Global Bone Wax
Market Report
2025
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Split by Type |
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Market Split by Application |
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Market Split by Material |
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Market Split by End Users |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Bone Wax industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Bone Wax Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
According to the Cognitive Market Research Report, the Bone Wax Market size in 2023 was XX Million and is projected to have a compounded annual growth rate of XX% from 2024 to 2031.
Bone wax is a soft, flexible, and nonbrittle wax. The ingredients include beeswax, salicylic acid, and almond oil. It is most typically utilized when bleeding appears to originate within the bone. This sort of bleeding is most typically seen during osteotomy preparation and extraction procedures. Bone wax has no hemostatic properties and obliterates the vascular gaps in cancellous bones.
The advantages of bone wax are that it prevents bleeding in bones, causes low to no tissue reactivity, and is used for sternal closure in general orthopedics, craniomaxillofacial, and cardio-thoracic surgeries.
The drivers of this industry are an increase in surgical operations and increasing demand for synthetic wax products and dental bone wax
The global bone wax market is expected to expand due to the rising number of surgical operations performed worldwide. Several variables have led to the increased number of successful procedures for a variety of goals. People are more prepared to spend on necessary healthcare-related procedures such as surgical operations as investments in improved healthcare infrastructure and disposable income increase, aided by availability and access to medical reimbursement policies. According to the National Institute of Health (NIH), around 310 million major procedures are performed worldwide each year. The frequency of such procedures has increased over time as the population has expanded, as have the rates of accidents caused by rising population density in rural and urban regions. According to WHO, in 2023, Road traffic accidents kill an estimated 1.19 million people per year. Road traffic accidents are the greatest cause of mortality among children and young adults aged 5 to 29. 92% of road deaths occur in low- and middle-income nations, even though these countries account for around 60% of global car ownership.
Furthermore, According to World Health Organization (WHO) studies, by 2030, one in every six persons will be 60 or older. This indicates that the share of the population aged 60 and over will increase from one billion in 2020 to 1.4 billion in 2030. By 2050, the global population of people aged 60 and older is expected to triple to 2.1 billion. Furthermore, between 2020 and 2050, the number of persons aged 80 and older is predicted to triple, reaching 426 million.
Hence with such a rising age rate, and the occurrence of accidents the frequency of surgical operations will increase which will alter the growth of the bone wax market.
Synthetic bone wax is made up of several synthetic components, including polymers and wax. It may also include additives designed to improve the product's attributes. As polymers are made up of water solubles, this lessens the difficulties associated with surgeries. Higher homogeneity and improved biocompatibility are major reasons for the increasing demand for synthetic bone wax. Furthermore, this kind may be cleaned before use, which makes it safer. It decreases the risk of contamination or sickness. The synthetic version is also allergen-free, which makes it an excellent choice for use.
Synthetic bone wax formulations, which are usually composed of biocompatible polymers, provide a controlled and individualized method to achieve hemostasis and structural support during surgery. The ability to customize these compositions to meet surgical requirements leads to synthetic bone wax's growing popularity. Moreover, the synthetic bone wax has a similar appearance to that of natural bone wax.
For instance, Sterile Bone Wax manufactured by Medline is used to limit bleeding in operations that entail cutting through bones, such as thoracic, neurosurgery, orthopedic, oral, and maxillofacial surgeries. Synthetic formulations are soft and simple to create and apply. (Source: https://punchout.medline.com/product/Sterile-Synthetic-Bone-Wax/Bone-Wax/Z05-PF07396)
Therefore, higher homogeneity and enhanced biocompatibility are the key reasons for the increased demand for synthetic bone wax.
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Key players in the bone wax market are concentrating on developing novel company growth methods such as product portfolio expansions, partnerships and collaborations, mergers and acquisitions, and corporate footprint expansions.
For instance, Ur24Technology Inc., a privately held medical device firm, has announced a strategic relationship with DemeTECH Corporation, combining market-changing innovation with the strength of surgical product manufacturing leadership and a worldwide distribution network.
(Source: https://www.businesswire.com/news/home/20221103005591/en/Ur24Technology-and-DemeTECH-Partner-to-Combine-Market-altering-Innovation-With-Renowned-Leadership-in-Surgical-Products-and-Global-Distribution)
Top Companies Market Share in Bone Wax Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America led the market in 2023, accounting for XX% of total revenue, owing to the expanding population's engagement in sports and leisure activities. According to the Children's Safety Network, more than 38 million children and adolescents participate in sports in the United States each year, with more than 3.5 million children under the age of 15 requiring medical attention for sports-related injuries. North America's advanced healthcare infrastructure, which includes cutting-edge hospitals and outpatient facilities, contributes to increased demand for bone wax. Furthermore, the area is seeing continuous developments in medical technology and surgical procedures, which fosters innovation for better product use in a variety of surgical applications.
Bone wax's main markets in North America are the United States and Canada. Obesity and age are key contributors to orthopedic disorders in the United States. This will help to accelerate the expansion of the bone wax market in North America over the projected period.
For instance, Unisur company manufactures Sterile Surgical Bone Wax. Beeswax, hard paraffin wax, and isopropyl palmitate are all components of surgical bone wax. It's opaque with a waxy odour. This bone wax is used to reduce bleeding from bone surfaces during surgical operations that entail cutting through bones, such as sternotomies, thoracic, neurosurgery, orthopedic, and maxillofacial surgeries. (Source: https://www.universalsutures.com/products/bone-wax/)
The current report Scope analyzes Bone Wax Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Bone Wax Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Bone Wax Industry growth. Bone Wax market has been segmented with the help of its Type, Application Material, and others. Bone Wax market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The products under the bone wax are Absorbable Bone Wax and Non-absorbable Bone Wax. In 2023, the non-absorbable product category dominated the market with a XX% revenue share. Between 2024 and 2031, the non-absorbable product category is expected to grow at a stable CAGR of XX%. Non-absorbable bone wax is an invaluable resource in orthopaedic and craniofacial surgery when long-term haemostasis is critical. It's durability and long-lasting haemostatic properties make it a favourite option among medical experts, resulting in a steady demand for this product. The product's ability to deliver a dependable bleeding control solution has helped to enhance patient outcomes while also making surgical operations safer and more efficient.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Bone Wax Industry. Request a Free Sample PDF!
The application segment includes surgeries like Orthopedic Surgery, Thoracic Surgery, Neurosurgery, Dental/Oral Surgery, and Others. Because of the growing senior population, the orthopedic surgery segment had the highest revenue share in 2023. According to World Health Organization (WHO) research, by 2030, one out of every six people in the globe will be 60 or older. This means that the proportion of the population aged 60 and more will rise from one billion in 2020 to 1.4 billion in 2030. By 2050, the world's population of adults aged 60 and up will treble to 2.1 billion. Furthermore, between 2020 and 2050, the number of people aged 80 and older is expected to triple, reaching 426 million. Hence, the prevalence of orthopedic problems has increased significantly as the senior population grows.
These disorders frequently need surgical treatments, in which bone wax plays an important role in attaining hemostasis and providing structural support, promoting market expansion. Between 2024 and 2030, the dental/oral surgery industry is expected to experience significant expansion. Increasing awareness of dental health, along with an increase in the frequency of reconstructive and implant procedures, drives product demand in dental and oral surgical applications. According to Forbes, the percentage of Americans having implants will increase from 6% in 2023 to 23% in 2026. Furthermore, due to developments in dental operations and the necessity for efficient bleeding control measures, bone wax has grown in popularity in this industry.
• Orthopedic Surgery
• Thoracic Surgery
• Neurosurgery
• Dental/Oral Surgery
• Others
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The materials used in bone wax are natural bone wax and synthetic bone wax. Synthetic bone wax dominates the market. Synthetic bone wax is composed of a variety of synthetic components, including polymers and waxes. It may also contain additives intended to improve the product's qualities. Higher uniformity and superior biocompatibility are key factors driving demand for synthetic bone wax. In addition, this kind may be sanitized before use, making it safer. It reduces the possibility of contamination or illness. Natural bone wax originating from animal sources, such as beeswax, may have a greater risk of infections. The synthetic version is also allergen-free, making it a great option for usage.
Synthetic bone wax formulations, which are frequently made up of biocompatible polymers, offer a regulated and personalized approach to attaining hemostasis and structural support during surgery. The flexibility to tailor these compositions to specific surgical needs contributes to synthetic bone wax's expanding popularity.
The End Users of the bone wax market are Hospitals and Outpatient Facilities. The hospital end-user segment led the market in terms of revenue share in 2023 due to its pivotal role in providing complete healthcare services. Large hospitals can undertake a wide range of surgical treatments, including orthopedic, thoracic, and neurological interventions. In these operations, bone wax is critical in attaining hemostasis and guaranteeing positive surgical results. Furthermore, hospitals are increasingly using orthopedic programs to improve patient care.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Bone Wax Market is witnessing significant growth in the near future.
In 2023, the Absorbable Bone Wax segment accounted for noticeable share of global Bone Wax Market and is projected to experience significant growth in the near future.
The Orthopedic Surgery segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ABYRX, B. Braun Melsungen and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Absorbable Bone Wax, Non absorbable Bone Wax |
Application | Orthopedic Surgery, Thoracic Surgery, Neurosurgery, Dental/Oral Surgery |
Material | natural bone wax, synthetic bone wax |
End Users | Hospitals Outpatient Facilities |
List of Competitors | ABYRX, Ethicon, B. Braun Melsungen, Medtronic, Baxter, Medline, Futura Surgicare, GPC Medical, WNDM Medical, Surgical Specialties, Bentley Healthcare, Others |
This chapter will help you gain GLOBAL Market Analysis of Bone Wax. Further deep in this chapter, you will be able to review Global Bone Wax Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Bone Wax. Further deep in this chapter, you will be able to review North America Bone Wax Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Bone Wax. Further deep in this chapter, you will be able to review Europe Bone Wax Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Bone Wax. Further deep in this chapter, you will be able to review Asia Pacific Bone Wax Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Bone Wax. Further deep in this chapter, you will be able to review South America Bone Wax Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Bone Wax. Further deep in this chapter, you will be able to review Middle East and Africa Bone Wax Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Bone Wax. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Material Analysis 2019 -2031
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Chapter 13 Market Split by End Users Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Bone Wax market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Absorbable Bone Wax have a significant impact on Bone Wax market? |
What are the key factors affecting the Absorbable Bone Wax and Non absorbable Bone Wax of Bone Wax Market? |
What is the CAGR/Growth Rate of Orthopedic Surgery during the forecast period? |
By type, which segment accounted for largest share of the global Bone Wax Market? |
Which region is expected to dominate the global Bone Wax Market within the forecast period? |
Segmentation Level Customization |
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