Dublin, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The "Collagen and Gelatin Market by Source (Bovine, Porcine, Marine), Application (Wound Care, Orthopaedic, Cardiovascular, Dental, Surgical, Nerve Repair), End User (Hospitals, Surgical Centers), Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global collagen and gelatin market is on track to reach new heights, projected to grow from USD 1.2 billion in 2023 to USD 1.6 billion by 2028, with a CAGR of 6.5%
This growth is attributed to the increasing adoption of collagen and gelatin in wound care applications and the surge in funding for research in this field.
Additionally, the rise in cardiovascular surgeries is expected to further bolster market growth. The comprehensive report provides market leaders and new entrants with accurate revenue estimations for the overall collagen and gelatin market and its subsegments, aiding stakeholders in understanding the competitive landscape and devising effective go-to-market strategies.
By delving into the key market drivers, restraints, opportunities, and challenges, the report equips stakeholders with a deeper understanding of the market dynamics.
Furthermore, the assessment of market shares, growth strategies, and service offerings of leading players, such as Integra LifeSciences, DSM, CollPlant Biotechnologies Ltd., Nitta Gelatin Inc., Collagen Solutions Ltd., and others, offers valuable insights to stay ahead in this rapidly expanding market.
The bovine segment held the dominant share in the collagen and gelatin market, by source, during the forecast period.
Based on Source, the global collagen and gelatin market is segmented into bovine, porcine, and other sources. The Porcine segment accounted for the largest share in 2022.
This is mainly due to the high its extensive use in tissue engineering and increased demand for biomaterials for wound care applications. Owing to various factors such as biocompatibility, structural support, moisture retention and other factors are increasing use of Bovine-based collagen products for various wound care applications.
Orthopedic segment accounted for the largest share of the application segment in 2022.
Based on application, the global collagen market is segmented into, wound care, dental, orthopedic, surgical, cardiovascular. The global gelatin market is segmented into orthopedic, wound care, and other applications.
The orthopedic segment accounted for the largest share of the collagen and gelatin market in 2022. The dominance of the segment is attributable to the increased use of gelatin and collagen based products in various orthopedic surgeries and the increased demand for scaffolds.
Asia Pacific region is likely to grow at a faster pace.
The growth of the region is majorly driven by the increasing prevalence of chronic wounds and the number of people suffering from chronic ulcers. Furthermore, increased adoption of demand for collagen-based wound care products and a rise in the number of surgeries is likely to upsurge the growth in the region.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 234 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $1.21 Billion |
| Forecasted Market Value (USD) by 2028 | $1.66 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Premium Insights
- Increased Prevalence of Diabetes and Cancer to Drive Market
- Bovine and Us Accounted for Largest Share of North American Collagen and Gelatin Market, by Source and Country, Respectively, in 2022
- Bovine Segment to Dominate Market in 2028
- Hospitals Segment Held Larger Market Share in 2022
- China to Exhibit Highest CAGR in Gelatin Market During Forecast Period
- Japan to Register Second-Highest CAGR in Collagen Market from 2023 to 2028
Market Dynamics
Drivers
- Increasing Prevalence of Diabetes & Chronic Wounds and Cancer
- Rising Investments and Funding in R&D of Collagen and Gelatin Products
- Growing Number of Surgical Procedures
Restraints
- Availability of Alternative Biomaterials to Collagen and Gelatin
Opportunities
- Enforcement of 21St Century Cures Act
Challenges
- Lack of Advanced Manufacturing and Marketing Technologies
Revenue Shifts and New Revenue Pockets for Players in Collagen and Gelatin Market
Value Chain Analysis
Supply Chain
Market: Ecosystem Analysis
Technology Analysis
Company Profiles
Key Market Players
- Integra Lifesciences
- DSM
- Nitta Gelatin Inc.
- Collplant Biotechnologies Ltd.
- Collagen Solutions plc
- Regenity
- Symatese
- Gelita Ag
- Tessenderlo Group (Bu Pb Liner)
- Smith & Nephew plc
- Zimvie Inc.
- Jellagen
Other Players
- Advanced Biomatrix
- Matricel GmbH
- Rousselot
- Weishardt
- Xiamen Hyfine Gelatin Co., Ltd.
- Geistlich Pharma Ag
- Synerheal Pharmaceuticals
- Bioregen Technologies
- Meril Life Sciences Pvt. Ltd.
- Medskin Suwelack
- Cologenesis Healthcare Pvt Ltd
- Dermarite Industries, LLC
- Eucare Pharmaceuticals Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/bcdb11
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