Global Bone Wax Market Assessment and Key Insights Analyzed till 2026
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Bone Wax Market – Global Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018 – 2026” offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Bone Wax market have been elaborated upon in the research report.Request Free Sample Copy of this Research Report @ https://www.mrrse.com/sample/16144
The global bone wax market is growing at a slow rate due to increasing penetration of substitute products, such as, bone hemostatic agents in the market. Nevertheless, factors such as increasing number of surgical procedures and rising prevalence of orthopedic disorders are driving the growth of global bone wax market. The global bone wax market was valued at US$ 68.8 Mn in 2017 and is projected to witness a compound annual growth rate (CAGR) of more than 2.3% from 2018 to 2026, to surpass the value of US$ 84.2 Mn by 2026.
Bone wax is a sterile mixture of beeswax that includes a wax-softening agent, such as isopropyl palmitate, used to stop bleeding from bone surfaces. Bone wax is used for mechanical hemostasis in bones during surgical procedures, such as orthopedics, thoracic surgery, neurosurgery, dental, traumatology, and oral and jaw surgery. Increase in number of surgical procedures is a major factor boosting the demand for the bone wax products. The number of surgical procedures has been rising since the past few years. Various factors responsible for the rise in the orthopedic surgical procedures are rise in cases of orthopedic diseases and accidental fracture cases. In addition, increasing use of absorbable bone wax products is another trending factor augmenting the growth of the bone wax market. Synthetic bone wax is made of water soluble polymers which reduce the associated complications. Furthermore, synthetic products look and feel like traditional bone wax products. Both synthetic and traditional bone wax are used as carriers for anti-inflammatory drugs used to reduce inflammation at the surgery site. These factors are expected to increase the adoption of bone wax products as compared to other bone hemostatic agents.
The bone wax market has been segmented broadly on the basis of different product types, such as, absorbable bone wax and non-absorbable bone wax. The bone wax market has been further categorized into material type synthetic bone wax and natural bone wax. In terms of application, the bone wax market has been divided into neurosurgery, thoracic surgery, orthopedic surgery, dental/oral surgery, and others. The bone wax end-user segment includes specialty clinics, hospitals, and ambulatory surgical centers. The hospitals segment is the major contributor of the global bone wax market. The segment is driven by increasing incidence of orthopedic disorders, especially among the geriatric population. The hospitals segment is followed by the ambulatory surgical centers and specialty clinics segments. Ambulatory surgical centers are highly popular in North America and Western Europe. Furthermore, these forms of health care providers are gaining popularity in the emerging economies as well.
Read Comprehensive Overview of Report @ https://www.mrrse.com/bone-wax-market
In terms of application, the orthopedic surgery segment held the leading share of the global bone wax market. Orthopedic surgery deals with conditions involving the skeletal system and associated joints, muscles, and ligaments. Orthopedic surgery is performed to treat musculoskeletal trauma, tumors, degenerative diseases, congenital disorders, infections, and sports injuries. Bone wax offers hemostatic character to block the bleeding of the bone. Increase in the prevalence of orthopedic diseases and accidents drives the growth of the orthopedic surgery segment.
The orthopedic surgery segment is followed by neurosurgery, thoracic surgery, and dental/oral surgery segments. Neurological surgery or neurosurgery is a medical specialty concerned with the surgical treatment and rehabilitation of disorders that affect the nervous system, including the peripheral nerves, spinal cord, brain, and cerebrovascular system. Thoracic surgery (also known as cardiothoracic surgery) is a field of medicine that is involved in the surgical treatment of organs inside the chest (the thorax). It includes treatment of conditions related to the lungs and the heart.
By geography, the global bone wax market has been classified into five major regions: North America, Europe, Asia, Latin America, and Middle East & Africa. North America and Europe constituted the dominant share of the global bone wax market, followed by Asia Pacific, Latin America, and Middle East & Africa. The U.S. dominated the bone wax market in North America, which can be ascribed to factors such as awareness among people and high price of products. Furthermore, the bone wax market in the country is driven by increase in adoption of newly introduced bone wax products and favorable insurance plans covering costly surgical procedure treatment. Europe is the second major market for bone wax. Germany is a major contributor to the bone wax market in Europe. The bone wax market in the Asia Pacific is growing rapidly, driven primarily by the developing countries such as India and China. Increasing awareness about surgical procedures and expenditure on health care drives the bone wax market in Asia Pacific. However, low penetration of health care facilities and lack of availability for bone wax products have become a restraining factor for the bone wax market in developing and undeveloped regions, such as, Latin America and Middle East & Africa.
Key players operating in the bone wax market are ABYRX, INC., Ethicon, Inc. (Johnson & Johnson), B. Braun Melsungen AG, Covidien plc. (Medtronic plc.), Baxter International, Medline Industries, Inc., Futura Surgicare Pvt Ltd., GPC Medical Ltd., WNDM Medical Inc., Surgical Specialties Corporation, and Bentley Healthcare Pvt. Ltd.
About (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Bone Wax Market Assessment and Key Insights Analyzed till 2026 here
News-ID: 1064347 • Views: …
More Releases from Market Research Reports Search Engine - MRRSE
Global Video Event Data Recorder Market: Industry Analysis and Opportunity Asses …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Video Event Data Recorder Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
To Get Sample Report @ https://www.mrrse.com/sample/2941
The global video event data recorder (VEDR)…
Global Octabin Market key Insights Based On Product Type, End-use and Regional D …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Octabin Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Get Sample Report with More Info @ https://www.mrrse.com/sample/16143
Packaging solutions for bulk cargo are gaining fast…
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Support …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled“Global Ion Beam Technology Market”to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Click here – Request Sample Report @ https://www.mrrse.com/sample/3126
Application of ion beam was rarely found…
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harco …
This report on the Global Cash-in Transit Bags Market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and policies and regulations which are expected to influence the cash-in transit bags market growth during the said period.…
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics…
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on…