Description

The global artificial skin market was 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 the human skin to save the 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 the patients with the major burns, deep wounds and also used during the plastic surgery. The companies also advancing the artificial skin technologies to use with the robotics and maximizing the applications of artificial skin. In addition, companies also involving in collaborations and acquisitions to expand their market share and position in the global market. For instance, January 2018, Shiseido Company, Limited has acquired Olivo Laboratories, LLC along wot its pioneering XPL second skin technology.

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