Bone Cement Market Share in the US is Expected to Grow by USD 165.89 million During the Forecast 2021-2025
The bone cement market share in the US will post an incremental growth of USD 165.89 million, progressing at a CAGR of 6% during the forecast period. The market is fragmented due to the presence of several players and the vendors are deploying growth strategies such as launching new application security solutions and upgrading their existing solutions to compete in the market.
Technavio's research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Bone Cement Market in the US: Segments and Leading Regions
The bone cement market in the US research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The bone cement market in the US is segmented by product (Antibiotic-loaded bone cement and Non-antibiotic bone cement) and end-user (Hospitals, ASCs, and Others).
- The growing adoption of minimally invasive techniques will significantly influence the bone cement market in the US.
- The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the bone cement market size in the US.
Bone Cement Market in the US: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- A significant factor in driving the growth of the bone cement market size in the US is the increase in the number of orthopedic surgeries due to the rise in trauma cases.
- The increasing geriatric population is another factor that will be instrumental in driving the market growth during the forecast period.
- The growing adoption of minimally invasive techniques is the major bone cement market trend in the US which will positively influence the growth of the market.
- Complex regulatory framework and product recall is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.
Bone Cement Market in the US: Vendor Analysis
- The market is fragmented due to the presence of several vendors.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- aap Implantate AG, Colfax Corp., Heraeus Holding GmbH, Johnson and Johnson, Medtronic Plc, Olympus Corp., Smith and Nephew Plc, Stryker Corp., TEKNIMED, and Zimmer Biomet Holdings Inc. are some of the major bone cement market vendors in the US.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerating at a CAGR of 6%.
- What is the incremental growth of the market?
The market is expected to grow by USD 165.89 million.
- What is a key factor driving this market?
An increase in the number of orthopedic surgeries due to the rise in trauma cases will drive market growth over the forecast period.
- Who are the leading market vendors?
The leading vendors in this market are aap Implantate AG, Colfax Corp., Heraeus Holding GmbH, Johnson and Johnson, Medtronic Plc, Olympus Corp., Smith and Nephew Plc, Stryker Corp., TEKNIMED, and Zimmer Biomet Holdings Inc.
- What are the market segments covered in this report?
The market is segmented by Product (Antibiotic-loaded bone cement and Non-antibiotic bone cement) and End-user (Hospitals, ASCs, and Others).