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Global Bovine-based Collagen for Biomedical Applications Market accounted for US$ 0.77 billion in 2020 and is estimated to be US$ 1.80 billion by 2030 and is anticipated to register a CAGR of 9.0%. Collagen is a protein present only in animals, specifically in mammalian connective tissues and skin. Because of its capacity to aid in skin firming and elasticity maintenance, collagen is gaining popularity. Collagen is primarily taken from bovine, porcine, chicken, marine, and other sources, with bovine representing the most important source, accounting for about 40% of the overall collagen market. Collagen is abundant in the skin, as well as tendons, cartilages, corneas, blood vessels, and bones.
The report " Global Bovine-based Collagen for Biomedical Applications Market, By Type (Bone Graft Substitutes, Cartilage Repairs, Collagen-based Scaffolds, Hemostats, Skin Substitutes, and Wound Dressings), By Application (Hospitals and Ambulatory Surgical Centers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029’’
Key Highlights:
In June 2021, The US Food and Drug Administration (FDA) approved StrataGraft (allogeneic cultured keratinocytes and dermal fibroblasts in murine collagen – dsat) for the treatment of people with thermal burns who need surgical intervention but have intact dermal elements (deep partial-thickness burns).
Analyst View:
According to consistent R&D endeavors in regenerative medicine and wound healing, the market for bovine-based collagen for biomedical applications will grow at a high rate in the next years. The increasing demand for bovine-based collagen in biomedical applications to treat various medical ailments such as arthritis, osteoporosis, and enhancing skin health is a major driver contributing to the market's growth. The risk of disease transmission from bovine collagen sources to humans is one of the major stumbling blocks. Furthermore, the global bovine-based collagen for biomedical applications market is predicted to develop slowly in the approaching years due to the influence of diverse cultural or religious views.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Bovine-based Collagen for Biomedical Applications Market, By Type (Bone Graft Substitutes, Cartilage Repairs, Collagen-based Scaffolds, Hemostats, Skin Substitutes, and Wound Dressings), By Application (Hospitals and Ambulatory Surgical Centers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029”
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Key Market Insights from the report:
Global Bovine-based Collagen for Biomedical Applications Market accounted for US$ 0.77 billion in 2020 and is estimated to be US$ 1.80 billion by 2030 and is anticipated to register a CAGR of 9.0%. Global Bovine-based collagen for biomedical applications market is segmented into type, application and region.
Based on Type, the Global Bovine-based collagen for biomedical applications Market is segmented into the Bone Graft Substitutes, Cartilage Repairs, Collagen-based Scaffolds, Hemostats, Skin Substitutes, and Wound Dressings.
Based on Application, the Global Bovine-based collagen for biomedical applications Market is segmented into the Hospitals and Ambulatory Surgical Centers.
By Region, the Global Bovine-based collagen for biomedical applications Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market is expected to show a great promising the coming years of the forecast period.
Competitive Landscape & their strategies of Bovine-based collagen for biomedical applications Market:
The key players in the global Bovine-based collagen for biomedical applications market includes BBI Solutions, Ltd., Symatese Group, Gurnet Point Capital, Viscofan Bioengineering, Collagen Solutions LLP, Botiss biomaterials GmbH, Medtronic, Inc., Taxus Cardium, KYERON Medical Innovations and Collagen Matrix, Inc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Market Purview
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Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
DR Impact Analysis
PEST Analysis
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Market Estimation
Top-Down Approach
Approach for estimating Market Share by Top-Down Analysis (Supply Side)
Bottom-Up Approach
Approach for estimating market share by Bottom-up Analysis (Demand Side)
Market Breakdown and Data Triangulation
Research Assumptions
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