The latest research report by Reports and Data, named ‘Global Bone Cement and Glue Market - Forecast to 2027’, entails a comprehensive review of the global Bone Cement and Glue market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Bone Cement and Glue industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Bone Cement and Glue industry is a major attraction of the report. The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness. The market intelligence report takes a closer view of the global market share, estimated growth rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities. The report clearly defines the Bone Cement and Glue market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Bone Cement and Glue industry.
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The bone cement and glue market is a vital segment within the medical industry, primarily used in orthopedic surgeries to fix implants and fractures. Bone cement is a biocompatible material that provides stability and support to the implanted prosthesis, while bone glue is used to bond fractured bones together. The global bone cement & glue market size is expected to reach USD 2,362.9 Million in 2032 and register a steady revenue CAGR of 5.9% during the forecast period, according to latest analysis by Emergen Research. This market is driven by various factors, including the increasing prevalence of orthopedic disorders, advancements in surgical techniques, and the growing geriatric population.
The rising prevalence of orthopedic disorders, such as osteoarthritis and osteoporosis, is a significant driver for the bone cement and glue market. These conditions often require surgical interventions, such as joint replacements or fracture fixations, where bone cement and glue play a crucial role. According to the World Health Organization (WHO), musculoskeletal conditions affect millions of people worldwide, contributing to the demand for bone cement and glue.
Advancements in surgical techniques and materials have also contributed to the growth of the bone cement and glue market. The development of minimally invasive surgical procedures has increased the demand for bone cement and glue, as these materials provide stability and fixation in less invasive approaches. Additionally, the introduction of new formulations and improved properties of bone cement and glue, such as antibiotic-loaded cement for infection prevention, has further enhanced their utility in orthopedic surgeries.
The growing geriatric population is another significant driver for the bone cement and glue market. With age, the risk of fractures and joint degeneration increases, leading to a higher demand for orthopedic surgeries. According to the United Nations, the global population aged 60 years and above is expected to reach 2.1 billion by 2050. This demographic shift is expected to drive the demand for bone cement and glue in the coming years.
Moving on to recent product launches, top companies in the bone cement and glue market have introduced innovative solutions to meet the evolving needs of surgeons and patients. For example, in January 2021, Stryker Corporation launched the Tritanium TL Curved Posterior Lumbar Cage, a 3D-printed interbody fusion cage designed for spinal surgeries. This cage is coated with a unique bone graft material that promotes bone growth and fusion, providing enhanced stability and fixation.
Another notable product launch is the OsteoCrete by Bone Solutions Inc. This bone adhesive is designed to provide immediate fixation and stabilization in orthopedic procedures. It offers advantages such as fast curing time, high strength, and biocompatibility, making it suitable for various applications, including trauma, joint reconstruction, and spine surgeries.
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Top competitors of the Bone Cement and Glue Market profiled in the report include:
Stryker Zimmer Biomet, Medical Device Business Services, Inc., Smith+Nephew, Arthrex, Inc., DJO, LLC, Exactech, Inc., Teknimed, Heraeus Holding, and Artivion, Inc
Emergen Research has segmented the global Bone Cement and Glue on the basis of product, fitting, application, and region:
Type Outlook (Revenue, USD Million; 2019–2032)
- Bone Cement
- Bone Glue
Application Outlook (Revenue, USD Million; 2019–2032)
- Arthroplasty
- Total Knee Arthroplasty
- Total Hip Arthroplasty
- Total Shoulder Arthroplasty
- Kyphoplasty
- Vertebroplasty
End-Use Outlook (Revenue, USD Million; 2019–2032)
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Clinics
Regional Analysis of the Bone Cement and Glue Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Unfolding the prime factors prompting global market growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Bone Cement and Glue market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
- A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
Global Bone Cement and Glue Market Geographical Landscape - Synopsis:
- The report closely studies the growth trajectory of the global Bone Cement and Glue market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Elucidating the competitive landscape of the Global Bone Cement and Glue Market:
- The global Bone Cement and Glue market report offers viable insights into the competitive spectrum of the Bone Cement and Glue business sphere.
- The report systematically profiles the company information of each market player.
- It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
- The study showcases the extensive product portfolios of the prominent market contenders.
- It offers critical data & information about the product application scope and the end-user landscape.
- The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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Bone Cement and Glue Snapshots
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