Global Collagen Dressing Market Size To Worth USD 604.31 Million by 2032 | CAGR of 4.7%
Category: HealthcareGlobal Collagen Dressing Market Size To Worth USD 604.31 Million by 2032
According to a research report published by Spherical Insights & Consulting, the Global Collagen Dressing Market Size is to Grow from USD 381.44 Million in 2022 to USD 604.31 Million by 2032, at a Compound Annual Growth Rate (CAGR) of 4.7% during the projected period. The increasing number of chronic disease patients around the world is driving up demand for collagen dressing. Furthermore, because the elderly has slower healing abilities, an increase in the number of elderly people is expected to boost the market.
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Browse key industry insights spread across 200 pages with 110 market data tables and figures & charts from the report on the “Global Collagen Dressing Market Size, Share, and COVID-19 Impact Analysis, By Form (Gel, Pads, Powder, Sheet, and Others), By Source (Bovine, Equine, and Others), By Type (Antimicrobial Collagen Dressing, Hydrogel Collagen Dressing, and Alginate Collagen Dressing), By End-use (Hospitals, Specialty Clinics, Home Healthcare, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/collagen-dressing-market
Collagen dressings are wound care solutions that aid the natural healing process of the skin by acting as a scaffold for tissue regeneration. These dressings are biocompatible and highly effective in wound healing applications because they are made mostly of collagen, a structural protein present in skin, tendons, bones, and other connective tissues. Collagen dressings have a number of benefits, including the capacity to keep the wound moist, promote tissue granulation, and aid in the development of new blood vessels. These qualities make them ideal for treating a wide range of wound types, including chronic wounds, diabetic ulcers, surgical incisions, and burns. Because of an increase in the occurrence of chronic wounds such as diabetic foot ulcers and pressure sores, as well as an aging population, the worldwide collagen dressing market has grown dramatically in recent years. In addition, advancements in collagen dressing technology and a shift toward more advanced wound care options have spurred market expansion. However, traditional wound care options, such as gauze or basic dressings, are typically more expensive than collagen dressings. Healthcare costs can be a significant barrier for healthcare facilities, especially in areas where healthcare budgets are limited.
The gel segment accounted for the largest share of the global collagen dressing market in 2022.
The global collagen dressing market is divided into gel, pads, powder, sheet, and others based on form. In 2022, the gel segment held the largest share of the global collagen dressing market. The segmental dominance can be attributed to the increasing number of partial and full-thickness wounds, such as surgical wounds. According to a 2020 NCBI study, nearly 310 million surgical procedures were carried out worldwide. Similarly, approximately 352,000 admissions involved surgeries, while 2.2 million admissions involved elective surgeries, according to the Australian Institute of Health and Welfare.
The bovine segment accounted for the largest share of the global collagen dressing market in 2022.
The global collagen dressing market is divided into bovine, equine, and others, according to the source. The bovine segment held the largest share of the global collagen dressing market in 2022. The segmental dominance can be attributed to the availability of various bovine collagen dressings. Furthermore, the majority of the firms are involved in the bovine collagen dressing segment, which increases product availability. Furthermore, these are frequently used as a wound dressing for severe burns, donor site infections, pressure sores, and leg ulcers.
The antimicrobial collagen dressing segment accounted for the largest share of the global collagen dressing market in 2022.
The global collagen dressing market is classified into three types: antimicrobial collagen dressing, hydrogel collagen dressing, and alginate collagen dressing. In 2022, the antimicrobial collagen dressing segment held the largest share of the global collagen dressing market. The segmental growth can be attributed to the increase in the number of cases of various wound infections.
North America is projected to hold a significant share of the global collagen dressing market over the predicted timeframe.
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North America is expected to account for a sizable portion of the global collagen dressing market in the coming years. The dominance can be attributed to the presence of a target population base, such as people with various chronic and acute wounds. According to the International Mountain Healthcare Organization, approximately 6.5 million Americans have chronic wounds.
During the forecast period, Asia Pacific is projected to expand at the fastest rate in the global collagen dressing market. The rate of growth can be attributed to the increase in the number of patients suffering from diabetes and related disorders. Diabetes is estimated to affect one out of every ten Chinese people, according to diabetes.co.uk.
Major vendors in the Global Collagen Dressing Market include Smith & Nephew, Paul Hartmann, Sanara MedTech Inc., 3M, Lohmann & Rauscher, Derma Rite Industries, Integra LifeSciences, Coloplast Corp., McKesson Corporation, Medline Industries, Johnson & Johnson (Ethicon), and Others.
Recent Developments
- In August 2023, Sanara MedTech Inc. purchased a number of assets related to its collagen products business, including all rights and ownership for three new collagen-based products currently in development (for human wound care applications).
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Collagen Dressing Market based on the below-mentioned segments:
Global Collagen Dressing Market, By Form
- Gel
- Pads
- Powder
- Sheet
- Others
Global Collagen Dressing Market, By Source
- Bovine
- Equine
- Others
Global Collagen Dressing Market, By Type
- Antimicrobial Collagen Dressing
- Hydrogel Collagen Dressing
- Alginate Collagen Dressing
Global Collagen Dressing Market, By End-use
- Hospitals
- Specialty Clinics
- Home Healthcare
- Others
Global Collagen Dressing Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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