Regenerative Artificial Skin Market is estimated to be US$ 5500.1 billion by 2034; Increasing Cases of Skin Injuries and Burns as well as Increasing Emergence of Robust Technologies to Boost the Market Growth

Published Date: April 2024

Regenerative artificial skin market incorporates research and robust developments to support artificial skin regeneration caused due to various skin injuries and burns.  

The increase in the occurrences of skin burns and accidents involving fire across the population is the key factor leading to the growth of the target market. Moreover, the persistent development of numerous technologies in this domain is expected to enhance the growth of the Regenerative artificial skin market.

The report “Regenerative Artificial Skin Market, By Material Type (Temporary Skin Material, Permanent Skin Material, and Composite Skin Material), By End User (Clinics, Hospitals, and Burn Care Center) and Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast Till 2034

 Key Highlights:

  • In January 2023, Terasaki Biomedical Innovation Institute (TIBI) researchers created the first electronic skin (E-skin) chip for cutting-edge health monitoring in January 2023. Their special E-skin patch offers simultaneous and continuous monitoring of several bodily factors, assuring temperature, humidity, and breathability. This is made possible by an ideal choice of materials combined with a revolutionary production technique.
  • In February 2018, AVITA Medical announced that the US Food and Drug Administration (FDA) has approved a significant increase in the number of cases who can be treated with the “ReCell Autologous Cell Harvesting Device” in the US under the Compassionate Use Investigational Device Exemption (IDE) program. ReCell is a device that allows doctors to treat injuries and skin lesions using minute samples of the patient's own cells. The procedure is performed at the bedside and takes approximately 25 minutes, and does not require laboratory installations, external tissue culture or specialized personnel.

Analyst View:

The key factor driving the growth of the Regenerative Artificial Skin Market is the growing prevalence of chronic wounds, skin burns and injuries precisely caused by fire. The constant increase in the demand for temporary as well as permanent skin patches and materials across the population is another factor leading to the growth of the target market. The escalating number of diabetic patients and the necessity of fast wound healing is another factor which is contributing towards the growth of the Regenerative Artificial Skin Market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Global Regenerative Artificial Skin Market, By Material Type (Temporary Skin Material, Permanent Skin Material, and Composite Skin Material), By End User (Clinics, Hospitals, and Burn Care Center) and Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast Till 2034

Key Market Insights from the report:

Regenerative artificial skin market accounted for US$ 2523.73 billion in 2024 and is estimated to be US$ 5500.1 billion by 2034 and is anticipated to register a CAGR of 8.20%. The Regenerative artificial skin market is segmented based on Material Type, End User, and by Region. 

  • Based on Material Type, Regenerative artificial skin market is segmented into temporary skin material, permanent skin material, and composite skin material. 
  • On the basis of End User, Regenerative artificial skin market is segmented into clinics, hospitals, and burn care center.
  • By Region, the Regenerative artificial skin market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of the Global Regenerative Artificial Skin Market:

The prominent players operating in the Regenerative artificial skin market include, Smith & Nephew, Integra Life Sciences Corporation, Johnson & Johnson Services, Inc., MylanN.V. and Mallinckrodt plc.

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