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Bone cement market to grow by $523.1m through 2028

Its expansion is attributed to an increase in orthopaedical surgical procedures.

The global bone cement market is projected to rise by $523.1m until 2028 at a compound annual growth rate of 5.82%, according to Technavio.

The sector’s expansion is driven by an increase in orthopaedic surgical procedures amidst the growing prevalence of associated disorders due to a rise in trauma causes.

Procedures such as open-transforaminal lumbar interbody fusion have seen increased utilisation of bone cement to reduce hospitalisation costs. However, challenges remain due to product-related complications, including infections, allergic reactions, and nerve impingement.

Meanwhile, the market is experiencing a shift towards the adoption of bioresorbable materials within its formulations due to their ability to degrade gradually and be absorbed by the body.

“This offers several advantages over traditional non-resorbable cement, including promoting natural bone healing and remodelling, eliminating the need for implant removal surgeries, and reducing long-term complications,” the report said.

Furthermore, minimally invasive surgeries and robotic-assisted procedures are emerging as cost-effective alternatives to traditional methods for addressing orthopaedic conditions.

 

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