Increasing Medical Devices Industry Demands propel Global Medical Collagen Market Growth

Inkwood Research estimates that the Global Medical Collagen Market is evaluated to grow with a CAGR of 6.35% in terms of revenue during the forecasting years of 2022-2030.

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Collagen is the most abundant protein in the human body that forms a scaffold to provide structure and strength. Its production declines with age. Some collagen types are stronger than steel. Also, medical collagen is used in dressings to attract new skin cells to wound sites. It is secreted by a number of cells, but majorly by connective tissue cells.

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Growing Demand from Medical Devices Industry drives Market Growth

The healthcare sector is the key end-user of medical collagen. It is used in medical devices for burns, wounds, surgeries, etc. Some of the devices manufactured for hospitals are used to retain the shape of tissue, wherein collagen-based technology is utilized. With regard to surgery, collagen eliminates lines that occur due to age. It is also used in wound dressing, wherein it facilitates the growth of new tissues when applied over the wound. Additionally, collagen aids in healing rotting/necrotic wounds that release fluids.

Furthermore, collagen is used as purified collagen. For this, collagen tissues are first disorganized and made soluble with the aid of an enzyme digestion process that separates the cross-link regions, leaving the triple-helix intact. As a result, the increasing demand from the medical devices industry is a key growth driver.

Bovine is the Largest-Revenue Generating Collagen Source

A bovine collagen is a protein form derived from cows. It is attributed to various health benefits like bone loss prevention, enhanced skin health, and arthritis relief. Also, bovine collagen supplements help combat the effects of lower collagen levels. In addition, it is evaluated to relieve osteoarthritis symptoms. Moreover, it is considered to be a prominent nutrient source that rebuilds the rapidly dividing cells lining the gut interior.

North America: Largest-Revenue Generating Geography

The presence of eminent market players and their business processes to enhance their product portfolio for sustaining consumer demands is a key growth driver of the North American market. Also, there is a shifting preference toward a healthy lifestyle and products with health benefits. Besides, there is a growing demand for food supplements, thereby boosting growth opportunities.

The market rivalry is high, with companies acquiring and merging with small companies for business expansions and to market their presence globally. Some of the leading companies in the market include Jellagen, Integra LifeSciences, Italgel, Lapi Gelatine, etc.

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