Bone Cement & Glue Market, 2031 | Current Trends | Regional Outlook | Competitive Analysis | BioSpace

2022-08-08 21:16:48 By : Mr. Daniel Sun

Bone glue and bone cement are two products used to fix the fractured or broken bones. Currently, the bone cement segment is churning maximum demand in the global market. This is due to rise in cases of osteoporosis and increase in number of arthroplasty treatments all over the world. Nevertheless, in coming years, the bone glue segment is anticipated to witness a faster rise in demand as compared to bone cement segment due to rise in cases of orthopedic surgeries and fractures. Bone cement is also known as polymethyl methacrylate (PMMA). It is used widely in in various trauma surgery and orthopedic treatments. On the other hand, bone glue is used to replace small plates and screws that hold different bone fragments together in one place for some time so that the breaking is healed.

The increase in number of old age people, sport injuries, and increased road accidents due to excessive traffic, and trauma cases are some of the factors fueling the rise in demand for global bone cement and glue market. Besides, advancements in degenerative medicines is another factor influencing the market growth. On the flip side, dearth of proper imbursement policies and increased cost of bone glue or bone cement is anticipated to hinder the development of bine cement and glue market. Besides, a detailed clinical data is needed to develop new product. This factor can also obstruct market growth in coming years.

Global Bone Cement & Glue Market: Overview

The two products bone cement and bone glue are meant to fasten broken or fractured bones together. At present, the bone cement segment is generating maximum demand in the market, finds our report published in TMR Research. This is because of the increasing occurrence of osteoporosis and growing number of arthroplasty procedures being carried out worldwide. However, going forward, the bone glue is expected to see its demand and sales rise faster than bone cement because of the growing number of fractures and orthopedic surgeries.

Bone cement is also known as polymethyl methacrylate (PMMA) and finds widespread application in different orthopedic and trauma surgery. Bone glue on the other hand is used to supplant tiny screws and plates meant to hold fragments in place for enough time for the healing of the break.

The report predicts that robust competition in the market will be fanned by players wanting a greater share of the pie through the launch of innovative products with effective functionalities. To that end, they are seen pulling out all stops to comply with industry regulations and various government policies.

GET BROCHURE OF THE REPORT

Global Bone Cement & Glue Market: Key Trends

Majorly fuelling the global bone cement and glue market is the rising number of sport injuries, growing pool of elderly, and the increasing number of road accidents and trauma cases. Apart from that, developments in regenerative medicine is also positively influencing the market. However, on the downside, lack of proper reimbursement policies and high cost of bone cement or glue is posing a challenge to the growth in the market. Apart from that, exhaustive clinical data needed to designing new products is also another drawback.

Depending upon end users, the global bone cement and glue market can be divided into ambulatory surgery centers, hospitals, and clinics and physician’s offices. Among them, the hospital segment is generating maximum demand and will likely continue doing so in the near future due to the increasing number of orthopedic surgeries conducted in hospitals and the building of hospitals or increasing capacities in existing ones in developing countries.

Global Bone Cement & Glue Market: Market Potential

The bone cement and glue market find application in arthroplasty, total hip arthroplasty, total knee arthroplasty, total shoulder arthroplasty, vertebroplasty, and kyphoplasty. Arthroplasty, among them, will likely hold the largest market share owing to the rising number of hip, knee, and shoulder injuries.

GET TABLE OF CONTENT OF THE REPORT

Global Bone Cement & Glue Market: Regional Outlook

From a geographical standpoint, Europe and North America dominate the global market for bone cement and glue because of the advanced healthcare facilities and presence of key players in the region. Vis-à-vis growth rate, on the other hand, Asia Pacific is expected to steal the show on account of the fast developing healthcare infrastructure, rising medical tourism, penetration of prominent international players, initiatives by authorities to promote sports, and the growing pool of elderly in the region.

Global Bone Cement & Glue Market: Competitive Analysis

Some of the prominent participants in the global market for bone cement and glue are Zimmer Biomet, Stryker, DePuy Synthes, Arthrex, DJO Global, Smith & Nephew, Exactech, Trimph, Heraeus Medical, CryoLife, TEKNIMED, and Cardinal Health. The report tracks their key products, sales and revenues, and market shares. It also provides insights into the opportunities they can tap into and the pitfalls they need to avoid.

GET DISCOUNT ON THE LATEST REPORT

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Rohit Bhisey TMR Research, 3739 Balboa St # 1097, San Francisco, CA 94121 United States Tel: +1-415-520-1050 Visit Site: https://www.tmrresearch.com/

© 1985 - 2022 BioSpace.com. All rights reserved. Powered by Madgex Job Board Software

llTo(duration=200)" class="scrollToTop">Top