The global tissue engineered skin substitutes market size is expected to reach USD 947.3 million by 2027, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Technological advancements, high demand for skin grafts, and rising prevalence of acute wounds are the key driving factors for the market.
Rising
demand for skin grafts is a major factor boosting market growth. The recent
trend of burn care and treatment has shifted to a more comprehensive approach
which not only focuses on recovery from burn injury but also on improvement in
long-term function and form of the healed injury and quality of life. Owing to
this trend the demand for use of grafting and other substitutes in treatment
and management of acute burns has increased and is rising at a constant pace.
Skin
grafts are majorly used on partial and full thickness burns and have an
important role in treatment of burn injuries. The grafts can be biological or
synthetic in nature. Biological sources of skin grafts include cadaver skin,
skin from the patient itself, and skin obtained from another donor either an
allograft or xenograft. Moreover, these grafts provide more intact
extracellular matrix, which aids in healing of wounds. Skin grafts allow
excellent re-epithelization due to the presence of basement membrane and also
show increased control over scaffold composition. It also has advantages over
other dressing materials in terms of absorbency and frequency of dressing
change. Aforementioned benefits are anticipated to drive the overall growth of
the market.
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Tissue Engineered
Skin Substitutes Market Report Highlights
- In terms of revenue, the
biological segment held the market share in 2019 as the graft is prepared
from patient’s skin and it easily matches with the infected site
- The acute wounds segment
held the largest market share in 2019 as skin grafts are, generally, used
in the treatment of burn injuries and surgeries. Thus, increasing
prevalence of burn cases is anticipated to drive the market
- The hospital segment held
the largest market share in 2019 and is expected to witness the fastest
growth rate over the forecast period due to the increasing number of
surgeries
- In Asia Pacific, the market
is expected to witness the fastest growth rate over the forecast period
owing to the rising prevalence of chronic and acute wounds in this region
- Prominent key players
present in the tissue engineered skin substitutes market are Amarantus
BioScience Holdings; Organogenesis, Inc.; KCI Licensing, Inc.; Smith and
Nephew; BSN medical; Mölnlycke Health Care AB; Integra LifeSciences
Corporation; Medtronic; and Tissue Regenix
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Tissue Engineered
Skin Substitutes Market Segmentation
Grand View Research has segmented
the global tissue engineered skin substitutes market on the basis of product,
application, end use, and region:
Tissue Engineered
Skin Substitutes Product Outlook (Revenue, USD Million, 2016 - 2027)
- Synthetic
- Biosynthetic
- Biological
Tissue Engineered
Skin Substitutes Application Outlook (Revenue, USD Million, 2016 - 2027)
- Acute Wounds
- Surgery & Trauma
- Burn Injuries
- Chronic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Other Chronic Wounds
Tissue Engineered
Skin Substitutes End-Use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Wound Care Centers
- Others
Tissue Engineered
Skin Substitutes Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia-Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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