Bone Wax Market Trends

Bone Wax Market Trends

Market growth is predicted to be driven by the rising prevalence of orthopaedic disorders. Various disorders including joint degeneration, spinal disorders, bone tumours, trauma cases, and degenerative bone diseases uses bone wax as a haemostatic agent to control bleeding from bone surfaces.
 

• For instance, according to the Institute for Health Metrics and Evaluation, in 2023, approximately 15% of individuals aged 30 and older experience osteoarthritis. It's projected that nearly 1 billion people will be living with osteoarthritis, the most common form of arthritis, by 2050.
   
• Conditions such as rheumatoid arthritis and avascular necrosis frequently lead to joint degeneration, necessitating joint replacement surgeries. These procedures involve removing damaged bone and inserting artificial joints. Bone wax plays a critical role in controlling bleeding during bone preparation and implantation, making it indispensable in joint replacement surgeries.
   
• Additionally, orthopedic trauma resulting from accidents, falls, sports injuries, or violence often requires bone wax to achieve hemostasis and stabilize fractured bones.
   
• Thus, advances in orthopedic devices, surgical techniques and equipment have made surgeries more effective and safer and increasing the adoption of bone wax, thereby escalating the growth of the market.