Europe Gelatin and Bone Glue Market Insights 2023: Focusing on Current Trends, Leading with Top Key Players -Johnson & Johnson, Baxter International Inc., CryoLife, Inc., Becton

According to Coherent Market Insights,  Europe Gelatin and Bone Glue Market is estimated to be valued at US$ 241.84 Mn in 2023 and is expected to exhibit a CAGR of 6.1%  during the forecast period (2023-2030).

Gelatin and bone glue are used to seal wounds, close surgical openings, and repair bones. They help stop bleeding and reinforce damaged tissues.

The Europe gelatin and bone glue market is expected to witness significant growth over the forecast period owing to the rising number of surgeries and accidents in the region. According to Eurostat, around 8 million surgeries are performed annually in Europe. In addition, as per the World Health Organization, over 1.35 million people die each year as a result of road traffic crashes in Europe. With the increasing patient pool requiring surgical treatment and wound management, the demand for gelatin and bone glue is expected to rise sharply during the forecast period. Bone glue is increasingly being used by orthopedic surgeons for repairing bone fractures. Moreover, growing awareness about the benefits of gelatin and bone glue such as less pain and faster healing is further expected to drive the market growth.

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Market Driver: Increasing Demand From The Pharmaceutical Industry

The pharmaceutical industry has been one of the major end-users of gelatin and bone glue in Europe. Gelatin finds wide application in the manufacturing of hard and soft gelatin capsules used for drug delivery. It is also used as a protective colloid and stabilizing agent in various injectable and topical formulations. Bone glue is used extensively during surgeries and to seal wounds. With rising healthcare expenditure and growing elderly population in European countries who require more medical care, the demand from the pharmaceutical industry has been rising steadily over the past few years and is expected to continue growing in the coming years as well.

Market Restraint: Stringent Regulations Regarding Animal By-Products

Europe has stringent laws regarding the use of animal by-products in various industries owing to risks of transmissible spongiform encephalopathies and other diseases. Key markets like Germany, France, UK and Italy have implemented strict controls on the sourcing and processing of raw materials used for gelatin and bone glue manufacturing like pigskin and cattle bones. Companies need to invest significantly in ensuring compliance, which increases production costs. Furthermore, frequent changes in guidelines also pose a challenge to the market. This regulatory pressure can hamper the growth prospects of Europe gelatin and bone glue market to some extent over the forecast period. 

Some of the Top Players in Europe Gelatin And Bone Glue Market: 

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.

Detailed Segmentation:

Europe Gelatin and Bone Glue Market, By Product Type:
Gelatin
Acidic Pretreatment
Alkali Pretreatment

Bone Glues
Synthetic Bone Glues
Natural Bone Glues

Europe Gelatin and Bone Glue Market, By Application:
Arthroplasty
Sports Injury
Spine Surgery
Trauma
Others

Europe Gelatin and Bone Glue Market, By End User:
Hospital
Specialty Clinics
Ambulatory Surgical Centers

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Regional Analysis -

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
Latin America (Colombia, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Market Opportunity: Growing Demand for Halal and Kosher Certified Products

There lies a huge untapped opportunity for manufacturers of halal and kosher certified gelatin and bone glue in Europe. While gelatin is universally accepted, bone glues made from pork material cannot be used by Muslims and Jews for religious reasons. Gelatin and bone glues sourced from cattle bones conform to the dietary guidelines of these religions. The increasing Muslim population in countries like UK, Germany, France along with a sizeable Jewish population provides a strong impetus for halal and kosher certified products. Manufacturers can gain a competitive edge by offering religious-compliant options to cater to the evolving needs of consumers in Europe.

Market Trend: Rising Demand for Organic and Cruelty-Free Variants

Consumers today are becoming increasingly aware about the source and processing of ingredients used in products. This presents a major trend of growing preference for organic, vegan and cruelty-free alternatives to gelatin and bone glue. Manufacturers are responding to this demand by developing gelatin substitutes from non-animal sources like seaweed, tropical fruits and agricultural by-products using advanced technologies. This switches the raw material base away from animal extraction towards more sustainable options. The market potential of innovative organic variants will keep rising as consumers gravitate towards ethical choices in Europe.

Competitive Landscape

In the segment specifically devoted to leading companies in the Europe Gelatin And Bone Glue Market of the market analysis document, our researchers provide a summary of the financial statements of all the major companies, covering their noteworthy developments, product benchmarking, and SWOT analysis. The corporate profile copy also includes financial information and a business summary. The businesses in this area can be customized to match the unique needs of the client.

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Reasons to Purchase this Report:

✔ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
✔ Reports provide opportunities and threats faced by suppliers in the Europe Gelatin And Bone Glue industry around the world.
✔ The report shows regions and sectors with the fastest growth potential.
✔ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
✔ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
✔ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

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