| Product Code: ETC10738849 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines saw a significant surge in bone cement and casting materials import shipments in 2024, with top exporting countries being Metropolitan France, Germany, South Korea, USA, and Argentina. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 18.75% from 2020 to 2024 highlights the increasing demand for these medical supplies. Moreover, the notable growth rate of 47.73% from 2023 to 2024 signals a rapid expansion in the market, presenting opportunities for suppliers and stakeholders in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Bone Cement & Casting Materials Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Bone Cement & Casting Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Bone Cement & Casting Materials Market - Industry Life Cycle |
3.4 Philippines Bone Cement & Casting Materials Market - Porter's Five Forces |
3.5 Philippines Bone Cement & Casting Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Bone Cement & Casting Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Philippines Bone Cement & Casting Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Bone Cement & Casting Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Bone Cement & Casting Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of orthopedic disorders and injuries in the Philippines |
4.2.2 Growing elderly population leading to higher demand for orthopedic surgeries |
4.2.3 Technological advancements in bone cement and casting materials improving patient outcomes |
4.3 Market Restraints |
4.3.1 High cost associated with orthopedic procedures using bone cement and casting materials |
4.3.2 Limited healthcare infrastructure in certain regions of the Philippines affecting market penetration |
4.3.3 Stringent regulatory requirements for approval of bone cement and casting materials |
5 Philippines Bone Cement & Casting Materials Market Trends |
6 Philippines Bone Cement & Casting Materials Market, By Types |
6.1 Philippines Bone Cement & Casting Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Polymethyl Methacrylate (PMMA), 2021 - 2031F |
6.1.4 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Calcium Phosphate Cement, 2021 - 2031F |
6.1.5 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Hybrid Cement, 2021 - 2031F |
6.1.6 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Casting Tapes, 2021 - 2031F |
6.1.7 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Philippines Bone Cement & Casting Materials Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2.3 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Calcium-Based, 2021 - 2031F |
6.2.4 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Biodegradable, 2021 - 2031F |
6.2.5 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.2.6 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Philippines Bone Cement & Casting Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Joint Fixation, 2021 - 2031F |
6.3.3 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Spinal Procedures, 2021 - 2031F |
6.3.4 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Trauma Surgeries, 2021 - 2031F |
6.3.5 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Fracture Treatment, 2021 - 2031F |
6.3.6 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Philippines Bone Cement & Casting Materials Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.4.4 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Ambulatory Centers, 2021 - 2031F |
6.4.5 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
6.4.6 Philippines Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
7 Philippines Bone Cement & Casting Materials Market Import-Export Trade Statistics |
7.1 Philippines Bone Cement & Casting Materials Market Export to Major Countries |
7.2 Philippines Bone Cement & Casting Materials Market Imports from Major Countries |
8 Philippines Bone Cement & Casting Materials Market Key Performance Indicators |
8.1 Number of orthopedic surgeries performed annually in the Philippines |
8.2 Adoption rate of advanced bone cement and casting materials in orthopedic procedures |
8.3 Rate of complications or revisions in orthopedic surgeries using bone cement and casting materials |
8.4 Average length of hospital stay for patients undergoing orthopedic procedures |
9 Philippines Bone Cement & Casting Materials Market - Opportunity Assessment |
9.1 Philippines Bone Cement & Casting Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Bone Cement & Casting Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Philippines Bone Cement & Casting Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Bone Cement & Casting Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Bone Cement & Casting Materials Market - Competitive Landscape |
10.1 Philippines Bone Cement & Casting Materials Market Revenue Share, By Companies, 2024 |
10.2 Philippines Bone Cement & Casting Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here