Chondroitin Sulfate Market: Global industry analysis and forecast 2016 - 2026

Chondroitin Sulfate Market
  • To Be Published : Dec-2017 |
  • Status : Work in progress |
  • Format :

Usually manufactured from animal sources, such as shark and cow cartilage, Chondroitin sulfate is a chemical normally found in cartilage around joints in the body. Used as an alternative medicine for slowing the progression of osteoarthritis (weak bones), it also reduces inflammation, Pain, and further improves joint function. Commonly used together with glucosamine it is also used in veterinary medicine. Also taken by by mouth for HIV/AIDS, heart disease, heart attack, muscle soreness after exercise and scaly skin (psoriasis). In addition to being used as an eye drop for sore eyes, it is used during cataract surgery, and as a solution for preserving corneas used for transplants. The global Chondroitin Sulfate market is driven by certain factors that are likely to boost the demand for chondroitin sulfate and as a consequence, propel growth of the global Chondroitin Sulfate market.

Chondroitin Sulfate Market: Key drivers for market growth

Ointments, skin creams and injections containing chondroitin sulfate also used by people suffering osteoarthritis, which is a key driver for the growth of the global Chondroitin Sulfate market as osteoarthritis is one of the most common forms of arthritis affecting 20 million people in USA alone. Injecting a solution that contains chondroitin sulfate and sodium hyaluronate into the eye protects the eye during cataract surgery further increasing the usability of this product and further driving the demand in the global Chondroitin Sulfate market.

Chondroitin Sulfate Market: Possible restraints

Though any clinical side effects or overdoses of chondroitin sulfate have not been identified in clinical studies, there is some concern about the safety of chondroitin sulfate because it comes from animal sources. Some chondroitin tablets may contain high levels of manganese, which could be problematic with long-term use. Other side effects which may vary from person to person include diarrhea, constipation and abdominal pain, bloating, diarrhea, constipation, headache, swollen eyelids, leg swelling, hair loss, skin rash, and irregular heartbeat. These factors are likely to restrict market growth of the global Chondroitin Sulfate market.

Chondroitin Sulfate Market: Key players

China is the biggest chondroitin sulfate producer and exporter in the global Chondroitin Sulfate market accounting for 80% of the global chondroitin sulfate market output.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
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