Global Collagen Dressing Market Insights Forecasts to 2032

• The Global Collagen Dressing Market Size was valued at USD 381.44 Million in 2022.
• The Market Size is Growing at a CAGR of 4.7% from 2022 to 2032
• The Worldwide Collagen Dressing Market Size is expected to reach USD 604.31 Million by 2032
• Asia Pacific is expected to Grow the fastest during the forecast period

 

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The Global Collagen Dressing Market Size is anticipated to exceed USD 604.31 Million by 2032, growing at a CAGR of 4.7% from 2022 to 2032. The growing number of chronic disease patients globally is driving the demand for collagen dressing. Furthermore, as the older population displays slower healing ability, an increase in the number of elderly populations is expected to boost the market.  

 

Market Overview

Collagen dressings are specialized wound care products that promote the skin's natural healing process by performing as a scaffold for tissue regeneration. Because these dressings are made primarily of collagen, a structural protein found in skin, tendons, bones, and other connective tissues, they are biocompatible and highly effective in wound healing applications. Collagen dressings have several advantages, including the ability to keep the wound moist, support tissue granulation, and aid in the formation of new blood vessels. These characteristics make them particularly suitable for treating a variety of wound types, such as chronic wounds, diabetic ulcers, surgical incisions, and burns. The global collagen dressing market has grown significantly in recent years, owing to an increase in the prevalence of chronic wounds such as diabetic foot ulcers and pressure sores, as well as an aging population. Furthermore, advances in collagen dressing technology and a shift toward more advanced wound care solutions have fueled market growth.

 

Report Coverage

This research report categorizes the market for the global collagen dressing market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the collagen dressing market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the collagen dressing market.

 

Driving Factors

The increasing prevalence of chronic wounds, such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, is one of the primary drivers. Because of factors such as an aging population, the diabetes epidemic, and an increase in sedentary lifestyles, these conditions are becoming more common. A significant driver is the global demographic shift toward an older population. Aging people are more prone to chronic health conditions, such as wounds, which necessitate effective wound care products such as collagen dressings. Continuous advances in collagen dressing technology have resulted in the creation of more innovative and effective products. Improved moisture retention capabilities, antimicrobial properties, and improved adherence to wound surfaces are among the innovations.

 

Restraining Factors

Collagen dressings are typically more expensive than traditional wound care options such as gauze or basic dressings. The cost of healthcare can be a significant barrier for healthcare facilities, particularly in areas with limited healthcare budgets.

 

Market Segmentation

The Global Collagen Dressing Market share is classified into form, source, and type.

• The gel segment accounted for the largest share of the global collagen dressing market in 2022.       

The global collagen dressing market is categorized by form into gel, pads, powder, sheet, and others. Among these, the gel segment accounted for the largest share of the global collagen dressing market in 2022. The rising number of partial and full-thickness wounds, such as surgical wounds, can be attributed to the segmental dominance. According to a 2020 NCBI study, nearly 310 million surgical cases were performed globally. Similarly, according to the Australian Institute of Health and Welfare, approximately 352,000 admissions involved surgeries, while 2.2 million admissions involved elective surgeries. As a result of the foregoing, the segment is projected to lead the collagen gel market.

      

• The bovine segment accounted for the largest share of the global collagen dressing market in 2022.   

Based on the source, the global collagen dressing market is divided into bovine, equine, and others. Among these, the bovine segment accounted for the largest share of the global collagen dressing market in 2022. The availability of various bovine collagen dressings can be attributed to the segmental dominance. Furthermore, the majority of the companies operate in the bovine collagen dressing segment, increasing product availability. Additionally, these are commonly used as a wound dressing for severe burns, donor site infections, pressure sores, or leg ulcers. As a result, rising cases of such wounds will likely contribute to the expansion of the segment. 

  

• The antimicrobial collagen dressing segment accounted for the largest share of the global collagen dressing market in 2022. 

Based on the type, the global collagen dressing market is divided into antimicrobial collagen dressing, hydrogel collagen dressing, and alginate collagen dressing. Among these, the antimicrobial collagen dressing segment accounted for the largest share of the global collagen dressing market in 2022. The rise in the number of cases of various wound infections can be attributed to the segmental growth. According to an NCBI article, approximately 8.2 million people had infections in their wounds. Similarly, rising surgical site infections are expected to propel the segment even further.  

 

Regional Segment Analysis of the Global Collagen Dressing Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

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 projected to hold a significant share of the global collagen dressing market over the predicted years. The presence of a target population base, such as people with various chronic and acute wounds, can be attributed to the dominance. According to the Inter Mountain Healthcare Organization, approximately 6.5 million people in the United States are living with chronic wounds. Furthermore, as the number of surgical procedures performed increases, so does the number of acute wounds; as a result, the demand for collagen dressing is expected to rise over time.      

 

Asia Pacific is expected to grow at the fastest pace in the global collagen dressing market during the forecast period. The increase in the number of patients suffering from diabetes and related disorders can be attributed to the growth rate. According to diabetes.co.uk, one out of every ten Chinese people is estimated to have diabetes. The growing diabetic population increases the risk of diabetic foot ulcers, and as a result, the use of collagen dressing may increase.   

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global collagen dressing along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• Smith & Nephew
• Paul Hartmann
• Sanara MedTech Inc.
• 3M
• Lohmann & Rauscher
• Derma Rite Industries
• Integra LifeSciences
• Coloplast Corp.
• McKesson Corporation
• Medline Industries
• Johnson & Johnson (Ethicon)
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

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).

 

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, By Region

• 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