For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
KEY FINDINGS
The Asia-Pacific medical collagen market is expected to record a CAGR of 7.00% during the forecast period, 2022-2030. The beauty & personal care industry is booming in the region, and is inclusive of collagen as an ingredient in their face wash, shampoo, and creams, which is vastly accepted by consumers. This is attributed to collagen's beneficial properties.
MARKET INSIGHTS
Taiwan, Australia & New Zealand, Singapore, Indonesia, China, India, South Korea, Japan, and Rest of Asia-Pacific are assessed for the Asia-Pacific medical collagen market growth analysis. Japan is emerging as a lucrative market for collagen products, given their increasing consumption among the female population with regard to keeping the skin young, wrinkle-free, and fresh. Almost every household in Japan has products containing collagen, including shampoos, face masks, and face creams. In addition, the products by the domestic companies are leading the market.
In Indonesia, the increasing use of collagen products has facilitated business expansions among the key market players. For instance, a UK-based company, Collagen Solutions, launched ChondroMimetic,' a new product in Indonesia after signing the license and distributor agreement, in 2019. It is a scaffold that is surgically (minimally-invasive) placed for repairing knee cartilage.
In Australia, collagen supplements are increasingly incorporated into diets. Additionally, companies are collaborating to offer optimal products and services for consumers. New Zealand offers lucrative growth opportunities due to the growing popularity of collagen in the country. Moreover, the rising awareness has increased the consumption of collagen in countries like North Korea, Cambodia, Malaysia, Bangladesh, etc.
COMPETITIVE INSIGHTS
Some of the eminent market players include Nippi Inc, Symatese, Stryker, Nitta Gelatin, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments