Global Skin Replacement Market Is Estimated To Witness High Growth Owing to Rising Number of Skin Burns and Rising Number of Human Surgeries

Skin Replacement Market
Skin Replacement Market 

 Overview:

Skin replacement is a surgery that uses healthy skin taken from another part of the body to replace damaged or missing skin. It is used for a variety of conditions, including burns and skin injuries. Skin grafts are used to cover large wounds, repair severe loss of skin and improve the appearance of damaged skin. They are performed under general anesthesia in a hospital. Bioengineered skin is an acellular, purely biosynthetic dermal substitute that has an outer epidermal layer and/or a dermal layer layered on a three-dimensional matrix made up of keratinocytes from a patient's skin. This matrix is designed to replace the functions of the epidermis and dermis by acting as an artificial skin barrier, regulating heat and fluid loss, and preventing infection.

Market Dynamics:

Growing product approvals are estimated to augment growth of the global skin replacement market over the forecast period. For instance, the RECELL System by AVITA Medical, Inc, received approval from Japan Pharmaceutical and Medical Devices Agency in February 2022. Moreover, adverse effects of skin grafting and rising costs of the treatment are anticipated to restrain growth of the global market over the forecast period.

Impact of COVID-19:

The pandemic was for first recognized in 2019 in Wuhan and then it was later transmitted globally. Strict regulations were implemented by several governments for avoiding the transmission of the virus. Lockdowns, quarantines, travel bans and social distancing were followed globally for preventing the transmission of the virus. The pandemic impacted the healthcare sector and caused many challenges. Various surgeries and clinical trials had to be delayed or cancelled due to the pandemic. Many clinics were shut down during the pandemic so consultation could not be done. Thus, COVID-19 had a negative impact on the global skin replacement market.

Key Takeaways:

According to Coherent Market Insights the Skin Replacement Market Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028. Due to increasing agreements among key players. For instance, Urgo Group SAS gained $27.7 million financial support from French government in April 2021, for developing artificial skin for treating massive burns and deep skin wounds. North America is anticipated to witness significant growth in the global market over the forecast period, owing to growing consumption of new technology and rising disposable income.

Major players operating in the global market are Allergan, Smith & Nephew Plc, Isto Biologics, MiMedx, U.S. Stem Cell, Inc., Tissue Regenix, LifeNet Health, Athersys Inc., Integra LifeSciences Corporation, CryoLife, Inc., Zimmer Biomet, ConvaTec Inc., NOUVAG AG, Specmed, De Soutter Medical, AVITA Medical, and Surtex Instruments Limited.

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