North America is estimated to command the largest share of the Bone Cement and Glue Market
[161 Pages Report] The Bone Cement and Glue Market is expected to reach USD 1,322.6 Million, at a CAGR of 5.9%
Factors driving the growth of this market include growing geraitic population, increasing incidence of sports injuries, rising number of road accidents, and increasing developments in the regenerative medicines field.
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 objectives of this study are as follows:
- To define, describe, segment, and forecast the market by type, application, end user, and region
- To forecast the revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
- To identify micromarkets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market
- To strategically analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market
Browse 132 market data Tables and 37 Figures spread through 161 Pages and in-depth TOC - Request Research Sample Pages: Request Research Sample Pages: www.marketsandmarkets.com/request…=131540876
Market Segmentation in Depth:
The arthroplasty segment is estimated to dominate the market
By application, the market is segmented into arthroplasty, kyphoplasty, vertebroplasty, and other applications. The arthroplasty segment is anticipated to account for the largest share of the global bone cement and glue market.
The large share of this segment can be attributed to the increasing number of knee, hip, and shoulder injuries.
By end user, the hospital segment is estimated to command the largest share of the market during the forecast period
On the basis of end user, the bone cement and glue market is categorized into hospitals, ambulatory surgery centers (ASCs), and clinics/physician offices. The hospitals segment is estimated to account for the largest share of the global bone cement and glue market in 2017.
The heavy burden of orthopaedic medical conditions (which requires implants for their management) and increasing number of hospitals are the key factors driving the growth of this end-user segment.
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Geographical Regions Mapped in Report:
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.
Maior Key Players Mapped in Research Report:
Key players in the bone cement and glue market include Stryker (US), Zimmer Biomet (US), DePuy Synthes (US), Smith & Nephew (UK), Arthrex (US), DJO Global (US), Exactech (US), TEKNIMED (France), Heraeus Medical (Germany), CryoLife (US), Cardinal Health (US), and Trimph (Australia).
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