Collagen Dressings Market is Likely to Register Double Digit CAGR During 2018 - 2026

Collagen dressings are an excellent tool for partial and full thickness wound treatment, as this type of dressing promotes angiogenesis as well as development of new cells by working as natural scaffold. Collagen dressings also boost the wound healing process of non-healing chronic wounds which are stuck at the inflammation phase. They also have the enhanced ability to maintain a moist wound environment by absorbing wound exudates. The collagen used in wound dressings is usually derived from pigs, horses, and cattle.

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Significant growth in patient population across the globe demanding an improved quality of life is the major factor behind the continuous growth of advanced wound therapy devices. Furthermore, rise in adoption of advanced wound care products by surgeons, increase in prevalence of chronic as well as acute wounds, growth of geriatric population, and upsurge in research and development activities by manufacturers to innovate improved products are the key factors driving the growth of the global collagen dressings market. However, inability to use collagen dressings in the treatment of dry eschar covered wounds, third-degree burns, and in case of patients who are sensitive toward bovine or avian-origin products, along with increasing competition among major market players resulting in intense pricing pressures are likely to restrain the growth of the global collagen dressings market during the forecast period.

The global collagen dressings market can be segmented based on dressing type, material type, wound type, end-user, and region. Based on dressing type, the global collagen dressings market can be divided into collagen dressings with silver and collagen dressings without silver. Collagen dressings are available in different sizes and shapes. The silver-containing collagen dressings segment is expected to register an above average growth rate owing to increased patient preference for minimization in antimicrobial infection, along with improved debridement, angiogenesis, and re-epithalization.

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Based on material type, the global collagen dressings market can be divided into collagen particles, matrix dressings, and rope or sheet dressings. On the basis of wound type, the global collagen dressings market can be categorized into acute wounds and chronic wounds. The acute wounds segment can further be categorized into surgical wounds and burns. The surgical wounds segment mainly comprises surgical site infections. The collagen dressings are usually not prescribed for third-degree burns. The chronic wounds segment includes ulcers and ischemic and infectious wounds. The ulcers segment can further be classified into diabetic foot ulcers, pressure ulcers, venous leg ulcers, and other venous leg ulcers. In terms of end-user, the global collagen dressings market can be segmented into ambulatory surgical centers, long-term care centers, clinics, skilled nursing facilities, hospitals, and homecare settings. Based on revenue, the hospitals segment is projected to continue its dominance throughout the forecast period.

In terms of geography, the global collagen dressings market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The U.S. dominates the global collagen dressings market due to the strong presence of major market players with established distribution networks, availability of proper reimbursements ensuring fixed revenue generation for emerging market players, along with significant patient preference for technologically-advanced products which boost the wound healing process. Major manufacturers are focusing on expanding their market presence in the potential developing countries such as China and India. The market in these countries is also witnessing a shift from export-based dynamics to strong adoption of affordable products which are being manufactured by local players.

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Prominent players operating in the global collagen dressings market are 3M, Hollister Incorporated, ConvaTec Inc., BSN medical, Smith & Nephew plc, PAUL HARTMANN AG, Acelity L.P., Inc., Coloplast Group, Medline Industries, Inc., Mölnlycke Health Care AB (Investor AB), among others.

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