Bone Wax Global Market Report 2025

Description

Bone wax is a hemostatic agent primarily composed of beeswax, often combined with softening substances such as isopropyl palmitate or petroleum jelly, and is used to physically block bleeding from bone marrow and cancellous bone surfaces. Its primary function is to control bleeding from bone during surgical procedures.

The main types of bone wax include absorbable and non-absorbable variants. Absorbable bone wax is designed to be broken down by the body over time and may be either natural or synthetic. It is commonly used in procedures such as orthopedic surgery, thoracic surgery, neurosurgery, dental or oral surgery, and others. Key end users include hospitals, specialty clinics, ambulatory surgical centers, and additional healthcare settings.

The bone wax market research report is one of a series of new reports from The Business Research Company that provides bone wax market statistics, including bone wax industry global market size, regional shares, competitors with a bone wax market share, detailed bone wax market segments, market trends and opportunities, and any further data you may need to thrive in the bone wax industry. This bone wax market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bone wax market size has grown steadily in recent years. It will grow from $68.46 billion in 2024 to $71.74 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth during the historic period can be attributed to the rising demand for minimally invasive surgeries, improvements in healthcare infrastructure, an increasing number of spinal surgeries, higher healthcare expenditure, and a surge in bone cancers and related surgeries.

The bone wax market size is expected to see steady growth in the next few years. It will grow to $85.31 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The projected growth in the forecast period is driven by the rising number of orthopedic surgeries, the growing prevalence of bone-related disorders, the expanding aging population, an increase in trauma and accident cases, and greater awareness of bone health. Key trends expected include advancements in surgical techniques, high demand for bone graft substitutes, improved precision in surgical tools, development of bioabsorbable bone wax products, and the adoption of robotic surgery systems.

The growth of the bone wax market is expected to be driven by the increasing number of surgical procedures, which are rising due to the growing prevalence of chronic diseases that often require surgical intervention for effective management. Surgical procedures involve manual or instrumental techniques to treat injuries, diseases, or abnormalities by altering body tissues. Bone wax is essential in these procedures as it controls bleeding from bone surfaces, helping maintain a clear surgical field and reduce complications from blood loss. For example, in May 2022, the British Orthopaedic Association (BOA) reported that more than 42,000 orthopedic surgeries were performed in England, the highest monthly total since June 2021. As surgical procedures increase, the bone wax market is expected to grow.

Companies in the bone wax market are focusing on developing advanced products, such as bone putty, to improve surgical outcomes by reducing the need for removal and minimizing long-term complications. Bone putty is a moldable, biocompatible material used in surgeries to aid bone healing or control bleeding from bone surfaces. In September 2023, Abyrx Inc. received FDA approval for MONTAGE settable bone putty, the first FDA-approved bone putty for post-sternotomy cardiothoracic surgery. The putty adheres to bleeding bone surfaces and hardens quickly, enhancing stability and hemostasis.

In October 2023, Advent International and Warburg Pincus acquired Baxter International's BioPharma Solutions (BPS) business for \$4.25 billion. The business now operates as Simtra BioPharma Solutions, maintaining the same capabilities and ensuring the continued global supply of essential pharmaceutical products. Baxter is a manufacturer of bone wax and bone hemostat.

Major players in the bone wax market are Johnson & Johnson, Medtronic Plc, Medline Industries Inc., Baxter International Inc., Aesculap Inc., B. Braun Melsungen AG, Healthium Medtech Limited, Surgical Specialties Corporation, GPC Medical Ltd., Qubix Medicare Private Limited, Dolphin Sutures, ABYRXInc., Lotus Surgicals Private Limited, Bentley Healthcare Pvt. Ltd., Orion Sutures Private Limited, Decibell Gold Prosthesis Pvt. Ltd., Surbhi Surgicals, Vinculum Sutures Private Limited, Ropana Medicure Private Limited, and Adva Medical.

North America was the largest region in the bone wax market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in bone wax report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the bone wax market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The bone wax market consists of sales of sterile bone wax, skin staples and staplers, surgical meshes, and hemostatic agents. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Bone Wax Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on bone wax market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for bone wax ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bone wax market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product: Absorbable Bone Wax; Non-Absorbable Bone Wax
2) By Material: Natural Bone Wax; Synthetic Bone Wax
3) By Application: Orthopedic Surgery; Thoracic Surgery; Neurosurgery; Dental Or Oral Surgery; Other Applications
4) By End-User: Hospitals; Specialty Clinics; Ambulatory Surgical Centers; Other End-Users
Subsegments:
1) By Absorbable Bone Wax: Gel-Based Absorbable Bone Wax; Paste-Based Absorbable Bone Wax; Solid Absorbable Bone Wax
2) By Non-Absorbable Bone Wax: Gel-Based Non-Absorbable Bone Wax; Paste-Based Non-Absorbable Bone Wax; Solid Non-Absorbable Bone Wax
Companies Mentioned: Johnson & Johnson; Medtronic Plc; Medline Industries Inc.; Baxter International Inc.; Aesculap Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.

Product Code: r35370

1. Executive Summary

2. Bone Wax Market Characteristics

3. Bone Wax Market Trends And Strategies

4. Bone Wax Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Bone Wax Growth Analysis And Strategic Analysis Framework

5.1. Global Bone Wax PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Bone Wax Market Growth Rate Analysis
5.4. Global Bone Wax Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Bone Wax Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Bone Wax Total Addressable Market (TAM)

6. Bone Wax Market Segmentation

6.1. Global Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Absorbable Bone Wax
Non-Absorbable Bone Wax
6.2. Global Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Natural Bone Wax
Synthetic Bone Wax
6.3. Global Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Orthopedic Surgery
Thoracic Surgery
Neurosurgery
Dental Or Oral Surgery
Other Applications
6.4. Global Bone Wax Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Other End-Users
6.5. Global Bone Wax Market, Sub-Segmentation Of Absorbable Bone Wax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Gel-Based Absorbable Bone Wax
Paste-Based Absorbable Bone Wax
Solid Absorbable Bone Wax
6.6. Global Bone Wax Market, Sub-Segmentation Of Non-Absorbable Bone Wax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Gel-Based Non-Absorbable Bone Wax
Paste-Based Non-Absorbable Bone Wax
Solid Non-Absorbable Bone Wax

7. Bone Wax Market Regional And Country Analysis

7.1. Global Bone Wax Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Bone Wax Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Bone Wax Market

8.1. Asia-Pacific Bone Wax Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Bone Wax Market

9.1. China Bone Wax Market Overview
9.2. China Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Bone Wax Market

10.1. India Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Bone Wax Market

11.1. Japan Bone Wax Market Overview
11.2. Japan Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Bone Wax Market

12.1. Australia Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Bone Wax Market

13.1. Indonesia Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Bone Wax Market

14.1. South Korea Bone Wax Market Overview
14.2. South Korea Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Bone Wax Market

15.1. Western Europe Bone Wax Market Overview
15.2. Western Europe Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Bone Wax Market

16.1. UK Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Bone Wax Market

17.1. Germany Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Bone Wax Market

18.1. France Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Bone Wax Market

19.1. Italy Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Bone Wax Market

20.1. Spain Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Bone Wax Market

21.1. Eastern Europe Bone Wax Market Overview
21.2. Eastern Europe Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Bone Wax Market

22.1. Russia Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Bone Wax Market

23.1. North America Bone Wax Market Overview
23.2. North America Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Bone Wax Market

24.1. USA Bone Wax Market Overview
24.2. USA Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Bone Wax Market

25.1. Canada Bone Wax Market Overview
25.2. Canada Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Bone Wax Market

26.1. South America Bone Wax Market Overview
26.2. South America Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Bone Wax Market

27.1. Brazil Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Bone Wax Market

28.1. Middle East Bone Wax Market Overview
28.2. Middle East Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Bone Wax Market

29.1. Africa Bone Wax Market Overview
29.2. Africa Bone Wax Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Bone Wax Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Bone Wax Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Bone Wax Market Competitive Landscape And Company Profiles

30.1. Bone Wax Market Competitive Landscape
30.2. Bone Wax Market Company Profiles
- 30.2.1. Johnson & Johnson Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Medtronic Plc Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Medline Industries Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Baxter International Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Aesculap Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Bone Wax Market Other Major And Innovative Companies

31.1. B. Braun Melsungen AG
31.2. Healthium Medtech Limited
31.3. Surgical Specialties Corporation
31.4. GPC Medical Ltd.
31.5. Qubix Medicare Private Limited
31.6. Dolphin Sutures
31.7. ABYRXInc.
31.8. Lotus Surgicals Private Limited
31.9. Bentley Healthcare Pvt. Ltd.
31.10. Orion Sutures Private Limited
31.11. Decibell Gold Prosthesis Pvt. Ltd.
31.12. Surbhi Surgicals
31.13. Vinculum Sutures Private Limited
31.14. Ropana Medicure Private Limited
31.15. Adva Medical

32. Global Bone Wax Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Bone Wax Market

34. Recent Developments In The Bone Wax Market

35. Bone Wax Market High Potential Countries, Segments and Strategies

35.1 Bone Wax Market In 2029 - Countries Offering Most New Opportunities
35.2 Bone Wax Market In 2029 - Segments Offering Most New Opportunities
35.3 Bone Wax Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer