BONE GLUE MARKET ANALYSIS

Bone Glue Market, by Product Type (Synthetic Bone Glue and Natural Bone Glue), by Therapeutic Application (Osteoporosis, Sports Injuries, Spinal Injuries, Traumatic Bone Fracture, and Bone Tumor), by End User (Hospitals, Clinics, Specialized Orthopedic Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Aug 2022
Code : CMI242
Pages :196
Formats :
Excel and PDF
Industry : Medical Devices

Bone Glue MarketSize and Trends

Global bone glue market size was valued at US$ 2,332.0 Million in 2022 and is expected to witness a CAGR of 5.9% over the forecast period (2022 – 2030).

Figure 1. Global Bone Glue Market Share (%), by Product Type, 2022

Increasing number of bone disorders and rising number of arthroplasty are expected to drive growth of the global bone glue market

Increasing prevalence of bone disorders and rising geriatric population are major factors that are driving growth of the bone glue market. For instance, according to the report of Arthritis Foundation of 2018, osteoarthritis (OA) is the most common bone and joint disorder in the U.S., wherein around 30.8 million U.S. adults suffer from osteoarthritis. Furthermore, as per the same source, osteoarthritis is the most common cause of disability in the U.S. adults aged above 60 and older.

Increasing number of arthroplasty procedures and consequent rise in demand for newer bone glues across various countries in North America and Europe is expected to fuel growth of the bone glue market. For instance, according to the Journal of Bone and Joint Surgery published data in September 2018, primary total hip arthroplasty (THA) is projected to grow 71%, to 635,000 procedures by 2030 and primary total knee arthroplasty (TKA) is projected to grow 85%, to 1.26 million procedures by 2030 in US.

Figure 2. Global Bone Glue Market Share (%), by Region, 2022