The latest report, titled ‘Global Bone Cement and Glue Market,’ offers a holistic outlook of the global Bone Cement and Glue market, bringing the significant paradigm shifts in the market to readers’ attention. The report is targeted at the readers who take enormous interest in this business sector and look forward to capitalizing on the study’s deep insights to make strategic business decisions. The latest study is a compilation of the industry-wide data & information intended to help create a database containing all the fundamental aspects of the Bone Cement and Glue market. The report takes a closer look at the historical and current market scenarios to accurately predict the global Bone Cement and Glue market outlook over the forecast duration period. A wide range of Bone Cement and Glue market parameters, including geographical segments, technological spectrum, miscellaneous product types, application landscape, numerous business verticals, sales and distribution channels, and several others, has been included in this report. Our team of researchers has taken a unique approach to analyze the global market and, thus, highlighted the key parameters that influence the overall market growth. Several efficient analytical tools like SWOT analysis and Porter’s Five Forces have been employed to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the crucial market segments.
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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.
Scope of the Report
The global Bone Cement and Glue market research study's product type, application, and region components are divided into three parts. Each segmentation is divided into chapters that go over the various details. The chapters include graphs that show year-over-year growth and segment-specific drivers and constraints. Furthermore, the study provides government forecasts for regional markets that affect the global brain metastases treatment drugs sector.
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Covid 19 Impact
The latest market intelligence report underscores the impact of the COVID-19 pandemic on the global Bone Cement and Glue market, offering deep insights into the pandemic’s adverse effects on the global economy and, consequently, this particular business sector. The report carefully gauges the key market-influencing factors and considers the COVID-19 pandemic as one of the contributing elements for this industry’s potential downturn. Following the pandemic, drastic changes have been observed in the market dynamics and demand trends, which have caused financial difficulties for the businesses operating in this sector. Additionally, the report assesses the COVID-19 impact on the overall growth of the Bone Cement and Glue market, besides preparing a future impact assessment to help readers make informed business decisions.
Key Companies Profiled in the Report are:
Stryker Zimmer Biomet, Medical Device Business Services, Inc., Smith+Nephew, Arthrex, Inc., DJO, LLC, Exactech, Inc., Teknimed, Heraeus Holding, and Artivion, Inc
Outlook for the Region:
- This Research Consider the following Regions:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of the EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Research Methodology
Our team of analysts has performed an accurate analysis of significant market elements leveraging advanced primary and secondary research tools. They have deployed well-known analytical tools like SWOT Analysis and Porter’s Five Forces Analysis for the comprehensive market study. A great deal of vital data & information related to the Bone Cement and Glue market has been gathered in the report from various reliable sources. Under the primary research study, detailed supply chain analysis, value chain analysis, several industry experts’ interviews, and a brief analysis of the Bone Cement and Glue market’s vendor landscape have been covered. Therefore, as part of secondary research, the report offers vital information pertaining to the company profiles of the key market contenders. Hence, the report’s market segmentation section looks at the global sector to scrutinize key trends, regional markets, and recent industry developments.
Global Bone Cement and Glue Market Segmentation by Regions:
The countries covered in the regional analysis of the Global Bone Cement and Glue Market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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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
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Global Bone Cement and Glue Market Report - Table of Contents:
- Chapter 1: This section includes the introduction of the global Bone Cement and Glue market, along with a comprehensive market overview, market scope, product offerings, and an in-depth investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
- Chapter 2: This section offers comprehensively analyses the key manufacturers engaged in this business vertical, as well as their sales and revenue estimations.
- Chapter 3: This chapter of the report elaborates on the highly competitive terrain of the market and underscores the wide-ranging vendor landscape.
- Chapter 4: In this section, our researchers have fragmented the Bone Cement and Glue market on the basis of region and predicted the sales, revenue, and market share of each region over the forecast timeline.
- Chapters 5 and 6: These chapters focus on the systematic market segmentation based on product type, application, and end-user.
Competitive Outlook:
The global Bone Cement and Glue market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Moreover, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Bone Cement and Glue market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
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