Market Analysis and Insights: Global Collagen Sponge Market
Collagen sponge is a commonly used as medical consumable in surgery. It can act as a filler, stop bleeding quickly, prevent adhesion, accelerate wound healing and reduce postoperative complications.In neurosurgery, orthopedics, gynecology, general surgery, operating room, etc.
Medical collagen sponge is made of bovine or pig collagen, which is white spongy solid and sterilized by cobalt-60 radiation.Collagen sponge is suitable for surgical residual cavity filling, wound hemostasis, promote wound healing.There are 2 main types of collagen sponge products: cow source, pig source.In 2017, the market share reached 85.5 percent. In Chinese market, the market share of bovine collagen sponge is higher than the global average.
Due to the COVID-19 pandemic, the global Collagen Sponge market size is estimated to be worth US$ 245.7 million in 2022 and is forecast to a readjusted size of US$ 352.5 million by 2028 with a CAGR of 6.2% during the review period. Fully considering the economic change by this health crisis, Cattle as Main Source accounting for % of the Collagen Sponge global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Bleeding segment is altered to an % CAGR throughout this forecast period.
Global Collagen Sponge key players include Johnson & Johnson, BD (C R Bard), Integra Life Sciences, etc. Global top three manufacturers hold a share over 40%.
North America is the largest market, with a share over 45%, followed by China, and Europe, both have a share over 35 percent.
In terms of product, Pig as Main Source is the largest segment, with a share about 85%. And in terms of application, the largest application is Bleeding, followed by Repair, Fill, etc.
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Segment by Type
Cattle as Main Source
Pig as Main Source
Segment by Application
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Collagen Sponge market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
Middle East & Africa
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Johnson & Johnson
BD (C R Bard)
Integra Life Sciences
Shanghai Haohai Biological Technology Co. Ltd.
Wuxi Biot Biology Technology Co.,Ltd
Guangzhou Trauer Biotechnology Co., Ltd
Beijing Yierkang Bioengineering Company Limited