Europe Biological Skin Substitutes Market Size & Outlook
Europe biological skin substitutes market, 2018-2030 (US$M)
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Europe biological skin substitutes market highlights
- The Europe biological skin substitutes market generated a revenue of USD 65.9 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, human donor tissue-derived products was the largest revenue generating type in 2023.
- Human Donor Tissue-Derived Products is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 65.9 million |
| Market revenue in 2030 | USD 116.5 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Human donor tissue-derived products |
| Fastest growing segment | Human Donor Tissue-Derived Products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Human Donor Tissue-Derived Products, Acellular Animal-derived Products |
| Key market players worldwide | 3M Co, Organogenesis Holdings Inc Class A, Integra Lifesciences Holdings Corp, Smith & Nephew PLC, MiMedx Group Inc, Essity AB Class B, Stryker Corp, Vericel Corp, Mallinckrodt PLC Ordinary Shares - New, Tissue Regenix |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.5% of the global biological skin substitutes market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 174.8 million by 2030.
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Biological Skin Substitutes Market Scope
Biological Skin Substitutes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe biological skin substitutes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biological skin substitutes market will help companies and investors design strategic landscapes.
Human donor tissue-derived products was the largest segment with a revenue share of 67.07% in 2023. Horizon Databook has segmented the Europe biological skin substitutes market based on human donor tissue-derived products, acellular animal-derived products covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the most advanced regions globally with advanced technologies and infrastructure, resulting in better healthcare facilities and patient care. Players seeking entry into the Europe market require extensive knowledge regarding different regulatory procedures and services in various member states of the European Union.
Small and midsized medical device companies without a regulatory affairs department usually hire a regulatory consultant or a legal representative to assist them through the various stages of the regulatory approval processes required for commercializing their products in Europe. Medical device manufacturers in the EU are anticipated to face major changes in the old regulatory framework, which would affect market access or entry.
The EU Medical Device Regulations (MDR) are expected to replace the current Medical Device Directive (93/42/EEC) and the Directive on active implantable medical devices (90/385/EEC).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biological skin substitutes market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biological skin substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe biological skin substitutes market size, by country, 2018-2030 (US$M)
Europe Biological Skin Substitutes Market Outlook Share, 2023 & 2030 (US$M)
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