Medicinal Gelatin Market: Business overview, Upcoming Trends and Top Company Analysis Forecast - 2028

The global medicinal gelatin market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2022-2028).

Medicinal gelatin is a protein obtained from animal collagen sources, including cows or pigs. Medicinal gelatin is used in medicines for its wide variety of applications in several diseases and procedures, including osteoarthritis, osteoporosis, surgeries, and others. The major factor attributing to the growth of the global medicinal gelatin market includes the increasing number of patients with osteoarthritis and osteoporosis around the globe. According to the Center for Disease Control and Prevention (CDC), around 32.5 million adults are affected by osteoarthritis in the US alone in 2021. Osteoarthritis is caused due to the damage or breakdown of joint cartilage between the bones showing several symptoms, including pain, stiffness, swelling, and decreased flexibility. Furthermore, according to the International Osteoporosis Foundation (IOF), around 8.9 million people are affected by fractures due to osteoporosis every year. Thus, increasing the demand for medicinal gelatin.

(Get 15% Discount on Buying this Report)
Get Sample Copy of Medicinal Gelatin Market at: https://orionmarketreports.com/request-sample/?id=102173&submit=Request+Sample%0D%0A

In addition, the application of medicinal gelatin in weight loss supplements due to the increasing number of obese patients is also contributing to the growth of the global medicinal gelatin market. According to an article published by the World Health Organization (WHO) in June 2021, around 2.8 million mortalities occur due to obesity every year. This increasing rate of mortality due to overweight is raising awareness for weight loss among people resulting in the increasing demand for weight loss supplements containing medicinal gelatin.
Furthermore, medicinal gelating is used as the hemostatic agent by surgeons for blood loss control during surgery. According to the report published by the National Library of Medicine (NIH) in September 2020, around 310 million major surgeries are performed globally every year.

A full report of Global Medicinal Gelatin Market is available at: https://orionmarketreports.com/medicinal-gelatin-market/102173/

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in March 2022, Hempu Time launched its liquid gel capsules in Malaysia. liquid gel capsules are made of medium-chain triglyceride oil, hemp seed oil, and medicinal gelatin, designed to dissolve in the mouth for their beneficial effect on oral health.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
o By End-user

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- GELITA AG, Darling Ingredients Holding B.V., Nitta Gelatin India Ltd., Toudongbao Biotechnology Co. Ltd., and Luohe Wulong Gelatin Co. Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Medicinal Gelatin Market Report by Segment

By Type
• Bone Medicinal Gelatin
• Leather Medicinal Gelatin

By Application
• Osteoarthritis
• Rheumatoid Arthritis
• Osteoporosis
• Weight Loss
• Surgery
• Others

By End-user
• Hospitals
• Speciality Clinics
• Others

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.