USD 10.8 Billion by 2027: Collagen and HA-based Biomaterials Market Grows
Collagen
and HA-based Biomaterials Market, valued at USD 8 billion in 2022, is
projected to expand to USD 10.8 billion by 2027, achieving a robust CAGR of 6%.
Driven by rising demand for regenerative medicine, cosmetic surgeries, and
treatments for joint disorders, this market is transforming healthcare and
aesthetics. This press release explores key growth drivers, projections, and
opportunities for stakeholders in this innovative biomaterials sector.
Why Is the Market Growing?
The Collagen and HA-based Biomaterials Market is expanding
due to the increasing prevalence of joint disorders, such as osteoarthritis
affecting 500 million people globally, and the surge in cosmetic procedures,
with 13.2 million minimally invasive surgeries in the U.S. in 2020. Collagen’s
biocompatibility and hyaluronic acid’s (HA) versatility drive applications in
tissue engineering, wound healing, and viscosupplementation for knee
osteoarthritis, reducing pain by 30%. Technological advancements, like 3D
bioprinting and advanced HA fillers, enhance product efficacy. The aging
population, with 16% of the global population over 60 by 2030, boosts demand
for biomaterials in orthopedics and aesthetics. Challenges like high production
costs, averaging USD 1,000 per kg, are mitigated through scalable bioproduction
and regulatory support like FDA’s fast-track approvals.
What Are the Key Market Projections?
The market is expected to grow from USD 8 billion in 2022 to
USD 10.8 billion by 2027, with a 6% CAGR, creating a USD 2.8 billion
opportunity. Facial aesthetics dermal fillers, holding a 50% share, are
projected to grow at a 6.5% CAGR, reaching USD 5.5 billion by 2027.
Viscosupplementation for knee osteoarthritis dominates orthopedic applications,
with a USD 1.2 billion opportunity. North America holds a 40% share, driven by
the U.S., while China grows at a 9% CAGR due to healthcare investments. The
historical CAGR from 2017 to 2021 was 5.5%, reflecting steady growth.
Short-term growth (2022–2024) focuses on cosmetic applications, while long-term
trends (2025–2027) emphasize regenerative medicine.
How Can Stakeholders Leverage Opportunities?
Stakeholders in healthcare, cosmetics, and orthopedics can
capitalize on the market’s growth by investing in advanced collagen and
HA-based products. Manufacturers can develop innovative fillers and
viscosupplementation devices, like Allergan’s 2023 HA-based filler launch, to
meet aesthetic demand. Orthopedic firms can target viscosupplementation for
joint disorders, leveraging the 20% rise in osteoarthritis cases. Partnerships
with biotech firms, such as Galderma’s 2023 collaboration for 3D bioprinting,
enhance innovation. Targeting high-growth regions like Asia-Pacific, where
China’s cosmetic surgery market grew 10% in 2023, offers significant potential.
Developing cost-effective biomaterials ensures compliance with FDA standards
and improves patient access, boosting market competitiveness.
What Does the Report Cover?
Fact.MR’s report combines primary research with industry
experts and secondary analysis of market trends. It covers market segments by
product (collagen-based, HA-based), application (facial aesthetics, viscosupplementation,
wound healing, tissue engineering, others), end user (hospitals, cosmetic
clinics, research institutes), and region (North America, Latin America,
Europe, East Asia, South Asia & Oceania, Middle East & Africa). The
report highlights trends like 3D bioprinting, regenerative medicine, and
minimally invasive procedures, providing actionable insights for stakeholders
to navigate market opportunities.
Who Are the Market Leaders?
Key players include Allergan (AbbVie), Galderma, Zimmer
Biomet, Geistlich Pharma AG, and Anika Therapeutics, Inc. In 2023, Allergan
launched a next-generation HA filler for facial aesthetics, improving
durability by 15%. Zimmer Biomet advanced its collagen-based scaffolds for
tissue engineering. These companies, holding over 50% of the market share, are
driving innovation through R&D, acquisitions, and partnerships with
healthcare providers to meet global demand.
What Are the Latest Market Developments?
In 2023, the U.S. saw a 10% increase in cosmetic minimally
invasive procedures, boosting HA-based filler demand. Galderma’s 3D bioprinted
collagen scaffolds, launched in 2023, enhanced wound healing by 20%. China’s
viscosupplementation market grew by 12%, driven by an aging population.
Regulatory advancements, like the EU’s Medical Device Regulation, supported
eco-friendly biomaterial production. Innovations in HA-based
viscosupplementation reduced knee surgery rates by 15%. The global rise in
arthritis, affecting 500 million people, further drove demand for collagen and
HA-based solutions in orthopedics and aesthetics.
What Challenges and Solutions Exist?
High production costs, averaging USD 1,000 per kg, and
regulatory complexities pose challenges. Supply chain disruptions, impacting
80% of manufacturers during COVID-19, persist as a concern. Solutions include
scalable bioproduction, as pursued by Geistlich Pharma, reducing costs by 10%.
Partnerships with academic institutes, like Anika Therapeutics’ 2023
collaborations, streamline R&D. Localized production in Asia-Pacific mitigates
supply chain risks. Developing advanced biomaterials, like 3D-printed
scaffolds, ensures compliance with FDA and EU standards, enhancing market
resilience and accessibility.
Conclusion
The Global Collagen and HA-based Biomaterials Market
is set to reach USD 10.8 billion by 2027, driven by a 6% CAGR. With
applications in cosmetics, orthopedics, and regenerative medicine, and
supported by technological advancements, the market offers transformative
opportunities. Stakeholders can leverage Fact.MR’s insights to target
high-growth regions like Asia-Pacific, invest in innovative biomaterials, and
address cost challenges to thrive in this dynamic healthcare sector.
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