Sweden Biological Skin Substitutes Market Size & Outlook
Sweden biological skin substitutes market, 2018-2030 (US$M)
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Sweden biological skin substitutes market highlights
- The Sweden biological skin substitutes market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 8.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 8.8% 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 5.0 million |
| Market revenue in 2030 | USD 8.9 million |
| Growth rate | 8.8% (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, Sweden accounted for 1.5% 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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Sweden 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 66% in 2023. Horizon Databook has segmented the Sweden 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.
According to Business Monitor International, Sweden is the fourth most attractive market in Western Europe for the commercialization of medical devices. Domestic production is strong in areas such as hospital wheelchairs, sterilizers, and blood pressure monitors. The majority of the local production is for export. The medical device manufacturing industry in Sweden is relatively small and employs approximately 18,000 people.
The majority of manufacturing firms are small to mid-size companies with a small number of MNCs having their own local subsidiaries. The International Trade Administration states that Sweden’s healthcare system is one of the most welldeveloped healthcare systems in the world. The average life expectancy in the country is 84 years for women and 81 years for men. The country has one of the oldest geriatric population in the world, which is 19.8%.
This is increasing the demand for medical devices in the country, thereby creating opportunities for market players in Sweden. Some key players operating in the country are Charles River Laboratories, Laboratory Corporation of America Holdings, and Parexel International Corporation.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden biological skin substitutes market , including forecasts for subscribers. This country databook contains high-level insights into Sweden biological skin substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden biological skin substitutes market size, by type, 2018-2030 (US$M)
Sweden Biological Skin Substitutes Market Outlook Share, 2023 & 2030 (US$M)
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