Research in Expanding Biomedical Applications to Bolster Uptake of Collagen Products

Collagen is one of the most widely used biomaterials and is the most abundant tissue in nature. The use of collagen in a number of industrial and biomedical applications has gained traction in recent years. Collagens are used in a vast range of biomedical applications such as drug delivery systems, tissue engineering, wound healing, and a variety of dental and orthopedic surgeries. The myriad biomedical applications are stimulated by their amazing biocompatibility and remarkable safety attributable to unique medical characteristics such as biodegradability and weak antigenicity. 

Rising applications of collagen in various fields such as medicine and biotechnology, and in the cosmetic and pharmaceutical industries are positively impacting the growth of the collagen market over the forecast period. The most commonly used collagen are made from bovine and porcine tissues. The global collagen market is forecast to expand at a CAGR of 9.4% during 2015–2023 and reach a value of US$9.37 bn by the end of the forecast period.

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Which are the factors likely to stimulate investments in the commercialization of collagen? 

The soaring popularity of minimally-invasive surgeries or non-invasive surgeries has spurred the demand for collagen for various reconstructive surgeries. The emerging demand for marine collagen is driven by fewer side effects and is expected to stimulate investments in this segment. The market for marine collagen is anticipated to rise at the highest CAGR of 11.6% during 2015 – 2023, in terms of volume. In addition, the increasing adoption of collagen in a wide spectrum of tissue engineering applications such as bone substitutes, artificial blood vessels, and valves has led several companies in making substantial R&D investments. 

Recent development activities focused on enhancing the efficacy of collagen products in drug delivery systems has led to newer ophthalmic applications as collagen shields and as sponges for various traumatic wounds. These factors are expected to catalyze several commercial initiatives by emerging and established players.

In addition, collagen is used in various scientific researches in studying cell culture, which is useful for therapeutic and diagnostic applications. A team of researchers from the University of Utah revealed in March, 2017 that collagen damage at the molecular level may signal an alert of an impending tissue damage and significant pain. The finding was declared in a medical release and can be useful in avoiding the total damage of tissues that may be forthcoming. The scientists believed that these findings can be helpful for athletes by facilitating their training and rehabilitation process. 

Which are the regions projected to offer lucrative market avenues? 

Currently North America and Europe are the leading regional markets and accounted for a combined market share of more than 60% in 2014. The substantial growth of the market is attributed to robust manufacturing capabilities, increased R&D spending by leading players, and its burgeoning use in newer biomedical applications.  

Meanwhile, a substantial demand for collagen is expected to come from Asia Pacific. Rapidly growing geriatric population in the region, especially in developing and developed nations, and the rising awareness of the advantages of collagen for various wound healing and tissue engineering applications have bolstered the uptake of collagen. In addition, intensive government support to increase awareness of the health benefits of collagen and constant technological in manufacturing processes are crucial factors fuelling the demand for collagen in Asia Pacific. The regional market is anticipated to expand at the highest CAGR of 10.7% from 2015 to 2023. 

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