Bone glue market is expected to gain market growth in the forecast period of 2025 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 47.3% in the forecast period of 2025 to 2030 and expected to reach USD 261,189.10 thousand in 2030. Increasing competitive advantages of bone glue and strong research and development in bone glue are the factors for the market growth.
Bone glue is an injectable synthetic and wet-field bioresorbable biomaterial. Bone glue is characterised as a functional and strong bone adhesive, capable of creating load-bearing bonds to wet metals and bone tissues. The bone adhesive material is mechanically and chemically constant in a neutral pH aqueous environment and is resorbed and degraded in vivo without any bond loss to bone occasioning in continuous bone deposition to exposed surfaces. Bone glue can be used in vertebroplasty, arthroplasty, orthopedics, sports injuries, neurosurgical, maxillofacial surgery, trauma and others.
Bone glue is an exclusive design of tetracalcium phosphate, a ceramic which is extensively used in bone products accessibility in the market, and phosphoserine which is an upgraded amino acid which is frequently found in the human body. Bone glue cures into a biomimetic arrangement and is mechanically stable with immediate loadbearing strength when mixed with an aqueous medium. This fully resorbable and synthetic biomaterial could be injected into bone defects and voids with minimally invasive procedures, as well as provides robust fixation in bone-to-bone and bone-to-metal adhesion. Increasing prevalence of osteoporosis is augmenting the market growth.
North America bone glue Market is growing due research activities for bone glue is increased in developed as well as in developing countries. For instance, In September 2019, LaunchPad Medical, Inc. has acknowledged food and drugs authority (FDA) approval to start a two-site, 20-patient pilot clinical study for its bone adhesive biomaterial (known as Tetranite). With this FDA approval, the company will inspect the security and efficacy of the tetranite on stabilization of dental implants for tooth extractions. Such policies support bone glue market growth in the forecast period to 2027.
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Competitive Landscape and Bone Glue Market Share Analysis
North America bone glue market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the bone glue market.
The major player covered in the report is Launchpad Medical in North America.
Many research activities are also initiated by the companies worldwide which are also accelerating the North America bone glue market.
For instance,
- In September 2019, LaunchPad Medical acknowledged the U.S. Food and Drug Administration authorization to start a patient pilot clinical study with 20 patients to inspect the effectiveness and safety of Tetranite. The FDA approval will help the company to introduce Tetranite in the market.
- In January 2018, LaunchPad Medical joined with NASA the research arm CASIS to send Tetranite into the International Space Station for research to form bone density loss crisis disturbing astronauts. The collaboration has helped companies to advertise products around the world.
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North America Bone Glue Market Scope and Market Size
North America bone glue market is segmented on the basis of application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, bone glue market is segmented into vertebroplasty, arthroplasty, orthopaedics, sports injuries, maxillofacial surgery, trauma and others. Vertebroplasty is dominating in the market with the highest volume of procedures performed requiring bone glue as compared to other procedures.
- On the basis of end user, bone glue market is segmented into hospitals, ambulatory surgical centers and specialized orthopedics clinics. Hospitals hold the highest market share in the market as the highest numbers of procedures involving application of bone glue are performed in hospitals.
- On the basis of distribution channel, the market is segmented into direct sales and retail sales. Direct sales are dominating the market as the most preferred channel of hospitals to procure materials.
Bone Glue Market Country Level Analysis
North America market is analysed and market size information is provided by country by application, end user and distribution channel as referenced above.
The countries covered in the bone glue market report are the U.S., Canada and Mexico in North America.
North America bone glue market is expected to grow due to increasing prevalence of osteoporosis and is expected to grow at the significant growth rate in the forecast period of 2025 to 2030. In 2016, According to osteoporosis Canada, over 80% of the fractures (for 50+ year’s old patients) were initiated by osteoporosis.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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