Regenerative Artificial Skin Market is projected to grow at a CAGR of 9.9%, to reach US$ 5,615.5 Million By 2032 | FMI

Regenerative Artificial Skin Market

The global Regenerative Artificial Skin Market is expected to be valued at US$ 2,185.5 Million in 2022. This market is expanding because hospitals and clinics are increasingly in need of both temporary and permanent skin materials. The total demand for synthetic skin that is regenerative is anticipated to reach US$ 5,615.5 million in revenue by 2032, growing at a CAGR of 9.9% between 2022 and that year.

Regenerative Artificial Skin Market: Overview

The global regenerative artificial skin market is undergoing changes due to burn management reforms in several nations like the United States, the United Kingdom, and Australia. Furthermore, several companies in the marketplace increasing their product portfolio in the regenerative artificial skin market may change the market dynamics over a given period of forecast.

By material type, sub-segments such as engineered skin material in the global regenerative artificial skin market are expected to grow in positive traction owing to its immediate capability of composite skin material and success rate in artificial skin regeneration.

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According to The American Burn Association estimated that in 2015, 486,000 population received medical treatment for minor burns, and 70,000 populations were hospitalized for severe skin burns for acute care.

Skin is the biggest organ in the body also it is one of the most important organs in the body. Skin acts as a barrier between the outside environment and the inside body environment. Skin helps to maintain moisture levels in the body. Skin is responsible for the temperature regulation in the body through sweating. The skin protects the body by keeping harmful bacteria outside the body. Skin has many nerve ends, which help to respond to heat, pressure, touch, cold, and pain. Skin helps to synthesize Vitamin D, which is required for normal bone and teeth growth. The skin has a two-layer epidermal layer and a dermal layer.

The epidermal layer is the outer layer that acts as the body’s major barrier against uncertain conditions. The dermal layer is the layer of skin between the epidermal and the subcutaneous tissues. Accidental skin burns are increasing day by day. Life-threatening skin injuries, traumas, and burns require immediate surgical procedures to restore skin and avoid future complications. Skin burns may be due to heat, fire, radiation, or chemicals. Skin burns are of three levels i.e. 1st, 2nd, and 3rd degree burns. A first-degree burn affects the only outer layer of the skin causing redness, pain, and swelling, a second-degree burn affects the outer layer as well as the er skin layer and may extend downward into the dermis. Third-degree burn affects all layers of skin and deep into the internal organs.

Artificial skin is generally prepared from collagen which is easily resorbed by the body and helps to generate new skin on the affected part. Continuous research is carried out by various companies to develop new technology in artificial skin regeneration, such as autologous spray on skin by Avita Medical.

Regenerative Artificial Skin Market: Drivers and Restraints

The regenerative artificial skin market is expected to rise owing to the rising incidence of burns and increased accidents involving fire. Apart from this, increased skin diseases, harmful acid accidents, and major body surgeries positively impact the regenerative artificial skin market over the forecast period. However regulatory approval of regenerative artificial skin acts as a hamper to the growth of the market. Also acceptance by the body, sterile products, and nutritional supply to regain the natural structure hamper the growth of the regenerative artificial skin market.

Regenerative Artificial Skin Market: Region-wise Outlook

Geographically, the regenerative artificial skin market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America and Europe will remain key markets for regenerative artificial skin market due to deeper market penetration of the procedures and the strong presence of big players in the market. Asia Pacific is anticipated to register positive growth owing to increased cosmetic surgeries and rising incidence of accidental burns.

Regenerative Artificial Skin Market: Key Players

• Integra Life Sciences Corporation
• Mylan N.V.
• Johnson & Johnson Services, Inc.
• Smith & Nephew
• Mallinckrodt Plc.
• Molnlycke Health Care AB
• 3M
• Medtronic Plc.
• Mimedx Group
• Baxter Corporation

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Key Segments Covered in the Regenerative Artificial Skin Industry Analysis

Regenerative Artificial Skin Market by Material Type:

• Temporary Skin Material
• Single Layer Material
• Bi-layered Material
• Permanent Skin Material
• Epidermal Skin Material
• Dermal Skin Material
• Composite Skin Material
• Skin graft
• Allograft
• Xenograft
• Engineered Skin Material

Regenerative Artificial Skin Market by End User:

• Hospitals
• Clinics
• Burn Care Centers

Regenerative Artificial Skin Market by Region:

• North America Regenerative Artificial Skin Market
• Latin America Regenerative Artificial Skin Market
• Europe Regenerative Artificial Skin Market
• East Asia Regenerative Artificial Skin Market
• South Asia Regenerative Artificial Skin Market
• Oceania Regenerative Artificial Skin Market
• Middle East & Africa Regenerative Artificial Skin Market

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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