What is Bovine-based Collagen for Biomedical Applications Market Scope?
Bovine collagen is a protein found naturally in cow connective tissue, bones, cartilage, and hides. Collagen supplements in stores are typically derived from cowhides. Collagen comes in a variety of forms, each with its own set of amino acids. Cow collagen is structurally similar to collagen found in our own bodies. There are three types of collagen: Type I, Type II, and Type III, which comprise about 90% of all the collagen in the human body, and bovine collagen supplements typically contain Type I and Type III. According to the FDA, bovine collagen is just as safe as collagen from other sources. Bovine collagen is less expensive and more widely available on the market. As a result, many people who are concerned about their health and appearance prefer bovine collagen. It is also an excellent choice for those who are allergic to shellfish and cannot consume marine collagen.
The Bovine-based Collagen for Biomedical Applications market study is being classified, by Application (Bone Graft Substitutes, Collagen-based Scaffolds, Hemostats, Skin Substitutes, Cartilage Repairs and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Bovine-based Collagen for Biomedical Applications market throughout the predicted period.
BBI Solutions (United Kingdom), Symatese (France), Gurnet Point Capital(United States), Collagen Solutions LLP(United Kingdom), Botiss biomaterials GmbH (Germany), Medtronic (Ireland), Taxus Cardium (United States), KYERON (India), Collagen Matrix, Inc (United States) and FOODMATE CO., LTD. (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Weishardt (France), Nitta Gelatin Inc.(Japan) and LAPI GELATINE S.p.a.(Italy).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Bovine-based Collagen for Biomedical Applications market by Type, Application and Region.
On the basis of geography, the market of Bovine-based Collagen for Biomedical Applications has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Ongoing r&d for the development of wound healing & regenerative medicines
Market Drivers
- Increasing demand for bovine-based collagen in biomedical applications to treat various medical conditions like arthritis, osteoporosis, and improving skin health.
Opportunities
- The aging of populations worldwide will be responsible for a major increase in the incidence of osteoporosis in postmenopausal women and indirectly boosting the market growth.
- Growth in interest and demand for collagen-based products that are obtained through various animal sources
Restraints
- The high risk of disease transmission
Challenges
- Lack of knowledge regarding the benefits of the bovine Collagen
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Bovine-based Collagen for Biomedical Applications Providers, Government Regulatory and Research Organizations and End-Use Industry
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