Bone glue is a type of sealing and hemostatic agent that helps join together pieces of bones fractured due to accidents or undergoes orthopedic surgeries and procedures like spinal fusion. It forms a strong bond between bones like glue and consolidates the bone fragments in their original position to trigger natural bone healing. Bone glue is easy to use, less invasive and provides immediate fixation of bone fragments compared to metal plates or screws used traditionally in orthopedic surgeries. The use of bone glue helps save surgery time, decreases post-surgical pain, and does not require any implant removal surgery. Growing sports injuries, road accidents and increasing aging population suffering from osteoporosis and orthopedic conditions are fueling demand for bone glue 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 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 engaged in new product launches and strategic collaborations to strengthen their market position.
The bone glue market is anticipated to witness high growth owing to increasing geriatric population, rising sports, and road injuries. According to the United Nations, between 2015 and 2050, the proportion of the world’s population over 60 years will nearly double from 12% to 22%. Moreover, as per the Centre of Disease Prevention and Control report 2020, around 3.4 million road traffic accidents occur in India annually with over 1,50,000 road deaths reported in the country.
Growing technological advancements to develop innovative biomaterials for bone glues such as genetically engineered adhesives, growth factor incorporated bone glues, and 3D printed implantable bone glues are expected to revolutionize orthopedic treatment procedures over the forecast period. This will further propel the demand for bone glue in orthopedic surgeries globally.
Market Trends
Growing use of 3D printed bone glues - Researchers are developing advanced 3D printing technologies to fabricate patient-specific bone implants using various biomaterials like synthetic polymers or calcium phosphates that can act as bone glues and hard tissues replacement. 3D printed implants with bone glues are expected to facilitate complex surgeries and accelerate bone healing.
Rising popularity of genetically engineered bone glues - Scientists are engineering biological adhesives using advanced gene sequencing and modification techniques. These genetically engineered bone glues are formulated using natural proteins and possess adhesive properties comparable to natural bone structures providing stronger fixation.
Market Opportunities
- Untapped emerging markets -Majority of bone glue sales currently occur in developed regions of North America and Europe. Emerging nations of Asia Pacific and Latin America offer huge untapped market opportunities with growing healthcare Infrastructure and increasing organizes sports.
- Adoption in trauma and accident care hospitals - Though widely adopted in elective orthopedic procedures, increasing promotion and educationactivities can help utilize bone gluing in trauma surgeries too for quick fixation of open fractures in emerging markets.
The COVID-19 pandemic has significantly impacted the growth of the Bone Glue market. With the outbreak of the virus, there has been a decline in orthopedic surgeries which are the major application area of bone glues. Several elective surgeries were postponed or canceled during the peak of the pandemic to avoid the spread of infection in hospitals and allocate medical resources for COVID care. This reduced the demand for bone glues from the orthopedic sector. However, post-COVID it is expected that there will be a rise in orthopedic procedures as elective surgeries resume fully. This will help drive the bone glue market growth. Manufacturers are also focusing on developing bone glues with antimicrobial properties that can provide enhanced protection against infection during surgery. This is important considering hospitals aim to prevent infection transmission. Looking ahead, as the pandemic situation improves globally it is likely the bone glue market will witness stronger growth trajectories driven by increase in orthopedic volumes.
In terms of geography, North America is currently the largest market for bone glues in terms of value. This is due to factors such as high prevalence of orthopedic diseases, rising elderly population undergoing joint replacement surgeries, and growing number of trauma injuries in the region. Within North America, the US accounts for the majority share owing to its developed healthcare infrastructure and reimbursement systems supportive of new medical technologies. Asia Pacific is anticipated to be the fastest growing market for bone glues during the forecast period. This is attributed to factors such as growing medical tourism, increasing healthcare spending, rising awareness about bone glue applications, and improving access to healthcare in emerging countries like China and India in the region.
With respect to orthopedic applications, bone glues are majorly utilized for spine surgeries, trauma fixation, and joint reconstruction procedures. Spinal fusion surgeries currently hold the largest share of the bone glue market. This is due to the increasing prevalence of spine disorders, rising volume of spine fusion procedures, and advantages offered by bone glues over traditional fixation methods like screws and rods in such surgeries. The trauma fixation segment is expected to witness high growth during the forecast period. This is attributed to factors like growing incidence of bone fractures due to road accidents and trauma injuries, especially in developing nations.
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
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