BONE GLUE MARKET ANALYSIS

Bone Glue Market, By Type (Natural Bone Glue, Synthetic Bone Glue, and Modified Bone Glue), By Application (Orthopedic Surgery, Trauma Surgery, Dental Surgery, and Spine Surgery), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), By Formulation (Liquid, Gel, and Powder), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The bone glue market faces strong growth prospects over the coming years owing to rising orthopedic surgeries globally. Increased prevalence of osteoporosis, accidental injuries, and age-related bone disorders are anticipated to drive the demand for bone glue in trauma and reconstructive procedures. Furthermore, bone glue offers surgeons convenience as it eliminates the need for plates and screws in certain bone fixation applications. Its ease of application and ability to set in a few minutes within the body are positive attributes compared to alternative synthetic fixation materials.
Stringent regulatory guidelines for bringing new medical adhesives to market may restrain the pace of innovation. Long review periods and expensive clinical trials pose barriers for new entrants. Additionally, existing cements have well-established routines among orthopedists, so switching costs are high for converting to newer versions. The North America region currently dominates the bone glue landscape due to favorable reimbursement policies and a large base of orthopedic specialists. Still, Asia Pacific is likely to witness stronger growth over the coming years. Rising medical tourism along with growing orthopedic expertise could boost the uptake of advanced fixation materials like bone glue in countries like China, India, and Japan.