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Injectable Cement Market Is Expected To Reach USD 1.89 Billion By 2027 At A CAGR Of 5.8 percent.
Maximize Market Research has published a report on the Injectable Cement Market that provides a detailed analysis for the forecast period of 2022 to 2027.
The report provides comprehensive market insights for industry stakeholders, including an explanation of complicated market data in simple language, the industry’s history and present situation, as well as expected market size and trends. The research investigates all industry categories, with an emphasis on key companies such as market leaders, followers, and new entrants. The report includes a full PESTLE analysis for each country. A thorough picture of the competitive landscape of major competitors in the Injectable Cement market by goods and services, revenue, financial situation, portfolio, growth plans, and geographical presence makes the study an investor’s guide.
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Pre-mixed, liquid or powder injectable cement is available in the market. In hip surgery, injectable cement is used to fill holes between the bone and the screws, enabling flexibility, and an adherent. Bone cement is used to provide strength for structural stability and to help with posture preservation after surgery. It’s also utilized in a few total joint arthroplasty procedures. The cement’s primary function is to transfer and load body weight from the prosthetics to the bone during surgery, as well as to fixate the implant, which assists in enhancing the bone’s load-carrying potential.
The global injectable market is being driven by a rise in the number of orthopedic operations as well as the increased usage of injectable cement in osteoporosis and trauma. The growing elderly population throughout the world is also anticipated to drive market growth. The rising elderly population causes an increase in bone-related disorders such as joint replacement, osteoporosis, and back pain, where injectable cement is widely utilized, which is expected to drive the injectable cement market growth.
Vertebroplasty and kyphoplasty, which involve injectable cement, are minimally invasive surgical treatments that have recently been launched for the medical therapy of osteoporosis-induced spinal compression fractures. The goal of vertebroplasty is to stabilize the shattered vertebral body, whereas the goal of kyphoplasty is to stabilize the broken vertebral body and regain its height as close to pre-fracture as feasible. In both procedures, the forming dough of injectable bone cement is injected into the damaged vertebral body.
The global market for injectable cement is very fragmented. Some of the world’s largest companies dominate the market. To keep ahead of the competition, international injectable cement market participants are implementing tactics such as mergers, partnerships, and collaborations. In addition, they are focused on various R&D efforts to offer new items. In a highly competitive market, this helps firms retain clients. Some players are also purchasing numerous small and medium-sized enterprises to increase their production capacity and get a much-needed competitive advantage.
An increase in demand for injectable cement in the healthcare industry gives rise to growth opportunities for manufacturers. Government initiatives further provide a platform for companies to capitalize on the opportunities. Governments, especially in developed countries, have increased funding for R&D initiatives for the development of novel technologies.
Injectable Cement Market Regional Insights:
Europe is the greatest user of injectable cement in terms of both volume and revenue generated. Because of the rising number of bone replacement surgeries due to car accidents and bone illnesses in European nations, the market in Europe is anticipated to grow at a considerable growth rate. The injectable cement market in Asia-Pacific is expected to grow at the fastest rate during the forecast period, thanks to increased public awareness of healthcare, growth in the number of hospitals, and rising government investment in the healthcare sector. The incidence of orthopedic procedures, as well as a rise in healthcare costs, are driving the growth in the Asia-Pacific region.
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Injectable Cement Market Key Competitors:
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