Bone Cement and Glue Market Growing at a CAGR of 5.9% | Leading Companies are Zimmer Biomet (US), Stryker (US), DePuy Synthes (US)

PUNE, India, 2020-Apr-16 — /EPR Network/ —

[161 Pages Report] The Bone Cement and Glue Market is expected to reach USD 1,322.6 Million, at a CAGR of 5.9%.

Research Methodology

Top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent submarkets. The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation—by type, application, end user, and region) through percentage splits from secondary and primary research.

The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained. Various secondary sources such as Alabama Orthopaedic Society (AOS), American Association of Hip and Knee Surgeons (AAHKS), American College of Sports Medicine (ACSM), American Orthopaedic Society for Sports Medicine (AOSSM), Arthroscopy Association of North America (AANA), Asia Pacific Arthroplasty Association (APAS), Australian Knee Society (AusKS), British Association for Surgery of the Knee (BASK), British Orthopaedic Association (BOA)

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131540876

Industry Segmentation in Detailed: 

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.

On the basis of end user, the bone cement market is segmented into hospitals, clinics/physician offices, and ambulatory surgery centers (ASCs). The hospitals segment is estimated to account for the largest share of the global bone glue market. Growth in the number of hospitals coupled with increasing number of hospitals in-patient-based orthopedic surgeries are major factors driving the growth of this segment.

Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=131540876

Geographical Analysis:

The global bone cement market is dominated by North America, followed by Europe. North America will continue to dominate the global bone glue market in the forecast period. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered in Japan, China, and India. Factors such as rising focus of major players in emerging Asian countries and government support are driving the growth of the global market in this region.

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.