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Global Bone Cement Market 2018: Opportunities, Challenges, and Forecast Report Upto 2022
The global bone glue market is segmented by type, application, end user, and region.
[161 Pages Report] The bone cement market was valued at USD 937.8 Million in 2016 and is expected to reach USD 1,322.6 Million by 2022, at a CAGR of 5.9%. The base year for this study is 2016 and the forecast period is 2017–2022. The market growth is primarily driven by the growing incidence of sports injuries and increasing developments in regenerative medicine field.
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The objectives of this study are as follows:
- To define, describe, segment, and forecast the market by type, application, end user, and region
- To forecast the revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
- To identify micromarkets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market
- To strategically analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To profile the key players and comprehensively analyze their market shares and core competencies in terms of market
Browse and in-depth TOC on “Bone Cement Market”
132 — Tables
37 — Figures
161 — Pages
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By type, the market is segmented into bone cement and bone glue. The bone cement segment is estimated to account for the largest market share of the global market in 2017. Factors driving the growth of this segment include the widespread use of bone cements during orthopedic surgeries.
By application, the bone glue market is classified into arthroplasty, kyphoplasty, vertebroplasty, and other applications. The arthroplasty segment is estimated to account for the largest share of the global glue market. The large share of this segment can be attributed to the increasing demand for bone cement and glue in knee, hip, and shoulder arthroplasty procedures around the globe.
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The factors such as the high degree of consolidation, and complex regulatory framework for the approval of new products may restrain the market’s growth to a certain extent.
Major industry players adopted acquisitions and geographical expansions to maintain and improve their position in the bone cement and glue market. Stryker (US), Zimmer Biomet (US), Heraeus Medical (Germany), Smith & Nephew (UK), and DJO Global (US) have been identified as the key players in this market. These companies have a broad product portfolio with comprehensive features and have also expanded their presence geographically. These leaders also have products for all end users in this market, a strong geographical presence, and they focus on continuous product innovations.
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