Quick Summary:
Within the revolutionary realm of medical biotechnology, the global Tissue Engineered Skin Substitutes market is reaching meteoric heights, projecting to nearly double from US$ 2.2 Billion in 2022 to US$ 4.8 Billion by 2030. The unmatched utility of these substitutes in the treatment of numerous skin-related disorders and wounds is fueling the steady surge in this market's acceptance and value. If you're considering participation in this dynamic sector, it's essential to understand the landscape, competitors, and projected trends perfectly.
Our comprehensive market research report affords you that crucial knowledge. Beyond raw numbers, the report dissects individual segment growth, such as the Biological segment which is poised record an 11.3% CAGR, reaching US$2.6 Billion by 2030. Gain an exceptional understanding of geographical markets too, with detailed analysis of noteworthy markets like the U.S, China, Japan, Canada, and Germany. Filled with incisive coverage of 33 key competitors, this report offers an enriched understanding of your future competition on a global playing field. Don't stay in the dark - Unlock your potential with our intricate evaluation of the Tissue Engineered Skin Substitutes market.
Global Tissue Engineered Skin Substitutes Market to Reach $4.8 Billion by 2030
The global market for Tissue Engineered Skin Substitutes estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$4.8 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030. Biological, one of the segments analyzed in the report, is projected to record 11.3% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 10.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $637.6 Million, While China is Forecast to Grow at 9.9% CAGR
The Tissue Engineered Skin Substitutes market in the U.S. is estimated at US$637.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$822.5 Million by the year 2030 trailing a CAGR of 9.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.8% and 8.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.Select Competitors (Total 33 Featured) -
- Amarantus Bioscience Holdings, Inc.
- BSN medical
- ConvaTec Group PLC
- Integra LifeSciences Corporation
- Kerecis
- LifeNet Health
- Mallinckrodt
- Medline Industries, Inc.
- MiMedx
- Mölnlycke Health Care AB
- Organogenesis Inc.
- Regenicin
- Smith & Nephew
- Tissue Regenix
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Tissue Engineered Skin Substitutes?
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Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | October 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.2 Billion |
Forecasted Market Value ( USD | $ 4.8 Billion |
Compound Annual Growth Rate | 10.2% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amarantus Bioscience Holdings, Inc.
- BSN medical
- ConvaTec Group PLC
- Integra LifeSciences Corporation
- Kerecis
- LifeNet Health
- Mallinckrodt
- Medline Industries, Inc.
- MiMedx
- Mölnlycke Health Care AB
- Organogenesis Inc.
- Regenicin
- Smith & Nephew
- Tissue Regenix