The increasing rate of target disorders and diseases and investments in research and development activities are bolstering the collagen and gelatin market. The increasing number of surgeries and growth in the geriatric population is also contributing to the growth in the collagen and gelatin market.
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Although the availability of reliable and efficient biomaterials substitutions are restraining the growth opportunities in the collagen and gelatin market. The rise in the COVID-19 pandemic has led to the requirement for social distancing. So, different government authorities across the world have imposed lockdown, and it has further adversely impacted the collagen and gelatin market. Further, postponed or canceled elective surgeries, denied wound care services, and the lockdown has declined growth in the collagen and gelatin market. This denial in elective surgeries was provided resources to COVID-19 patients, and it has impacted adversely the collagen and gelatin market.
Growth of Diabetic Foot Ulcer Propel Global Collagen & Gelatin Market
The increasing cases of diabetes have resulted in the growth of ulcerations (foot or leg ulcers) and injuries. These injuries further require treatments, and it results in extreme clinical expenses. The increasing cases of diabetic foot ulcers require regenerative medicine, and it further empowers collagen and gelatin market development.
The market availability of dependable and proficient biomaterials substitutions that are helpful to recover, fix, and mend infected or harmed tissues and organs. These are expected to restrain the growth in the collagen and gelatin market. There are a few biomaterials such as polyglycolic corrosive, polylactic corrosive (PLA), hyaluronic corrosive, cellulose, alginate, and chitosan are applied as substitutions for collagen and gelatin in the regenerative medicine sector. These substitutions across the world may thwart the development in the collagen and gelatin market.
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On the basis of regional segmentation, the collagen and gelatin market is divided into five major regions. These major regions include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these, the North American region is currently leading in the collagen and gelatin market. The growth in this region is on the back of highly matured and developed infrastructure. Further, the presence of key industry players in the collagen and gelatin market also bolsters growth opportunities.