The World Health Organization in its 2019 report mentioned that each year approximately 250,000 to 500,000 people suffer with spinal cord injuries worldwide. The National Trauma Institute (U.S.) has stated that motor accidents are responsible for 30% of all the deaths due to trauma. Researchers at the University of Utah has investigated the secretions produced by sandcastle worm to contain biocompatible adhesive properties that can be utilized to hold together fragmented bone pieces. An Australian biotech startup has patented TrimphDent which can enhance the regeneration of bone tissues.

Product segment of the global bone glue market comprises synthetic bone glue and natural bone glue. The synthetic bone glue is further sub segmented as methacrylate, cyanoacrylate and others. Bone glue finds potential medical applications such as arthroplasty, sports injuries, spine injury, trauma and others. To understand the market trends in the above segments, data forecast and market estimation is presented the report scope.

Country cross-sectional market estimation and data forecast in terms of products and applications is covered in the geography segment of global bone glue market.

Market assessment and competitive landscape gives brief description regarding the competition and existing trends between the synthetic bone glue and natural bone glue. The incumbent players involved in the manufacturing of Bone Glue are Baxter International, Inc., Luna Innovations Incorporated, Integra LifeSciences Corporation, Cryolife, B. Braun Melsungen AG, Tissuemed Ltd., C.R. Bard, Inc., Johnson and Johnson Private Limited, Cohera Medical, Inc., Chemence Medical, Inc., and DENTSPLY SIRONA, Inc.

Bone glue is a collagen or gelatin obtained from animal bones by the hydrolysis of collagen, procured through continuous boiling process. The bone glue thus formed forms a molecular bond with the glued objects. The sources of bone glue are bovine bones, rabbit bones, and cartilages and bones obtained from fish. Bone glue finds medicinal applications for treating arthroplasty, spine injuries and other applications such as woodwork and book binding. Natural bone glue is the first choice and is dominating the products segment due to easy availability of raw materials and compatibility with the human connective tissues. The limitations of natural bone glue include susceptibility to microbial contamination, short open time and thermal instability. Synthetic bone glue is going to be the trendsetter for the duration 2019-2029 on account of the inherent features such as thermal stability, least risk of microbial contamination and excellent bonding properties with the human connective tissues. Tier-1 players in bone glue market are Baxter International, Inc., B. Braun Melsungen AG, C.R. Bard, Inc., Chemence Medical, Inc., Cohera Medical, Inc., Cryolife, DENTSPLY SIRONA, Inc., Integra LifeSciences Corporation, Johnson and Johnson Private Limited, Luna Innovations Incorporated and Tissuemed Ltd.

Natural bone glue is 100% recyclable contributing towards environment sustainability. Poly methyl methacrylate has excellent adhesive properties owing to its innate features such as capability to in situ curing, polymerization and crosslinking with other methacrylate monomers. Additionally, antibiotics can be loaded in the poly methyl methacrylate matrix to reduce the risk of infection related to prosthesis, thereby minimizing the risk of infection. Arthroplasty covers around 45% of the market share of bone glue market as a result of increasing number of osteotomy surgical procedures being performed for joint treatment and rising demand for bone glue as a therapeutic supplement in the musculoskeletal tissue suture repair. Spinal injuries and trauma are on rise on account of rising prevalence of osteoporosis in geriatric population, increasing number of motor accidents and occupational hazards resulting in serious injuries to the joints.

The American Joint Replacement Registry in its third annual report on hip and knee arthroplasty cited that there has been a cumulative 427,000 procedures between 2017 and 2019. There has been an increase by 102% in arthroplasty procedures in 2019 in comparison to the previous year. Rapidly increasing establishments of orthopedic specialty clinics and rising demand for arthroplasty surgical procedures contributes to the consolidated hold of North America in bone glue market. The European bone glue market is influenced by the increasing number of motor accidents contributing to severe spinal cord and joint injuries. As reported in the International Osteoporosis Foundation, osteoporosis is responsible for hip fractures in Asia Pacific with huge prevalence in women. Poor diet devoid of calcium and magnesium and occupational hazards will result in the significant growth of Asia Pacific bone glue market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bone Glue market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Bone Glue market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Bone Glue market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Bone Glue market?
• Which is the largest regional market for Bone Glue market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Bone Glue market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Bone Glue market worldwide?