“medical-collagen-market”
According to Triton’s market research report, the global medical collagen market generated a revenue of $547.85 million in 2022 and is expected to grow at a CAGR of 6.57% from 2022 to 2028.
A recent study by Triton Market Research titled “Global medical collagen market‘ Includes global analysis and forecast by Product (Hydrolyzed Collagen, Native Collagen, Gelatin, Other Products), Application (Vascular Grafts, Wound Care, Tissue Scaffolds, Diagnostics, Cartilage Repair, Bone Grafts, Hemostats, Other Applications), source (pork, cattle, other sources) and regional outlook (Latin America, North America, Europe, Asia-Pacific, Middle East and Africa).
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Triton report states that the global medical collagen market is likely to grow at a CAGR of 6.57% from 2022 to 2028. Additionally, it is estimated to generate revenue worth $853.40 million. dollars by 2028.
Collagen supplements are infused with protein and provide various health benefits. The increased use of collagen as a supplement in medical devices is contributing to the overall growth of the medical collagen market. Additionally, advancements in medical devices and technology have also increased the growth of the market.
On the other hand, an overdose of collagen can cause side effects such as heartburn, diarrhea, bloating, and digestive issues. Additionally, collagen supplements are produced from animal parts. As such, a large group of people are against the use of animal products, which limits the demand for collagen in the market.
The global medical collagen market is categorized into product, application, and source. Based on the product, it is further divided into hydrolyzed collagen, native collagen, gelatin and other products. While, based on the application segment, it includes Vascular Grafts, Wound Care, Tissue Scaffolds, Diagnostics, Cartilage Repair, Bone Grafts, Hemostats, and other applications. Source segment, on the other hand, is divided into porcine, bovine and other sources.
Asia-Pacific is expected to witness the fastest growth rate in the global medical collagen market over the forecast period. The region’s growth can be attributed to the growth of the beauty industry and the consumption of collagen products. In addition, many consumers include collagen-based products, derived from animal sources, in their diet. As a result, the demand for collagen is also increasing in the food and beverage industry. Hence, leading players in the region such as Nitta Gelatin are thriving in their business, contributing to the growth of the market.
Major market leaders in medical collagen are Jellagen, Collagen Matrix Inc, Nitta Gelatin Inc, Weishardt, Integra Life Sciences, Connoils LLC, Stryker, Nippi Inc, Lapi Gelatine, Symatese, Tessenderlo Group, DSM, Italgel, Darling Ingredients Inc and Gélita .
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Question & Answer: Medical collagen market
Question 1: What is driving the growth of the medical collagen market?
Answer: Collagen supplements are infused with protein and provide various health benefits. The increased use of collagen as a supplement in medical devices is contributing to the overall growth of the medical collagen market. Additionally, advancements in medical devices and technology have also increased the growth of the market.
Question 2: What factors are hindering market growth?
Answer: An overdose of collagen can cause side effects such as heartburn, diarrhea, bloating, and digestive issues. Additionally, collagen supplements are produced from animal parts. As such, a large group of people are against the use of animal products, which limits the demand for collagen in the market.
Question 3: Which region has the fastest growth rate in the global market?
Answer: The Asia-Pacific region is expected to experience the fastest growth rate in the global medical collagen market over the forecast period. The region’s growth can be attributed to the growth of the beauty industry and the consumption of collagen products. In addition, many consumers include collagen-based products, derived from animal sources, in their diet. As a result, the demand for collagen is also increasing in the food and beverage industry. Hence, leading players in the region such as Nitta Gelatin are thriving in their business, contributing to the growth of the market.
Question 4: Who are the main market leaders in medical collagen?
Answer: Major market leaders in medical collagen are Jellagen, Collagen Matrix Inc, Nitta Gelatin Inc, Weishardt, Integra Life Sciences, Connoils LLC, Stryker, Nippi Inc, Lapi Gelatine, Symatese, Tessenderlo Group, DSM, Italgel, Darling Ingredients Inc . , and Gelita.
Related report:
Global Medical Aesthetics Market
The global medical aesthetics market is expected to grow at a CAGR of 5.53% from 2019 to 2028 while reaching $18,527.3 million in revenue by 2028.
Medico-aesthetic devices improve the aesthetic appearance of the person by correcting malformations. The market is driven by increased technology, growing awareness of aesthetic appearance, and high demand for minimally invasive and non-invasive reconstructive surgeries. They are employed in medical tourism, health care, beauty centers, etc.
Medical cosmetic surgery emerges as a result of the evolution of reconstructive procedures. However, high treatment costs, risks of implant malfunction and low reimbursements are restraining the market growth.
On the contrary, the increase in cosmetic procedures to improve physical appearance and the emergence of tourist medical spas present a lucrative opportunity for market players. This shows a positive outlook for the market.
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