Bone Cement for Spine Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Application, by End User : Global Opportunity Analysis and Industry Forecast, 2024-2033

Key Market Dynamics

According to bone cement for spine market forecast analysis, the key factors driving the growth of the market are the increase in incidence of spinal cord injuries and growing adoption of minimally invasive spinal surgeries.  As the prevalence of spinal cord injuries continues to escalate globally, due to increasing occurrences of traumatic incidents such as road accidents, falls, sports injuries, and occupational hazards, the demand for effective treatment solutions has surged. Bone cement, known for its crucial role in spinal surgeries, particularly vertebroplasty and kyphoplasty, has gained prominence due to its ability to stabilize and strengthen the spine. In addition, the growing geriatric population, which are more prone to injuries further drives the demand for bone cement for spinal cord.  According to an article by the World Health Organization, in 2025, the population over 60 years is expected to be around 22% of total population. Thus, the rise in geriatric population and rise in spinal cord injuries is expected to contribute significantly to bone cement for spine market growth.

Furthermore, according to the bone cement for spine market opportunity analysis, the rise in the adoption of minimally invasive spinal surgeries is expected to contribute significantly to market growth. Minimal procedures are gaining popularity due to their numerous advantages over traditional open surgeries, including reduced hospital stays, lower risk of infection, less postoperative pain, and quicker recovery times. As a result, patients and healthcare providers are increasingly opting for MISS techniques, which often require bone cement to stabilize and support the spine. Bone cement plays a crucial role in procedures such as vertebroplasty and kyphoplasty, where it is used to repair compression fractures and provide structural support to the vertebrae. Thus,  adoption of minimally invasive spinal surgeries is expected to contribute significantly to growth of bone cement for spine market size.

Spinal Cord Injuries, by Cause

Between 2015 and 2023, spinal cord injuries (SCIs) in U.S. occurred due to a variety of causes, with vehicular incidents being the most significant contributor, accounting for 37.5% of cases. Falls were the second most common cause, responsible for 31.7% of spinal cord injuries during this period. Acts of violence, including gunshot wounds and assaults, made up 15.4% of the injuries. Sports-related activities contributed to 8% of spinal cord injuries. Medical and surgical complications were responsible for 3.7% of the injuries, underscoring potential risks within clinical settings. Lastly, other causes comprised 3.8% of spinal cord injuries.

The increasing incidence of spinal cord injuries (SCI) has become a significant driver for the bone cement for spine market. These injuries, often resulting from accidents, falls, sports activities, and degenerative spinal conditions, have led to a growing need for effective spinal repair and stabilization solutions. Bone cement, known for its superior mechanical properties and biocompatibility, is widely used in spinal surgeries to enhance the stability of vertebrae, particularly in procedures such as vertebroplasty and kyphoplasty. The rise in SCI cases has escalated the demand for minimally invasive surgical techniques that utilize bone cement to provide immediate pain relief and restore spinal function. Additionally, advancements in bone cement formulations, offering improved viscosity, radiopacity, and injectability, have further propelled its adoption in spinal surgeries.

Market Segmentation

The bone cement for spine industry is segmented into type, application, end user, and region. By type, the market is divided into low viscosity, medium viscosity, and high viscosity. By application, the market is classified into vertebroplasty, and kyphoplasty. By end user, the market is categorized into hospitals and specialty surgical centers. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Regional/Country Market Outlook

North America dominated the bone cement for spine market share owing to substantial research and development activities, a strong presence of major key players, and well-established healthcare infrastructure. In addition, according to bone cement for spine market opportunity analysis, Asia-Pacific region is expected to register significant growth in the forecast period owing to developing healthcare infrastructure and rise in adoption of minimally invasive surgeries and rise in healthcare expenditure.

• The Ministry of Health and Family Welfare, India announced funding of $10.93 billion in the Interim Union Budget 2024-25. The funding is allocated to boost the country’s healthcare infrastructure.
• The Indian Spinal Injuries Centre’s (ISIC) data on traumatic spinal cord injury admission from 2012 to 2022 it was reported that road traffic accidents is the leading cause of spinal cord injury in India constituting about 44% of the total spinal cord injuries. 
• According to 2024 report by State of Hawaii, Department of Health, approximately 17, 900 spinal cord injuries (SCI) occur in the United States each year.
• According to the 2024 report by the Spinal Injuries Association, there are an estimated 4, 400 new cases of spinal cord injury per year in the UK

Industry Trends

• According to the World Health Organization, in 2021, around 15.4 million people were living with spinal cord injury.
• In a 2023 article published by National Library of Medicine, it was reported that 80% of Americans suffers from low back pain during their lifetime.
• In an article published by Health Resources and Services Administration, it was reported that in 2021, 5, 073 unrelated and 4, 276 related bone marrow and cord blood transplants were performed in the U.S.

Competitive Landscape

The major players operating in the bone cement for spine market include Medtronic, Smith & Nephew, Cardinal Health., Ltd., META BIOMED Co., Ltd., Heraeus Medical GmbH, Shanghai Rebone, Tecres S.P.A., OSARTIS GmbH, IZI Medical, Stryker, Johnson & Johnson, Heraeus Medical. Other players in the Bone Cement for Spine market include, B. Braun, TEKNIMED, Shanghai Shangrong Biotechnology Co, DJO Global, Tecres, Merit Medical, G-21, Medacta International, Cook Medical.

Key Sources Referred

1. National Library of Medicine
2. World Health Organization
3. State of Hawaii, Department of Health 
4. Spinal Injuries Association, UK
5. Ministry of Health and Family Welfare, India
6. Indian Spinal Injuries Centre
7. Health Resources and Services Administration

Key Benefits for Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bone cement for spine market analysis from 2024 to 2033 to identify the prevailing bone cement for spine market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the bone cement for spine market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global bone cement for spine market trends, key players, market segments, application areas, and market growth strategies.