openPR Logo
Press release

Healthcare Digital Solutions to be the growth parameter of Bone Glues Market at a CAGR of 7.0%

06-28-2022 06:00 PM CET | Health & Medicine

Press release from: Persistence Market Research

Healthcare Digital Solutions to be the growth parameter of Bone

The reluctance of orthopedic patients towards the use of conventional cementing materials for surgical adhesion procedures is influencing the development of organic alternatives. Globally, the consumption of bone glue in hospitals is on an upsurge, owing to their widespread acceptance by both healthcare professionals and patients. The global market for bone glue is currently valued at US$ 600.6 million, and is expected to reach US$ 1,032.9 million in revenues by the end of 2024.

Persistence Market Research's report titled "Global Market Study on Bone Glue: Rising Adoption of Bone Glue for Orthopedic Surgeries Expected to Boost Demand for Bone Glue over the Forecast Period," has estimated that the global market for bone glue will register a CAGR of 7.0% during the assessment period of 2016-2024.

Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/3720

Companies

Cryolife
Baxter International Inc.
Luna Innovations Incorporated
B. Braun Melsungen AG
Johnson and Johnson
DENTSPLY SIRONA Inc.
Cohera Medical, Inc.
Chemence Medical, Inc.
Tissuemed Ltd.
C.R. Bard Inc.
Integra LifeSciences Corporation
Others

The prevalence of bone related disorders continues to be on a rise, urging manufacturers to come up with advanced glues. Preference to bone glue remains higher for adhesion procedures in arthroplasty surgeries. By the end of 2024, the application of bone glue in arthroplasty surgeries is slated to surpass 40% share of global market value, rendering it as the most prominent application for bone glue adhesives.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/3720

Key end-use segments of the market include hospitals, specialty clinics and ASCs. High costs of orthopedic surgeries and growing number of accidents have increased the influx of orthopedic patients in hospitals. Since treating such patients requires the inclusion of bone glue as surgical adhesives, manufacturers are likely to concentrate their supply more towards hospitals and similar medical organizations.

Specialty clinics are expected to be the second-most prominent end-user in the global bone glue market. On the account of their individual value share, specialty clinics and ASCs are projected to attribute to 17.9% and 10.9% share of the global bone glue market by 2024 end.

Regional Overview

In terms of value share, North America's bone glue market accounts for half of the global market value, primarily due to advanced pharmaceutical production and robust healthcare infrastructure in the US. The bone glue market in the Asia Pacific region is expected to surge at the highest CAGR of 7.6% during the projected period.

Latin America's bone glue revenues are likely to surpass US$ 50 million by 2024, while bone glue sales in Middle East & Africa (MEA) region will expand sluggishly. On the other hand, revenues generated from bone glue sales in Europe are expected to be worth over US$ 150 million by the end of the forecast period.

Higher Demand for Synthetic Bone Glue

The production of bone glue through synthesis of constituent adhesive elements becomes more cost-effective and practical for manufacturers. Over 80% of global revenues estimated in 2016 and beyond are projected to be accounted by synthetic bone glue over natural bone glue. Revenues from global sales of synthetic product called methacrylate will incur a rise of estimated US$ 23.8 million between 2016 and 2017, while global cyanoacrylate revenues are likely to surpass US$ 250 million by 2024 end.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/3720

Ethicon & Baxter International: Key Market Players

As a manufacturer and supplier of bone glue adhesives, Ethicon, Inc. (US) is estimated to hold 40% revenue share of the global market. Baxter International Inc. is the other leading player in the global bone glue market. Companies such as Cryolife are expected to expand their market presence through increasing distribution. C. R. Bard, Inc., Luna Innovations Incorporated, B. Braun Melsungen AG, Cohera Medical, Inc., Tissuemed Ltd., Chemence Medical, Inc., Integra LifeSceinces Corporation, and DENTSPLY SIRONA Inc., are also some of the prominent companies participating in the growth of the global bone glue market.

Access PMR Exclusive Reports-

Testing Inspection And Certification Market- https://www.persistencemarketresearch.com/market-research/testing-inspection-and-certification-market.asp

8K Technology Market- https://www.persistencemarketresearch.com/market-research/8k-technology-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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 Healthcare Digital Solutions to be the growth parameter of Bone Glues Market at a CAGR of 7.0% here

News-ID: 2665474 • Views: 170

More Releases from Persistence Market Research

Diffractive Optical Elements Market is set to register a CAGR of 6.4% from 2022 …
According to Persistence Market Research analysis, adoption of diffractive optical elements reached a valuation of US$ 647 Mn in 2021, and is set to register a CAGR of 6.4% from 2022-2031. Diffractive optical elements are rapidly finding their way into many practical optical systems, and this has given rise to a spurt of research & developmental activities in this area. Reduction of the volume of optical elements alongside an increase in
Ultra-Portable Speakers Market is anticipated to rise at an impressive CAGR of 1 …
As per this revised research analysis by Persistence Market Research, the global ultra-portable speakers market held a net worth of US$ 1.9 Bn in 2020, and analysis predict the valuation to surge to US$ 5.9 Bn by the end of the decade. Global demand for ultra-portable speakers is anticipated to rise at an impressive CAGR of 12% over the next ten years. Use of technology and smartphones has increased substantially over
LED Lighting Solutions Market is slated to increase at a healthy CAGR of 15% fro …
According to the LED lighting solutions industry analysis by Persistence Market Research, demand registered in the market is slated to increase at a healthy CAGR of 15% from 2022-2031. The report reveals a market valuation of US$ 81 Bn at present. As per the analysis, adoption of LED lighting solutions has been increasing due to the high durability of LED Lights, reduction in the prices of LEDs, and high energy-efficiency
Consumer Identity and Access Management Market is slated to surge at a CAGR of 1 …
This revised consumer identity and access management analysis by Persistence Market Research states that the global market held a net worth of US$ 9.5 Bn in 2020, and is expected to bloat in valuation to US$ 29.5 Bn by the end of 2031. As per this updated analysis, the global consumer identity and access management market is slated to surge at a CAGR of 12% over the decade. The world has

All 5 Releases


More Releases for Bone

Bone Fixation Screw Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Bone Fixation Screw Market: Global Opportunity Analysis and Industry Forecast 2020-2027’. The Bone Fixation Screw Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are likely to have
Bone Implant Market Gaining Momentum Worldwide - CT-Bone, 3D printed Bone Implan …
Market Highlights Bone implant products are used in numerous orthopedic surgeries to support the bone and to restore the functionality of the bone. The increasing geriatric population, growing number of orthopedic surgical procedures, rising prevalence of sports-related injuries, and bone weakness due to the changing lifestyle are the major factors driving the growth of the global bone implant market. Additionally, aggressive strategies adopted by top players and increasing spending on healthcare
Bone Fixation Screw Market
Global Bone Fixation Screw Market Research Report 2018 https://www.qandqmarketresearch.com/reports/bone-fixation-screw-market-26 This report studies the global Bone Fixation Screw market status and forecast, categorizes the global Bone Fixation Screw market size value & volume by key players, type, application, and region. This report focuses on the top players in North America, Europe, AsiaPacific, South America, and Middle East & Africa. Bone fixation is a surgical procedure that stabilizes and fix bone grafts and bone filling
Bone Replacement Products Market– Effective Solution for Bone Problems
The innovative replacement systems are designed to provide patients with a joint preservation ultimatum, preserving the healthy parts of the knee, thus helping to maintain natural knee function. For instance, in 2014, Cayenne Medical launched the Mirror Partial Knee System, the only knee replacement system that uses the patient’s natural knee motion during the surgical procedure. This unique technology balances the knee throughout the entire range of motion. The
Bone Degeneration Therapeutics Market
Bone degeneration is characterized by deterioration of articular cartilage covering the joints. Cartilage aids free movement of the joint without any resistance. Reduction in flexibility of the joint due to deterioration of cartilage leads to inflammation, compressed nerves, and pain. Aging is one of the natural causes of bone degeneration, which is also fueled by several conditions such as injuries, congenital disorders, diabetes, and obesity. Symptoms of degenerative bone disorders
Bone Cancer Treatment Market
Cancer is one of the most prevalent fatal chronic disorders with a high mortality rate due to its extremely invasive nature and prolonged duration of disease. Bone cancer is a type of cancer in which the bone tissues grows in an uncontrollable manner. This growth may be benign or malignant. In most cases bone cancer results from other cancers such as lung cancer, kidney cancer, prostate cancer, and breast cancer,