Artificial Skin Market Based on Need For Patient, Gelatin-Contained Artificial Skin, Composite Biocompatible Epidermal Graft), Based on distribution channel and Geography.
Artificial Skin Market size valued at US$ x mn and expected to grow at x% Compound Annual Growth Rate (CAGR) over 2020 to 2026. Artificial skin is the synthetic skin used to replace human skin to save patients from burns injuries and other skin infections. It is also known as regenerative artificial skin. Artificial skin is a collagen scaffold that induces the regeneration of the skin. It is used to treat patients with major burns, deep wounds and also used during plastic surgery. The companies also advancing the artificial skin technologies to use with robotics and maximizing the applications of artificial skin. In addition, companies are also involved in collaborations and acquisitions to expand their artificial skin market share and position in the global market. For instance, in January 2018, Shiseido Company, Limited has acquired Olivo Laboratories, LLC along wot its pioneering XPL second skin technology.
Study Period
2024-2030Base Year
2023CAGR
X%Largest Market
North-AmericaFastest Growing Market
Europe
Global artificial skin market is driven by the increase in the number of injuries and burns worldwide. Furthermore, growing adaptation of the skin regeneration treatments in plastic surgery and rise in awareness of artificial skin products expected to boost the market growth. In addition, advancements in the artificial skin technologies such as autologous spray on skin and expansion of the applications of artificial skin into the beauty and skin care segments projected to bolster the market growth over the forecast period. However, high cost of the treatment and artificial skin products and complications such as acceptance by the body projected to hamper the market growth over the forecast period.
Geographically, global artificial skin market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe and North America are projected to remain key markets over the forecast period owing to the advancements in the skin technologies, adaptation of artificial skin and presence of key market players. Asia Pacific artificial skin market is expected to have lucrative growth opportunity rates owing to increase in the adaptation of the artificial skin treatments, growing healthcare spending and advancements in the infrastructure. Especially, Emerging countries such as India and China projected to have the significant growth during the forecast period due to the increase in burns, injuries and adaptation of artificial skin treatments. According to World Health Organization (WHO) in India, over 1,000,000 people are moderately or severely burnt every year.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
X% |
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Need For Patient |
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distribution channel |
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2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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