Bovine-based Collagen for Biomedical Applications Market By Type (Bone Graft Substitutes, Cartilage Repairs, Collagen-based Scaffolds, Hemostats, Skin Substitutes, and Wound Dressings), By Application and By Region - Trends, Analysis and Forecast till 2034.

Growing demand for bovine-derived collagen in biomedical applications

There is a growing demand for bovine-derived collagen in biomedical applications to treat various diseases such as arthritis and osteoporosis as well as improve skin health. According to the CDC's October 2021 update, approximately 58.5 million adults in the United States, or 23.7%, or 1 in 4, have doctor-diagnosed arthritis. Women have a higher risk of arthritis than men, 23.5%, 18.1% more than men. It is predicted that by 2040 there will be 78.4 million adults with this disease. Similarly, according to an article published in the Journal of Orthopedic Surgery and Research in October 2021, osteoporosis is a common disease worldwide. The worldwide prevalence of osteoporosis in women is 23.1%, while the worldwide prevalence of osteoporosis in men is 11.7%. Therefore, the burden of osteoporosis and arthritis increases the demand for bovine collagen for therapeutic purposes, which drives the market growth during the forecast period.