Bone cement is a crucial biomaterial used in orthopedic surgeries, particularly in joint replacement procedures and vertebroplasty. It serves as a binding agent between prosthetic implants and natural bone tissue, providing stability and support to artificial joints. The material consists of two components: a liquid monomer and a powdered polymer, which when mixed, form a dough-like consistency that hardens over time. Bone cement's significance lies in its ability to provide immediate fixation strength, enabling patients to mobilize quickly after surgery. The material's versatility allows its application in various orthopedic procedures, including hip replacements, knee arthroplasty, and spinal surgeries. Additionally, antibiotic-loaded bone cement has emerged as an effective solution for preventing post-surgical infections, further expanding its therapeutic value. The growing elderly population, increasing incidence of bone-related disorders, and technological advancements in surgical procedures have significantly boosted market demand.
The bone cement market is estimated to be valued at USD 997.1 Mn in 2024 and is expected to reach USD 1,534.5 Mn by 2031, growing at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
The growing Bone Cement Market Demand is primarily driven by the increasing prevalence of orthopedic conditions, particularly osteoarthritis and osteoporosis. The rising number of joint replacement surgeries, especially in developed countries, has created a substantial market for bone cement products. Furthermore, the aging population's susceptibility to bone-related disorders and fractures has contributed significantly to market growth, as elderly patients often require surgical interventions involving bone cement.
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