Bone glues are a collagen obtained from an animal base that mainly includes skin and bones. Bone glues are derivative of fish’s dehydrated bladder and dense bone. The production process of bone glue is complicated, which involves obtaining animal bones from various abattoirs, meat packaging companies, and tanneries. The bones are cleaned, washed and are set under pressure to boil to demineralize it and then collagen is extracted and dried. The most used commercial area apart from healthcare industry is in manuscript publishing, carpentry, and gun powder production applications. The bone glue market is expected to gain steady traction in the near future, as it finds application in various industries.
Market Dynamics
Increasing number of osteoporosis procedures is expected to drive the bone glue market growth during the forecast period. For instance, on January 12, 2022, according to the report published in Arthroplasty Today, an official journal of the American Association of Hip and Knee Surgeons, published an annual report which reported 2,244,587 primary revision hip and knee arthroplasties between 2012 and 2020 in US. Female patients represented 58.5% of all procedures while male patients represented 38.6% of cases. THA (Total hip arthroplasty) patients were on average 66.1 years old, whereas TKA (Total Knee Arthroplasty) patients were on average 67 years old.
Bone density decreases with age, often leading to bone disorders among people over 60 years of age. According to the WHO, bones become especially fragile in elderly women. Approximately 1 in 4 women i.e. around 24% of women aged 50 or older suffer from falls and accidents each year globally. In many instances, most of the falls lead to fracture, out of which 35-40% of bone fractures are healed or joined with the use of bone glue globally.
Key features of the study:
- This report provides an in-depth analysis of the global bone glue market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2022 – 2030, considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global bone glue market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include, Cryolife, Luna Innovations Incorporated, Johnson and Johnson, Cohera Medical Inc, Tissuemed Ltd., Integra Lifesciences Corporation, Baxter International Inc., B.Braun Melsungen AG, DENTSPLY SIRONA Inc., Chemence Medical Inc., LaunchPad Medical, and C.R. Bard Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global bone glue market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, suppliers, research and consulting firms, new entrants, and financial analysts
- Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global bone glue market.
Detailed Segmentation:
- Global Bone Glue Market, By Product type:
- Synthetic Bone Glue
- Natural Bone Glue
- Global Bone Glue Market, By Therapeutic Application:
- Osteoporosis
- Sports Injuries
- Spinal Injuries
- Traumatic Bone Fracture
- Bone Tumor
- Global Bone Glue Market, By End User:
- Hospitals
- Clinics
- Specialized Orthopedic Clinics
- Ambulatory Surgical Centers
- Global Bone Glue Market, By Region:
- North America
- Europe
- By Country
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Cryolife*
- Company Highlights
- Product Portfolio
- Financial Performance
- Recent Highlights
- Market Strategies
- Luna Innovations Incorporated.
- Jude Medical, Inc. (Abbott Laboratories)
- Johnson and Johnson
- Cohera Medical Inc
- Tissuemed Ltd.
- Integra Lifesciences Corporation
- Baxter International Inc.
- Braun Melsungen AG
- DENTSPLY SIRONA Inc.
- Chemence Medical Inc.
- LaunchPad Medical
- R. Bard Inc.
“*” marked represents similar segmentation in other categories in the respective section.
