Press release
Global Bone Glue Market Accounting for US$ 1,032.9 Million by 2024
Persistence Market Research’s report titled “Global Market Study on Bone Glue: Rising Adoption of Bone Glue for Orthopedic Surgeries Expected to Boost Demand for Bone Glue over the Forecast Period,” has estimated that the global market for bone glue will register a CAGR of 7.0% during the assessment period of 2016-2024. Prevalence of bone related disorders continues to be on a rise, urging manufacturers to come up with advanced glues. Preference to bone glue remains higher for adhesion procedures in arthroplasty surgeries. By the end of 2024, the application of bone glue in arthroplasty surgeries is slated to surpass 40% share of global market value, rendering it as the most prominent application for bone glue adhesives.
Key end-use segments of the market include hospitals, specialty clinics and ASCs. High costs of orthopedic surgeries and growing number of accidents have increased the influx of orthopedic patients in hospitals. Since treating such patients requires the inclusion of bone glue as surgical adhesives, manufacturers are likely to concentrate their supply more towards hospitals and similar medical organizations. Specialty clinics are expected to be the second-most prominent end-user in the global bone glue market. On the account of their individual value share, specialty clinics and ASCs are projected to attribute to 17.9% and 10.9% share of the global bone glue market by 2024 end.
Regional Overview
In terms of value share, North America’s bone glue market accounts for half of the global market value, primarily due to advanced pharmaceutical production and robust healthcare infrastructure in the US. The bone glue market in the Asia Pacific region is expected to surge at the highest CAGR of 7.6% during the projected period. Latin America’s bone glue revenues are likely to surpass US$ 50 million by 2024, while bone glue sales in Middle East & Africa (MEA) region will expand sluggishly. On the other hand, revenues generated from bone glue sales in Europe are expected to be worth over US$ 150 million by the end of the forecast period.
Higher Demand for Synthetic Bone Glue
The production of bone glue through synthesis of constituent adhesive elements becomes more cost-effective and practical for manufacturers. Over 80% of global revenues estimated in 2016 and beyond are projected to be accounted by synthetic bone glue over natural bone glue. Revenues from global sales of synthetic product called methacrylate will incur a rise of estimated US$ 23.8 million between 2016 and 2017, while global cyanoacrylate revenues are likely to surpass US$ 250 million by 2024 end.
A Sample of this Report is Available Upon Request @ http://www.persistencemarketresearch.com/samples/3720
Ethicon & Baxter International: Key Market Players
As a manufacturer and supplier of bone glue adhesives, Ethicon, Inc. (US) is estimated to hold 40% revenue share of the global market. Baxter International Inc. is the other leading player in the global bone glue market. Companies such as Cryolife are expected to expand their market presence through increasing distribution. C. R. Bard, Inc., Luna Innovations Incorporated, B. Braun Melsungen AG, Cohera Medical, Inc., Tissuemed Ltd., Chemence Medical, Inc., Integra LifeSceinces Corporation, and DENTSPLY SIRONA Inc., are also some of the prominent companies participating in the growth of the global bone glue market.
Request to View Tables of Content @ http://www.persistencemarketresearch.com/market-research/bone-glues-market/toc
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Bone Glue Market Accounting for US$ 1,032.9 Million by 2024 here
News-ID: 532598 • Views: …
More Releases from Persistence Market Research
Smart Door Lock Market Anticipated to Hit USD 9.89 Billion by 2032
The global smart door lock market is experiencing transformative growth as consumer demand for security, convenience, and smart home integration intensifies. The market size is projected to increase from US$ 3,059.7 Mn in 2025 to US$ 9,890.6 Mn by 2032, registering a robust CAGR of 18.3% during the forecast period. Rising concerns about home and workplace security, combined with rapid technological innovations, are fueling the adoption of smart door locks.…
Diisononyl Phthalate Market to Reach US$4.6 Bn by 2031 Driven by Rising Demand i …
The global Diisononyl Phthalate (DINP) market is undergoing a steady expansion, shaped by evolving industrial applications, regulatory dynamics, and technological innovations in plasticizers. As a key phthalate plasticizer, DINP is predominantly used in the production of flexible polyvinyl chloride (PVC) products. Its superior durability, flexibility, and resistance to weathering make it indispensable across a wide range of industries, from construction and automotive to consumer goods.
According to the latest study by…
Propylene Carbonate Market to Reach US$468.2 Mn by 2031, Driven by Rising Demand …
The global propylene carbonate market is entering a promising growth phase, fueled by rising demand across multiple industries, particularly in electronics, automotive, and paints & coatings. Propylene carbonate, a highly versatile organic compound, is widely recognized for its exceptional solvent properties, biodegradability, and low toxicity, making it a preferred choice in green chemistry applications.
According to the latest study by Persistence Market Research, the market is expected to grow from US$275.5…
Flexible Electronics Market Anticipated to Hit USD 5,880.6 Million by 2030
The Global Flexible Electronics Market is forecasted to expand at a CAGR of 11.4%, increasing from a value of US$ 2,762.0 million in 2023 to US$ 5,880.6 million by 2030. Flexible electronics is transforming the conventional electronics industry by integrating lightweight, bendable, and conformable devices into everyday life. These technologies are being widely adopted across consumer electronics, healthcare, automotive, and wearable technology sectors, promising increased portability, efficiency, and user-friendly designs.
Elevate…
More Releases for Bone
Bone Densitometers (BDM): Precise Assessment of Bone Health and Osteoporosis Ris …
Bone Densitometers(BDM) Market 2023 Forecast: Unveiling Opportunities and Growth
Bone Densitometers(BDM) Market research report helps to recognize the market challenges and opportunities. Global Bone Densitometers(BDM) Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area including the volume of…
Demineralized Bone Matrix Market - A Natural Approach to Bone Repair: Deminerali …
Newark, New Castle, USA: The "Demineralized Bone Matrix Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Demineralized Bone Matrix Market: https://www.growthplusreports.com/report/demineralized-bone-matrix-market/7805
This latest report researches the industry structure,…
Bone Glue Market: Rising Adoption of Bone Glue for Orthopedic Surgeries Expected …
The Bone Glue Market is a rapidly growing segment of the medical industry, driven by the increasing prevalence of bone fractures and injuries and the rising demand for effective and reliable bone adhesives. Bone glue, also known as surgical adhesive, is a type of medical adhesive that is used to bond bones together during orthopedic surgeries. The market has been growing steadily for several years, and it is expected to…
Bone Glue Market: Rising Adoption of Bone Glue for Orthopedic Surgeries Expected …
The Bone Glue Market is a rapidly growing segment of the medical industry, driven by the increasing prevalence of bone fractures and injuries and the rising demand for effective and reliable bone adhesives. Bone glue, also known as surgical adhesive, is a type of medical adhesive that is used to bond bones together during orthopedic surgeries. The market has been growing steadily for several years, and it is expected to…
Bone Glue Market: Rising Adoption of Bone Glue for Orthopedic Surgeries Expected …
The Bone Glue Market is a rapidly growing segment of the medical industry, driven by the increasing prevalence of bone fractures and injuries and the rising demand for effective and reliable bone adhesives. Bone glue, also known as surgical adhesive, is a type of medical adhesive that is used to bond bones together during orthopedic surgeries. The market has been growing steadily for several years, and it is expected to…
Bone Graft Substitute Market Report 2018: Segmentation by Type (autograft, demin …
Global Bone Graft Substitute market research report provides company profile for ACE Surgical Supply Company, Inc., BioHorizons IPH, Inc., Dentium Co., Ltd., Dentsply Sirona, Institut Straumann AG, Medtronic plc, Stryker Corporation, Zimmer Biomet and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
