Increasing Medical Devices Industry Demands propel Global Medical Collagen Market Growth
Inkwood Research estimates that the Global Medical Collagen Market is evaluated to grow with a CAGR of 6.35% in terms of revenue during the forecasting years of 2022-2030.
“Browse 57 market data Tables and 48 Figures
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Market Forecast 2022-2030.”
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Collagen is the most abundant protein in
the human body that forms a scaffold to provide structure and strength. Its
production declines with age. Some collagen types are stronger than steel.
Also, medical collagen is used in dressings to attract new skin cells to wound
sites. It is secreted by a number of cells, but majorly by connective tissue
cells.
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Growing
Demand from Medical Devices Industry drives Market Growth
The healthcare sector is the key end-user
of medical collagen. It is used in medical devices for burns, wounds,
surgeries, etc. Some of the devices manufactured for hospitals are used to
retain the shape of tissue, wherein collagen-based technology is utilized. With
regard to surgery, collagen eliminates lines that occur due to age. It is also
used in wound dressing, wherein it facilitates the growth of new tissues when
applied over the wound. Additionally, collagen aids in healing rotting/necrotic
wounds that release fluids.
Furthermore, collagen is used as purified
collagen. For this, collagen tissues are first disorganized and made soluble
with the aid of an enzyme digestion process that separates the cross-link
regions, leaving the triple-helix intact. As a result, the increasing demand
from the medical devices industry is a key growth driver.
Bovine is
the Largest-Revenue Generating Collagen Source
A bovine collagen is a protein form derived
from cows. It is attributed to various health benefits like bone loss
prevention, enhanced skin health, and arthritis relief. Also, bovine collagen
supplements help combat the effects of lower collagen levels. In addition, it
is evaluated to relieve osteoarthritis symptoms. Moreover, it is considered to
be a prominent nutrient source that rebuilds the rapidly dividing cells lining
the gut interior.
North America:
Largest-Revenue Generating Geography
The presence of eminent market players and
their business processes to enhance their product portfolio for sustaining
consumer demands is a key growth driver of the North American market. Also,
there is a shifting preference toward a healthy lifestyle and products with
health benefits. Besides, there is a growing demand for food supplements,
thereby boosting growth opportunities.
The market rivalry is high, with companies
acquiring and merging with small companies for business expansions and to market
their presence globally. Some of the leading companies in the market include Jellagen,
Integra LifeSciences, Italgel, Lapi Gelatine, etc.
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Inkwood Research
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& customized research reports and consulting services. Market intelligence
studies with relevant fact-based research are customized across industry
verticals such as technology, automotive, chemicals, materials, healthcare, and
energy, with an objective comprehension that acknowledges the business
environments. Our geographical analysis comprises North & South America,
CEE, CIS, Middle East, Europe, Asia, and Africa.
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