Bone Glue Market Growth Accelerated by Rising Trauma Injuries

 

Bone glue is used as an alternative to traditional bone fixation methods like screws, plates and wires in orthopedic surgery. It can be easily applied and sets quickly to bind broken bone fragments together, promoting faster healing of fractures without secondary surgery. The global Bone Glue Market is estimated to be valued at US$ 2,332.0 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends: Rising cases of trauma injuries such as fractures have been a major driver for the bone glue market. As per estimates, over 6 million people suffer fractures annually in the United States alone. With growing incidents of road accidents globally and participation in extreme sports, trauma injuries are on the rise. Bone glue offers a minimally invasive method to treat such injuries compared to metal implants. Its application allows early mobilization and quicker healing time for patients. The advantages of bone glue have led to its increasing adoption by surgeons for a variety of orthopedic procedures involving fracture repair. This is expected to fuel market growth over the forecast period.

Segment Analysis
The global bone glue market is segmented by material, application, end user. Based on material, the market is divided into natural and synthetic. The natural segment accounts for largest market share as of 2023 owing to its biocompatibility, ability to integrate well with bone tissues and stimulate bone healing. By application, it is bifurcated into orthopedic, tracheal stenosis, dental, and others. Among these, orthopedic application segment dominate market due to high volume of procedures involving bone fractures, spinal fusion etc. Based on end user, it is categorized into hospitals, specialty clinics and ambulatory surgical centers. Hospitals account for major share of bone glue due to presence of advanced surgical and rehabilitation facilities.

Key Takeaways
The global bone glue market is expected to witness high growth during the forecast period of 2023 to 2030.

Regional analysis indicates that North America region currently leads market and is expected to continue dominating bone glue market owing to favorable reimbursement policies, growing orthopaedic procedures and presence of key manufacturers in the region.

Key players operating in the bone glue market are Cryolife, Luna Innovations Incorporated., St. Jude Medical, Tissuemed, Adhesys Medical, Integra Lifesciences, B. Braun Melsungen and Baxter International. Bone glue finds wide application in orthopaedic segment for procedures involving bone fractures, spinal fusion etc. owing to its ability to induce natural bone healing. It offers advantages over metal plate & screws such as reduced post-operative pain, and infection risk. Hence, rising orthopaedic surgeries and trauma cases are fueling demand for bone glue globally.

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