Composite Artificial Skin Market Size, Share, Growth, and Industry Analysis by Type (From Animal Cell Tissue, From Human Tissue) By Application (Hospitals, Wound Care Centers, Others), Regional Forecast To 2031

Updated On: 08 April 2024

Composite Artificial Skin Market Report Overview

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The global composite artificial skin market size was USD 1732 million in 2022 and market is projected to touch USD 4467.38 million by 2031, at a CAGR of 11.1% during the forecast period.

The skin is the largest organ of the human body. While covering such a large area, it is constantly exposed to the external environment. The skin provides protection to the human body against infections and regulates body temperature. But there might be times when this external layer of the body might suffer from burns or disorders. Composite artificial skin is used in these cases to substitute the natural, human skin.

Sometimes the burns suffered by an individual may be too severe and it may be difficult to locate any healthy skin on the person that can be used for treatment. This is when composite artificial skin is used to treat burns. Composite artificial skin closes the open wound, prevents infections, and improves the survival rate of the patient. Skin diseases such as psoriasis and eczema can also be treated using composite artificial skin. These disorders usually cover a large area of the body and medicines containing artificial skin may be more effective than other courses of treatment.

COVID-19 Impact: Sluggish Growth Due to Loss of Elderly Population

Many elderly people suffer from chronic wounds due to age and diseases. COVID-19 was especially dangerous for people with multiple disorders. It could cause pneumonia, organ failure, breathing difficulties, and other ailments. COVID-19 pandemic unfortunately severely affected the elderly population around the globe as they are more susceptible to the contagious disease and might suffer more as a result. This led to a reduction in the growth of the composite artificial skin market as a huge section of the market is dependent on wound patients and their treatment.

Latest Trends

"Innovations in Robot-Sensing to Accelerate Growth"

R&D in the field of robotics in healthcare are gaining momentum. A team of researchers at the California Institute of Technology has managed to create a new type of robot, a robot with a sense of touch. This could provide the robot with the ability to touch something and determine the texture, temperature, and if something is a toxic substance. This has been made possible with the use of composite artificial skin. The robot is provided with an arm that has artificial skin and the sensors on the skin are attached to a person. This person senses what the item is and responds accordingly. While this innovation is still in its prototype phase, it has potential applications in industries such as security, agriculture, and environmental protection. Such technological advances will certainly strengthen the market outlook in the future.

Composite Artificial Skin Market Segmentation

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• By Type Analysis

On the basis of type, the composite artificial skin market can be segmented into from animal cell tissue and from human tissue. From animal cell tissue segment commands the major share in the composite artificial skin market.

• By Application Analysis

According to application, the composite artificial skin market can be bifurcated into hospitals, wound care centers, and others. Hospitals are anticipated to dominate the composite artificial skin market.

Driving Factors

"Replacement of Animal Testing with Composite Artificial Skin to Boost Demand"

Animal testing is used as a basis for research in a lot of industries where there may be a need to model human skin. During this course of testing, animals suffer a lot and it causes them pain and discomfort. The majority of the experiments conducted using animal testing produce results that don’t even hold true for humans. Animal rights organizations around the world have been making constant efforts to put an end to animal testing. Many companies have also stopped conducting research using animals and started using composite artificial skin. This is going to expand the composite artificial skin market growth in the coming years.

"Growth in the Skin Care Industry to Stimulate Demand"

The cosmetics and skincare industries are booming these days. With people becoming more sensitive about their skin issues and companies coming out with new and innovative products at a rapid rate, there arises a need for testing these products, seeing how well they work, and what problems they solve. Research might be conducted on how the skin is affected by constant exposure to harmful ultraviolet rays of the sun. Another study might be conducted on how products such as sunscreens can be used by people as protection against these effects. These types of research don’t use actual humans but instead, use simulated skin such as composite artificial skin. The skincare industry is one of the major ways why the composite artificial skin market is expected to grow in the future.

Restraining Factors

"Expensiveness of Composite Artificial Skin Treatments to Reduce Growth"

While composite artificial skin treatments for burns and wounds are very effective, they are extremely expensive. It might not be possible for people from humble backgrounds to access such treatments. Only a certain section of the population might be able to afford such expenses. This could hamper the composite artificial skin market growth.

Composite Artificial Skin Market Regional Insights

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North America dominates the composite artificial skin market. North America is seeing a rise in its geriatric, diabetic, and obese population. These diseases are associated with chronic wounds. There is an increasing number of chronic wound patients in the region which is giving rise to the composite artificial skin market. Road accidents in the North American region are also increasing. The treatments involve the use of composite artificial skin as many road accident patients suffer severe burns.

Europe holds a substantial composite artificial skin market share. As industries conduct more research and development activities, it is giving a rise to the composite artificial skin market in this region. In addition to increasing R&D, a large geriatric population base will augment the regional growth in the coming years.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Integra LifeSciences (U.S.)
• Smith & Nephew (U.K.)
• Organogenesis (U.S.)
• MiMedx (U.S.)
• Tissue Regenix (U.K.)
• Mylan (U.S.)
• Allergan (Ireland)
• PermeaDerm (U.S.)
• Yantai Zhenghai Bio-Tech (China)
• Guanhao Biotech (China)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.