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  • 5 August 2020 23:01

Chondroitin sulfate Market Growth During 2019-2030 – Bioiberica S.A.U., Sigma-Aldrich & (Merck KGaA)

Chondroitin sulfate is a sulfated GAG (glycosaminoglycan) that comprises chain of altering sugars. It is usually found attached to the proteins as a component of proteglycan. A normal chondroitin may possess more than 100 individual sugars and each one can be sulfated in variable quantities and positions. Chondroitin sulfate is an essential structural part of the cartilage and offers much higher resistance to compression. Along with glucosamine, chondroitin sulfate has turned out to be extensively used dietary supplement for treating osteoarthritis. Hence, chondroitin sulfate is a larger molecule present in the cartilage. According to researchers, this is the most extensively studied area that potentially reduced pain and works as anti-inflammatory. Studies also suggest that chondroitin sulfate may decrease cartilage breakdown related to osteoarthritis and also facilitate the growth of cartilage.

Chondroitin sulfate is also recommended and is available to be used as an eye drop for dry eyes. Also, eye surgeons use the said chemical for cataract surgery and as an ideal solution to store corneas used in transplants. For multiple ophthalmology applications, the chemical is approved by the FDA.

Market Industry Reports (MIR) has published a new report titled “Chondroitin Sulfate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global chondroitin sulfate market was estimated to be over US$ 360.0 Mn in 2018.It is anticipated to grow at a CAGR of 3.0% from 2019 to 2030.

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Patients who are suffering from osteoarthritis may be given this supplement. This supplement offers positive impact to the patient. The painful symptoms caused by osteoarthritis may appear when the cartilage is worn out and exposes bones that begin to rub together. The conventional medication does not offer the reduction of pain due to osteoarthritis. Traditional medication comprises drug therapy to manage the pain due to the said disorder. Too avoid these drawbacks, the use of chondroitin sulfate has increased.

Major Key Players:

Bioiberica S.A.U., Sigma-Aldrich (Merck KGaA), Sioux Pharm, Inc., Jiaxing Hengjie Biopharmaceutical Co., Ltd., SEIKAGAKU CORPORATION, ZPD (Zeria Group), Synutra, Inc., Summit Nutritionals International, PACIFIC RAINBOW INTERNATIONAL, INC., and TSI Group Ltd. among others.

Chondroitin Sulfate Market Segmentation:

By Application:

Dietary Supplements, Veterinary, Pharmaceutical and Cosmetics

By Source:

Porcine and Bovine

Key Findings In Chondroitin Sulfate Market Report:

-To break down and inspect the worldwide Chondroitin Sulfate status and future figure including, creation, income, utilization, recorded and conjecture.

- To introduce the key Chondroitin Sulfate makers, creation, income, piece of the pie, SWOT examination and improvement designs in next barely any years.

- To section the breakdown information by areas, type, producers and applications.

- To break down the worldwide and key areas advertise potential and preferred position, opportunity and challenge, restrictions and dangers.

- To distinguish noteworthy patterns, drivers, impact factors in worldwide and districts.

- To deliberately investigate each submarket regarding singular development pattern and their commitment to the market.

- To break down serious advancements, for example, developments, understandings, new item dispatches, and acquisitions in the market.

Table of Content

1 Introduction of Chondroitin Sulfate Market
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 Executive Summary

3 Research Methodology of Market Industry Reports
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 Chondroitin Sulfate Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Chondroitin Sulfate Market, By Deployment Model
5.1 Overview

6 Chondroitin Sulfate Market, By Solution
6.1 Overview

7 Chondroitin Sulfate Market, By Vertical
7.1 Overview

8 Chondroitin Sulfate Market, By Geography
8.1 North America

8.2 Europe

8.3 Asia –Pacific

8.4 Rest of world

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