Introduction
The “Global Pharmaceutical Gelatin Market–Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F” report by TechSci Research provides valuable insights into the anticipated growth trajectory of the global pharmaceutical gelatin market within the forecast period of 2024-2028. This growth is attributed to several factors, including the demand for effective drug delivery systems, the adaptability of pharmaceutical gelatin in formulations, its ease of administration, and its controlled release capabilities.
Versatile Role in Drug Delivery Systems
One of the key drivers behind the growth of the global pharmaceutical gelatin market is its suitability for various drug delivery systems. Gelatin’s protein content and distinctive properties render it an ideal ingredient for creating capsules, coatings, and films for drug delivery. This versatility allows pharmaceutical gelatin to be processed into different forms like powders, sheets, and capsules, adapting to diverse pharmaceutical formulations. This flexibility in formulation empowers drug developers to tailor dosage forms according to specific drug attributes, patient preferences, and therapeutic needs.
Medical Devices and Gelatin’s Role
The report emphasizes the usage of gelatin in producing medical devices, including surgical hemostats, wound dressings, and sponges. The demand for gelatin-based medical devices has surged due to their biocompatibility, low antigenicity, and biodegradability. As the demand for reliable and effective medical devices continues to escalate, so does the requirement for pharmaceutical-grade gelatin as a vital raw material. Additionally, the report highlights gelatin’s role in modern applications, such as 3D bioprinting, for regenerative medicine and drug testing. Gelatin-based hydrogels facilitate optimal conditions for cellular growth and differentiation, making them an appealing option for bioprinting.
Cosmeceutical Applications and Innovations
Gelatin’s utility extends to the production of cosmeceutical products, including anti-aging creams, hair care items, and facial masks. The report underscores the increased utilization of gelatin in the cosmeceutical sector due to its skin-friendly nature, biocompatibility, and natural origin. As the demand for safe and natural cosmeceutical products surges, so does the demand for pharmaceutical-grade gelatin. Furthermore, ongoing research and development efforts in gelatin technology have led to improvements in its properties and functionalities. Innovations like structural modifications, cross-linking techniques, and material blending have expanded the range of applications for pharmaceutical gelatin, augmenting its demand.
Diverse Applications in Healthcare
The report elucidates the diverse healthcare applications of gelatin, including its use in joint surgeries through bone plugs that offer stability and biodegradability. Gelatin’s historical role as a plasma expander and its application in ostomy patches are also highlighted. These varied applications underscore the versatility and multifaceted nature of gelatin in the healthcare sector.
Driven by Global Pharmaceutical Demand
The report attributes the growth of the global pharmaceutical gelatin market to the rising global demand for pharmaceutical products. Population growth, aging demographics, and the prevalence of diseases contribute to this surge. As a result, the need for effective drug delivery systems, such as capsules and coatings, is on the rise. Pharmaceutical gelatin, recognized for its safety and compliance with international quality standards, plays a pivotal role in meeting this demand. Rigorous testing procedures and stringent quality controls ensure its suitability for human consumption while safeguarding product purity..
Recent Developments
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Based on source, the market is segmented into porcine, bovine skin, bovine bone, fish, poultry. The porcine segment is expected to hold the largest share of the market in the forecast period. This can be attributed to the short manufacturing cycle and cost-effective production with porcine, a source material for pharmaceutical gelatin.
Based on application, the market is segmented into hard capsule, soft capsule, tablet, and absorbable hemostat. The soft capsule segment is expected to hold the largest share in the pharmaceutical gelatin market in the forecast period. This can be attributed to the soft gel capsules being advantageous for the low-dose-lipid drugs as these allow content uniformity between the dosage units and are expected to boost the market in the coming years.
Major companies operating in the global pharmaceutical gelatin market are:
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“The growing technological advancements in pharmaceutical gelatin production along with the expanding field of regenerative medicine is fueling the demand for global pharmaceutical gelatin market in the medicine and pharmaceutical industry. Besides, the enhancing stability and compatibility, it enables the formulation of more diverse and complex pharmaceutical products, driving the rise in demand for advanced pharmaceutical gelatins.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Pharmaceutical Gelatin Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 By Source (Porcine, Bovine Skin, Bovine Bone, Fish, and Poultry), By Application (Hard capsule, Soft Capsule, Tablet, and Absorbable Hemostat), By Function (Stabilizing, Thickening, and Gelling), By Region and Competition”, has evaluated the future growth potential of Global Pharmaceutical Gelatin Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Pharmaceutical Gelatin Market.
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