Market Overview
Bone glue refers to a type of surgical tissue adhesive developed to bond together broken bones using a minimally invasive procedure. Bone glues mimic natural bone cement to fasten and bind pieces of fractured or broken bone without metal plates or screws. They offer several advantages over traditional plating and screw procedures such as reduced operating time, absence of hardware implantation, quick patient recovery, and lower risk of infection. Bone glues find wide usage in orthopedic, dental, traumatic, and neurological surgeries. The growing global geriatric population prone to osteoporosis and fractures is driving the demand for less invasive bone repair solutions.

The Global Bone Glue Market is estimated to be valued at US$ 2,332.0 Mn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030.

Key Takeaways

Key players operating in the Bone Glue market are Cryolife, Luna Innovations Incorporated., St. Jude Medical, Inc. (Abbott Laboratories), Johnson and Johnson, Cohera Medical Inc, Tissuemed Ltd., Integra Lifesciences Corporation, Baxter International Inc., B.Braun Melsungen AG, DENTSPLY SIRONA Inc., Chemence Medical Inc., LaunchPad Medical, and C.R. Bard Inc.

The key opportunities in the market include growing demand for tissue bonding adhesives from the orthopedic and dental surgery verticals. Advancements in bio-adhesive formulations to enhance bonding strength and reduce curing time also presents an avenue for market growth.

Globally, the bone glue market is anticipated to witness high growth in the Asia Pacific region owing to rapidly increasing healthcare expenditure, growing prevalence of osteoporosis, and rising medical tourism. Leading manufacturers are also focusing on expanding their presence across emerging Asian countries.

Market Drivers

Increased demand for minimally invasive surgeries: Due to the benefits of reduced trauma, blood loss, and recovery time, minimally invasive procedures are gaining widespread popularity. This is fueling the uptake of bone glues as they help attain strong fixation of bone fragments in a less invasive manner.

Rising prevalence of bone-related diseases:factors such as osteoporosis, trauma injuries, and age-related wear & tear are contributing to the rising incidence of fractures worldwide. This is driving the need for advanced bone repair solutions like bone glues.

Market Restraints

High costs associated with bone glue procedures: Bone glues are currently more expensive than conventional plating techniques. Limited reimbursements for these novel adhesives pose a major restraining factor to their adoption.

Lack of long-term clinical evidence: Though providing good acute fixation, long-term clinical data regarding the performance of bone glues is still lacking. Absence of established efficacy and safety evidence over traditional methods restricts full clinical acceptance.

Segment Analysis
The bone glue market is dominated by the orthopedic surgery sub-segment. Bone glue has applications in orthopedic surgeries such as knee, hip, and shoulder surgeries for fracture fixation and bone transplantation procedures. It provides better grip compared to conventional methods such as plates, screws, and wires. Bone glues fill gaps and cavities in the bone to help in fusion and regeneration of bone tissues. This property reduces healing time and risk of infection during orthopedic surgeries and trauma cases.

Global Analysis
North America dominates the global bone glue market, accounting for the largest revenue share. This is attributed to the growing geriatric population and the subsequent increase in orthopedic surgeries in the region. According to the American Academy of Orthopedic Surgeons (AAOS), approximately 6.9 million Americans undergo knee and hip replacement procedures each year. Europe is the second-largest regional market for bone glue. Increasing investments in advanced medical technologies by countries such as France and Germany are driving market growth in Europe. However, Asia Pacific is emerging as the fastest-growing regional market for bone glue. Improving healthcare infrastructure and rising medical tourism in developing countries like India and China are supporting the Asia Pacific market's rapid expansion.

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