Medical Collagen Market Insights Video

According to Cognitive Market Research, the global medical collagen market size was USD 625.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 250.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 187.7 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 143.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 31.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
• Middle East & Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 12.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
• The cartilage repair category is the fastest-growing application segment of the medical collagen industry.