cement market is under strong pricing pressure. The high cost of creating and producing novel bone cement solutions makes it challenging for businesses to sustain profitability and strong profit margins. Healthcare cost-cutting strategies and scrutiny of medical bills increase the pricing challenges.
• Preference for Cementless Implantation Procedures There is increased interest among physicians and patients in cementless joint replacement procedures that use press-fit or biologic fixation methods rather than bone cement. The adoption of these alternative approaches slows the growth of the traditional bone cement market.

Key Trends

• Increasing Demand for Antibiotic-Loaded Bone Cement Antibiotic-loaded bone cement is increasingly being used in orthopedic surgeries to lower the risk of surgical site infection. Antibiotic-loaded cement provides for tailored antibiotic distribution to the implant site, which improves infection prevention and patient outcomes. To meet demand, major firms are investing in the development of sophisticated antibiotic-loaded cement formulations.
• Rise of Minimally Invasive Procedures The use of minimally invasive orthopedic operations like kyphoplasty and vertebroplasty is on the rise. These methods use bone cement to fix spinal compression fractures through small incisions, resulting in less patient trauma and shorter recovery times than open surgeries. The increasing desire for minimally invasive techniques is propelling the bone cement market forward.
• Increasing Prevalence of Osteoporosis and Arthritis The increasing prevalence of osteoporosis and osteoarthritis, particularly among the elderly, is driving demand for joint replacement and fracture treatment techniques that include bone cement. As the global population ages, the demand for arthroplasty and other orthopedic surgeries using bone cement is predicted to rise significantly.

Global Bone Cement Market Regional Analysis

Here is a more detailed regional analysis of the bone cement market

North America

• According to Market Research, North America is estimated to dominate the bone cement market over the forecast period. North America has a large population affected by bone ailments, which drives up demand for bone cement. The Centers for Disease Control and Prevention (CDC) estimates that over 32.5 million adults in the United States suffer from osteoarthritis. According to the National Osteoporosis Foundation, around 10 million Americans have osteoporosis, and another 44 million have poor bone mass, putting them at a greater risk of developing osteoporosis. These high numbers add to the region’s increased demand for bone cement in a variety of orthopedic operations.
• The increasing number of hip and knee replacement procedures in North America is a major driver of the bone cement market. The American Academy of Orthopedic Surgeons (AAOS) predicts that by 2030, total knee replacement surgeries in the United States will increase by 189% to 1.28 million treatments per year, while total hip replacements will increase by 171% to 635,000 procedures per year. This large increase in joint replacement surgeries is driving up demand for bone cement in the region.
• Furthermore, the elderly population in North America is driving the expansion of the bone cement market. According to the United States Census Bureau, the number of Americans aged 65 and up is expected to nearly double, from 52 million in 2018 to 95 million by 2060. According to Statistics Canada, the proportion of the population aged 65 and over is predicted to rise from 17.5% in 2019 to between 21.4% and 29.5% in 2068. This demographic transition is expected to increase the prevalence of age-related bone diseases and fractures, driving up demand for bone cement in a variety of orthopedic treatments across North America.

Europe

• Europe region is estimated to exhibit substantial growth during the forecast period. Europe’s growing aging population is a major driver of the bone cement market. According to Eurostat, the proportion of EU residents aged 65 and older is expected to rise from 20.3% in 2019 to 30.3% by 2070. This demographic shift is associated with an increase in osteoporosis incidences. According to the International Osteoporosis Foundation, the number of people with osteoporosis in the EU is anticipated to increase by 23% between 2010 and 2025, from 27.5 million to 33.9 million. This expanding patient population is expected to increase demand for bone cement in a variety of orthopedic treatments.
• The increasing number of joint replacement procedures is considerably driving the European bone cement market forward. According to the European Federation of National Associations of Orthopedics and Traumatology (EFORT), the number of hip replacements in Europe is forecast to rise by 72% between 2015 and 2030, while knee replacements are expected to climb by 137% during the same time. The number of hip replacements in Germany climbed from 213,935 in 2009 to 239,163 in 2019, according to the German Federal Statistical Office. This significant increase in joint replacement surgeries is a major driver of the bone cement market in Europe.
• Furthermore, the use of less invasive surgical techniques, particularly vertebroplasty and kyphoplasty procedures, is increasing demand for bone cement in Europe. The European Spine Journal reported that the number of vertebroplasty and kyphoplasty treatments in Europe increased by almost 30% between 2010 and 2020. The number of vertebroplasty treatments in France went from 11,000 in 2010 to more than 15,000 in 2020, according to the French National Authority for Health (HAS). This trend toward minimally invasive procedures is projected to continue, driving the bone cement market in Europe.

Asia Pacific

• The Asia Pacific region is estimated to exhibit the highest growth during the forecast period. The Asia Pacific region is experiencing a rapid increase in its older population, which is a major driver of the bone cement market. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the region’s elder population (aged 65 and more) is predicted to more than double from 535 million in 2015 to around 1.3 billion by 2050. In countries such as Japan, the proportion of people aged 65 and more is expected to reach 38% by 2050. This demographic shift is expected to increase the prevalence of age-related bone diseases and fractures, driving up demand for bone cement in orthopedic treatments.
• The rising incidence of osteoporosis in Asia Pacific is a major driver of the bone cement market. The International Osteoporosis Foundation estimates that by 2050, Asia will account for more than half of all osteoporotic hip fractures. In China alone, the number of people with osteoporosis is expected to rise from 83.9 million in 2010 to 212 million by 2050. The expanding patient population is predicted to increase demand for bone cement in a variety of orthopedic surgeries and treatments.
• Furthermore, the Asia Pacific region is experiencing an increase in joint replacement procedures, notably hip and knee replacements, which is boosting the bone cement market. According to a study published in The Lancet, the number of total hip replacements in China is expected to rise from 400,000 in 2020 to 1.8 million in 2050, a 350% increase. In India, the number of knee replacement surgeries is increasing at a rate of 15-20% every year, according to the Indian Society of Hip and Knee Surgeons. The huge increase in joint replacement surgeries across the region is a major factor driving up demand for bone cement.

Global Bone Cement MarketSegmentation Analysis

The Global Bone Cement Market is segmented based on Product, Application, and Geography.

Bone Cement Market, By Product

• Polymethyl Methacrylate (PMMA) Cement
• Glass Polyalkenoate Cement
• Calcium Phosphate Cement

Based on Product, the market is segmented into Polymethyl Methacrylate (PMMA) Cement, Glass Polyalkenoate Cement, and Calcium Phosphate Cement. The polymethyl methacrylate (PMMA) segment is estimated to dominate the bone cement market. PMMA cement is the most commonly utilized variety due to its convenience of application, high mechanical qualities, and proven track record in joint replacement surgery. The increased demand for arthroplasty surgeries, notably in North America and Europe, is a major element driving the PMMA cement segment’s dominance.

Bone Cement Market, By Application

• Arthroplasty
• Total Knee Arthroplasty
• Total Shoulder Arthroplasty
• Total Hip Arthroplasty
• Others

Based on Application, the market is segmented into Arthroplasty and Others. The arthroplasty segment is estimated to dominate the bone cement market due to the increasing frequency of osteoarthritis and an aging population that requires joint replacement surgery. Total hip arthroplasty is expected to be the fastest-expanding application segment, driven by the rising prevalence of hip fractures and the increasing adoption of hip replacement treatments. The demand for bone cement in arthroplasty is predicted to increase as implant technology and surgical procedures improve patient outcomes.

Bone Cement Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Based on Geography, the bone cement market is classified into North America, Europe, Asia Pacific, and the Rest of the world. According to the analyst, North America is estimated to dominate during the forecasted period owing to factors such as increased accident rates, growth in the frequency of degenerative illnesses, and the region’s concentration of market participants. The increasing number of joint replacement procedures, especially in the United States, is a significant driver of market expansion in North America.

Key Players

The “Bone Cement Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Stryker Corporation, Zimmer Biomet, Smith+Nephew, DePuy Synthes, and Medtronic.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Bone Cement Market Recent Developments

• In June 2024, Stryker, a premier medical technology company, introduced its new Simplex™ R Bone Cement. The new cement is intended for use in orthopedic treatments and has better handling and curing characteristics. Stryker noted that the launch broadens its offering of bone cement solutions to address rising demand in the orthopedics industry.
• In April 2024, Johnson & Johnson’s DePuy Synthes division bought Tecres S.p.A., an Italian bone cement company. DePuy Synthes will be able to strengthen its bone cement solutions as well as increase its foothold in Europe as a result of the acquisition. Tecres is well-known for its revolutionary bone cement formulations used in joint replacement and trauma operations.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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