Global Bone Cement and Glue Market is Estimated to Value Over USD 1.28 Billion by 2026 End

  • 01 Nov 2019
  • Healthcare

Global Bone Cement and Glue Market is estimated to value over USD 1.28 billion by 2026 end and register a CAGR of over 5.6% during the forecast period 2019 to 2026.

Glue and bone cement are referred to as biomaterials that can be formulated by putting together both liquid phase and power phase, which can be molded and shaped into a paste and can be fixed once inserted into the body. They are extensively in a range of different applications of orthopedic surgery. When they are administered into the body, this makes way for minimally invasive surgical procedures. The two chief families of bone cements, such as that of the calcium phosphate cements and acrylic bone cements.

Factors that have propelled the bone cement and glue market growth are the rise in road accidents and sports related injuries. Apart from this, the high expenditure and the compelling clinical data for introducing innovative bone cements, the shifts in novel biomaterials along the high mechanical properties will most likely have negative effects on the market.

The growing presence of the geriatric population and bone disorders are among the essential features which have played an instrumental role in expanding the bone cement and glue market size, particularly in the region of Europe. An augmentation of the arthroplasty surgeries and the subsequent demands for newer bone glues would cement the market growth for bone glue. Bone glue is one such product that is required for minor fractures and are shown to be advantageous supplements in the repairing of musculoskeletal tissue suture.

Having said that, there are stringent guidelines in the U.S in animal testing that are carried out for research purposes in universities and other such institutions. As a result, such regulations have made it mandatory to seek license and registration with the U.S. Department of Agriculture and facilities. The annual inspections which are carried out by the USDA’s Animal and Plant Health Inspection Service to regulate and sanction the animals which have been used has had negative repercussions for the bone cement and glue market. Such stringent inspections have impeded the production of natural glue procured from animals. Substitutes that have non-animal extracts are synthetic glues and are known to be more expensive and can also cause issues relating to compatibility. The skin irritation that is caused by the cement, extended application, the disintegration of the cement which can result in the artificial joint come off are just some of the disadvantages with cemented arthroplasty and can pose potential threats to the market growth of the bone glue industry.

Among the prominent players in the bone cement market is that of Exactech. The company has formulated a product known as cemex which is a bone cement which caters to the fixation of joints. The product consists of a powder that is taken from a patented process that creates PMMA particles of a consistent shape and size. Such features cause uniform spheres with a few micro particles and they are primarily devoid of any inconsistencies in comparison to other commercially produced cements.

Among the major players who are dominating the bone cement and bone glue market includes Smith and Gephew, Zimmer Biomet, Cardinal Health, DJO Global, Heraeus Medical, Arthrex, CryoLife, DePuy Synthes, Teknimed, Exactech, Stryker and Triumph

Global Bone Cement and Glue Market Segmentation:

By Type

  • 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

By Application

  • Arthroplasty
    • Total Knee Arthroplasty
    • Total Hip Arthroplasty
    • Total Shoulder Arthroplasty
  • Kyphoplasty
  • Vertebroplasty
  • Other Applications

By End User

  • Hospitals
  • Ambulatory Surgery Centers
  • Clinics/Physician Offices

By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of the World

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the bone cement & glue market by type, by application, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

 

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