Medical Collagen Market is expected to reach US$ 957.4 million by 2028

Published Date: 21 Apr 2021

Report : Medical Collagen Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Source (Bovine, Porcine, and Others), Product (Gelatine, Hydrolysed Collagen, Native Collagen, and Others), and Application (Wound Care, Bone Grafts, Tissue Scaffolds, Cartilage Repair, Haemostats, Diagnostics, Vascular Grafts, and Others)

Bovine Segment to Lead Market During 2021–2028

 

According to our new research study on “Medical Collagen Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Source, Product, and Application,” the market is expected to reach US$ 957.4 million by 2028 from US$ 593.7 million in 2020; it is estimated to grow at a CAGR of 6.2%  from 2021 to 2028. The report highlights trends prevailing in the global medical collagen market and factors driving the market growth.

 

Based on source, the bovine segment held the largest market share in 2020. Also, the same segment is expected to register the highest CAGR during the forecast period. Bovine is derived from the bone and skin of cows. It delivers 18 amino acids that include 8 essential amino acids. Bovine is a viable source of proline and glycine. Bovine collagen is used to produce medical devices and this collagen is derived from purified collagen extracts obtained from the bovine dermis. Many of the companies obtain the bovine raw material for medical applications mainly from veterinary controlled herds.

 

The growth of the medical collagen market is mainly attributed to the factors such as the rising applications of collagen in the medical industry, and growing FDA approvals and product launches. However, the product recalls hinder the market growth.

 

DSM; Integra Lifesciences Corporation; Collagen Matrix, Inc.; Encoll; Collagen Solutions Plc; Innocoll; Symatese; Gelita Ag; Collplant Biotechnologies Ltd; and Croda Interntional PLC are among the leading companies operating in the medical collagen market.

 

Medical Collagen Market, by Region, 2019 (%)

Medical Collagen Market, by Region, 2019 (%)

 

The report segments global medical collagen market as follows:

 

By Source

  • Bovine
  • Porcine
  • Others

By Product

  • Gelatine
  • Hydrolysed Collagen
  • Native Collagen
  • Others

By Application

  • Wound Care
  • Bone Grafts
  • Tissue Scaffolds
  • Cartilage Repair
  • Haemostats
  • Diagnostics
  • Vascular Grafts
  • Other

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East and Africa
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of South and Central America

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