Bone Cement & Glue Market to Surpass US$ 2.2 Billion, Expanding at 5.4% CAGR by 2032: Fact.MR Analysis

The bone cement & glue market is projected to expand in the U.S. as a result of advances in osteoporosis therapeutics, the rapid expansion of orthopedic specialty clinics, government initiatives to support sports, and huge demand for arthroplasty surgeries.

Rockville, July 04, 2023 (GLOBE NEWSWIRE) — According to the latest published industry report by Fact.MR, a market research and competitive intelligence provider, the Bone Cement & Glue Market is valued at US$ 1.3 billion in 2022. Materials such as bone cement and glue are used to repair broken or diseased bones or joints. These devices come in a variety of sizes and forms and are made of materials such as metal, plastic, or ceramic. While bone glue is used to mend joints, bone cement is primarily utilized to treat fractures.

To support and stabilize the bone, bone cement is injected into it; nevertheless, to hold the bone together, bone glue is put to the surface of the bone. The value of bone glue and cement resides in their capacity to strengthen and stabilize broken bones or unstable joints.

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Bone tissue degradation and low bone density are symptoms of osteoporosis. Patients with osteoporosis are more likely to suffer fractures. Osteoporosis increases the chances of fractures and joint surgeries. Due to the high incidence of osteoporosis, bone cement sales and demand are rising, which is promoting the evolution of the market.

Demand for arthroplasty is expanding significantly due to an increase in osteotomy surgical procedures conducted for joint treatment and the growing need for bone glue as a therapeutic addition in musculoskeletal tissue suture repair.

Key Takeaways from Market Study

• The global bone cement & glue market is predicted to reach US$ 2.2 billion by 2032.
• Market in Germany is anticipated to progress at a CAGR of 4% through 2032.
• Market in Canada is forecasted to expand at a CAGR of 4.5% over the forecast period (2022-2032).
• Demand for bone glue is estimated to rise at a CAGR of 3.5% from 2022 to 2032.

“Growing initiatives by government and non-profit organizations for highly advanced healthcare systems, huge demand for minimally-invasive surgical methods, and rapid adoption of bone cement for spinal bone regeneration are factors fostering market growth,” says a Fact.MR analyst

Competitive Landscape

Companies in the bone cement & glue market are following tactics such as new product advancements and introductions, regulatory approvals, and business expansions.

For instance,

• In 2021, to market and commercialize Celularity’s placenta-derived biomaterial products for orthopedics and sports medicine in the U.S., Arthrex, Inc. and Celularity, Inc. engaged in a distribution agreement. According to the agreement, Celularity would continue to be in charge of product manufacturing and supply while giving Arthrex the only commercial distribution rights for orthopedic surgery and sports medicine.

Key Companies Profiled

• Exactech, Inc.
• Teknimed
• Arthrex, Inc.
• CryoLife, Inc.
• Stryker Corporation
• DJO Global, Inc.
• Heraeus Medical LLC
• Cardinal Health, Inc.
• Smith & Nephew PLC
• DePuy Synthes
• Trimph Pty Ltd
• Zimmer Biomet Holdings, Inc

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Winning Strategy

Top companies are focusing on new product innovations to improve their production capabilities. Leading players are forming partnerships to diversify end-use portfolios and boost market share. To introduce high-end products and acquire a competitive edge in the market, key manufacturers are investing in research and development projects.

For instance,

• In 2021, OrthoSensor, Inc., which focuses on the digital transformation of orthopaedic treatment, was acquired by Stryker Corporation. OrthoSensor, Inc. is a pioneer in sensor technology for total joint replacement and the digital progression of musculoskeletal treatment.

Key Segments in Bone Cement & Glue Industry Research

• By Type:
  • Bone Cement
    • Polymethyl Methacrylate (PMMA) Cement
    • Calcium Phosphate Cement (CPC)
    • Glass Polyalkenoate Cement (GPC)
    • Antibiotic-loaded Bone Cement
    • Non-antibiotic-loaded Bone Cement
  • Bone Glue
    • Natural Bone Glue
    • Synthetic Bone Glue
• By Application:
  • Arthroplasty
  • Kyphoplasty
  • Vertebroplasty
• By End User:
  • Hospitals
  • Clinics
  • Ambulatory Surgery Centers
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global bone cement & glue market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study divulges essential insights on the market on the basis of type of bone cement (polymethyl methacrylate (PMMA) cement, calcium phosphate cement (CPC), glass polyalkenoate cement (GPC), antibiotic-loaded bone cement, non-antibiotic-loaded bone cement) and bone glue (natural bone glue, synthetic bone glue), application (arthroplasty, kyphoplasty, and vertebroplasty), and end user (hospitals, clinics, ambulatory surgery centers), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

Check Out More Related Studies Published by Fact.MR Research:

Antibiotic-loaded Bone Cement Market: The antibiotic-loaded bone cement market is gaining momentum with the growing awareness about the therapeutic effects of antibiotic-loaded bone cement during various orthopedic surgeries.

Bone Grafts and Substitutes Market: The global bone grafts and substitutes market reached a valuation of US$ 3.06 Billion in 2020. Sales of bone grafts and substitutes are slated to rise at a CAGR of 4.9% to reach US$ 4.44 Billion by the end of 2028.

Bone Biopsy Systems Market: The global bone biopsy systems market is set to enjoy a valuation of US$ 227.6 million in 2022 and expand at a CAGR of 6% to reach US$ 408.9 million by the end of 2032. Sales of bone biopsy systems accounted for more than 30% of the global bone biopsy market at the end of 2021.

Injectable Bone Graft Substitutes Market: North America is expected to represent a leading revenue contributor in the global Injectable Bone Graft Substitutes Market owing to increasing inclination of patients towards minimally invasive treatment procedure.

Bone Growth Stimulator Market: By 2022, the market is expected to touch a valuation of US$ 1.99 Billion, exhibiting a Y-o-Y increase of 5.3%. During the forecast period of 2022-2032, the bone growth stimulator market is anticipated to display a CAGR of 5.07% while securing a value worth US$ 3.1 Billion.

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