Changing aspects of artificial skin market
With increasing numbers of burns and injuries is leading the growth of artificial skin market. Other factors such as-
• Increasing awareness about artificial skin treatment availability
• Growing variation of the skin regeneration treatments in plastic surgery department
• Increasing application of artificial skin into beauty and skincare will bolster the market growth.
Though, expensive treatment and high cost of artificial skin products and complications related to adverse reaction of the surgery will hamper the growth of the artificial skin market.
Market summary:
Key market players are focusing on new and innovative product launches which will increase market share. In addition to this, companies are advancing the artificial skin technologies with the use of robotics and maximize application of the products. Collaborations, mergers, acquisitions and partnerships are key strategies adopted by global market. In 2018, Shiseido Company occupied Olivo Labs, LLC for pioneering in XPL second skin technology.
Regional analysis:
North America and European market are key market in global artificial skin market owing to new and innovative skin technologies, adaption of skin treatments and presence of key market players.
Asia-Pacific market have a lucrative growth opportunity due to increased adaption of artificial skin treatments especially in emerging economies such as India and china which have demands for treatment for burns and artificial skin.
Notable market development:
Avita Medical launched its ReCell autologous cell harvesting device (spray on skin), in 2017 for burns treatment.
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Some of the key market players for global artificial skin market are-
• Integra Life Sciences Corporation (U.S.)
• Johnson & Johnson Services, Inc. (U.S.)
• Mylan N.V. (U.K.)
• Mallinckrodt plc (U.K)
• Smith & Nephew plc (U.K.)
• Shiseido Company, Limited (Japan)
• Greiner Group AG (Austria)
The global artificial skin market is divided into following categories-
By need for patient
• Spray-on Skin
• Temporary Skin Graft
• Permanent Skin Graft
• Artificial Electric Skin (e-Skin)
• Gelatin-Contained Artificial Skin
• Composite Biocompatible Epidermal Graft
By end-users
• Retail Pharmacies
• Hospitals
• Others
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By geographical regions
• North America
• Europe
• Latin America
• Asia Pacific
• Middle East and Africa
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