Orthopedic devices are used to treat the disorders and injuries of the musculoskeletal system of human body. Bone cement and casting materials are used to fix bone fractures or as a complement to other devices in procedures such as joint reconstruction and trauma fixation. Bone cement is a fixing material used to fill in spaces between an orthopedic prosthesis and the bone stock. GlobalData uses proprietary data and analytics to provide a comprehensive report on the bone cement market in Greece. Buy the latest report here.
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Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Bone cement helps restore functionality, provides elasticity to the zone between the prosthesis and the bone stock and maintains the mechanical stability of the prosthesis. Bone cement is composed of two components: PMMA (Polymethyl methacrylate) amorphous powder and MMA (methyl methacrylate) liquid stabilizer. This category includes both antibiotic and nonantibiotic bone cement. The use of antibiotic-loaded bone cements allows for high concentrations of antibiotics to be administered to the local areas surrounding the implant, protecting it from germs and preventing infection. Nonantibiotic bone cement is used to fixate artificial joints to the bone and fill non-union fractures.
The bone cement market in Greece can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
