Bone Wax Market Analysis By Application (Orthopedic Surgery, Neurosurgery, Oral Surgery, Thoracic Surgery), End-Users, Key Players and Regional Outlook Forecast To 2023
Global Bone Wax Market is anticipated to demonstrate a CAGR of 3.5% during the forecast period (2018-2023) Predicted By Market Research Future (MRFR).
The surging number of surgical procedures due to orthopedic diseases is favoring the market growth across the globe.
The rising epidemiology of osteoarthritis and osteoporosis is considered one major factor influencing the market growth.
Furthermore, the introduction of synthetic bone wax has contributed to the growth of the market.
Synthetic bone wax is generally made of water-soluble polymers which helps to reduce the complications.
SegmentationThe global bone wax market has been segmented into product, material, application, and end user.The market, on the basis of product, has been segmented into absorbable bone wax and non-absorbable bone wax.The market, by material, has been segmented into natural bone wax and synthetic bone wax.The market, by applications, has been segmented into neurosurgery, orthopedic surgery, thoracic surgery, oral surgery, and others.The market, by end-users, has been segmented into hospitals, specialty clinics, ambulatory surgical centers, and others.Key PlayersSome of the key players in the global bone wax market are ABYRX Inc., Wound Management Technologies Inc., Aesculap Inc., Ethicon Inc., Medtronic plc, Baxter International, Medline Industries Inc., Futura Surgicare Pvt.
Ltd., WNDM Medical Inc., GPC Medical Ltd., and others.Request For Sample Report: https://www.marketresearchfuture.com/sample_request/6463 Market HighlightsBone wax is a mechanical hemostat used in surgeries to stop bleeding.
It is basically a sterilized mixture of beeswax and it consists of isopropyl palmitate, which is a wax softening agent and is used to stop bleeding from the bone surface.
It is used in surgical procedures like orthopedics, thoracic surgery, neurosurgery, dental, oral, traumatology, and jaw surgery.
Orthopedic surgeries are increasing due to the rising prevalence of orthopedic diseases, especially osteoporosis and accidental fractures.
On the other hand, stringent government rules for the approval of bone wax and the availability of alternatives for bone wax may hinder the growth of the market during the forecast period.The global bone wax market is currently dominated by many market players.
Jul 19, 2019 (AB Digital via COMTEX) -- global Bone Wax Market is anticipated to demonstrate a CAGR of 3.5% during the forecast period (2018-2023).
The surging number of surgical procedures due to orthopedic diseases is favoring the market growth across the globe.
The rising epidemiology of osteoarthritis and osteoporosis is considered one major factor influencing the bone wax market growth.
Furthermore, the introduction of synthetic bone wax has contributed to the growth of the market.
Synthetic bone wax is generally made of water-soluble polymers which helps to reduce the complications.
On the contrary, the development of alternatives for bone wax, strict mandates imposed by the government for the use of bone wax, and certain side effects associated with it are some of the top barriers likely to vitiate the market growth in the long run.
Orthopedic Surgery involves surgeries of the musculoskeletal system.
In modern terminologies, orthopedics includes surgeries involving the bones and related connective tissues and nerves.
orthopedic surgeons dealt with bone deformities in children, using braces to straighten the child's bones.
Contact us for Orthopedics Surgery in Delhi, India.
