Medical Collagen Market: Comprehensive Research Study, Trends, Share, And Forecast 2028
The major factor propelling the market demand are rising applications of collagen in medical industry. The collagen has increasing become a successful and widely used medical product. And has specifically gain widespread clinical and consumer acceptance for being seen as a safe material with the properties that can adapt to meet the range of different clinical applications. Besides, collagen products are mostly used in medicine and dentistry for many purposes including wound dressing and as a matrices for the tissue growth. As it is the chief structural protein of the body. Furthermore, growing FDA approvals and product launches and increasing research activities for collagen based medical products has certainly boosted the demand for the market worldwide. This factor is expected to create of growth opportunity for market over the forecast period.
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MARKET OPPORUNITY
The
market is expected to witness increasing opportunities in the global medical
collagen market attributing to growing consumer consciousness for healthy skin
coupled with the shifting inclination towards the use of supplement and
neutraceuticals which is expected to create rising new growth opportunity for
the market demand. Besides, constant investment in research and development
activities for healthy skin coupled with the inclination towards use of the
medical collagen is expected to create ample of new growth opportunities for
the market.
MARKET
RESTRAINSTS
The major
restraining factor for the global medical collagen market is higher price of
the collagen. The price of collagen mostly differ from product to product and
based on the source. Besides, constant emerging different brands products but
with higher price is expected to restrain the market growth to major extend.
CUMULATIVE
GROWTH ANALYSIS
The
report provides in-depth analysis of global medical collagen market, market
size, and compound annual growth rate (CAGR) for the forecast period of
2022-2028, considering 2021 as the base year. With increasing demand for
various medical collagen in various applications has led the increasing demand
for market and is expected to witness the growth at a specific CAGR of 6.10%
from 2022-2028.
MARKET
SEGMENTAL OVERVIEW
The global medical collagen market comprises of different market segment like
source, product, application and geography.
MEDICAL
COLLAGEN MARKET BY SOURCE
The
source is studied in the global medical collagen market are bovine, porcine.
The bovine collagen is expected to gain major market share during the forecast
period. Bovine collagen is a common supplement or food additive derived from
the cows and offers number of health benefits such as improved skin health and
bone loss prevention. Bovine collagen ideally helps to strengthen various body
structure and integrity of the skin and is widely used in different clinical
applications. On the other hand, porcine is likely to contribute healthy growth
for the market as porcine collagen is derived from pig’s bone and skin.
Besides, the gelatin is mostly rich in porcine collagen peptides and is more
bioavailable than native pork collagen.
MEDICAL
COLLAGEN MARKET BY PRODUCT
The
medical collagen market by product includes various segment like gelatine,
hydrolysed collagen, and native collagen. Gelatin is the leading segment in
market during the estimated time period. Gelatin is a protein product derived
from the collagen. And ideally have important health benefits due to its unique
combination of amino acids. Gelatin has been shown to play a specific role in
joint health and brain function and may improve the appearance of skin and
hair. Furthermore, gelatin is made of
98-99% of protein and remaining 1-2% is water and small amounts of vitamin and
minerals. Furthermore, gelatin is also known as richest food source of the
amino acid glycine.
MEDICAL
COLLAGEN MARKET BY APPLICATION
The
global medical collagen market finds its major application in wound care, bone
grafts, tissue scaffolds, cartilage repair, haemostats, diagnostics, and
vascular grafts. Wound care is expected to dominate in the medical collagen
market and maintain its dominance over the estimated time period. With the
continued increase in aging population, and associated comorbidities,
preventative strategies and accurate wound assessment has specifically fuel the
requirement for the wound care which has ultimately created emerging demand for
medical collagen market. Collagen wound dressing mostly stimulate the growth of
new tissue in wound by promoting the deposition and organization of new
collagen fibers in it. Adding to that, tissue scaffolds mostly have increasing
demand for medical collagen to in vivo – to support the regrowth of tissue or
bone after surgery or an injury. The market product specifically helps to
strength and structure.
MEDICAL
COLLAGEN MARKET BY GEOGRAPHY
The
global medical collagen market is studied for the following region North
America, Europe, Asia-Pacific and Rest of the world (RoW). North America is
likely to witness increasing demand for medical collagen market. The major
factor propelling the market growth are increasing geriatric population,
increasing awareness for use of medical collagen for skin, muscles and bones
has specifically contributed in the market. Besides, rising applications of
collagen in medical industry, growing FDA approvals and product launches and
increasing research activities for collagen based medical products is expected
to provide ample of growth opportunities for the market over the estimated time
period. Besides, presence of well-established manufacturer operating in medical
collagen market is propelling the market growth. Alternatively, Asia Pacific is
expected to have rising demand for medical collagen market attributing presence
of economies countries like China, India, among others. The increasing population, trauma, injuries
has specifically accelerated the requirement for medical collagen market.
COMPETITIVE
LANDSCAPE ANALYSIS
The
competitive landscape analysis of medical collagen market is certainly based
range of market players operating in the healthcare market with increasing
demand for production of medical collagen. Besides, number of market players
offered wide range of products for different application in various geographic
locations. The market has major competitive analysis based on new product
launches as well as other developments.
RECENT
DEVELOPMENT:
December
2021: Mallinckrodt plc had announced the enrollment of the first patient in
StrataSOMA, a phase ½ a clinical trial that is assessing StrataGraft
(allogeneic cultured keratinocytes and dermal fibroblasts in murine collagen
for investigational treatment of adults with third degree full thickness
thermal burns.
November
2020: Maypharm Co. Ltd had announce the launch of a new PLA meNnus (200mg/vial)
which is available at Maypharm. MENNUS is a new combination of mesotherapy and
biotechnology directed to fill shelves of professional cosmetics. Main power of
effect is coming from ingredients: Poly-D, L-lactic Acid (PLA) maintained with
Carboxymethyl Cellulose (CMC) in co-operation, both give the longest collegen
regeneration that lasts up to 18-24 months. CMC gels immediately fills dermis
with insufficient volume, providing PLA new cells to create more collagen than
before.
November
2018: BioCell Technology, LLC had announced the flagship of clinically tested
healthy aging ingredient. The company had launched the stand alone ingredient
featured in a new dietary supplement from the esteemed finished product
manufacturing NOW. NOW’s BioCell Collagen deliver 1,000 mg in two capsules
providing > 570 mg of type II collagen peptides, >95 mg of hyaluronic
acid and >190 mg of chondroitin sulfate. The ingredient supports the joint,
skin and connective tissue health.
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