Seriously Affected by the Epidemic,the development of US and Europe Medical Collagen Industry Slowed Down

Collagen is the main structural protein in the extracellular matrix of various connective tissues in the body. It is a major component of connective tissue and is the most abundant protein in mammals, accounting for 25-35% of the total body protein content. Collagen is held together by amino acids to form a triple helix of elongated fibers called a collagen helix. It is found mainly in connective tissues such as cartilage, bone, tendons, ligaments and skin. Common types of collagen include bovine collagen (mainly from cows), pig collagen (extracted from pig skin, bone and connective tissue) and Marine collagen (made from fish-derived collagen polypeptides). 

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Collagen has many medical uses in the treatment of bone and skin complications. Due to its powerful skin repair function, it is widely used in dermatology, burn department, laser cosmetology department and other subjects, so it is also called medical grade bioactive collagen, referred to as medical active collagen, and occasionally referred to as medical collagen. Medical collagen can be used in vascular grafts, cartilage repair, wound care, bone grafts and diagnosis, and can also be used as haemostat material and tissue scaffold material. Studies have shown that collagen is the most common used for bone grafting, with the highest market share of 24.52% in 2020. Since bones form the structure of the body, it is vital that they maintain their strength even when injured. Collagen is used in bone grafts mainly because it has a triple helix structure, making it a very strong molecule. Its effect on bone is ideal because it does not compromise the structural integrity of bone. The triple helix structure of collagen prevents it from being broken down by enzymes and it allows cells to stick to each other, which is important for the proper assembly of the extracellular matrix.

Medical Collagen Market Status Analysis and Prospect Forecast

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Our research data has shown that the total market value of medical collagen in Europe and the US was $361 million in 2015 and increased to $475 million in 2020, with a CAGR of 22.77% from 2015 to 2020. On this basis, we carry out a series of functional calculations and use scientific models to derive the data of the last five years. Finally, we forecast that the medical collagen market in Europe and the US will be worth $627 million by 2025.

The regional market concentration of medical collagen is high. The US is the largest market by revenue, ranking first in the medical collagen revenue market from 2015 to 2020. Its market value grew from $190 million in 2015 to $246 million in 2020, accounting for 51.88% of the market, with a CAGR of 11.23% between 2015 and 2020. As the world‘s largest developed economy, the US enjoys political and social stability, a sound legal system, a sound market system and rapid development. It is the north American leader in market volume, technological prowess, educational innovation and labor productivity. In terms of production, the US has developed various industries, with many local brands and good market competition. In addition, Germany, France, Italy and the UK, ect., these European countries also occupy a certain market share. In 2020, Germany ranked first in the European market with a market share of 11.37%, and became the fastest growing market in Europe, with a good development trend.

In 2020, Integra Life Science ranked first in the Medical collagen market in Europe and the United States with 38.97% market share. SDM Biomedical ranked second with 17.96%; Collagen Matrix ranked the third with 9.48%. The top six enterprises in Europe and the United States accounted for 79.32% of the whole market.

Impact of Epidemic on Medical Collagen Market

The impact of the epidemic on the medical collagen market will involve all major links and entities in the industrial chain. Prevention and control measures such as family isolation and the extension of the Lunar New Year holiday have been adopted to avoid large-scale population movements and gatherings. More and more cities are entering a level 1 response mode to strictly control the movement of people and prevent the spread of the disease. This prevented non-local staff from returning or arriving immediately, left insufficient staff and disrupted normal commutes, leading to mass production stopovers. Road closures and village closures in various regions have hindered the transport of raw materials such as pork, pepsin and acetic acid, as well as salt products.  Existing stocks of raw and auxiliary materials may not be able to meet the needs of normal production, and most companies cannot sustain production with raw material stocks. The operating costs of medical collagen companies will be affected by the increased costs of raw materials and logistics, the development of online shopping habits of consumers and distributors, and the difficulty of recycling after the epidemic has eased. In addition, consumers will have less demand for products due to lower incomes, which further challenges business development. In addition, the intensification of the epidemic has posed a severe challenge to the global healthcare system. In a related report, the Center for Surgical Efficacy and Patient Safety at Massachusetts General Hospital said the number of operations canceled worldwide due to the epidemic will reach about 28.4 million by 2020. Most of the cancellations were for non-cancer patients. The high number of cancellations during the pandemic means that the demand for medical collagen in healthcare facilities will also be greatly reduced in the short term.

But when the epidemic abates, medical facilities will continue to absorb canceled and postponed surgeries for the next year or two. The large accumulation of surgical procedures will lead to a significant increase in the demand for medical collagen in medical institutions. Therefore, although the epidemic will have an impact on the company's performance in the short term, the medical collagen industry is expected to have great potential in the long term. In addition, in the post-pop era, people will pay more attention to healthy lifestyle and life concept. At the same time, people are focusing on healthier products in the hope that they will be good for their health. Collagen is an important source of nutrients and is rich in amino acids, especially those that cannot be synthesized by the body. Regular supplementation of appropriate collagen can help to enhance the functions of various tissues and organs and enhance human immunity. Therefore, collagen, as a basic nutritional protein, will benefit people's health. People's consumption concept is further improved, and the medical collagen market has a broader prospect

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