Collagen Dressings Market Size (2024 - 2029)

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).