Impact of COVID-19 Pandemic on Regenerative Artificial Skin Market Future Scope Competitive Analysis and Revenue till 2028
The growing incidence of accidental skin burns around the globe is uplifting the growth of the regenerative artificial skin market. According to the Center for Disease Control (CDC), 1.1 million people suffer burn injuries that require medical attention every year in the United States. Approximately 50,000 of these burn victims require hospitalization and 20,000 suffer major burns covering 25% of their body surface. Moreover, growing research and development activities, and new product launches by key players are some of the other factors accelerating the market growth.
For instance, in April 2019, South Korea-based T&R Biofab registered a patent for its 3D bioprinting technology to create artificial skin. The technology operates through the 3D printing of dermal and epidermal cells that uses a porous 3D structure to form skin with similar characteristics to actual tissue
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According to the Skin Cancer Foundation, each year over 5.4 million cases of non-melanoma skin cancer are reported and over 3.3 million people are treated for the same in the U.S. Also, there are more new cases of skin cancer reported than the combined incidence of cancers of the breast, prostate, lung, and colon each year.
Regenerative Artificial Skin has been designed specifically to regenerate the skin on burn patients or those who have had surgery. The skin on burn patients is very fragile and damage from radiation can cause it to wither and die. When doctors place these artificial skins over burn patients, they find that the skin looks and feels like normal skin. It also enables the patients to heal quicker. These skin patches are designed so that they can be surgically placed and removed at a later date.
Skin burns occur because the body reacts to injury by creating histamines. There are many different types of burns but the common ones are based on exposure to heat, chemicals, or radiation. In order to treat these wounds, doctors use different types of artificial skin substitutes which appear to look and feel like real skin. There are many different types of burn treatment including cauterization, radiation, and surgical excision. With the help of burn victims, the technology to create such artificial wounds is now available and doctors are able to treat their patients much more quickly.
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Top Key Players:
acquire Solsys Medical, LLC, and a regenerative medical company.
In February 2021, Beiersdorf has launched O.W.N face care brand. O.W.N uses artificial intelligence and is built around a proprietary algorithm that brings together Beiersdorf’s profound 140 years’ skincare expertise and consumer knowledge.
Regenerative Artificial Skin Market Segmentation
The global regenerative artificial skin market is segmented on the basis of material type, end user and region.
On the basis of material type, the regenerative artificial skin market is segmented into temporary skin material, permanent skin material, and composite skin material.
Temporary skin material: Its effect lasts between several months and 2.5 years, depending on the type, quality, and quantity of injected material.
Permanent skin material: These are epidermal skin and dermal skin materials. Bio-Alcamid is a synthetic polymer that contains 97% water. It is injected into the inner tissue to fill and thicken it.
Composite Skin Material: These are further sub-segmented into skin graft and engineered skin material.
On the basis of end user, the global regenerative artificial skin market is segmented into hospitals, clinics, and burn care center. In hospitals, regenerative artificial skin technology is used in the treatment of deep skin wounds and also in plastic surgery. Healthcare providers use artificial skin to treat chronic wounds. Specialized burn care center extensively use artificial skin technology to treat burnt skin.
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