180 likes | 194 Views
Read here the market research report on the u201cEurope Gelatin and Bone Glue Market" published by CMI Team
E N D
Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker
EUROPE GELATIN AND BONE GLUE MARKET ANALYSIS (2020-2027) • Europe Gelatin and Bone Glue Market, By Product Type (Gelatin (Acidic Pretreatment, Alkali Pretreatment), Bone Glues (Synthetic Bone Glues, Natural Bone Glues)), By Application (Arthroplasty, Sports Injury, Spine Surgery, Trauma, Others), By End User (Hospital, Specialty Clinics, Ambulatory Surgical Centers), and By Country (Germany, U.K., France, Italy, Spain, Russia, Rest of Europe) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Gelatin is a protein substance derived from collagen, a structural protein present in the ligaments, tendons, and tissues of mammals. It is extracted from the bones, hides, and skin of the mammals. Gelatin is used to form strong and transparent gels and flexible films. It is used in the form of bone void fillers, hemostatic sponges, and biodegradable orthopedic implants. Statistics: • Europe gelatin and bone glue market is estimated to account for US$ 310.4 Mn in terms of value by the end of 2027.
Europe Gelatin and Bone Glue Market: Drivers • Increasing prevalence of bone related disorders is expected to propel growth of Europe gelatin and bone glue market over the forecast period. For instance, according to GlobalData Plc, there will be over 171 million total prevalent cases of osteopenia in the US, France, Germany, Italy, Spain, the U.K., and Japan in 2018 compared to over 162 million total prevalent cases in 2017. • Increasing adoption of gelatin and bone glue in sports injuries is also expected to aid in growth of the market. Gelatin based hemostat and bone glue can be effectively used in sports injuries such as fractures and whiplash injuries to control bleeding effectively and reunite the fractured bone without the use of plates and screws.
Statistics: Germany held dominant position in Europe gelatin and bone glue market in 2019, accounting for 23.5% share in terms of volume, followed by France and U.K., respectively
Figure 1: Global Gelatin and Bone Glue Market Share (%) in Terms of Value, By Country, 2019
Europe Gelatin and Bone Glue Market: Restraints • Complications related to cemented arthroplasty are expected to hinder growth of the market. Significant risks and complications are associated with cemented arthroplasty procedures such as inflammation of surrounding soft tissues and breakdown of cement, which may prompt the need for second arthroplasty surgery. Moreover, cemented joint arthroplasty may lead to bone cement implantation syndrome (BCIS), which may decrease adoption of the procedure. • Moreover, high cost of gelatin and bone glue products is expected to hamper growth of the market
Europe Gelatin and Bone Glue Market: Opportunities • Increasing cases of sports-related injuries is expected to offer lucrative growth opportunities for players in market. For instance, according to the study, “Results on sports-related injuries in children from NHS emergency care dataset Oxfordshire pilot: an ecological study”, published in the Journal of the Royal Society of Medicine, in October 2018, children and adolescents aged 0–19 years in a study in U.K. accounted for 47.4% of sports injury-related emergency department attendances and 23.5% of sports injury-related admissions for all ages. • The bone environment is subject to specific and challenging requirements in terms of biocompatibility, degradability, and bond strength. Major players can therefore, focus on developing bone adhesives that combine these three important requirements.
Figure 2: Global Gelatin and Bone Glue Market Value (US$ Mn), 2016 - 2027
Statistics: Europe gelatin and bone glue market was valued at US$ 193.0 Mn in 2019 and is forecast to reach a value of US$ 310.4 Mn by 2027 at a CAGR of 6.1% between 2020 and 2027.
Market Trends/Key Takeaways • Increasing prevalence of diabetes is expected to lead to high number of amputations, thereby aiding in growth of the market. For instance, according to Diabetes UK, over five million people will suffer from diabetes in the U.K. by 2025. • Moreover, increasing number of amputations is expected to aid in growth of Europe gelatin and bone glue market. For instance, according to Public Health England, the U.K. recorded 27,465 amputations between 2015 and 2018, compared with 24,181 cases between 2012 and 2015.
Regulations: • Medical devices manufacturers are free to approach any NB in Europe that has been designated for the respective conformity assessment procedure • NB: The lists of notified bodies are given ‘for information only’ and are valid till the date indicated. Information is made available as provided by the designating authorities of the member states.
Europe Gelatin and Bone Glue Market: Competitive Landscape • Major players operating in include, Johnson & Johnson, Baxter International Inc., CryoLife, Inc., Becton, Dickinson and Company, Luna Innovations Incorporated, B. Braun Melsungen AG, Cohera Medical, Inc., Integra LifeSciences Corporation, Tissuemed Ltd., and Chemence Medical, Inc.
Europe Gelatin and Bone Glue Market: Key Developments • Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in February 2020, Baxter International Inc. acquired Seprafilm Adhesion Barrier and related assets from Sanofi for US$ 350 million.
Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference: https://www.coherentmarketinsights.com/market-insight/europe-gelatin-and-bone-glue-market-3793
About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis
Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com
Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/