High Adoption for Wound Healing and Matrix of Biological Tissues to Aid Market Growth
Technological advancements coupled with research and development activities have consistently played a key role in the development of new treatments and therapies within the healthcare sector. Over the past couple of decades, wound care management and various stages of the process such as proliferation, inflammation, and maturation have evolved at a rapid pace. Wound care management techniques have taken significant strides over the past few years, as an emphasis on the development of new products such as collagen dressings to treat skin lesions continues to grow. At present, traditional dressing techniques are gradually being replaced by the relatively new existing wound care alternatives due to which, the demand for collagen dressings is likely to witness considerable growth during the forecast period.
At present, animal-based wound care dressings, including collagen dressings, are garnering considerable popularity across the world. Although high production costs and complexities involved while storing collaged dressings could hinder the prospects of the collagen dressings market, the demand is expected to grow, owing to the functional and biological properties of these products. Collagen dressings are increasingly being used for wound healing and matrix of biological tissues. Recent advancements in biomaterial sciences coupled with the growing demand for effective wound care management have at the way for animal-based collagen dressings. At the back of these factors, the global collagen dressings market is expected to attain a market value of ~US$ 2 Bn by the end of 2030.
Exceptional Biological Properties of Collagen Dressings to Fuel Collagen Dressings Market Growth
The last few years within the wound care management space have witnessed a considerable rise in research activities, testing of new wound care management techniques or procedures, and increasing use of animal-based dressing materials. The multifunctional collagen dressings have garnered considerable popularity over the past decade and the trend is set to continue over the upcoming years due to the desired and optimal functional properties of collagen dressings.
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The demand for collagen dressings is projected to grow during the assessment period due to a range of factors such as superior absorption rates compared to the medical gauze and higher hemostatic ability in comparison with the control gauze. The adoption of collagen dressings is further expected to grow, as animal-based dressings are highly compatible with platelets and hemocytes. Multiple studies have revealed that non-fibers developed by deploying the electrospinning technique offer immense scope in tissue engineering applications. Recent advancements in biomaterial sciences pertaining to the production of collagen dressings have played an imperative role in improving the overall efficacy. This is likely to drive the collagen dressings market.
The recent progress in the collagen dressings market has created new avenues to explore for the participants involved in the current collagen dressings market landscape. The current generation of collagen dressing alternatives offer greater enzymatic stability at the macroscopic level, regulate the chronic wound microenvironment at the biochemical level, and offer room for customization to enable treatment of a wide range of chronic wounds. At present, a range of collagen dressings derived from porcine and bovine collagens are being used across hospitals and clinics worldwide.
Healthcare Sector Vigilant Due to COVID-19, Focus on Wound Care Management on Back Foot
As the COVID-19 pandemic continues to disrupt industrial sectors across the world, the healthcare systems are increasingly burdened due to the exponential growth in the number of new COVID-19 cases. At present, preventing the transmission of the novel COVID-19 infection continues to remain the focal point due to which, new policies and guidelines are primarily aimed at diverting resources for COVID-19 treatment. The demand for collagen dressings is likely to decline during the first half of 2020, as the hospitals continue to sideline outpatient resources that assist in chronic wound management.
Although chronic wounds could lead to severe complications, chronic wound treatment has not attained the specialty status from the concerned medical bodies – another factor that is expected to hinder the prospects of the collagen dressings market. While the demand is likely to remain sluggish in 2020, the market is expected to make a strong recovery from 2021 onwards.
Analysts’ Viewpoint
The global collagen dressings market is expected to grow at a moderate CAGR of ~5% despite going through a sluggish period in 2020. The market growth can be largely attributed to a host of factors, including rise in the number of chronic wound injuries worldwide, advancements in biomaterial sciences, growing popularity of animal-based collagen dressing solutions, and consistent rise in the number of research and development activities. Although the demand for collagen dressings is likely to take a hit during 2020 due to the COVID-19 pandemic, the demand will start to move up the curve from the first half of 2021.
Collagen Dressings Market: Overview
This report analyzes current and future prospects of the global collagen dressings market. Rise in demand for wound care products, increase in number of road accidents and traumatic injuries, rise in awareness about wound care, and increase in the number of surgeries are key factors expected to fuel the growth of the global collagen dressings market during the forecast period.
The report provides an elaborate executive summary, which comprises a snapshot of various segments of the global collagen dressings market. The report also provides information and data analysis of the global collagen dressings market with regards to segments based on dressing type, source, application, end user, and region.
The overview section of the report provides detailed qualitative analysis of drivers and restraints impacting the global collagen dressings market, along with opportunities in the global collagen dressings market
Additionally, the global collagen dressings market report includes company profiles and competitive matrix, which provide data about their businesses, product portfolios, and competitive landscape in the global collagen dressings market
The report includes data analysis on the collagen dressings market attractiveness by region and segments
The last section of the report provides quantitative and qualitative analysis on market share of key players operating in the global collagen dressings market. It elaborates the key competitive strategies adopted by the major industry players, thereby presenting a thorough understanding of the competitive scenario in the global collagen dressings market.
Collagen Dressings Market: Key Segments
In terms of dressing type, the global collagen dressings market has been segmented into antimicrobial collagen dressings, alginate collagen dressings, hydrogel collagen dressings, native collagen dressings, and others. The antimicrobial collagen dressings segment held major share of the global collagen dressings market in 2019.
In terms of source, the global collagen dressings market has been classified into bovine, porcine, avian, equine, and others. The bovine segment is likely to dominate the global collagen dressings market during the forecast period.
Based on application, the global collagen dressings market has been divided into acute wounds and chronic wounds. The acute wounds segment is further classified as surgical wounds and burns. The chronic wounds segment is further bifurcated into ulcers and ischemic and infectious wounds. The ulcers and ischemic sub-segment is further divided as diabetic foot ulcers, pressure ulcers, venous leg ulcers, and others.
In terms of end user, the global collagen dressings market has been categorized into hospitals, clinics, ambulatory surgical centers, and others. The hospitals segment is projected to dominate the global collagen dressings market during the forecast period.
The market size and forecast for each of these segments have been provided from 2018 to 2030. The CAGRs of respective segments have also been provided for the forecast period from 2020 to 2030, considering 2019 as the base year.
Collagen Dressings Market: Regional Outlook
In terms of region, the global collagen dressings market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa)
The report provides market size and forecast for each region and country/sub-region from 2018 to 2030. Compound annual growth rates (CAGRs) of each of these regions and countries have also been provided for the forecast period from 2020 to 2030, considering 2019 as the base year. The collagen dressings market study also covers the competitive scenario in these regions.
Companies Profiled in Report
Key players in the global collagen dressings market have been profiled based on main aspects such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
Major companies profiled in the global collagen dressings market report are
Key Questions Answered in Collagen Dressings Market Report
Collagen Dressings Market - Segmentation
Dressing Type
Source
Application
End User
Region
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary : Global Collagen Dressings Market
4. Market Overview
4.1. Introduction
4.1.1. Global Collagen Dressings Market
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Collagen Dressings Market Analysis and Forecast, 2018–2030
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. COVID-19 Pandemics Impact on Industry (Value Chain and Short / Mid / Long Term Impact)
5.2. Key Industry Events (Mergers, Collaborations, Acquisitions, Product Approval & Launch, Expansions, etc.)
5.3. Technological Advancements
6. Global Collagen Dressings Market Analysis and Forecast, by Dressing Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Dressing Type, 2018–2030
6.3.1. Antimicrobial Collagen Dressings
6.3.2. Alginate Collagen Dressings
6.3.3. Hydrogel Collagen Dressings
6.3.4. Native Collagen Dressings
6.3.5. Others
6.4. Market Attractiveness, by Dressing Type
7. Global Collagen Dressings Market Analysis and Forecast, by Source
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Source, 2018–2030
7.3.1. Bovine
7.3.2. Porcine
7.3.3. Avian
7.3.4. Equine
7.3.5. Others
7.4. Market Attractiveness, by Source
8. Global Collagen Dressings Market Analysis and Forecast, by Application
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value Forecast, by Application, 2018–2030
8.3.1. Acute Wounds
8.3.1.1. Surgical Wounds
8.3.1.2. Burns
8.3.2. Chronic Wounds
8.3.2.1. Ulcers and Ischemic
8.3.2.1.1. Diabetic Foot Ulcers
8.3.2.1.2. Pressure Ulcers
8.3.2.1.3. Venous Leg Ulcers
8.3.2.1.4. Others
8.3.2.2. Infectious Wounds
8.4. Market Attractiveness, by Application
9. Global Collagen Dressings Market Analysis and Forecast, by End-user
9.1. Introduction & Definition
9.2. Key Findings / Developments
9.3. Market Value Forecast, by End-user, 2018–2030
9.3.1. Hospitals
9.3.2. Clinics
9.3.3. Ambulatory Surgical Centers
9.3.4. Others
9.4. Market Attractiveness, by End-user
10. Global Collagen Dressings Market Analysis and Forecast, by Region
10.1. Key Findings
10.2. Market Value Forecast, by Region
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Latin America
10.2.5. Middle East & Africa
10.3. Market Attractiveness, by Country/Region
11. North America Collagen Dressings Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Dressing Type, 2018–2030
11.2.1. Antimicrobial Collagen Dressings
11.2.2. Alginate Collagen Dressings
11.2.3. Hydrogel Collagen Dressings
11.2.4. Native Collagen Dressings
11.2.5. Others
11.3. Market Value Forecast, by Source, 2018–2030
11.3.1. Bovine
11.3.2. Porcine
11.3.3. Avian
11.3.4. Equine
11.3.5. Others
11.4. Market Value Forecast, by Application, 2018–2030
11.4.1. Acute Wounds
11.4.1.1. Surgical Wounds
11.4.1.2. Burns
11.4.2. Chronic Wounds
11.4.2.1. Ulcers and Ischemic
11.4.2.1.1. Diabetic Foot Ulcers
11.4.2.1.2. Pressure Ulcers
11.4.2.1.3. Venous Leg Ulcers
11.4.2.1.4. Others
11.4.2.2. Infectious Wounds
11.5. Market Value Forecast, by End-user, 2018–2030
11.5.1. Hospitals
11.5.2. Clinics
11.5.3. Ambulatory Surgical Centers
11.5.4. Others
11.6. Market Value Forecast, by Country, 2018–2030
11.6.1. U.S.
11.6.2. Canada
11.7. Market Attractiveness Analysis
11.7.1. By Dressing Type
11.7.2. By Source
11.7.3. By Application
11.7.4. By End-user
11.7.5. By Country
12. Europe Collagen Dressings Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Dressing Type, 2018–2030
12.2.1. Antimicrobial Collagen Dressings
12.2.2. Alginate Collagen Dressings
12.2.3. Hydrogel Collagen Dressings
12.2.4. Native Collagen Dressings
12.2.5. Others
12.3. Market Value Forecast, by Source, 2018–2030
12.3.1. Bovine
12.3.2. Porcine
12.3.3. Avian
12.3.4. Equine
12.3.5. Others
12.4. Market Value Forecast, by Application, 2018–2030
12.4.1. Acute Wounds
12.4.1.1. Surgical Wounds
12.4.1.2. Burns
12.4.2. Chronic Wounds
12.4.2.1. Ulcers and Ischemic
12.4.2.1.1. Diabetic Foot Ulcers
12.4.2.1.2. Pressure Ulcers
12.4.2.1.3. Venous Leg Ulcers
12.4.2.1.4. Others
12.4.2.2. Infectious Wounds
12.5. Market Value Forecast, by End-user, 2018–2030
12.5.1. Hospitals
12.5.2. Clinics
12.5.3. Ambulatory Surgical Centers
12.5.4. Others
12.6. Market Value Forecast, by Country/Sub-Region, 2018–2030
12.6.1. Germany
12.6.2. U.K.
12.6.3. France
12.6.4. Spain
12.6.5. Italy
12.6.6. Rest of Europe
12.7. Market Attractiveness Analysis
12.7.1. By Dressing Type
12.7.2. By Source
12.7.3. By Application
12.7.4. By End-user
12.7.5. By Country/Sub-Region
13. Asia Pacific Collagen Dressings Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Dressing Type, 2018–2030
13.2.1. Antimicrobial Collagen Dressings
13.2.2. Alginate Collagen Dressings
13.2.3. Hydrogel Collagen Dressings
13.2.4. Native Collagen Dressings
13.2.5. Others
13.3. Market Value Forecast, by Source, 2018–2030
13.3.1. Bovine
13.3.2. Porcine
13.3.3. Avian
13.3.4. Equine
13.3.5. Others
13.4. Market Value Forecast, by Application, 2018–2030
13.4.1. Acute Wounds
13.4.1.1. Surgical Wounds
13.4.1.2. Burns
13.4.2. Chronic Wounds
13.4.2.1. Ulcers and Ischemic
13.4.2.1.1. Diabetic Foot Ulcers
13.4.2.1.2. Pressure Ulcers
13.4.2.1.3. Venous Leg Ulcers
13.4.2.1.4. Others
13.4.2.2. Infectious Wounds
13.5. Market Value Forecast, by End-user, 2018–2030
13.5.1. Hospitals
13.5.2. Clinics
13.5.3. Ambulatory Surgical Centers
13.5.4. Others
13.6. Market Value Forecast, by Country/Sub-Region, 2018–2030
13.6.1. China
13.6.2. Japan
13.6.3. India
13.6.4. Australia & New Zealand
13.6.5. Rest of Asia Pacific
13.7. Market Attractiveness Analysis
13.7.1. By Dressing Type
13.7.2. By Source
13.7.3. By Application
13.7.4. By End-user
13.7.5. By Country/Sub-Region
14. Latin America Collagen Dressings Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value Forecast, by Dressing Type, 2018–2030
14.2.1. Antimicrobial Collagen Dressings
14.2.2. Alginate Collagen Dressings
14.2.3. Hydrogel Collagen Dressings
14.2.4. Native Collagen Dressings
14.2.5. Others
14.3. Market Value Forecast, by Source, 2018–2030
14.3.1. Bovine
14.3.2. Porcine
14.3.3. Avian
14.3.4. Equine
14.3.5. Others
14.4. Market Value Forecast, by Application, 2018–2030
14.4.1. Acute Wounds
14.4.1.1. Surgical Wounds
14.4.1.2. Burns
14.4.2. Chronic Wounds
14.4.2.1. Ulcers and Ischemic
14.4.2.1.1. Diabetic Foot Ulcers
14.4.2.1.2. Pressure Ulcers
14.4.2.1.3. Venous Leg Ulcers
14.4.2.1.4. Others
14.4.2.2. Infectious Wounds
14.5. Market Value Forecast, by End-user, 2018–2030
14.5.1. Hospitals
14.5.2. Clinics
14.5.3. Ambulatory Surgical Centers
14.5.4. Others
14.6. Market Value Forecast, by Country/Sub-Region, 2018–2030
14.6.1. Brazil
14.6.2. Mexico
14.6.3. Rest of Latin America
14.7. Market Attractiveness Analysis
14.7.1. By Dressing Type
14.7.2. By Source
14.7.3. By Application
14.7.4. By End-user
14.7.5. By Country/Sub-Region
15. Middle East & Africa Collagen Dressings Market Analysis and Forecast
15.1. Introduction
15.1.1. Key Findings
15.2. Market Value Forecast, by Dressing Type, 2018–2030
15.2.1. Antimicrobial Collagen Dressings
15.2.2. Alginate Collagen Dressings
15.2.3. Hydrogel Collagen Dressings
15.2.4. Native Collagen Dressings
15.2.5. Others
15.3. Market Value Forecast, by Source, 2018–2030
15.3.1. Bovine
15.3.2. Porcine
15.3.3. Avian
15.3.4. Equine
15.3.5. Others
15.4. Market Value Forecast, by Application, 2018–2030
15.4.1. Acute Wounds
15.4.1.1. Surgical Wounds
15.4.1.2. Burns
15.4.2. Chronic Wounds
15.4.2.1. Ulcers and Ischemic
15.4.2.1.1. Diabetic Foot Ulcers
15.4.2.1.2. Pressure Ulcers
15.4.2.1.3. Venous Leg Ulcers
15.4.2.1.4. Others
15.4.2.2. Infectious Wounds
15.5. Market Value Forecast, by End-user, 2018–2030
15.5.1. Hospitals
15.5.2. Clinics
15.5.3. Ambulatory Surgical Centers
15.5.4. Others
15.6. Market Value Forecast, by Country/Sub-Region, 2018–2030
15.6.1. GCC Countries
15.6.2. South Africa
15.6.3. Rest of Middle East & Africa
15.7. Market Attractiveness Analysis
15.7.1. By Dressing Type
15.7.2. By Source
15.7.3. By Application
15.7.4. By End-user
15.7.5. By Country/Sub-Region
16. Competition Landscape
16.1. Market Player – Competition Matrix (by Tier and Size of companies)
16.2. Market Share Analysis, by Company (2019)
16.3. Company Profiles
16.3.1. Smith & Nephew
16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.1.2. Growth Strategies
16.3.1.3. SWOT Analysis
16.3.2. 3M
16.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.2.2. Growth Strategies
16.3.2.3. SWOT Analysis
16.3.3. Integra Lifesciences Corporation
16.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.3.2. Growth Strategies
16.3.3.3. SWOT Analysis
16.3.4. Coloplast Corporation
16.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.4.2. Growth Strategies
16.3.4.3. SWOT Analysis
16.3.5. Organogenesis Inc.
16.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.5.2. Growth Strategies
16.3.5.3. SWOT Analysis
16.3.6. Hollister Incorporated
16.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.6.2. Growth Strategies
16.3.6.3. SWOT Analysis
16.3.7. BSN Medical
16.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.7.2. Growth Strategies
16.3.7.3. SWOT Analysis
16.3.8. Angelini S.p.a
16.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.8.2. Growth Strategies
16.3.8.3. SWOT Analysis
16.3.9. Medline Industries, Inc.
16.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.9.2. Growth Strategies
16.3.9.3. SWOT Analysis
16.3.10. DermaRite Industries LLC
16.3.10.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.10.2. Growth Strategies
16.3.10.3. SWOT Analysis
16.3.11. Covalon Technologies Ltd.
16.3.11.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.11.2. Growth Strategies
16.3.11.3. SWOT Analysis
16.3.12. Human BioSciences
16.3.12.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.12.2. Growth Strategies
16.3.12.3. SWOT Analysis