Global Tissue Engineered Skin Substitutes Market Size & Outlook
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 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 size, by regions, 2016-2027 (US$M)
Top 10 countries: Tissue engineered skin substitutes market size, 2020 (US$M)
Global tissue engineered skin substitutes market share, by product, 2020 & 2027 (%, US$M)
Tissue engineered skin substitutes market: Opportunity assessment by country
Global tissue engineered skin substitutes market, by region, 2020 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 28.1 | 29.0 | 29.9 | 30.8 | 31.8 | 32.9 | 34.0 | 35.2 | 36.4 | 37.7 | 39.1 | 40.6 | 3.5% |
| Europe | 9.1 | 9.5 | 10.0 | 10.5 | 11.0 | 11.5 | 12.1 | 12.7 | 13.4 | 14.1 | 14.9 | 15.7 | 5.2% |
| Asia Pacific | 6.0 | 6.2 | 6.4 | 6.6 | 6.9 | 7.1 | 7.4 | 7.6 | 7.9 | 8.2 | 8.6 | 8.9 | 3.8% |
| Latin America | 12.7 | 13.4 | 14.1 | 14.8 | 15.6 | 16.4 | 17.3 | 18.2 | 19.3 | 20.3 | 21.5 | 22.8 | 5.6% |
| MEA | 6.7 | 6.8 | 7.0 | 7.2 | 7.4 | 7.6 | 7.8 | 8.0 | 8.2 | 8.4 | 8.7 | 8.9 | 2.8% |
| Overall | 62.7 | 64.9 | 67.3 | 69.9 | 72.6 | 75.5 | 78.5 | 81.8 | 85.2 | 88.8 | 92.7 | 96.9 | 4.2% |
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