Collagen-Based Sealants Market - Forecast(2023 - 2028)
Collagen-Based Sealants Market Overview
The global
collagen-based sealants market size is estimated to reach US$1.9 billion by 2027 after growing at a CAGR
of around 6.5% from 2022 to
2027. The collagen is the protein in the body parts which includes teeth, blood
vessels, corneas, and others. The fibroblast secretes the collagen proteins for
recovering and maintaining the tissue framework. The collagen sealant is pH
stable, highly biocompatible, non-toxic, and easily absorbable. It has major
applications in medical adhesives, wound treatment, dental implant treatments,
cartilage repairs, and others. The increasing demand of collagen-based sealants
and polyethylene glycol agents for post-operation and surgeries is driving the
global collagen-based sealants market. Moreover, the rising applications of
collagen-based sealants in hospitals, clinics, dental, and other end-use
industries will offer high growth for the global collage-based sealants industry
during the forecast period.
Collagen-Based Sealants Market COVID-19 Impact
The global
collagen-based sealants market was majorly impacted by the global covid-19
pandemic. The pandemic created major economic shutdowns, demand and supply gap,
logistics disruptions, and declining demand. The collagen-based sealants have
major applications in hospitals, surgeries, and clinics. The hospital sector
was affected by the pandemic disruptions in the initial covid phase. The
worldwide lockdown disturbed the global hospital and medical sector. Moreover,
various surgery centers, hospital units, and wound care and treatment services
were delayed. The hospitals saw a shortage of beds, care professionals, medical
equipment, others. According to the United States Census Bureau, the revenues
of medical and diagnostic laboratories saw a fall of 10.9% in the 2nd
quarter of 2020. Thus, with disturbed medical and hospital sector in the
initial phase of covid-19, the applications of collage-based sealants in
medical adhesives, vascular grafts, implants, cartilage repair, and others
declined, thereby led to a slowdown in the growth of global collagen-based
sealants industry.
Report Coverage
The “Global Collagen-Based Sealants Market Report – Forecast (2022-2027)”
by IndustryARC covers an in-depth analysis of the following segments of the global
collagen-based sealants industry.
Key Takeaways
- The global collagen-based sealants market size will grow due to rise in demand across various end-use industries such as hospitals, orthopedic clinics, surgical centers, and others during the forecast period.
- North America holds the largest market share owing to the rise in healthcare, infrastructure, hospitals, surgeries, and advanced facilities, thereby boosting the demand of collagen-based sealants.
- The growing dental implants treatment will boost the growth prospects for collagen sealants owing to its rising demand in oral care and biocompatibility, tissue repair, and non-toxic features.
![Global Collagen-Based Sealants Market](https://i.imgur.com/G87VJ11.png)
Collagen-Based Sealants Market Segment Analysis – By Application
By application, the wound treatment segment held the largest global collagen-based sealants market share and will grow at a CAGR of 6.7% during the forecast period. The demand of collage-based sealants is high for wound treatment applications in hospitals, surgeries, and orthopedic clinics. The collagen-based sealant attracts the fibroblasts in order to boost the collagen deposition to the wound. Moreover, the collagen-based sealants are also increasingly used in the surgical wound treatment owing to its biocompatibility, non-toxicity, and tissue regeneration properties. According to the Journal of the Australian Institute of Health and Welfare, approx. 11 million hospitalization cases were reported in the year 2019-2020. The excellent tissue regeneration and bone repair, and wound treatment post operations, and healing use of collagen-based sealants, along with polyethylene glycol in surgical centers, hospitals, and others is creating high demand in the market. Thus, the global collagen-based sealants industry will grow with high demand for wound treatment and care applications during the forecast period.
Collagen-Based Sealants Market Segment Analysis- By End-User
By end user, the hospital segment held the largest global collagen-based sealants market share and will grow at a CAGR of around 5.9% during the forecast period. The collagen-based sealants have major applications in the hospitals for surgeries, post-operation treatment, dental implants, and others. The tissue regenerative abilities, biocompatibility, stable pH, and non-toxicity properties makes it ideal for applications in the hospital segment. The collagen-based sealants are ideal choice for wound care and closures, bleeding control, and adhesion prevention. According to the World Bank, (WHO health expenditure database), the global health expenditure accounted for 9.8% of the GDP in 2019. Moreover, the rising demand of collagen-based sealants for surgeries, medical adhesives, post-operative, and wound treatment application in hospitals is offering growth in the market. Thus, with growing application of collagen-based sealants in the hospital end-use sector, the global collagen-based sealants market will grow during the forecast period.
Collagen-Based Sealants Market Segment Analysis – By Geography
By geographical analysis, the North America held the largest market share
and is expected to grow at 31% in the global collagen-based sealants market
during the forecast period. The increasing demand of collagen sealants in this
region is influenced by rise in surgical procedures and developed hospital
infrastructure, and clinics growth. The collagen-based sealants have
application in collagen scaffolds, which is used for the cartilage repair and
regeneration use in the clinics. Furthermore, the growth in hospital, surgical centres,
and medical associations is driving the market of global collagen-based
sealants. According to the Centre for Medicare & Medicaid Services (CMS), the United States government made a national expenditure of around
USD 4.1 trillion in 2020. Moreover, the
rising applications of collage-based sealants for tissue regeneration, dental
implants, sports & medicines, and cardiovascular treatments are creating
high demand in the market. Thus, with growing medical and surgical applications
in the North American region, the global collagen-based sealants market will
grow during the forecast period.
Collagen-Based Sealants Market Drivers
Rising demand from the dental care sector
The demand for collagen-based sealants in the dental care sector is rising due to growing applications in dental plugs, implants, bleeding control, and others. The collagen sealants are used in the dental industry for applications in tissue regeneration, dental surgeries, tooth extraction, teeth restoration, and others. The collagen-based sealants market is experiencing a drive with the high demand in dentistry and dental treatment applications. For instance, the MyDentalPlan Healthcare made the announcement of adding around 4000 clinics in India, thereby boosting the reach to around 250 cities in 2021. Furthermore, the growth of collagen-based sealants owing to its biocompatibility and non-toxicity for dental implants and dentistry end user is offering major growth opportunities for the global collagen-based sealants industry.
Growing demand in the orthopedic sector
The collagen-based
sealants have major application in the orthopedic sector. It is used in bone
graft substitutes, bone regeneration, tendon repair cartilage repair, and
others. The osteoblasts are the fibroblasts that are used for bone formation
through secretion of the organic components such as collagen for the bone
matrix. Furthermore, the collagen sealants are used with the biomaterials in
order to encourage fast cell growth and tissue regeneration. According to the International
Osteoporosis Foundation (IOF), the orthopedic device sector is expected to grow
by around USD 67 million by the year 2030. Moreover, the increasing application
of collagen-based sealants in bone surgeries, grafts, and others is creating
drive in the market and offering major growth opportunities in the global
collagen-based sealants industry.
Collagen-Based Sealants Market Challenges
Substitute threats and availability of biomaterial alternatives
The collagen based sealants have high demand in the hospitals, clinics
surgery centers, and others. However,
the availability of substitute biomaterials alternative is creating a major
challenge in the market. The biomaterials such as polylactic-co-glycolic acid
(PLGA), hyaluronic acid, chitosan, polyglycolic acid, and others offer high
efficiency and reliability in tissue regeneration, repair, and healing. The
growing usage of these biomaterials as an alternative to collagen is
restricting the growth opportunities in the global collagen-based sealants
industry, thereby leading to slowdown in the market.
Collagen-Based Sealants Industry Outlook
The global collagen-based sealants top
10 companies include:
- Adhesives Research Inc
- Cohera Medical Inc.
- HemCon Medical Technologies Inc
- CryoLife Inc.
- Baxter International Inc.
- Advanced Medical Solutions Group Plc
- Johnson & Johnson
- Kerr Corporation
- 3M Company
- Dentsply Sirona Inc.
Recent Developments
- In December 2021, the BD company sealed the deal to acquire the self-adhesive surgical sealant business of the Tissuemed, with the aim to boost the portfolio and expand the surgical offerings across the world.
- In December 2019, the CryoLife Inc. entered into partnership with the Misonic for the commercialization of the NeoPatch product of the CryoLife with the aim to treat indications of the vascular and cardiac surgeries.
- In January 2019, Advanced Medical Solutions Group plc, a leading firm in collagen-based sealants and wound care specialists acquired the Sealantis Limited in around USD 25 million with the aim to boost the high-margin intensive internal surgery.
Relevant Reports
Surgical Sealants and Adhesives Market – Forecast (2022 - 2027)
Report Code: HCR 0578
Adhesives and Sealants Market – Forecast (2022 - 2027)
Report Code: CMR 0138
Report Code: CMR 38697
For more Chemicals and Materials Market reports, please click here
LIST OF TABLES
1.Global Collagen-Based Sealants Market, by Type Market 2019-2024 ($M)2.Global Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
3.Global Collagen-Based Sealants Market, by Type Market 2019-2024 (Volume/Units)
4.Global Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 (Volume/Units)
5.North America Collagen-Based Sealants Market, by Type Market 2019-2024 ($M)
6.North America Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
7.South America Collagen-Based Sealants Market, by Type Market 2019-2024 ($M)
8.South America Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
9.Europe Collagen-Based Sealants Market, by Type Market 2019-2024 ($M)
10.Europe Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
11.APAC Collagen-Based Sealants Market, by Type Market 2019-2024 ($M)
12.APAC Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
13.MENA Collagen-Based Sealants Market, by Type Market 2019-2024 ($M)
14.MENA Collagen-Based Sealants Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
LIST OF FIGURES
1.US Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)2.Canada Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
3.Mexico Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
4.Brazil Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
5.Argentina Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
6.Peru Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
7.Colombia Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
8.Chile Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
10.UK Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
11.Germany Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
12.France Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
13.Italy Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
14.Spain Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
16.China Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
17.India Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
18.Japan Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
19.South Korea Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
20.South Africa Global Collagen-Based Sealants Industry Market Revenue, 2019-2024 ($M)
21.North America Global Collagen-Based Sealants Industry By Application
22.South America Global Collagen-Based Sealants Industry By Application
23.Europe Global Collagen-Based Sealants Industry By Application
24.APAC Global Collagen-Based Sealants Industry By Application
25.MENA Global Collagen-Based Sealants Industry By Application