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Bone Wax Market Share

Report ID: GMI8671
Published Date: Mar 2024
Report Format: PDF

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Bone Wax Market Share

The bone wax industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. Companies are developing innovative bone wax for surgeries, replacement, and complex fractures. These bone wax range from natural to synthetic, and from absorbable to non-absorbable. Regulatory approvals and collaborations with research institutions further influence market positioning.

Bone Wax Market Companies

Some of the eminent market participants operating in the bone wax industry include:

Abyrx, Inc
B. Braun Melsungen AG
Baxter International Inc.
Bentley Healthcare Pvt. Ltd.
Futura Surgicare Pvt Ltd.
GPC Medical Ltd.
Johnson & Johnson
Medline Industries, Inc.
Medtronic plc
Wound Management Technologies, Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Market size for bone wax was USD 53 million in 2023 and is expected to reach over USD 69.3 million by 2032 owing to the increasing cases of bone fracture leading to a higher demand for bone wax in surgical procedures worldwide.

Bone wax industry from the non-absorbable bone wax segment recorded USD 36.3 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to offering prolonged hemostatic properties compared to absorbable bone wax.

North America industry reached USD 21.5 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to hospitals and surgical centers being well-equipped with the latest surgical instruments and supplies, including bone wax in the region.

B. Braun Melsungen AG, Baxter International Inc., Bentley Healthcare Pvt. Ltd., Futura Surgicare Pvt Ltd., GPC Medical Ltd., Johnson & Johnson, Medline Industries, Inc., Medtronic plc, and Wound Management Technologies, Inc., are some of the major bone wax companies worldwide.