Global Gelatin Methacryloyl Market, By Application (Tissue Engineering, 3D Bioprinting, Drug Delivery, Cell Culture, Wound Healing, Others), End-Use (Biotechnology, Pharmaceutical, Hospitals and Clinics, Others) - Industry Trends and Forecast to 2031.
Gelatin Methacryloyl Market Analysis and Size
The essential factors contributing to the growth of the global gelatin methacryloyl market in the forecast period of 2024 to 2031 include advancements in tissue engineering and regenerative medicine, expansion of 3D bioprinting technology, and recent advancements in photocrosslinkable GelMA formulations.
Data Bridge Market Research analyzes that the global gelatin methacryloyl market which was USD 117.21 million in 2023, is expected to reach USD 156.30 million by 2031, growing at a CAGR of 3.7% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Tissue Engineering, 3D Bioprinting, Drug Delivery, Cell Culture, Wound Healing, Others), End-Use (Biotechnology, Pharmaceutical, Hospitals and Clinics, Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America
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Market Players Covered
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The GelMA Company (France), Biomaterials and Tissue Engineering Research Group (Ireland), Cellink (Sweden), Thermo Fisher Scientific (U.S.), Sigma-Aldrich (Merck) (U.S.)
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Market Opportunities
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Market Definition
Gelatin Methacryloyl (GelMA) is a modified form of gelatin, a protein derived from collagen, and is commonly used in various biomedical applications. GelMA is created by introducing methacryloyl groups to the gelatin structure, allowing it to undergo photo-crosslinking reactions.
Global Gelatin Methacryloyl Market Dynamics
Drivers
- Advancements in biomedical research
Ongoing developments in biomedical research, especially in the fields of tissue engineering and regenerative medicine, may drive the demand for GelMA as a versatile biomaterial. Moreover, GelMA's potential in drug delivery systems, particularly for controlled release applications, can drive its adoption in the pharmaceutical industry.
- Increased focus on 3D bioprinting
GelMA is often used in 3D bioprinting applications due to its tunable properties and biocompatibility. The growth of 3D bioprinting technologies may contribute to the demand for GelMA, which in turn can drive market growth.
Opportunity
- Increasing awareness and education
As awareness of GelMA's properties and potential applications increases, researchers and industry professionals may be more inclined to explore and adopt GelMA-based products. Furthermore, clear regulatory pathways for the use of GelMA in medical devices and pharmaceuticals can positively impact its market growth.
Restraint/Challenge
- Competition from alternative material
The biomedical materials market is competitive, with various alternatives available for different applications. GelMA faces competition from other hydrogels and biomaterials that may offer similar or improved properties. In addition, the lack of standardized protocols for the synthesis and use of GelMA may hinder its widespread adoption. Standardization is crucial for ensuring consistency in product quality and performance.
This gelatin methacryloyl market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gelatin methacryloyl market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In July 2023, Sigma-Aldrich (Merck), a prominent science and technology company, has revealed the expansion of its Lenexa facility in Kansas, USA. This expansion includes 9,100 sq m2 of lab space and production capability, dedicated to manufacturing cell culture media
Global Gelatin Methacryloyl Market Scope
The gelatin methacryloyl market is segmented on the basis of application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Tissue Engineering
- 3D Bioprinting
- Drug Delivery
- Cell Culture
- Wound Healing
- and Others
End-Use
- Biotechnology
- Pharmaceutical
- Hospitals and Clinics
- Others
Global Gelatin Methacryloyl Market Regional Analysis/Insights
The gelatin methacryloyl market is analyzed, and market size insights and trends are provided by country, application, and end-use as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
North America is expected to dominate the market due to region’s advanced healthcare system, robust biotechnology research, and high investment in regenerative medicine.
Asia-Pacific is expected to show significant amount of growth in the market due to increasing healthcare expenditure, growing biotechnology sector, and rising research activities have driven the adoption of gelatin methacryloyl-based products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Gelatin Methacryloyl Market Share Analysis
The gelatin methacryloyl market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gelatin methacryloyl market.
Some of the major players operating in the gelatin methacryloyl market are:
- The GelMA Company (France)
- Biomaterials and Tissue Engineering Research Group (Ireland)
- Cellink (Sweden)
- Thermo Fisher Scientific (U.S.)
- Sigma-Aldrich (Merck) (U.S.)
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