Joint Repairing Additive Market

Global Joint Repairing Additive Market Size, Share & Trends Analysis Report By Product (Glucosamine, Chondroitin, Methylsulfonylmethane (MSM), Collagen, Omega-3, and Others), By Application (Pharmaceuticals, Supplements, and Others), Forecast (2021-2027)

Published: Oct 2021 | Report Code: OMR2024323 | Category : Pharmaceuticals | Delivery Format: /

The global joint repairing additive market is expected to grow at a significant CAGR during the forecast period (2021-2027). Joint repairing additive is a source of calcium, prebiotic fiber, soy isoflavones, and vitamins including vitamin D and vitamin K, all of this support relieving pain and strengthen joint health. The rising incidence of orthopedic disorders, increasing aging population, rising demand for minimally invasive procedures, and the rising number of joint reconstruction surgeries are all driving the market growth.

The world's geriatric population is increasing at an unprecedented rate. According to the National Institute of Health (NIH), 8.5 % of the global population (617 million people) were 65 or older in 2016. According to research released by Aging World 2015, by 2050, this number will rise to over 17% of the global population (nearly 1.6 billion). The number of people aged 65 and above in the US is anticipated to nearly double over the next three decades, from 48 million to 88 million by 2050, resulting in a significant increase in the incidence of orthopedic ailments, as the elderly are more prone to joint issues. Reconstruction surgeries are becoming increasingly popular as the elderly population grows, which in turn, is driving the market growth. 

According to National Center for Biotechnology Information (NCBI), the prevalence of orthopedic conditions has been reported to range from 7.2% to 36.2%. Females had 13.4% and 12.7% spine and knee problems, whereas men had 13.6% and 4.8%, respectively. Therefore the rising incidences of orthopedic disorders are expected to increase the demand for joint repairing additives which, in turn, drive the market growth during the forecast period. Some new launches of joint repairing additives have been witnessed. In May 2021, Rousselot, a provider of collagen-based solutions increased its line of pure, pharmaceutical-grade, modified gelatins, with the introduction of X-Pure GelDAT – Gelatin Desaminotyrosine.  X-Pure GelDAT provides purity and consistency at a large scale, which is critical for the development of biomedical products that are utilized in the human body.

Market Coverage

  • The market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered- 

o By Product 

o By Application 

  • Competitive Landscape- Rousselot, Koninklijke DSM N.V., BASF SE, Cargill, Inc., and Bayer AG 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID 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 Joint Repairing Additive Market Report Segmentation

By Product

  • Glucosamine
  • Chondroitin
  • MSM
  • Collagen
  • Omega-3
  • Others

By Application

  • Pharmaceuticals
  • Supplements
  • Others

Global Joint Repairing Additive Market By Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe 

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific 

Rest of the World

  • Latin America 
  • Middle East & Africa

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