Bone Glue Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis

The Global Bone Glue Market was valued at US$ 1,648.3 million in 2015 and is projected to expand at a CAGR of 6.3% during the forecast period (2016-2024), as highlighted in a new report published by Coherent Market Insights. Growing incidence of fractures and rapidly aging population are expected to be major factors driving growth of the global bone glue market over the foreseeable future.
Each year, an estimated 1.5 million people suffer from bone fracture, which leads to bone diseases. Fractures are the most common musculoskeletal medical condition, which accounts for a high number of hospitalization cases. Nearly one-third of bone disorder patients are admitted in hospitals or private day care centers. Thanks to the use of certain advanced bone glue products that are highly effective in treating minor fractures, a substantial number of people who suffer from fractures do not require any hospitalization.
Bone density decreases with age, often leading to bone disorders among people over 60 years of age. According to WHO, bones become especially fragile in elderly women. Approximately, 1 in 4 women, i.e. around 24% of women aged 50 or older suffer from falls each year, as compared to nearly half of women aged 85 years and above. In many instances most of the falls lead to fracture, out of which 35-40% of bone fractures are healed or joined with the use of bone glue.
Musculoskeletal is a medical condition, which increases burden on an individual and healthcare system. Social care plays a pivotal role in ensuring effective healing in developed and under developed nations alike. Medical conditions under musculoskeletal conditions such as osteoarthritis, rheumatoid arthritis, osteoporosis, and low back pain 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. According to WHO and United Nations, osteoarthritis affects 9.6% of males and 18% of females over 60 years and above. Increase in life expectancy and rapidly aging population are the major factors fueling incidence rate of osteoarthritis. It is projected to be the fourth largest cause of disability by 2020. Various joint replacement surgeries are conducted each year helping people overcome pain due to rheumatoid arthritis. 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.
Key takeaways of the bone glue market:
• The global bone glue market is expected to expand at a CAGR of 6.3% during the forecast period (2016-2024) as there exists a huge unrealized market especially in Asia Pacific, Latin America, Middle East and Africa
• The natural bone glue dominates the market in the product segment, as it is the easy affordable product and this product is used for multiple fractures and tissue damage
• Arthroplasty and spinal Injuries are the major therapeutic application of bone glue market, as these therapeutic applications are more in number when compared to other bone disorders where bone glue is required
• 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.

Global Forage Analysis Market Research Report 2018

Published Date : Oct 2018

Forage Analysis Report by Material, Application, and Geography - Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, German...

Global and Chinese Brake Pad Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Brake Pad Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Brake Pad industry with a focus on the Chinese market. The report provides key statistics on the market status of the Brake Pad manufacturers and i...

Global and Chinese Blackcurrant Concentrate Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Blackcurrant Concentrate Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Blackcurrant Concentrate industry with a focus on the Chinese market. The report provides key statistics on the market status of the Bl...

Global and Chinese Bisoprolol Fumarate Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Bisoprolol Fumarate Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Bisoprolol Fumarate industry with a focus on the Chinese market. The report provides key statistics on the market status of the Bisoprolol F...

Global and Chinese Bio-Polyethylene Terephthalate Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Bio-Polyethylene Terephthalate Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Bio-Polyethylene Terephthalate industry with a focus on the Chinese market. The report provides key statistics on the market stat...

Global and Chinese Bio-Mono Ethylene Glycol Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Bio-Mono Ethylene Glycol Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Bio-Mono Ethylene Glycol industry with a focus on the Chinese market. The report provides key statistics on the market status of the Bi...

Global and Chinese Bicycles Trading Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Bicycles Trading Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Bicycles Trading industry with a focus on the Chinese market. The report provides key statistics on the market status of the Bicycles Trading m...

Global and Chinese Betulin(CAS 473-98-3) Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Betulin(CAS 473-98-3) Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Betulin(CAS 473-98-3) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Betulin(...

Global and Chinese Betamethasone Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Betamethasone Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Betamethasone industry with a focus on the Chinese market. The report provides key statistics on the market status of the Betamethasone manufactur...

Global and Chinese Bepotastine besylate Industry, 2017 Market Research Report

Published Date : Oct 2017

The 'Global and Chinese Bepotastine besylate Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Bepotastine besylate industry with a focus on the Chinese market. The report provides key statistics on the market status of the Bepotastin...

 

Select License :

  • Single User : $4500
  • Multiple User : $7000
  • Corporate User : $10000

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.