Collagen Market to Advance at CAGR of 5.5% during Forecast Period; Substantial Demand in Drug Delivery Systems Propelling Revenue Gains, Finds TMR Study
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ALBANY, N.Y., March 21, 2022 /PRNewswire/ -- Collagen is attracting enormous attention for applications in biomedicine and food & beverages industry. Growing acceptance of collagen supplements in nutraceuticals has been propelling application in skin care products, thus underpinning profitable opportunities in the collagen market. The global valuation of the collagen market is projected to reach US$ 7.1 Bn by the end of the forecast period (2021–2028).
The growing use of collagen in protein dietary supplementation is one of the numerous applications fueling revenue growth, finds the TMR study on the collagen market. Additionally, its use of collagen in improving consistency and stability of food products is driving application of the products in the food & beverages industry. Collagen from both bovine and porcine have undergone massive commercialization to cater to the widespread demand in the pharmaceutical and cosmetics industries.
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Purified gelatin have been popularized in spinal fusion surgeries. Collagen sponge purified from original type I collagen has demonstrated effectiveness in reducing perioperative blood loss in posterior spinal fusion surgeries. Market players have benefitted from availability of a number of collagen sources. The use of collagen has risen in bioengineering of tissues such as ligament and blood vessels, thereby bolstering the valuation of the collagen market.
Key Findings of Collagen Market Study
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Collagen Market: Key Drivers
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Collagen Market: Regional Growth Dynamics
Collagen Market: Key Players
Some of the prominent companies in the collagen market are Getinge AB, Integra LifeSciences Holdings Corporation, Lapi Gelatine S.p.a., Vinh Hoan Corporation, Weishardt, Nitta Gelatin, Inc., Nippi Incorporated, Koninklijke Dsm N.v., Gelita AG, CollPlant Ltd., and Collagen Solutions plc.
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Global Collagen Market: Segmentation
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
Collagen Fiber Sutures Market: Collagen fiber sutures are medical devices used for the closure of cutaneous wounds and surgical incisions. These sutures are utilized to close blood vessels, internal organs, skin, and other human body tissues post-surgery. Collagen fiber sutures were developed to overcome the disadvantages of traditional catguts. Flexor tendons of beefs were transformed into dispersed fibrils.
Marine Collagen Market: Marine collagen comes under the category of type I and type III collagen, which is mostly a form of fibrous protein derived from the scales or meat of sea fish. It is the most pure and potent form of collagen extracted especially from salmon and red snapper. Such collagen considered as a building block for flexible, durable bones, skin, and connective tissues.
Collagen Fillers Market: Facial fillers are temporary to long-lasting solutions administered through a few tiny facial injections on specific areas of the face. Collagen fillers is a soft-tissue dermal fillers made from purified cow skin used to fill wrinkles, lines, and scars on the face. Increase in social awareness about personal well-being boosts the growth of cosmetic surgeries.
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