Increasing Demand for Regenerative Medicines to Bolster Tissue Engineered Collagen Biomaterial Market
The tissue engineered collagen biomaterial market is gaining traction over the past few years due to an array of benefits that it offers. These are highly versatile, biodegradable, and easily available.
Collagen is being extensively researched for larger applicability and drug development in the upcoming years. Due to increasing medical needs, there is a high demand for regenerative medicines which is likely to expand the global tissue engineered collagen biomaterial market in the upcoming years.
Research Advances to Stimulate Tissue Engineered Collagen Biomaterial Market
Medical field has seen an enormous shift in the past few years. There have been tremendous improvements in this field. Research and development are underway to introduce new biomaterials and their composites. In 2018, under special edition of medical journal new biomaterials and their designing approaches were presented.
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Now, tissue engineering can be used for skin regeneration and fertility restoration. Hence, growing research advances in this sector is coming up with novel approaches. This is expected to drive the global tissue engineered collagen biomaterials market to expand in the forthcoming years to come.
Animal Derived Collagen to Underpin Growth in Tissue Engineered Collagen Biomaterial Market
Animal derived collagen is much in demand in biomaterial for tissue engineering in the field of cosmetic surgeries and drug development system. It provides benefits such as biocompatibility, biodegradability, and easy availability. These collagen proteins are found in abundant in mammals and they have wide applicability in tissue engineering.
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Moreover, tissue engineering are biocompatible with native collagen and are versatile in nature. Collagen is most connective tissue and extensively studied biomolecule, Some of the types are fibres. Thus, the global tissue engineering collagen biomaterial market is expected to boost in the upcoming years.
The global tissue engineered collagen biomaterial market can be segmented depending upon application into orthopedics and wound care, among others. The orthopedics segment, at present, leads with maximum market share due to the numerous applications in bone, tendon, and ligament injuries of collagen. As per a report by the National Osteoporosis Foundation in 2014, about 54 million people over 50 years of age in the U.S. are affected by low bone mass and osteoporosis and this has helped catalyze growth in the market.
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Some of the prominent participants operating in the global tissue engineered collagen biomaterials market are Collagen Matrix Inc., Medtronic, Advanced BioMatrix Inc., Kyeron B.V., Collagen Matrix, Collagen Solutions Plc., CollPlant Ltd., Fraunhofer-Gesellschaft, GENOSS Co., Ltd., and Maxigen Biotech Inc.
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