The global collagen and gelatin market is projected to reach 1,083 million by 2026 from USD 772 million in 2021, at a CAGR of 7.0% during the forecast period. Diabetes is an important target indication?it can increase the incidence and complexity of wounds such as infections, ulcerations (leg or foot ulcers), and surgical wounds, requiring treatments and incurring exorbitant medical expenses. Nearly 25% of diabetics in the US develop foot ulcers during their lifetime, while ~15% of the diabetic population suffers from diabetic foot ulcers (DFUs). The increasing prevalence of DFUs is expected to drive the demand for regenerative medicine products like grafts and matrices. Thus, fueling the market growth. However, the availability of alternative biomaterials is likely to hinder the market growth.
“The porcine segment accounted for the highest growth rate in the collagen and gelatinmarket, bysource, during the forecast period”
Based on source, the global collagen and gelatinmarket is segmented into bovine, porcine, and other sources. The porcine segment is projected to grow at the highest CAGR during the forecast period. This is mainly due to its high biocompatibility and bioactivity that account for its use as a scaffolding material in tissue engineering.
“Orthopedic application segment accounted for the largest share”
Based on application, the global collagen market is segmented into orthopedic, wound care, dental, surgical, cardiovascular, and other applications. The global gelatin market is segmented into orthopedic, wound care, and others. The orthopedic segment accounted for the largest share of 37.5% of the collagen market and 41.5% of the gelatin market in 2020, mainly due to the increasing use of these biomaterials in orthopedic surgeries and the high demand for scaffolds for bone substitutes
“Asia Pacific: The fastest-growing regionin thecollagen and gelatinmarket”
Thecollagen and gelatinmarket is segmented into North America, Europe, Asia Pacific,RoW. The collagen and gelatinmarket in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Growth in the APAC market is driven by rising geriatric population in Japan and China, increasing prevalence of chronic wounds, and growth in the number of people suffering from pressure ulcers.
The primary interviews conducted for this report can be categorized as follows:
- By Respondent: Supply Side- 80%and Demand Side 20%
- By Designation: C-level - 25%, D-level - 20%, and Others - 55%
- By Region: North America -50%, Europe -20%, Asia-Pacific -20%, RoW -10%
This report provides a detailed picture of thecollagen and gelatin market. It aims at estimating the size and future growth potential of the market across different segments such as the service end user and region. The report also includes an in-depth competitive analysis ofthe key market players along with their company profiles recent developments and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall collagen and gelatinmarketand its subsegments.It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market’s pulse and provide them with information on the key market drivers, restraints, trends opportunities, and challenges.