Industry Background:
The medical collagen market is expected to grow during the forecasted year due to the rising cosmetic surgeries across the world as people are more concerned about their faces and skin. Medical collagen is widely used in dental, cosmetics, orthopedic, cosmetic, medical devices, and other areas. The medical collagen depending on the degree of mineralization, the collagen tissue may be either rigid or tendon or have ea cartilage. It is found in corneas, blood vessels, the gut, the dentin in teeth in muscle tissue and intervertebral discs, which serves a major component of endomysium.
According to AMA Research, the market for Medical Collagen is expected to register a CAGR of 11.3% during the forecast period to 2030. This growth is primarily driven by Rising Number of Cosmetic Surgeries
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Supplies sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as DSM (Netherlands), Collagen Medical LLC (United States), Integra LifeSciences (United States), Collagen Matrix, Inc. (United States), EnColl Corporation (United States), Stryker Corporation (United States), Collagen Solutions Plc (United Kingdom), Innocoll Holdings Limited (Ireland), Rousselot (United States), Geltor, Inc. (United States), Jellagen (United Kingdom) and Garden of Life LLC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 30th April 2019, Garden of Life launched the new Grass-Fed Collagen line, providing an easy way to build beauty and inner health. The three new products — Garden of Life Collagen Beauty, Garden of Life Collagen Peptides and Garden of Life Collagen Turmeric — are Non-GMO Certified by IGEN, Keto Certified, Certified Paleo Friendly, NSF Gluten-Free and made from traceable sources.
On 28th March 2019, Geltor Inc.launched the HumaColl21, the first-ever human collagen created for cosmetic formula, sustainably produced with zero animal inputs. HumaColl21 is a first of its kind commercial human Type 21 collagen - the molecular root of youthful, resilient human skin - selected for its maximum biocompatibility with human skin cells. The ingredient will be unveiled at the upcoming in-cosmetics Global trade show in Paris, France.The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Influencing Trend:
Increasing Consumption of Medical Collagen for its Anti Aging Properties and Use of Medical Collagen in Supplements
Market Growth Drivers:
Rising Number of Cosmetic Surgeries and Growing Demand for Collagen in the Production of Medical Device
Challenges:
Stiff Competition Among Medical Collagen Players
Restraints:
Risk of Allergies Associated with Medical Collagen and Regulatory Compliance with Medical Collagen
Opportunities:
Rapid Advancement in Health Care Sector and Pharmaceuticals Operation will Boost the Medical Collagen Market and Increasing Disposable Income in Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Medical Collagen Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Medical Collagen Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Medical Collagen players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Medical Collagen Study Sheds Light on
The Medical Collagen Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Medical Collagen industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical Collagen industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.