Extracellular Matrix Market - Forecast(2024 - 2030)
Overview
The global Extracellular Matrix Market size is forecast to reach $38 million by 2024, growing at a CAGR of 7.63% during the forecast period 2019-2024. The rising cases of surgeries could impact the overall extracellular matrix market. Also, technological advancements in the field of extracellular matrix in the creation of easier to use products is another factor that is set to drive the market. The extracellular matrices usually contain: glycosaminoglycans, matrix metalloproteinases, cellular adhesion molecules as well as threonine proteases and is commonly used for tissue homeostasis.
Key Takeaways
- The North America region has been estimated to be dominating the market for extracellular matrix. The information for other major regions are also mentioned in the full extracellular matrix market report.
- The increasing focus on research for extracellular matrix products has the potential to drive the overall market. Other major market drivers mentioned in final report.
- The higher cost of the products will make consumers reluctant for purchase. This can be considered as a major market constraint. Other major market constraints is available in the full report.
Raw Material - Segment Analysis
The porcine ECM patch had been estimated to hold the largest share in the Raw material segment. This is owing to the high usage of these grafts in various surgical procedures and several other benefits of usage such as durability, pliability and reduced scar formation. However, the Bovine patches is estimated to have a higher CAGR since they have a reduced infection risk and are easier to handle in surgical procedures.
Application - Segment Analysis
The soft tissue
repair segment had been estimated to account for the largest revenue share in
the application segment. This is owing to the growing adoption of these patches
by healthcare providers and the increasing awareness regarding their benefits.
However, the vascular repair and reconstruction application is projected to
have the fastest CAGR of 6.2% during the period under consideration owing to
the increasing prevalence of vascular diseases and a rising geriatric
population.
Geography - Segment Analysis
The North America Region was
found to be the dominating region accounting for a higher extracellular matrix
market share of 40%. This is owing to the increasing prevalence of
cardiovascular diseases and other trauma cases, availability of advanced
research laboratories and higher investment into development of new products.
However, the APAC region is estimated to have the highest CAGR during the
period under consideration. This is due to the rise in the prevalence of
various diseases, trauma cases, rapid urbanization and rise in healthcare
expenditure.
Drivers – Extracellular Matrix Market
·
Increasing cases of tissue
and organ damage
The
increasing cases of tissue and organ damages has the potential to impact the
overall market for extracellular matrix products. Also, technological
advancements have helped in creating products that are easier to use and this
factor can also increase the usage of the extracellular matrix products.
·
Increased
focus on research for these products
There is an
increased focus among companies to perform research on this area so that
advancements can be made. This focus on development have resulted in the
creation of better products and this in turn, could result in the growth of the
overall market.
Challenges – Extracellular Matrix Market
·
Higher
cost of products
Since the extracellular matrix is
a complex system, products made from this are higher priced. This factor has a
potential to be a major challenge for the market as people with low income will
be reluctant to adopt them.
Extracellular Matrix Industry Outlook
Product Launches and partnerships are the major
strategies undertaken by the major players in the extracellular matrix market. The Extracellular Matrix top 10 companies
include: Smith & Nephew, Boston Scientific
Corporation, Koninklijke DSM N.V., Merck KGaA, Cook Group, MTF Biologics,
Medtronic, Baxter, Aziyo Biologics, and Admedus Ltd., among others.
Product Launches/Partnerships
Ø On
March 2017, Aziyo Biologics Inc. had launched a natural extracellular matrix
scaffold named CanGaroo. This product is used to securely hold cardiac
implantable devices to create a stable environment.
Ø On
April 2019, Cook Biotech had announced a collaboration agreement with
Progressive Medical for Biodesign Hernia Graft in the US. This is a sales
collaboration.
1.1 Definitions and Scope
2. Extracellular Matrix Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Extracellular Matrix Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Extracellular Matrix Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Extracellular Matrix Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Extracellular Matrix Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Extracellular Matrix Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
11.1 Extracellular Matrix Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Extracellular Matrix- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Extracellular Matrix- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Extracellular Matrix - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Extracellular Matrix - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Extracellular Matrix Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Extracellular Matrix Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Extracellular Matrix Market - Key Company List by Country Premium
15. Extracellular Matrix Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Admedus Ltd
15.3 Aziyo Biologics
15.4 Baxter
15.5 Boston Scientific Corporation
15.6 Coloplast Group
15.7 Cook Group
15.8 Koninklijke Dsm N V
15.9 Medtronic
15.10 Mtf Biologics
15.11 Smith Nephew
15.12 Company 11
15.13 Company 12 & More
16.1 Abbreviations
16.2 Sources
17. Extracellular Matrix Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 ($M)1.1 Cardiac Repair Market 2023-2030 ($M) - Global Industry Research
1.2 Vascular Repair Reconstruction Market 2023-2030 ($M) - Global Industry Research
1.3 Pericardial Repair Market 2023-2030 ($M) - Global Industry Research
1.4 Dural Repair Market 2023-2030 ($M) - Global Industry Research
1.5 Soft Tissue Repair Market 2023-2030 ($M) - Global Industry Research
1.6 Wound Healing Market 2023-2030 ($M) - Global Industry Research
2.Global Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 ($M)
2.1 Bovine Ecm Patch Market 2023-2030 ($M) - Global Industry Research
2.2 Porcine Ecm Patch Market 2023-2030 ($M) - Global Industry Research
3.Global Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 (Volume/Units)
3.1 Cardiac Repair Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Vascular Repair Reconstruction Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Pericardial Repair Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 Dural Repair Market 2023-2030 (Volume/Units) - Global Industry Research
3.5 Soft Tissue Repair Market 2023-2030 (Volume/Units) - Global Industry Research
3.6 Wound Healing Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 (Volume/Units)
4.1 Bovine Ecm Patch Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Porcine Ecm Patch Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 ($M)
5.1 Cardiac Repair Market 2023-2030 ($M) - Regional Industry Research
5.2 Vascular Repair Reconstruction Market 2023-2030 ($M) - Regional Industry Research
5.3 Pericardial Repair Market 2023-2030 ($M) - Regional Industry Research
5.4 Dural Repair Market 2023-2030 ($M) - Regional Industry Research
5.5 Soft Tissue Repair Market 2023-2030 ($M) - Regional Industry Research
5.6 Wound Healing Market 2023-2030 ($M) - Regional Industry Research
6.North America Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 ($M)
6.1 Bovine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
6.2 Porcine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
7.South America Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 ($M)
7.1 Cardiac Repair Market 2023-2030 ($M) - Regional Industry Research
7.2 Vascular Repair Reconstruction Market 2023-2030 ($M) - Regional Industry Research
7.3 Pericardial Repair Market 2023-2030 ($M) - Regional Industry Research
7.4 Dural Repair Market 2023-2030 ($M) - Regional Industry Research
7.5 Soft Tissue Repair Market 2023-2030 ($M) - Regional Industry Research
7.6 Wound Healing Market 2023-2030 ($M) - Regional Industry Research
8.South America Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 ($M)
8.1 Bovine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
8.2 Porcine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
9.Europe Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 ($M)
9.1 Cardiac Repair Market 2023-2030 ($M) - Regional Industry Research
9.2 Vascular Repair Reconstruction Market 2023-2030 ($M) - Regional Industry Research
9.3 Pericardial Repair Market 2023-2030 ($M) - Regional Industry Research
9.4 Dural Repair Market 2023-2030 ($M) - Regional Industry Research
9.5 Soft Tissue Repair Market 2023-2030 ($M) - Regional Industry Research
9.6 Wound Healing Market 2023-2030 ($M) - Regional Industry Research
10.Europe Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 ($M)
10.1 Bovine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
10.2 Porcine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
11.APAC Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 ($M)
11.1 Cardiac Repair Market 2023-2030 ($M) - Regional Industry Research
11.2 Vascular Repair Reconstruction Market 2023-2030 ($M) - Regional Industry Research
11.3 Pericardial Repair Market 2023-2030 ($M) - Regional Industry Research
11.4 Dural Repair Market 2023-2030 ($M) - Regional Industry Research
11.5 Soft Tissue Repair Market 2023-2030 ($M) - Regional Industry Research
11.6 Wound Healing Market 2023-2030 ($M) - Regional Industry Research
12.APAC Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 ($M)
12.1 Bovine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
12.2 Porcine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
13.MENA Extracellular Matrix Patch Market:Application Estimate Trend Analysis Market 2023-2030 ($M)
13.1 Cardiac Repair Market 2023-2030 ($M) - Regional Industry Research
13.2 Vascular Repair Reconstruction Market 2023-2030 ($M) - Regional Industry Research
13.3 Pericardial Repair Market 2023-2030 ($M) - Regional Industry Research
13.4 Dural Repair Market 2023-2030 ($M) - Regional Industry Research
13.5 Soft Tissue Repair Market 2023-2030 ($M) - Regional Industry Research
13.6 Wound Healing Market 2023-2030 ($M) - Regional Industry Research
14.MENA Extracellular Matrix Patch Market:Raw Material Estimate Trend Analysis Market 2023-2030 ($M)
14.1 Bovine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
14.2 Porcine Ecm Patch Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Extracellular Matrix Market Revenue, 2023-2030 ($M)2.Canada Extracellular Matrix Market Revenue, 2023-2030 ($M)
3.Mexico Extracellular Matrix Market Revenue, 2023-2030 ($M)
4.Brazil Extracellular Matrix Market Revenue, 2023-2030 ($M)
5.Argentina Extracellular Matrix Market Revenue, 2023-2030 ($M)
6.Peru Extracellular Matrix Market Revenue, 2023-2030 ($M)
7.Colombia Extracellular Matrix Market Revenue, 2023-2030 ($M)
8.Chile Extracellular Matrix Market Revenue, 2023-2030 ($M)
9.Rest of South America Extracellular Matrix Market Revenue, 2023-2030 ($M)
10.UK Extracellular Matrix Market Revenue, 2023-2030 ($M)
11.Germany Extracellular Matrix Market Revenue, 2023-2030 ($M)
12.France Extracellular Matrix Market Revenue, 2023-2030 ($M)
13.Italy Extracellular Matrix Market Revenue, 2023-2030 ($M)
14.Spain Extracellular Matrix Market Revenue, 2023-2030 ($M)
15.Rest of Europe Extracellular Matrix Market Revenue, 2023-2030 ($M)
16.China Extracellular Matrix Market Revenue, 2023-2030 ($M)
17.India Extracellular Matrix Market Revenue, 2023-2030 ($M)
18.Japan Extracellular Matrix Market Revenue, 2023-2030 ($M)
19.South Korea Extracellular Matrix Market Revenue, 2023-2030 ($M)
20.South Africa Extracellular Matrix Market Revenue, 2023-2030 ($M)
21.North America Extracellular Matrix By Application
22.South America Extracellular Matrix By Application
23.Europe Extracellular Matrix By Application
24.APAC Extracellular Matrix By Application
25.MENA Extracellular Matrix By Application
26.Cook Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Coloplast Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Smith Nephew, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Koninklijke Dsm N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Mtf Biologics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Boston Scientific Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Medtronic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Baxter, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Aziyo Biologics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Admedus Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)