The bone glue market comprises adhesives and sealants that are used for bone repair and regeneration. Bone glue products such as cyanoacrylate adhesives, collagen matrix, and recombinant human bone morphogenetic protein-2 fillers are extensively used in orthopedic, trauma, dental, and spinal surgeries to join fractured bones or replace missing bone parts. Bone glues provide several advantages over traditional metal plates and screws such as reduced surgical time, fast healing without pressure buildup at the fracture site, and minimal post-surgical complications. The increasing need for instant bone reconstruction during trauma and accident surgeries is propelling the demand for bone glues globally.
The Global Bone Glue Market is estimated to be valued at US$ 2,332.0 Mn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030.
Key Takeaways
Key players operating in the Bone Glue market are Cryolife, Luna Innovations Incorporated., St. Jude Medical, Inc. (Abbott Laboratories), Johnson and Johnson, Cohera Medical Inc, Tissuemed Ltd., Integra Lifesciences Corporation, Baxter International Inc., B.Braun Melsungen AG, DENTSPLY SIRONA Inc., Chemence Medical Inc., LaunchPad Medical, and C.R. Bard Inc. The key players are focusing on new product launches and regulatory approvals to strengthen their market position.
The bone glue market provides significant opportunities such as the development of bioadhesive sealants containing antimicrobial agents and growth factors. Technological advancements include the development of acrylic polymer-calcium phosphate composite bone cements with enhanced mechanical strength and bone regeneration properties.
Market Drivers
Increasing number of trauma injuries and accidents: Rising road accidents and injuries have augmented the number of bone fracture cases, thus propelling the demand for advanced bone repair solutions including bone glues.
Growing geriatric population: Older population is more susceptible to bone diseases like osteoporosis and joint disorders leading to bone fractures, thus boosting the bone glue market size.
Advantages over conventional fixation techniques: Superior properties of bone glues like reduced surgery time and fast healing are driving surgeons and patients towards osseous adhesives.
Current Challenges in Bone Glue Market
The bone glue market is facing various challenges. Finding alternatives to bone grafting procedures like bone cement is still difficult. The adhesive strength of bone glues are lower than screws or plates used in surgeries. Developing bone glues that can cure and adhere strongly in wet environments inside the body still remains a bottleneck. Bone glues should degrade gradually allowing new bone to regenerate naturally without weakening the fracture site prematurely. There are challenges in controlling and customizing the degradation rate of different bone glues to suit various bone fractures and patient needs. High variability between patients and fracture types adds complexity. Stringent regulatory approvals for new products also delay market entry of improved bone glues.
SWOT Analysis
Strength: Bone glues offer minimal invasive solutions avoiding secondary surgery for implant removal. They help in faster recovery, less pain and scarring for patients.
Weakness: Adhesive strength and wet setting ability still lag conventional fixation methods. Degradation properties are difficult to control precisely.
Opportunity: Growing geriatric population and injuries demand alternatives to bone grafts and plates. New formulations can help expand applications in trauma, orthopedic and dental surgeries.
Threats: Stringent regulations delay market entry of new products. Alternate methods like 3D printing of implants could emerge challenging bone glues role.
The North American region accounts for the largest share in the bone glue market, both in terms of value and volume. This is attributed to factors such as rising prevalence of osteoporosis, increasing healthcare expenditure, and growing number of surgeries. The Asia Pacific region is projected to witness the highest growth during the forecast period. This is owing to large patient pool, rising medical tourism, and growing healthcare standards in emerging countries.
China dominates the Asia Pacific region and is the fastest growing market for bone glue globally. Factors like huge population base, widespread road accidents, improving access to healthcare and rising medical infrastructure are propelling the demand. The bone glue market is also witnessing spurring growth in other Asian countries like India, Japan and South Korea driven by increasing aging population, lifestyle diseases and focus on advanced treatments.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it