Market Size of Collagen Dressings Industry
![Collagen Dressings Market Summary](https://s3.mordorintelligence.com/collagen-dressings-market/1713526459649-collagen-dressings-market-Market-Summary.png)
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.20 Billion |
Market Size (2029) | USD 1.47 Billion |
CAGR (2024 - 2029) | 5.15 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
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Collagen Dressings Market Analysis
The Collagen Dressings Market size is estimated at USD 1.20 billion in 2024, and is expected to reach USD 1.47 billion by 2029, growing at a CAGR of 5.15% during the forecast period (2024-2029).
The rising cases of acute and chronic wounds among individuals and a growing number of surgical procedures worldwide mainly drive the demand for collagen dressings. For instance, according to an article published in the National Center for Biotechnology Information in July 2023, around 18.6 million people worldwide are affected by diabetic foot ulcers yearly, including 1.6 million people in the United States. As per the updated article in May 2023 by Interburns Organization, around 11.0 million people are affected with burns each year. Such a high prevalence of wounds drives the need for effective treatment options, thereby propelling market growth.
Collagen dressings are crucial in managing burns, sores, and ulcers such as diabetic, venous, and pressure ulcers. The cases of diabetic foot ulcer patients are increasing globally owing to the rise in the number of diabetic patients worldwide. For instance, as per the Centers for Disease Control and Prevention report, updated in June 2022, 12.0% of people who have diabetes develop diabetic foot ulcers over their lifetime. Many healthcare professionals use collagen dressing to heal diabetic foot ulcers, which is further anticipated to drive the demand for collagen dressings market in the coming years.
Furthermore, the rise in the elderly population is expected to increase the number of patients suffering from venous leg ulcers, which is anticipated to propel the market for collagen dressings. For instance, according to a research study published in the Journal of Vascular Surgery in November 2022, venous leg ulcers affect 1.0% to 2.0% of the population, with the prevalence increasing by 4.0% for those aged more than 65 years. Additionally, as per the update in February 2023 by Scotland's National Health Information Service, venous leg ulcers are anticipated to affect nearly one in 500 people in the United Kingdom, and the rate is projected to increase with age. The same study stated that one in 50 people over 80 years old were affected with venous leg ulcers in 2022. Thus, these factors have increased the demand for collagen dressings, influencing market growth.
A rise in government initiatives and increased demand for safe treatment options for chronic wounds can create numerous growth opportunities for the market in the next five years. However, the high accessibility to alternative treatment options for collagen dressings, such as foam and hydrocolloid dressings, and the high cost compared to conventional wound dressings may restrain market growth during the forecast period.
Collagen Dressings Industry Segmentation
As per the scope of the report, collagen dressings stimulate wound healing, leading to the growth of new tissues. They are mainly used to heal burns, abrasions, and ulcers. By source, the market is segmented into bovine, porcine, and other sources. The other sources include ovine, equine, avian, and piscine. By form, the market is segmented into gel, powder, sheets, and other forms. The other forms include pads and particles. By application, the market is segmented into acute wounds and chronic wounds. By end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and other end users. The other end users include homecare settings and burn care centers. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the market size and forecasts for the collagen dressings market in 17 countries across major regions. For each segment, the market sizing and forecasts were made on the basis of value (USD).
By Source | |
Bovine | |
Porcine | |
Other Sources |
By Form | |
Gel | |
Powder | |
Sheet | |
Other Forms |
By Application | |
Acute Wounds | |
Chronic Wounds |
By End User | |
Hospitals and Clinics | |
Ambulatory Surgical Centers | |
Other End Users |
By Geography | ||||||||
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Collagen Dressings Market Size Summary
The collagen dressings market is poised for significant growth, driven by the increasing prevalence of acute and chronic wounds, alongside a rising number of surgical procedures globally. The demand for collagen dressings is primarily fueled by the need for effective treatment options for conditions such as diabetic foot ulcers, venous leg ulcers, and pressure ulcers, which are becoming more common due to the growing diabetic and elderly populations. The market is further bolstered by government initiatives and the demand for safe treatment alternatives for chronic wounds. However, the market faces challenges from the availability of alternative treatments and the higher cost of collagen dressings compared to conventional options.
The bovine collagen dressings segment is expected to experience rapid growth, supported by the widespread use of these products in managing various types of wounds, including pressure, diabetic, and venous ulcers. The segment's expansion is also attributed to the increasing number of surgical procedures worldwide, where bovine collagen dressings are utilized for wound healing. New product launches and strategic initiatives by key players, such as conferences and exhibitions, are enhancing product availability and awareness. North America holds a significant share of the market, driven by regulatory approvals, a robust healthcare sector, and high diabetes prevalence, which contributes to the demand for collagen dressings. The market's competitive landscape is characterized by major players investing in research and development, forming strategic partnerships, and expanding their product portfolios through acquisitions, further propelling market growth.
Collagen Dressings Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Incidence of Acute and Chronic Wounds Among Population
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1.2.2 R&D Activities and Technological Advancements in Collagen Dressing Products
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1.2.3 Growing Number of Surgical Procedures Worldwide
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1.3 Market Restraints
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1.3.1 Availability of Alternative Treatment Options for Collagen Dressings
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Source
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2.1.1 Bovine
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2.1.2 Porcine
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2.1.3 Other Sources
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2.2 By Form
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2.2.1 Gel
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2.2.2 Powder
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2.2.3 Sheet
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2.2.4 Other Forms
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2.3 By Application
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2.3.1 Acute Wounds
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2.3.2 Chronic Wounds
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2.4 By End User
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2.4.1 Hospitals and Clinics
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2.4.2 Ambulatory Surgical Centers
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2.4.3 Other End Users
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2.5 By Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Mexico
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2.5.2 Europe
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2.5.2.1 Germany
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2.5.2.2 United Kingdom
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2.5.2.3 France
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2.5.2.4 Italy
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2.5.2.5 Spain
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2.5.2.6 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 China
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2.5.3.2 Japan
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2.5.3.3 India
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2.5.3.4 Australia
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2.5.3.5 South Korea
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2.5.3.6 Rest of Asia-Pacific
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2.5.4 Middle East and Africa
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2.5.4.1 GCC
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2.5.4.2 South Africa
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2.5.4.3 Rest of Middle East and Africa
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2.5.5 South America
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2.5.5.1 Brazil
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2.5.5.2 Argentina
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2.5.5.3 Rest of South America
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Collagen Dressings Market Size FAQs
How big is the Collagen Dressings Market?
The Collagen Dressings Market size is expected to reach USD 1.20 billion in 2024 and grow at a CAGR of 5.15% to reach USD 1.47 billion by 2029.
What is the current Collagen Dressings Market size?
In 2024, the Collagen Dressings Market size is expected to reach USD 1.20 billion.