The Bone Glue Market Is Expected To Witness Strong Growth On The Account Of Increasing Cases Of Osteoporosis Around The Globe
The growing prevalence of osteoporosis around the globe is predominantly propelling the growth of the bone glue market. According to recent statistics from the International Osteoporosis Foundation, currently, it has been estimated that more than 200 million people are suffering from osteoporosis. Worldwide, 1 in 3 women over the age of 50 years and 1 in 5 men will experience osteoporotic fractures in their lifetime. It further states that the number of bone fractures will increase by 2 to 4 times by 2020 and 41 million women will suffer from osteoporosis or osteoarthritis. This is attributed to the growth in the geriatric population around the globe. Moreover, a growing number of arthroplasty procedures is again expected to fuel the growth of the bone glue market . For instance, according to the Journal of Bone and Joint Surgery published data in September 2018, primary total hip arthroplasty (THA) is projected to grow 71%, to 635,000 procedures by 2030 and primary total knee ...