Collagen Biomaterials Market Trends, Size, Competitive Analysis and Forecast 2021-2027
The global collagen biomaterials market is expected to grow at a significant CAGR during the forecast period (2021-2027). Collagen is a protein class, and collagen-based biomaterial applications are becoming increasingly popular in the tissue engineering field. The tissue engineered collagen biomaterial market is being driven by rigorous R&D activities in regenerative medicine and the increased use of collagen as a bone substitute. Collagen has become more popular as a bone substitute in recent years. Collagen has a wide range of functions. It aids in tissue development stimulation and also been discovered to be effective as a pain reliever in a variety of tissue and bone injuries. Another key factor driving the market includes the growing interest in using collagen in the wound healing process. In recent years, the number of people suffering from health problems such as poor bone mass and osteoporosis has increased dramatically. This, in turn, is driving the demand for collagen biomaterials, such as marine collagen bioactive peptides that supports in the absorption of zinc and calcium, which are essential components of bone and are beneficial for prevention of osteoporosis. Furthermore, the rising ageing population is likely to bring up new opportunities for global tissue engineered collagen biomaterials.
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Between 2012 and 2019,
1,897,050 hip and knee arthroplasty surgeries were conducted, according to the
American Joint Replacement Surgical Registry (AJRSR). The growing number of
joint replacement procedures is boosting demand for tissue engineered collagen
biomaterials, which is driving the market growth. Another factor driving market
growth is the rising number of sports-related injuries in children and adults
resulting in bone repair or replacement procedures. Furthermore, the use of
collagen in wound healing has a number of advantages in terms of boosting
tissue growth and providing relief for a variety of bone and tissue injuries,
which is driving the market.
Rising incidences of
orthopedic disorders coupled with the rising joint replacement surgeries is
primarily encouraging the market growth in the Asia-Pacific. With the passing
age, bones become more prone to fractures and injuries that can lead to
replacement of joint of the particular area. Japan market is expected to
grow significantly owing to growing geriatric population in Japan, as 30.0% of
the population is elderly inhabitant. In addition, according to Aging Asia
Organization, Thailand is ranked as the third most rapidly ageing population in
the world. The number of people aged 60 and over is 13 million, which is 20.0%
of the population. This, in turn, is accelerating the growth of the global
collagen biomaterials market.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
·
By Type
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By Application
• Regions
covered-
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North America
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Europe
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Asia-Pacific
·
Rest of the World
•
Competitive Landscape: Collagen Matrix
Inc., Medtronic plc, and Advanced BioMatrix Inc. among others.
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full Report of Collagen Biomaterials Market is Available @ https://www.omrglobal.com/industry-reports/collagen-biomaterials-market
Global Collagen Biomaterials Market Report by Segment
By Type
• Bovine
• Porcine
• Marine
• Others
By Application
• Tissue Engineering
• Drug Delivery System
• Others
Global Collagen Biomaterials Market Report by Region
North America
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United States
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Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
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India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
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Latin America
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Middle East & Africa
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