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With a Robust CAGR of 10.4%, Global Tissue Engineered Collagen Biomaterials Market to Reach US$ 5.4 Bn in 2025

Press release Description

Albany, New York, September 21, 2017:Tissue Engineered Collagen Biomaterials Market: Global Industry Analysis and Forecast (2017-2025)” is the latest report that has been added to the database of Market Research Reports Search Engine. According to this report, fiercely competitive companies functioning in the global tissue engineered collagen biomaterials market are frequently adopting strategies like acquisitions, partnerships and mergers in a bid to grow their share in the global market. Growing R&D activities in regenerative medicine and increasing use of collagen as a substitute for bone are two major factors that are contributing in boosting the growth of the global tissue engineered collagen biomaterials market. With a robust growth rate of 10.4% from 2017 to 2025, the worldwide market for tissue engineered collagen biomaterials is expected to be valued at US$ 5.4 Bn in the year 2025.

Global Tissue Engineered Collagen Biomaterials Market: Growth Drivers

  • Escalating aging population and rising occurrence of diseases are driving the global market
  • Growth in products that are based on collagen due to improving and growing research activities in an attempt to develop exclusive solutions for tissue engineering is another growth fueling factor
  • Increasing applications of collagen across several industries and solid development in manufacturing infrastructure are the other factors that are boosting revenue growth of the global tissue engineered collagen biomaterials market

Global Tissue Engineered Collagen Biomaterials Market: Segmental Analysis

This market is segmented by source and by application. On the basis of source, the market is segmented into chicken, porcine, bovine, marine, and others. Application segment includes wound care, orthopedic, and others. At present, the orthopedic segment is leading the market by capturing maximum revenue share. This is mainly due to several applications in tendon, bone and ligament injuries that utilize collagen. The segment of wound care is lagging behind in terms of market share; however, it is expected to record healthy development in the years to come.

Global Tissue Engineered Collagen Biomaterials Market: Regional Forecast and Analysis

North America is expected to lead the global market for tissue engineered collagen biomaterials during the period of assessment. On the other hand, APAC is expected to surge ahead of all regions by recording a healthy CAGR of 11.1% between 2017 and 2025. The North America regional market for tissue engineered collagen biomaterials is likely to be valued at US$ 17 Bn by the end of 2025, expanding at a CAGR of 10%. 

Global Tissue Engineered Collagen Biomaterials Market: Key Companies

These are the significant key players in the market – Collagen Matrix, Medtronic, Maxigen Biotech Inc. Kyeron B.V., GENOSS Co., Ltd., Collagen Solutions Plc., Fraunhofer-Gesellschaft, Maxigen Biotech Inc. Advanced BioMatrix Inc., and CollPlant Ltd.

Browse Full Global Tissue Engineered Collagen Biomaterials Market Report with TOC  : http://www.mrrse.com/tissue-engineered-collagen-biomaterials-market

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