The Global Skin Substitutes Market is predicted to experience an impressive rate of growth during the forecast period of 2018-2028, according to the report “Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”. The development of advanced materials like nanofibers and hydrogels, and new manufacturing techniques that enable the production of consistent and reliable products are some of the factors driving growth in the global skin substitutes market. These advancements are likely to result in more effective products for the treatment of a wider range of skin injuries.
Moreover, the global skin substitutes market, particularly the biological substitutes, xenograft segment, is expected to benefit from the growing popularity of xenotransplantation. However, lack of awareness of skin substitutes, particularly in emerging countries, and a shortage of skilled professionals who can use and perform procedures using skin substitutes could slow down the global skin substitutes market growth.
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The Global Skin Substitutes Market can be categorized by type, application, end-user, and region. Based on type, the market can be divided into biological and synthetic skin substitutes. The biological skin substitute market dominated the market in 2022 due to its high success rate and low risk of rejection by the patient’s body. However, synthetic skin substitutes are also expected to witness significant growth in the coming years due to technological advancements in the field.
Autografts, allografts, and xenografts are the three categories of biological skin substitutes. Autografts are skin substitutes transplanted onto the affected area taken from the patient’s own body. They are commonly used when the patient has a small wound or injury, and enough healthy skin is available to cover the affected area. The success rate of autografts is very high as the body is less likely to reject the transplanted tissue. Allografts are substitutes that are taken from a donor, usually a cadaver. They are commonly used in the treatment of large burn injuries. However, there is a higher risk of rejection with allografts as the tissue is not from the patient’s body. Xenografts are substitutes taken from a different species, usually a pig, and are often used in the treatment of large burn injuries or cases where a patient has a weakened immune system. The risk of rejection with xenografts is very high, as the tissue is not from a human.
Regionally, the Asia Pacific region is expected to witness significant growth in the coming years in the global skin substitute market due to increasing investment in healthcare infrastructure and rising awareness of advanced wound care products.
Major companies operating in the Global Skin Substitutes Market are:
- Amarantus BioScience Holdings, Inc.
- Organogenesis, Inc
- Acelity L.P., Inc.
- Smith & Nephew plc
- BSN Medical GmbH
- Molnlycke Health Care AB
- Integra LifeSciences Corporation
- Medtronic Plc
- Tissue Regenix Ltd.
- Stratatech Corporation
These companies are investing in research and development to develop new and innovative products to meet the growing demand for advanced wound care products. One recent product launch in the field of skin substitutes is Apligraf, a product developed by Organogenesis. Apligraf is a bilayered skin substitute that contains both living cells and a matrix of proteins that mimic the structure of the skin. This product is designed to treat chronic wounds, such as diabetic foot ulcers and venous leg ulcers, and has been shown to be highly effective in promoting healing and reducing the risk of infection. Apligraf was first approved by the FDA in 1998, and has since been used to treat millions of patients around the world.
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“The global skin substitutes market has seen a number of exciting new product launches in recent years, as companies develop new and innovative products designed to improve the treatment of a range of skin injuries. These products are aimed at creating new solutions that are more effective, more versatile, and easier to use, and are likely to have a major impact on the future of the field. As the demand for effective skin substitutes continues to grow, it is clear that companies will continue to innovate and develop new products that can help improve patient outcomes and reduce the risk of complications, thereby creating prospects for the growth of global skin substitutes market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Skin Substitutes Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Biological v/s Synthetic), By Application (Acute Wounds v/s Chronic Wounds), By End User (Hospitals & Clinics, Ambulatory Surgery Centers, Others), By Region and Competition”, has evaluated the future growth potential of Global Skin Substitutes Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Skin Substitutes Market.
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