New York, United States , July 31, 2024 (GLOBE NEWSWIRE) -- The Global Tissue-Engineered Collagen Biomaterials Market Size is Expected to Grow from USD 2.54 Billion in 2023 to USD 6.71 Billion by 2033, at a CAGR of 10.20% during the forecast period 2023-2033.
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Tissue-engineered collagen biomaterials are constructed in the lab by combining collagen, a major protein found in connective tissues, with other biomaterials and cells. These biomaterials are intended to resemble natural tissues or to serve as scaffolds for tissue regeneration. They are commonly utilized in biomedical applications that need natural tissue repair or replacement, including as wound healing, reconstructive surgery, or regenerative medicine. The market for tissue-engineered collagen biomaterials is expanding rapidly due to its high biocompatibility and bioactivity, which are critical for tissue regeneration and repair in a variety of medical applications. These biomaterials are widely employed in regenerative medicine to repair wounds, bone deformities, and cartilage injuries, taking advantage of collagen's intrinsic similarity to the body's extracellular matrix (ECM). Manufacturing improvements, including 3D printing and electrospinning, are improving their mechanical properties and functionality, thus increasing their clinical usefulness. However, the tissue-engineered collagen biomaterials market has many significant restraining constraints that restrict its growth, including high production costs associated with advanced manufacturing techniques and regulatory compliance, which limit general accessibility, especially in economic countries.
Browse key industry insights spread across 230 pages with 90 Market data tables and figures & charts from the report on the "Global Tissue-Engineered Collagen Biomaterials Market Size, Share, and COVID-19 Impact Analysis, By Source (Bovine, Porcine, Marine, Chicken, and Others), By Application (Orthopedic, Wound Care, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The bovine segment is predicted to hold the largest market share through the forecast period.
Based on the source, the tissue-engineered collagen biomaterials market is classified into bovine, porcine, marine, chicken, and others. Among these, the bovine segment is predicted to hold the largest market share through the forecast period. Bovine collagen is commonly used in biomedical applications because it is structurally comparable to human collagen, which improves biocompatibility and decreases immunological response.
The wound care segment is anticipated to hold the highest market share during the projected timeframe.
Based on the application, the tissue-engineered collagen biomaterials market is divided into orthopedic, wound care, and others. Among these, the wound care segment is anticipated to hold the highest market share during the projected timeframe. This dominance is driven by collagen's versatility in controlling chronic wounds, facilitating healing, and providing excellent scaffolding for tissue regeneration. Technological improvements in collagen-based wound care products, together with regulatory approvals that improve product reliability, fuel global market expansion.
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North America is estimated to hold the largest share of the tissue-engineered collagen biomaterials market over the forecast period.
North America is estimated to hold the largest share of the tissue-engineered collagen biomaterials market over the forecast period. Several factors contributed to the region's worldwide dominance. Firstly, the region has a strong healthcare infrastructure and superior research skills, which promotes biomaterials innovation and development. Furthermore, strict regulatory frameworks assure high levels of product safety and efficacy, building trust in collagen-based medicines among healthcare practitioners and patients.
Asia Pacific is predicted to have the highest CAGR growth in the tissue-engineered collagen biomaterials market over the forecast period. This expansion is being driven by rising healthcare spending, expanded healthcare infrastructure, and a growing elderly population in the region. Technological breakthroughs in biotechnology and tissue engineering, particularly in nations like Japan, South Korea, China, and India, facilitate the development and acceptance of novel collagen-based therapeutics.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market 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. Major key players in the tissue-engineered collagen biomaterials market include Collagen Matrix Inc., Medtronic Plc, Advanced BioMatrix Inc., Collagen Solutions Plc, CollPlant Ltd., Fraunhofer-Gesellschaft, GENOSS Co., Ltd., Maxigen Biotech Inc., Nippi, EternoGen, KYERON BV, Botiss Biomaterial, Cologenesis Healthcare Pvt Ltd., and Others.
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Recent Developments
- In January 2023, Essent Biologics, a top producer of human-derived cell and scaffold materials, introduced Human Native Tissue-Derived Type I Atelocollagen to the cell and tissue engineering industry.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the tissue-engineered collagen biomaterials market based on the below-mentioned segments:
Global Tissue-Engineered Collagen Biomaterials Market, By Source
- Bovine
- Porcine
- Marine
- Chicken
- Others
Global Tissue-Engineered Collagen Biomaterials Market, By Application
- Orthopedic
- Wound Care
- Others
Global Tissue-Engineered Collagen Biomaterials Market, By 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 the Middle East & Africa
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