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Global Antibiotic Bone Cement Market to Grow at a Healthy Pace During 2021-2026, Aided by the Growing Cases of Total Joint Replacement

According to a new report by EMR titled, ‘Global Antibiotic Bone Cement Market Report and Forecast 2021-2026’, the global market for antibiotic bone cement to be driven by the bone cement market, which reached a value of USD 1.2 billion in 2020 and is expected to grow at a CAGR of 8% during 2021-2026 to reach USD 1.9 billion by 2026.

The global antibiotic bone cement industry is being driven by the rising demand for antibiotic-impregnated bone cement to prevent infection in patients undergoing total joint arthroplasty, including primary total hip and knee arthroplasty. The development of improved healthcare facilities and the advancement in biotechnology are significantly aiding the industry growth. In recent years, the healthcare industry has witnessed the adoption of improved surgical techniques, implementation of stringent and efficient antiseptic pre-operative and intra-operative procedures, and optimisation of the peri-operative systemic antibiotic prophylaxis, which is further boosting the demand for antibiotic bone cement. Europe is one of the significant regions contributing to the industry growth. The availability of advanced healthcare facilities and stringent government regulations are aiding the regional industry growth. Within Europe, the regions like Germany, Italy, the United Kingdom, and France represent the leading markets for the product.

The rapid technological advancements and new product launches are expected to further aid the industry growth. In July 2021, Smith & Nephew plc (NYSE: SNN), one of the leading players in the industry, launched the Real Intelligence brand of enabling technology solutions and its new generation handheld robotics platform-the CORI Surgical System. While the former will address clinical challenges through the continuum of care like pre-operative planning, patient engagement, and others, the latter will be available for unicompartmental knee arthroplasty as well as total knee arthroplasty and is ideal for ambulatory surgery centres (ASCs) and outpatient surgery owing to its small and portable nature. Such developments are expected to influence the global market for antibiotic bone cement positively.

Tecres S.P.A., another leading player in the industry, manufactures bone cement particularly formulated for joint implants under the brand Cemex®. The complete product range is now available in four variants, with four different viscosities to match surgeons' needs and provide extreme flexibility. Such developments are expected to positively influence the growth of the antibiotic bone cement industry in the forecast period.

Market Breakup by Preparation, Antibiotic Type, End Use, and Regions:

  • On the basis of preparation, the industry can be bifurcated into pre blended antibiotic cement and hand blend antibiotic cement.
  • The major antibiotic types available in the industry include tobramycin, gentamicin, vancomycin, cefuroxime, and clindamycin, among others.
  • Based on end use, the industry can be categorised into hospitals, orthopaedic centres, and ambulatory surgical centres, among others.
  • Region-wise, the global market for antibiotic bone cement can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The industry is being driven by the growing cases of osteoporosis and increasing geriatric population across the globe.
  • The growing healthcare sector and the advancements in orthobiologics are further propelling the market growth.
  • The industry will receive further impetus with the growing research and development activities and rapid technological advancements.
  • The new product launches and growing mergers and acquisitions by the key players are also accelerating the growth rate of the industry.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for antibiotic bone cement for the periods (2016-2020) and (2021-2026). 
  • The report also offers historical (2016-2020) and forecast (2021-2026) market information for the preparations, antibiotic types, end uses, and major regions of antibiotic bone cement.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global antibiotic bone cement market are Smith & Nephew, Inc., Stryker Australia Pty Ltd, Teknimed, DJO Global, Inc., Zimmer India Private Limited, and Tecres S.P.A., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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