Bone Cement and Glue Market
Bone Cement and Glue Market 2022 - By Type, By Application, By End-User & Global Region - Market Size, Trends, Opportunity, Forecast 2027Request Sample Request Discount
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Glue and bone cement are the two essential items that assistance in fixing broken or cracked bones. In the current situation, the bone cement industry has been offering lucrative growth opportunties. Furthermore, it has been observed that the glue division is experiencing an ascent in prominence when put in contrast with bone cement in the forecast period.
Bone cement is additionally viewed as polymethyl methacrylate. It is prevalently found in shifted muscular medicines just as injury-initiated medical procedures. Bone cement & bone glue are two devices that are used to fix and join together fractured or broken bones. These devices clog and close up the free space between the artificial joints and the bone. These come in powder or liquid form and are used to recover and mend bones.
Global bone cement & glue market was valued at USD 1042 Million in 2021 and is projected to reach USD 1,555 Million by 2027, growing at a CAGR of 5.6%. Rapid growth in the geriatric population is a significant driver of growth in this market; research and development expenditure has increased from the past few years in regenerative medications, which have also derived positive growth in this market. Traffic accidents are also on the rise which results in conditions like osteoporosis.
Changing lifestyle of a large amount of youth focused on working out in gyms also makes them more sensitive to a fracture. Increased prevalence of periodontics among teenagers and young adults has also been growing in demand in the sector.
Various types of backbone problems are also influential in driving the growth of this market as people are working more and more daily, which leads to severe back issues. Orthopedic bone cement has also been an innovative solution adopted by healthcare practitioners worldwide trying to enter the new market with ingredients such as antibiotic impregnated cement, which is the primary driver for this market.
There are some restraints to this market that hold the growth and also act as opportunities for market entrants as if they focus on providing the following in their products & services; it will lead to increased market share. These include: rising negative repayment situation and expanded expenses and broad clinical information necessities for dispatching new bone cements are the main considerations among others which will discourage the market development, while rising advancement of novel biomaterials with high mechanical properties and attachment strength will additionally challenge the development of bone cement and glue market in the conjecture time frame referenced previously.
- Bone Cement
- PMMA Cement
- Calcium Phosphate Cement
- Glass Polyalkenoate Cement
- Non-Antibiotic Loaded Bone Cement
- Antibiotic Loaded Bone Cement
- Bone Glue
- Natural Bone Glue
- Synthetic Bone Glue
- Total Knee Arthroplasty
- Total Hip Arthroplasty
- Total Shoulder Arthroplasty
- Other Applications
By End User
- Ambulatory Surgery Centers
- Clinics/Physician Offices
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The worldwide bone cement market is captured by North America and is followed by Europe, driven due by multiple developed nations with disposable income levels and the ability to afford treatment. North America is anticipated to continue its dominance worldwide during the forecacst period.
In any case, Asia Pacific is anticipated to witness the highest CAGR, with the development in this market focused in Japan, China, and India. Factors like the rising focus on companies in significant parts in emerging Asian nations and government support drive the Asia Pacific market development. The elements like the diversified product portfolio of important conglomerates & specialists and restricting administrative and regulatory measures from the government to endorse new items may restrain the market's development somewhat in this region.
- Arthrex, Inc.
- Cardinal Health, Inc.
- CryoLife, Inc.
- DePuy Synthes
- DJO Global, Inc.
- Exactech, Inc.
- Heraeus Medical LLC
- Smith & Nephew PLC
- Stryker Corporation
- Trimph Pty Ltd
- Zimmer Biomet Holdings, Inc.
- Other Players
- January 22, 2020- Onset of a minimally invasive era to set new possibilities for the bone cement industry
- May 17, 2021-Orthofix Announces US and European Full Market Launch of OSCAR PRO System for Removal of Cement During Complex Joint Revision Surgeries.
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