Bone Glue Market Primed for Growth with Advancements in Tissue Adhesives

Bone glue, also known as tissue adhesives, seal wounds by gluing together broken bone fragments or filling gaps during surgeries. It is a good alternative to metal plates and screws for fixing fractures as it causes less soft tissue damage, facilitates early mobilization, and exhibits superior cosmetic outcomes. Bone glues find wide usage in orthopedic, dental, and trauma surgeries to fix bone fractures, join replacement implants, fill bony voids, and repair cranial and facial fractures. The increasing prevalence of osteoporosis and sports injuries are driving the demand for advanced bone fixation solutions like bone glue.

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 market 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. These companies are focusing on developing advanced tissue adhesives that exhibit strong adhesive strength, facilitate rapid healing, and reduce hospital stay.

The bone glue market provides significant opportunities owing to the growing geriatric population suffering from osteoporosis and fractures. Market players are eyeing countries with aging demographics like Japan, China, and Western Europe.

Recent advancements in tissue adhesive formulations include the development of bioabsorbable synthetic polymers that completely dissolve after healing. Companies are also focusing on designing bone glues that can polymerize at body temperature for improved handling.

Market Drivers

The rising incidence of sports injuries and road accidents globally is expected to drive the demand for bone glues during the forecast period. According to the National Health Interview Survey, around 8 million sports and recreation-related injuries are recorded annually in the United States. Moreover, increasing participation in extreme sports and adventure sports has contributed to the sports injuries burden. Bone glues help fix fractures faster through minimally invasive procedures and aid early rehabilitation of patients. The advantages over traditional fixation methods like screws and plates include reduced surgical time, lesser soft tissue damage, and improved recovery outcomes. This makes bone glue an attractive option for fixing fractures.

Current challenges in Bone Glue market:

Some major challenges faced by the bone glue market are tissue compatibility issues, regulatory approvals, and availability of alternatives. Bone glues and adhesives need to adhere properly to bone tissues without causing any toxic, inflammatory or immune reactions. Matching mechanical properties with bone is also a challenge. Strict regulations need to be followed for approval of any new bone glue formulations. There are also alternatives like autografts, allografts and medical devices that provide competition to bone glues. Development of next generation bioabsorbable and biocompatible bone glue remains an active area of research.

SWOT Analysis

Strength: Bioadhesive property helps bond broken bones and provides stability for natural healing. Ease of application compared to other bone grafting methods.

Weakness: Limited shelf life and storage stability issues. Requires further research to optimize biocompatibility.

Opportunity: Growing geriatric population and rising number of trauma injuries and fractures creates demand. Scope for R&D in advanced bone tissue engineering applications.

Threats: Stringent regulatory norms delay product approvals. Alternatives like bone grafts and medical devices pose competition.

In terms of value, North America holds the major share in bone glue market due to developed healthcare infrastructure and technological advancements. Demand is also high across developed economies of Europe. However, Asia Pacific region is demonstrating fastest growth owing to expanding medical tourism industry, large patient pool and rising healthcare spending in China and India.

Regoin witnessing the fastest growth for bone glue market is Asia Pacific. Rising incomes, growing awareness about latest treatments, increasing healthcare investments from government and private players are factors driving high demand for bone glues in Asia Pacific countries like China, India and South Korea. Growing number of trauma cases and accidental injuries associated with rapid urbanization and industrialization in the region also contributes to market growth.

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