Global Tissue Engineered Skin Substitutes Market Size & Outlook
The tissue engineered skin substitutes industry worldwide is expected to reach a projected revenue of US$ 96.8 million by 2027. A compound annual growth rate of 4.2% is expected of the worldwide tissue engineered skin substitutes industry from 2021 to 2027.
Revenue, 2020 (US$M)
$72.6
Forecast, 2027 (US$M)
$96.8
CAGR, 2021 - 2027
4.2%
Report Coverage
Worldwide
Global tissue engineered skin substitutes market, 2016-2027 (US$M)
Related Markets
Global tissue engineered skin substitutes market highlights
- The global tissue engineered skin substitutes market generated a revenue of USD 72.6 million in 2020 and is expected to reach USD 96.8 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 4.2% by 2027.
- In terms of segment, biological accounted for a revenue of USD 30.2 million in 2020.
- Synthetic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 72.6 million |
| Market revenue in 2027 | USD 96.8 million |
| Growth rate | 4.2% (CAGR from 2020 to 2027) |
| Largest segment | Biological |
| Fastest growing segment | Synthetic |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic, Biosynthetic, Biological |
Other key industry trends
- In terms of revenue, the North America accounted for 43.9% of the global tissue engineered skin substitutes market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Germany is the fastest growing regional market and is projected to reach USD 251.4 million by 2027.
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Tissue Engineered Skin Substitutes Market Scope
Tissue engineered skin substitutes market segmentation & scope
Surgery & Trauma
Burn Injuries
Diabetic Foot Ulcers
Pressure Ulcers
Venous Leg Ulcers
Other Chronic Wounds
Tissue Engineered Skin Substitutes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tissue engineered 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 tissue engineered skin substitutes market will help companies and investors design strategic landscapes.
biological was the largest segment with a revenue share of 41.6% in 2020. Horizon Databook has segmented the Global tissue engineered skin substitutes market based on synthetic, biosynthetic, biological covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Tissue Engineered Skin Substitutes Product Outlook (Revenue, USD Million, 2016-2027)
- Synthetic
- Biosynthetic
- Biological
- Global Tissue Engineered Skin Substitutes Application Outlook (Revenue, USD Million, 2016-2027)
- Acute Wounds
- Surgery & Trauma
- Burn Injuries
- Chronic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Other Chronic Wounds
- Acute Wounds
- Global Tissue Engineered Skin Substitutes End Use Outlook (Revenue, USD Million, 2016-2027)
- Hospitals
- Wound Care Centers
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tissue engineered skin substitutes market, including forecasts for subscribers. This global databook contains high-level insights into Global tissue engineered skin substitutes market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global tissue engineered skin substitutes market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Tissue engineered skin substitutes market size, 2020 (USD Million)
Top 10 countries: Tissue engineered skin substitutes market size, 2020 (USD Million)
Global tissue engineered skin substitutes market, by region, 2020 (US$M)
Related regional statistics
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