Bone Cement & Glue Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Single User License $3500

Bone Cement & Glue Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Status : October, 2020 | Medical Devices | PPT format

Report Digest


Global Bone Cement & Glue Market: Snapshot

Bone glue and bone cement are two products used to fix the fractured or broken bones. Currently, the bone cement segment is churning maximum demand in the global market. This is due to rise in cases of osteoporosis and increase in number of arthroplasty treatments all over the world. Nevertheless, in coming years, the bone glue segment is anticipated to witness a faster rise in demand as compared to bone cement segment due to rise in cases of orthopedic surgeries and fractures. Bone cement is also known as polymethyl methacrylate (PMMA). It is used widely in in various trauma surgery and orthopedic treatments. On the other hand, bone glue is used to replace small plates and screws that hold different bone fragments together in one place for some time so that the breaking is healed.

The increase in number of old age people, sport injuries, and increased road accidents due to excessive traffic, and trauma cases are some of the factors fueling the rise in demand for global bone cement and glue market. Besides, advancements in degenerative medicines is another factor influencing the market growth. On the flip side, dearth of proper imbursement policies and increased cost of bone glue or bone cement is anticipated to hinder the development of bine cement and glue market. Besides, a detailed clinical data is needed to develop new product. This factor can also obstruct market growth in coming years.

Global Bone Cement & Glue Market: Overview

The two products bone cement and bone glue are meant to fasten broken or fractured bones together. At present, the bone cement segment is generating maximum demand in the market, finds our report published in TMR Research. This is because of the increasing occurrence of osteoporosis and growing number of arthroplasty procedures being carried out worldwide. However, going forward, the bone glue is expected to see its demand and sales rise faster than bone cement because of the growing number of fractures and orthopedic surgeries.

Bone cement is also known as polymethyl methacrylate (PMMA) and finds widespread application in different orthopedic and trauma surgery. Bone glue on the other hand is used to supplant tiny screws and plates meant to hold fragments in place for enough time for the healing of the break.

The report predicts that robust competition in the market will be fanned by players wanting a greater share of the pie through the launch of innovative products with effective functionalities. To that end, they are seen pulling out all stops to comply with industry regulations and various government policies.

Global Bone Cement & Glue Market: Key Trends

Majorly fuelling the global bone cement and glue market is the rising number of sport injuries, growing pool of elderly, and the increasing number of road accidents and trauma cases. Apart from that, developments in regenerative medicine is also positively influencing the market. However, on the downside, lack of proper reimbursement policies and high cost of bone cement or glue is posing a challenge to the growth in the market. Apart from that, exhaustive clinical data needed to designing new products is also another drawback.

Depending upon end users, the global bone cement and glue market can be divided into ambulatory surgery centers, hospitals, and clinics and physician’s offices. Among them, the hospital segment is generating maximum demand and will likely continue doing so in the near future due to the increasing number of orthopedic surgeries conducted in hospitals and the building of hospitals or increasing capacities in existing ones in developing countries.

Global Bone Cement & Glue Market: Market Potential

The bone cement and glue market find application in arthroplasty, total hip arthroplasty, total knee arthroplasty, total shoulder arthroplasty, vertebroplasty, and kyphoplasty. Arthroplasty, among them, will likely hold the largest market share owing to the rising number of hip, knee, and shoulder injuries.

Global Bone Cement & Glue Market: Regional Outlook

From a geographical standpoint, Europe and North America dominate the global market for bone cement and glue because of the advanced healthcare facilities and presence of key players in the region. Vis-à-vis growth rate, on the other hand, Asia Pacific is expected to steal the show on account of the fast developing healthcare infrastructure, rising medical tourism, penetration of prominent international players, initiatives by authorities to promote sports, and the growing pool of elderly in the region.

Global Bone Cement & Glue Market: Competitive Analysis

Some of the prominent participants in the global market for bone cement and glue are Zimmer Biomet, Stryker, DePuy Synthes, Arthrex, DJO Global, Smith & Nephew, Exactech, Trimph, Heraeus Medical, CryoLife, TEKNIMED, and Cardinal Health. The report tracks their key products, sales and revenues, and market shares. It also provides insights into the opportunities they can tap into and the pitfalls they need to avoid.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?