Global Medical Grade Collagen Market: Market Driver and Restraint
Applications of Medical Grade Collagen are anticipated to create new business segments in the market. Medical Grade Collagen is in use for a broad range of Hemostats products such as bracket, surgical hemostasis & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Medical Grade Collagen application is developed towards a more active mode.
Manufacturers are exploring the potential of Medical Grade Collagen in Vascular Grafts. Application of Medical Grade Collagen in spine surgery are gaining traction in the recent years. Recently, manufacturers have started using Medical Grade Collagen in the Tissue Scaffolds area. Further, there are also potential uses in the areas of medical cosmetology.
Global Medical Grade Collagen Market: Key Takeaways
· On the one hand, Medical Grade Collagen manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers.
· Besides, they are trying to broaden the applications of Medical Grade Collagen such as Cartilage Repair.
· As major suppliers are seeking acquisition to expand global presence, the market concentration is estimated to increase in the coming 5 years.
Global Medical Grade Collagen Market: Forecast by Nature
This segment includes Collagen Solutions, Collagen Powder, etc. In terms of volume, Collagen Solutions segment is expected to remain dominant in the global Medical Grade Collagen market.
Global Medical Grade Collagen Market: Forecast by Region
North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. North America is the dominant market in the global Medical Grade Collagen market in terms of value. The North America Medical Grade Collagen market was estimated to be valued at US$ 61.94 Mn in 2017 and is expected to expand at a value CAGR of 14.9% over the forecast period. The Europe market is expected to expand at a robust rate of 12.7% in terms of revenue over the forecast period due to the steadily increasing production capacity for bracket products in this region.
Global Medical Grade Collagen Market: Key Players
DSM, Integra LifeSciences, Collagen Matrix, Encoll, Stryker, Collagen Solutions, Innocoll GmbH, Symatese, Shuangmei, Shengchi, Taike Bio, Chuanger, Beidi, etc. are the key vendors included in this report.
The market concentration of Medical Grade Collagen is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 40.00% of sales. DSM Chemical is by far the leader, followed by Integra LifeSciences and Collagen Matrix. Key Vendors like Enroll, Stryker , and Collagen Solutions, also play important part in regional market, so the market share in each region is quite different.
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