Germany Biological Skin Substitutes Market Size & Outlook
Germany biological skin substitutes market, 2018-2030 (US$M)
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Germany biological skin substitutes market highlights
- The Germany biological skin substitutes market generated a revenue of USD 14.8 million in 2023 and is expected to reach USD 27.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.3% 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.
Biological skin substitutes market data book summary
| Market revenue in 2023 | USD 14.8 million |
| Market revenue in 2030 | USD 27.7 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Human donor tissue-derived products |
| Fastest growing segment | Human Donor Tissue-Derived Products |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.6% of the global biological skin substitutes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany biological skin substitutes market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 27.7 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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Germany 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 67.57% in 2023. Horizon Databook has segmented the Germany 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.
Germany medical technology market consists of 95% of small and medium-sized companies or subgroups of larger companies. Germany produces medical equipment of high quality, putting extra emphasis on diagnostic imaging, optical technologies, dental products, and surgical instruments. Germany is the third-largest market in the world and the largest market in Europe.
Germany held the dominant share of 27.02% of the Europe medical device outsourcing market in 2023. The substantial share can be attributed to the rise in the need to curb healthcare expenditure in this region. Furthermore, a shorter product development cycle, improved organizational effectiveness, and greater access to higher technology are some other benefits provided by outsourced consulting services, which is promoting the demand for outsourcing in the country.
Owing to the growing demand for medical device outsourcing in the country, CDMOs are expanding their presence in Germany. For instance, in February 2023, Sanner Group expanded its medical device manufacturing facility in Bensheim into Germany. The expansion included the addition of space for the manufacturing of diagnostics, pharmaceutical drug delivery solutions, and medical technology. The adoption of these strategies by market players is expected to boost the Germany market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany biological skin substitutes market , including forecasts for subscribers. This country databook contains high-level insights into Germany biological skin substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany biological skin substitutes market size, by type, 2018-2030 (US$M)
Germany Biological Skin Substitutes Market Outlook Share, 2023 & 2030 (US$M)
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