According to Future Market Insights’ research, the global bone cement delivery system market is poised for significant growth, projected to expand at a compound annual growth rate (CAGR) of 6.2% over the next decade. This robust expansion will see the market value rise from USD 942.4 million in 2024 to an impressive USD 1,719.8 million by 2034. The market was valued at USD 887.4 million at the end of 2023.
The growing preference for minimally invasive surgical procedures is a key driver of this market growth. Surgeons worldwide are increasingly adopting these techniques to shorten patient recovery times and minimize surgical risks. Minimally invasive surgeries require advanced delivery devices capable of applying bone cement quickly and precisely through small incisions.
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Manufacturers are responding to this demand by developing innovative, user-friendly products designed to meet the requirements of these sophisticated procedures. The trend towards more creative, less invasive treatments is expected to enhance patient comfort and improve surgical outcomes significantly.
“We are witnessing a transformative period in the bone cement delivery system market,” said FMI. “The shift towards minimally invasive procedures is driving technological advancements and innovation in delivery systems, ultimately benefiting patients and healthcare providers alike.”
The adoption of tiny, sophisticated delivery devices is set to revolutionize the industry, providing surgeons with the tools needed to perform complex procedures with greater precision and efficiency. As manufacturers continue to innovate, the future of bone cement delivery systems looks promising, with advancements that will continue to elevate patient care and surgical success rates.
Key Takeaways: Bone Cement Delivery System Market
- The global bone cement delivery system market is expected to reach USD 1,719.8 million by 2034, growing at a CAGR of 6.2%. This is an increase from USD 942.4 million in 2024.
- North America is expected to remain the leader, with Canada at the forefront (CAGR of 3.4%). In Asia Pacific, India is projected for the highest growth (CAGR of 9.2%).
- Increasing bone disorders, rising traffic accidents, technological advancements (minimally invasive procedures), and government healthcare initiatives are driving the market in India.
- Increasing popularity of outpatient orthopedic treatments, minimally invasive surgeries, and an aging population are fueling growth in Spain.
- Shift towards outpatient surgeries, focus on cost-effectiveness and patient comfort, and personalized medicine approaches are driving the U.S. market.
- Knee arthroplasty holds the largest share (34.6%) in 2024.
- Polymethyl methacrylate (PMMA) is expected to dominate the market (81.55% share in 2034) due to its biocompatibility, strength, and ability to bond with bone.
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Competitive Landscape:
The bone cement delivery system market is highly competitive, with leading companies focusing on innovation, strategic collaborations, and regional expansion. These companies are striving for a larger share of the global orthopedic surgery market by developing advanced technologies that enhance surgical precision and improve patient outcomes.
Recent Industry Developments:
- November 2023: Cardinal Health introduced the Smart Gown™ EDGE Breathable Surgical Gown with ASSIST™ Instrument Pockets in the United States, designed to enhance the safety and convenience of surgical teams.
- April 2023: 3M Health Care launched the 3M Veraflo™ Therapy, which includes 3M Veraflo™ Cleanse Choice Complete™ and 3M Veraflo V.A.C. Veraflo Cleanse Choice™ Dressing. This FDA-approved treatment is intended for the hydromechanical removal of pathogenic organisms, nonviable tissue, and wound debris.
Key Players of Bone Cement Delivery System Industry:
- BD
- Stryker Corporation
- 3M
- Cardinal Health
- Entellus Medical
- Johnson & Johnson Services, Inc.
- Medtronic PLC
- Smith & Nephew plc
- IZI Medical Products
- Synimed
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Key Segments of Bone Cement Delivery System Industry:
By Cement Type:
By cement type, the industry is divided into calcium phosphate, Polymethyl Methacrylate and other types.
By Surgery Type:
By surgery type, the industry is divided into knee arthroplasty, kyphoplasty, vertebroplasty and other surgery types.
By Region:
Key countries of North America, Latin America, Western Europe, South Asia and Pacific, East Asia and Middle East and Africa have been covered in the report.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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