Asia Pacific Bone Cement Market Overview
According to SPER Market Research, the Asia Pacific Bone Cement Market is estimated to reach USD 0.43 billion by 2033 with a CAGR 6.88%.
The Asia Pacific Bone Cement Market refers to the market for biomaterials that are used to repair fractures, support joint arthroplasty, and fill in gaps between implant prosthesis and the bone. The market covers a wide range of products, including acrylic-based bone cement, calcium phosphate-based bone cement, and glass-based bone cement. The Asia Pacific region is a significant contributor to the global bone cement market and is expected to experience robust growth in the coming years. The growth is being driven by the increasing prevalence of injuries and fractures, caused by physically demanding jobs and hectic lifestyles, as well as the region's aging population.
Exploring the Growth Drivers of the Asia Pacific Bone Cement Industry
Bone cement is a type of biomaterial that is used to repair fractures, support joint arthroplasty, and fill in gaps between implant prosthesis and the bone. It is a fine powder that is mixed with a liquid to create a paste, providing additional stability and strength to artificial implants. The Asia Pacific bone cement market is seeing growth due to an increasing prevalence of injuries, fractures, and dislocations, caused by physically demanding jobs and hectic lifestyles. The region's major polymethyl methacrylate bone cement manufacturers also contribute to this growth.
What challenges does the Asia Pacific Bone Cement Market face?
The Asia Pacific Bone Cement Market faces several challenges that could hinder its growth in the future. One of the major challenges is the availability of raw materials, as the production of bone cement requires a steady supply of high-quality components. Additionally, the lack of skilled healthcare professionals who are trained to use bone cement in surgical procedures could limit its adoption. The high cost of bone cement products could also be a hindrance, particularly for patients with limited financial resources. Despite these challenges, the Asia Pacific Bone Cement Market is expected to continue growing, driven by the increasing prevalence of injuries and fractures, technological advancements, and the expanding healthcare sector.
In what ways has the COVID-19 pandemic affected Asia Pacific Bone Cement Market?
The COVID-19 pandemic has had a significant impact on the Asia Pacific Bone Cement Market. The bone cement market is an important segment of the medical device industry, and it is used extensively in orthopaedic surgeries. The pandemic has resulted in a reduction in the number of elective surgeries performed in hospitals due to the need to prioritize resources for COVID-19 patients. This reduction in surgeries has led to a decline in demand for bone cement. On the other hand, the pandemic has also resulted in an increased focus on telemedicine and remote consultations, which has led to the development of new technologies and tools that can be used to enhance the delivery of healthcare services. This trend has led to an increased demand for bone cement products that can be used in minimally invasive surgical procedures.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Product, By Application, By End Use
|
| Regions covered | China, Japan, South Korea, India, Australia, South East Asia, Rest of Asia Pacific
|
| Companies Covered | Alphatec Spine, B. Braun Melsungen AG, Cook Medical, DJO Global, G-2, Heraeus Medical, Johnson & Johnson, Medacta International, Medtronic, Osseon, Smith & Nephew, Stryker, Tecres, TEKNIMED, TSMR
|
Key Target Audience
- Hospitals
- Clinics
- Surgeons
- Medical Device Distributors
Asia Pacific Bone Cement Market Segmentation:
1. By Type:
- Asia Pacific Bone Cement Market Value Share and Forecast, By Type, 2023-2033
- Low Viscosity Cements
- Medium Viscosity Cements
- High Viscosity Cements
2. By Product:
- Asia Pacific Bone Cement Market Value Share and Forecast, By Product, 2023-2033
- Calcium Phosphate Cement (CPC)
- Glass Polyalkenoate Cement
- Polymethyl Methacrylate (PMMA) Cement
3. By Application:
- Asia Pacific Bone Cement Market Value Share and Forecast, By Application, 2023-2033
- Kyphoplasty
- Arthroplasty
- Vertebroplasty
4. By End Use:
- Asia Pacific Bone Cement Market Value Share and Forecast, By End Use, 2023-2033
- Hospitals
- Ambulatory Surgical Centres
- Clinics
5. By Region:
- China
- Japan
- South Korea
- India
- Australia
- South East Asia
- Rest of Asia Pacific
Key Topics Covered in the Report:
- Asia Pacific Bone Cement Market Size (FY’2023-FY’2033)
- Overview of Asia Pacific Bone Cement Market
- Segmentation of Asia Pacific Bone Cement Market By Type (Low Viscosity Cements, Medium Viscosity Cements, High Viscosity Cements)
- Segmentation of Asia Pacific Bone Cement Market By Products (Calcium Phosphate Cement (CPC), Glass Polyalkenoate Cement, Polymethyl Methacrylate (PMMA) Cement}
- Segmentation of Asia Pacific Bone Cement Market By Application (Kyphoplasty, Arthroplasty, Vertebroplasty)
- Segmentation of Asia Pacific Bone Cement Market By End Use (Hospitals, Ambulatory Surgical Centres, Clinics)
- Statistical Snap of Asia Pacific Bone Cement Market
- Growth Analysis of Asia Pacific Bone Cement Market
- Problems and Challenges in Asia Pacific Bone Cement Market
- Competitive Landscape in the Asia Pacific Bone Cement Market
- Impact of COVID-19 and Demonetization on Asia Pacific Bone Cement Market
- Details on Recent Investment in Asia Pacific Bone Cement Market
- Competitive Analysis of Asia Pacific Bone Cement Market
- Key Players in the Asia Pacific Bone Cement Market
- SWOT Analysis of Asia Pacific Bone Cement Market
- Asia Pacific Bone Cement Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Bone Cement Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Bone Cement Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Bone Cement Market
7. Asia Pacific Bone Cement Market, By Type (USD Million)
7.1. Asia Pacific Bone Cement Market Value Share and Forecast, By Type, 2023-2033
7.2. Low Viscosity Cements
7.3. Medium Viscosity Cements
7.4. High Viscosity Cements
8. Asia Pacific Bone Cement Market, By Product (USD Million)
8.1. Asia Pacific Bone Cement Market Value Share and Forecast, By Product, 2023-2033
8.2. Calcium Phosphate Cement (CPC)
8.3. Glass Polyalkenoate Cement
8.4. Polymethyl Methacrylate (PMMA) Cement
9. Asia Pacific Bone Cement Market, By Application (USD Million)
9.1. Asia Pacific Bone Cement Market Value Share and Forecast, By Application, 2023-2033
9.2. Kyphoplasty
9.3. Arthroplasty
9.4. Vertebroplasty
10. Asia Pacific Bone Cement Market, By End Use (USD Million)
10.1. Asia Pacific Bone Cement Market Value Share and Forecast, By End Use, 2023-2033
10.2. Hospitals
10.3. Ambulatory Surgical Centres
10.4. Clinics
11. Asia Pacific Bone Cement Market Forecast, 2019-2033 (USD Million)
11.1. Asia Pacific Bone Cement Market Size and Market Share
12. Asia Pacific Bone Cement Market, By Type, 2019-2023 (USD Million)
12.1. Asia Pacific Bone Cement Market Size and Market Share by Type (2019-2026)
12.2. Asia Pacific Bone Cement Market Size and Market Share by Type (2027-2033)
13. Asia Pacific Bone Cement Market, By Product, 2019-2023 (USD Million)
13.1. Asia Pacific Bone Cement Market Size and Market Share by Product (2019-2026)
13.2. Asia Pacific Bone Cement Market Size and Market Share by Product (2027-2033)
14. Asia Pacific Bone Cement Market, By Application, 2019-2023 (USD Million)
14.1. Asia Pacific Bone Cement Market Size and Market Share by Application (2019-2026)
14.2. Asia Pacific Bone Cement Market Size and Market Share by Application (2027-2033)
15. Asia Pacific Bone Cement Market, By End Use, 2019-2023 (USD Million)
15.1. Asia Pacific Bone Cement Market Size and Market Share by End Use (2019-2026)
15.2. Asia Pacific Bone Cement Market Size and Market Share by End Use (2027-2033)
16. Asia Pacific Bone Cement Market, By Region, 2019-2023 (USD Million)
16.1. Asia Pacific Bone Cement Market Size and Market Share by Region (2019-2026)
16.2. Asia Pacific Bone Cement Market Size and Market Share by Region (2027-2033)
16.3. China
16.4. Japan
16.5. South Korea
16.6. India
16.7. Australia
16.8. South East Asia
16.9. Rest of Asia Pacific
17. Company Profile
17.1. Alphatec Spine
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. B.Braun Melsungen AG
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Cook Medical
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. DJO Global
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. G-21
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Heraeus Medical
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Johnson & Johnson
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Medacta International
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Medtronic
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Osseon
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Smith & Nephew
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product Summary
17.11.4. Recent Developments
17.12. Stryker
17.12.1. Company Details
17.12.2. Financial outlook
17.12.3. Product Summary
17.12.4. Recent developments
17.13. Tecres
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product Summary
17.13.4. Recent developments
17.14. TEKNIMED
17.14.1. Company details
17.14.2. Financial outlook
17.14.3. Product Summary
17.14.4. Recent developments
17.15. TAMRI
17.15.1. Company details
17.15.2. Financial outlook
17.15.3. Product Summary
17.15.4. Recent developments
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope