Asia to Lead Global Bone Glues Market in the Next Five Years : Persistence Market Research Report
Industry: Healthcare
Bone Glues Market: Global Industry Analysis and Forecast to 2015 to 2021
New York (PRUnderground) October 13th, 2015
Persistence Market Research has recently published a new report, titled “Bone Glues Market: Global Industry Analysis and Forecast to 2015 to 2021”. The extensive report has been compiled by industry analysts to provide an accurate analysis of the influencing factors in this market. The report gives an all-encompassing picture of the trends and dynamics of the global bone glues market to help the readers make well-informed decisions pertaining to their businesses.
The global bone glues market has witnessed an incredible rise in the recent past due to the increasing number of food and beverages and pharmaceutical companies using gelatin to make capsules and vitamins. In addition to this, the positive growth rate of health supplements is also leading to growth of the global bone glues market. Furthermore, analysts predict that the growing number of osteoarthritis cases will also fuel the expansion of the global bone glues market. By far, the biggest restraint on the global bone glues market is the high production cost of bone glues and strict regulatory procedures. However, in the coming years, increasing preference for non-animal alternatives and herbal medicines are also posing as a significant challenge to this industry.
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The biggest consumer of bone glues in the world is Europe, while North America tails Europe’s position closely. The growth of the market in Europe can be attributed to increasing usage of gelatin and bone glues for manufacturing pharmaceutical products. The other factor adding to the positive trajectory of this market in Europe is the rising incidence of osteoarthritis. In the next five years, Asia is expected to the fastest growing regional segment of the global bone glues market, thanks to growing demand from its huge population base.
The key players in the global bone glues market are Sonac BV, Kerry Ingredients and Flavours, Eaton Corp., AB Vickers Ltd., Gelita AG, Corngroup Inc., Murphy and Son Ltd., Amstel Products BV, and Ewald-Gelatine GmbH.
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