Tissue Engineered Skin Substitutes Market Size Projected To USD 947.3 Million By 2027: Grand View Research, Inc.

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Tissue Engineered Skin Substitutes Market Size Projected To USD 947.3 Million By 2027: Grand View Research, Inc.

November 08
09:15 2021
Tissue Engineered Skin Substitutes Market Size Projected To USD 947.3 Million By 2027: Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the demand for tissue engineered skin substitutes is increasing owing to the technological advancements in healthcare, increasing prevalence of acute and chronic wounds, high demand for skin grafts, and rising awareness regarding various treatment options.

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.

 

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/tissue-engineered-skin-substitutes-market

 

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

 

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/tissue-engineered-skin-substitutes-market/request/rs1

 

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

 

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/450265/ibb

 

About Grand View Research

 

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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Website: https://www.grandviewresearch.com/industry-analysis/tissue-engineered-skin-substitutes-market

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