The global bone cement market is forecasted to increase by $523.1 million by 2028, achieving a compound annual growth rate (CAGR) of 5.82%, according to a report by Technavio. This growth is primarily driven by a rise in orthopedic surgical procedures as the prevalence of related disorders continues to grow due to an increase in trauma incidents.
The expanding market reflects a significant uptick in the use of bone cement in various orthopedic surgeries, particularly in procedures such as open-transforaminal lumbar interbody fusion. These methods leverage bone cement to help minimize hospitalization costs while enhancing patient outcomes.
Despite this positive outlook, the market faces challenges related to product complications, including infections, allergic reactions, and nerve impingement. Such issues underscore the importance of ongoing research and development in the field.
In response to these challenges, the industry is witnessing a shift towards the use of bioresorbable materials in bone cement formulations. These materials offer the advantage of gradually degrading and being absorbed by the body, which promotes natural bone healing and remodeling. As highlighted in the report, “This offers several advantages over traditional non-resorbable cement, including eliminating the need for implant removal surgeries and reducing long-term complications.”
Additionally, the market is seeing a rise in minimally invasive and robotic-assisted surgical procedures. These alternatives not only reduce patient recovery times but also present a cost-effective solution for addressing various orthopedic conditions.
In conclusion, the anticipated growth of the bone cement market is a reflection of the increasing demand for orthopedic surgical procedures. As the industry adapts to both technological advancements and evolving patient needs, the focus on improving patient safety and outcomes remains paramount. Continued innovation in materials and methods will likely play a crucial role in shaping the future landscape of orthopedic care.
Related topics:
