Press release
Bone Glue Market is See Incredible Growth? Cryolife, Luna Innovations Incorporated, Johnson and Johnson, Cohera Medical Inc., Tissuemed Ltd., Integra Lifesciences Corporation, Baxter International Inc., B.Braun Melsungen AG, DENTSPLY SIRONA Inc., Chemence
Bone Glue
Approximately 1.5 million bone splintering cases lead to over half a million hospitalizations in the U.S. each year. Hip fractures is one of the prevalent of bone fractures, resulting in over 300 thousand hospitalizations annually. Apart from general bone fracture, procedures related to bone, such as arthroplasty and rising demand for advanced bone glues in North America and Europe are factors projected to fuel growth of the global market over the forecast period.
Product portfolio expansion and development of new products that can heal the bone crack, are some of the other factors augmenting growth of the global bone glue market. Complex regulatory process and limited therapeutic applications of wound care products are impeding growth of the global bone glue market.
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Detailed Segmentation:
By Product:
Synthetic Bone Glue
Natural Bone Glue
By Therapeutic Application:
Arthroplasty
Sports Injuries
Spinal Injuries
Others
By End User:
Hospitals
Clinics
Specialized Orthopedics Clinics
Ambulatory Surgical Centers
Rising prevalence of musculoskeletal, is increasing the burden on patients and the overall healthcare system. Medical conditions such as osteoarthritis, rheumatoid arthritis, osteoporosis, and low back pain, which are closely associated with musculoskeletal condition, account for a significant portion of the global healthcare burden. Osteoarthritis is characterized by cartilage joint damage, which leads to severe pain and mobility, mainly in the knees and hip joints.
Growing number of joint replacement surgeries helping people overcome pain due to rheumatoid arthritis are also driving growth of the bone glue market. Rheumatoid arthritis causes inflammation of the joints and usually affects multiple joints, affecting 0.3–1.0% of global population and high prevalence among women in developed regions. This creates highly lucrative growth opportunities for players in the global bone glue market.
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Some of the major players involved in global bone glue market are Cryolife, Luna Innovations Incorporated, Johnson and Johnson, Cohera Medical Inc., Tissuemed Ltd., Integra Lifesciences Corporation, Baxter International Inc., B.Braun Melsungen AG, DENTSPLY SIRONA Inc., Chemence Medical Inc., and C.R. Bard Inc.
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