Global Native Collagen Market is valued approximately USD 177.76 million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.24 % over the forecast period 2021-2027. Native collagen is insoluble and is extracted from animals’ bones and cartilage. This kind of collagen is employed in wound healing, tissue formation, bone and joint restoration, and the production of topical cosmetics. The increasing demand of processed products utilised in the manufacturing of a variety of meals and supplements for joint, bone, and skin protection, as well as dietary supplements which has driven the market for native collagen. Increasing awareness of its ability to provide comfort to individuals suffering from rheumatoid arthritis and osteoarthritis is projected to drive demand in the medical industry over the next few years. Rising recognition of clinical uses for wound healing and treatment of rheumatoid arthritis and osteoarthritis is expected to push product demand even further. According to the Centers for Disease Control and Prevention’s March 2017 Vital Signs report, 54.4 million U.S. adults suffer with arthritis, accounting for around 25% of the population. Also by the year 2025, over 67 million people in the United States will most likely suffer from arthritis. However, the risk of disease transmission from an animal-based collagen product, as well as the availability of substitutes for animal-derived components, are obstacles for the growth of the market over the forecast period of 2021-2027. Also, production of innovative collagen applications for a variety of therapeutic purposes and incorporation of collagen in various medical supplements and products is likely to increase the market growth during the forecast period.
The geographical analysis of global Native Collagen market is considered for the main regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share because of growth of several end-use industries, such as cosmetic and healthcare. Whereas, Europe is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as high prevalence of osteoarthritis and rising use of the product in bone and joint remodelling, tissue regeneration, wound dressing, and rheumatoid arthritis treatment would create lucrative growth prospects for the Native Collagen market across European region.
Major market player included in this report are:
REPROCELL USA Inc.
Aviva Systems Biology Corporation
Beyond Biopharma Co., Ltd.
Bio-Rad Laboratories, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Bone & Joint Reconstruction
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Native Collagen Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers