CLEVELAND, Sept. 13, 2016 /PRNewswire/ -- Collagen demand is forecast to climb at a healthy 5.7 percent annual pace to $290 million in 2020, when market volume will reach 49 million pounds. Growth will primarily be based on opportunities in wound dressings and cosmetic and toiletry products, which will offset declines in the injectables segment. Collagen demand will be limited by competition from a number of other injectable materials, including hyaluronic acid-based products, which generally offer longer lasting benefits than collagen. These and other trends are presented in Natural Polymers, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Industry study Natural Polymers is available at http://www.freedoniagroup.com/DocumentDetails.aspx?ReferrerId=RF-PRNEWS&StudyID=3415
Other competitive products include botulinum toxin and the patient's own body fat. The ongoing introduction of human collagens will benefit demand, as these new compounds will reduce the risk of side effects associated with animal-derived forms of the polymer.
Collagen is estimated to make up as much as 40 percent of the protein found in the human body. Collagen functions to join cells together, fixing their location within the body. The protein also participates in the production of skin, internal organs, and bones. Collagen can be human-based (autologous or cadaver; recombinant types are still in development) or animal-based (bovine or porcine).
In the medical market, applications include tissue repair and wound healing. Superior wound healing actions will boost demand for collagen dressings going forward. Collagen promotes body tissue formation, provides structural support to the skin and bones, and limits the expansion of arteries. The polymer has been used for decades to stop bleeding in trauma and surgical patients. Moreover, fibroblast cells embedded in a collagen matrix form an effective treatment for burns, skin ulcers, and other wounds.
About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, market share information and profiles of the leading industry players. Reports can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.
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SOURCE The Freedonia Group