Market Overview:
The global bone wax market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of orthopedic surgeries, rising awareness about bone wax products, and technological advancements in the field of orthopedics. Based on type, the global bone wax market is segmented into absorbable and non-absorbable bone wax. Absorbable bone wax is further sub-segmented into calcium sulfate based and collagen based products. Non-absorbable bone wax is further sub-segmented into synthetic polymers and beeswax products. Based on application, the global Bone Wax Market is segmented into specialty clinics, hospitals, ambulatory surgical centers (ASCs), and others (research institutes & academic institutions). Geographically, the global Bone Wax Market is segmented into North America, Latin America, Europe Asia Pacific , Middle East & Africa . North America dominates the global Bone Wax Market due to high prevalence of orthopedic diseases coupled with increasing number of surgeries performed in this region.
Product Definition:
Bone wax is a natural or synthetic product used to control bleeding from bone surfaces. It is placed on the wound and forms a clot, which helps to stop the bleeding.
Absorbable Bone Wax:
Absorbable bone wax is a synthetic form of organic matter, which has the ability to attract and hold particles such as calcium and other minerals. It is usually made up of paraffin, microcrystalline cellulose, polyacrylate salts (PAC), hydroxyapatite (HA), ethylcellulose, stearic acid &cottonseed oil. The product can be used for primary or secondary prevention of Osteoarthritis (OA).
Non-absorbable Bone Wax:
Non-absorbable bone wax is a synthetic, non-degradable product used in orthopedic surgeries. It is produced from paraffin and other petroleum byproducts. The primary function of this product is to prevent the surgical wound from drying out. This helps reduce the risk of infection and promote healing thereby reducing surgery time & hospital stay as well as lowering postoperative complications & readmission rates to the hospital.
Application Insights:
The specialty clinics segment dominated the overall market in 2017 and is expected to witness significant growth over the forecast period. Increasing number of bone fracture cases coupled with rising geriatric population across the world is anticipated to drive demand for absorbable bone wax products in specialty clinics over the forecast period.
On basis of application, the global market has been segmented into hospitals, ambulatory surgical centers and other sites, specialty clinics, and others. The hospital segment held a major share in 2017 owing to increasing prevalence of chronic diseases such as cancer & orthopedic trauma that require long-term treatment at hospitals. In addition, growing investments by governments for developing advanced healthcare facilities are also expected to boost product demand from hospital segments over next few years.
The other sites application category includes dentists offices, veterinary practices (for animal bones), physical therapy offices (for human bones), optometrist offices (for human eyes), etcetera.
Regional Analysis:
North America dominated the global bone wax market in 2017. The presence of well-established healthcare facilities and a large number of product launches are some factors responsible for its largest share. In addition, increasing demand for minimally invasive surgeries is also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions owing to rising medical tourism and improving healthcare infrastructure in countries such as India, China, Japan, Malaysia and Thailand. Moreover, rapidly expanding medical sector due to high birth rates in these developing economies will support growth further on account of rising demand for surgical procedures performed via ambulatory/minimally invasive surgeries.
Growth Factors:
- Increasing incidence of bone fractures and osteoporosis
- Growing demand for minimally invasive surgeries
- Rising awareness about the benefits of Bone Wax over traditional treatments
- Technological advancements in Bone Wax manufacturing process
- Growing number of research studies on the use of Bone Wax in various medical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Wax Market Research Report
By Type
Absorbable Bone Wax, Non-absorbable Bone Wax
By Application
Specialty Clinics, Hospitals, Ambulatory Surgical Centers
By Companies
ABYRX, Ethicon, B. Braun Melsungen, Medtronic, Baxter, Medline, Futura Surgicare, GPC Medical, WNDM Medical, Surgical Specialties, ABYRX
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Bone Wax Market Report Segments:
The global Bone Wax market is segmented on the basis of:
Types
Absorbable Bone Wax, Non-absorbable Bone Wax
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialty Clinics, Hospitals, Ambulatory Surgical Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABYRX
- Ethicon
- B. Braun Melsungen
- Medtronic
- Baxter
- Medline
- Futura Surgicare
- GPC Medical
- WNDM Medical
- Surgical Specialties
- ABYRX
Highlights of The Bone Wax Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Absorbable Bone Wax
- Non-absorbable Bone Wax
- By Application:
- Specialty Clinics
- Hospitals
- Ambulatory Surgical Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bone Wax Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bone wax is a natural, plant-based wax that is used to help keep the skin smooth and soft. It can be applied to the skin as a cream or lotion, and it can also be used in hair products.
Some of the key players operating in the bone wax market are ABYRX, Ethicon, B. Braun Melsungen, Medtronic, Baxter, Medline, Futura Surgicare, GPC Medical, WNDM Medical, Surgical Specialties, ABYRX.
The bone wax market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Wax Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bone Wax Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Wax Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bone Wax Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bone Wax Market Size & Forecast, 2020-2028
4.5.1 Bone Wax Market Size and Y-o-Y Growth
4.5.2 Bone Wax Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Absorbable Bone Wax
5.2.2 Non-absorbable Bone Wax
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Specialty Clinics
6.2.2 Hospitals
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Wax Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bone Wax Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Absorbable Bone Wax
9.6.2 Non-absorbable Bone Wax
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Specialty Clinics
9.10.2 Hospitals
9.10.3 Ambulatory Surgical Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Absorbable Bone Wax
10.6.2 Non-absorbable Bone Wax
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Specialty Clinics
10.10.2 Hospitals
10.10.3 Ambulatory Surgical Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Absorbable Bone Wax
11.6.2 Non-absorbable Bone Wax
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Specialty Clinics
11.10.2 Hospitals
11.10.3 Ambulatory Surgical Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Absorbable Bone Wax
12.6.2 Non-absorbable Bone Wax
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Specialty Clinics
12.10.2 Hospitals
12.10.3 Ambulatory Surgical Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Absorbable Bone Wax
13.6.2 Non-absorbable Bone Wax
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Specialty Clinics
13.10.2 Hospitals
13.10.3 Ambulatory Surgical Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bone Wax Market: Competitive Dashboard
14.2 Global Bone Wax Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABYRX
14.3.2 Ethicon
14.3.3 B. Braun Melsungen
14.3.4 Medtronic
14.3.5 Baxter
14.3.6 Medline
14.3.7 Futura Surgicare
14.3.8 GPC Medical
14.3.9 WNDM Medical
14.3.10 Surgical Specialties
14.3.11 ABYRX
