Collagen And Gelatin Market For Regenerative Medicine Worth 709.9 Million USD By 2022
The Global Collagen and Gelatin Market for regenerative medicine will
grow at a CAGR of 8.5% from 2017 to 2022 to reach USD 709.9 million by 2022,
according to the latest publication from Meticulous Research®. The
global collagen and gelatin market for regenerative medicine is driven by
rising prevalence of chronic diseases, rapid growth in aging population, and
increasing funding for R&D of regenerative medicines. However, growing use
of alternate biomaterials inhibits the growth of this market to some extent.
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The global collagen and
gelatin market for regenerative medicine is mainly segmented by type (collagen
and gelatin), by source (porcine, bovine, marine, and other), by application
(orthopedics, cardiovascular, wound care, and other), and geography. Based on
source, bovine collagen and gelatin held the largest share of the market in
2016, owing to their abundant availability and wide range of applications in
the tendon reinforcement, hernia repair, skin & wound healing, and plastic
& reconstructive surgery. Further, on the basis of application, orthopedics
accounted for the major share of the global collagen and gelatin market for
regenerative medicines in 2016, owing to the high prevalence of osteoporosis
across the globe due to aging population, growing obesity, and a poor level of
physical activity.
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Geographically, this
market is segmented into North America (U.S. and Canada), Europe (Germany,
France, U.K., Italy, Spain, and RoE), Asia Pacific (China, India, Japan, and
RoAPAC), Latin America, and Middle East & Africa. North America commanded
the largest share in the global collagen and gelatin market for regenerative
medicines in 2016, followed by Europe and Asia-Pacific. The large share of this
region is mainly attributed to the increasing prevalence of osteoporosis,
chronic wounds, heart diseases; growing meat processing; availability of
funding; and presence of many key players in this market. However, Asia Pacific
region is expected to witness significant growth during the forecast period due
to increasing burden of chronic diseases such as osteoporosis, diabetes, and
heart diseases; and growing meat processing.
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The key players operating
in the global collagen and gelatin market for regenerative medicines are
Collagen Solutions Plc (U.S.), Royal DSM (Netherlands), Symatese (France),
NuCollagen LLC (U.S.), GELITA AG (Germany), Nitta Gelatin Inc. (Japan),
Tessenderlo Group (Belgium), Vornia Biomaterials (Ireland),
Advanced BioMatrix (U.S.), Jellagen Pty Ltd (U.K.), EnColl Corporation (U.S.),
and XIAMEN HYFINE GELATIN CO., LTD. These vendors have employed various
strategies to expand their product and application offerings, global footprint,
and augment their market share.
About Meticulous Research®
MeticulousResearch® is founded in 2010 and incorporated
as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company
under the Companies Act, 1956. Since its incorporation, the company has become
the leading provider of premium market intelligence in North America, Europe,
Asia-Pacific, Latin America, and Middle East & Africa.
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Viren Shrivastava
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research®
Tel: +1-646-781-8004
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