Global Biological Skin Substitutes Market Size, Share & Trends Analysis Report By Type, By End Use, By Application, By Regional Outlook and Forecast, 2024 - 2031
The Global Biological Skin Substitutes Market size is expected to reach $568.3 billion by 2031, rising at a market growth of 8.6% CAGR during the forecast period.
The North American market for biological skin substitutes leads globally, propelled by advanced healthcare infrastructure, significant investment in R&D, and a high prevalence of chronic wounds and burn injuries. Additionally, rising awareness about advanced wound care therapies and the continuous introduction of innovative products contribute to the segment's growth, making North America the dominant region for biological skin substitutes. Thus, the North America segment procured 40% revenue share in the biological skin substitutes market in 2023.
Chronic wounds, such as diabetic foot ulcers, venous leg ulcers, and pressure ulcers, are often challenging to heal due to underlying health conditions like diabetes, poor circulation, and prolonged immobility. It is anticipated that 1 to 2 percent of the population in developed countries will endure a chronic wound at some point in their lives. Additionally, Reconstructive surgeries, often performed after trauma, burn injuries, cancer treatments, or congenital disabilities, also drive the demand for biological skin substitutes. Many patients undergoing reconstructive surgery require skin grafts to restore skin loss due to injury or illness, and biological substitutes offer an effective solution by promoting natural healing and minimizing visible scarring. Reconstructive surgeries, often performed after trauma, burn injuries, cancer treatments, or congenital disabilities, also drive the demand for biological skin substitutes. Many patients undergoing reconstructive surgery require skin grafts to restore skin loss due to injury or illness, and biological substitutes offer an effective solution by promoting natural healing and minimizing visible scarring.
However, biological skin substitutes significantly advance wound care and skin regeneration, providing a promising solution for burn victims and individuals with chronic wounds. However, one of the primary barriers to their widespread adoption is the high cost associated with these products. Developing biological skin substitutes requires sophisticated, cost-intensive manufacturing processes, including the harvesting, processing, and preserving of human or animal-derived tissues. Hence, the high cost of biological skin substitutes restricts their accessibility, limiting their impact on global health outcomes in wound care and skin regeneration.
Type Outlook
Based on type, the market is bifurcated into human donor tissue-derived products and acellular animal-derived products. The human donor tissue-derived products segment garnered 64% revenue share in the market in 2023. This segment leads the market due to its high compatibility and acceptance rates within the human body, which results in improved healing outcomes.
End Use Outlook
On the basis of end use, the market is classified into hospitals, outpatient facilities, and research & manufacturing. The hospitals segment acquired 53% revenue share in the market in 2023. This prominence is attributed to hospitals' comprehensive infrastructure and specialized medical personnel, enabling them to effectively manage complex wound care cases.
Application Outlook
By application, the market is divided into acute wounds and chronic wounds. The chronic wounds segment garnered 47% revenue share in the market in 2023. These wounds are often challenging to heal and require long-term management strategies. Biological skin substitutes offer effective solutions by providing a conducive environment for tissue regeneration and reducing healing time.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment acquired 30% revenue share in the market in 2023. The European market is driven by increasing awareness of advanced wound care solutions, a growing elderly population susceptible to chronic wounds, and proactive government initiatives supporting healthcare advancements.
List of Key Companies Profiled
- Smith & Nephew plc
- Stryker Corporation
- MIMEDX Group, Inc.
- Organogenesis Holdings, Inc.
- Integra LifeSciences Corporation
- 3M Company
- Essity AB (BSN Medical)
- Zimmer Biomet Holdings, Inc.
- Vericel Corporation
- Molnlycke Health Care AB
Global Biological Skin Substitutes Market Report Segmentation
By Type
- Human Donor Tissue-derived Products
- Acellular Animal-derived Products
By End Use
- Hospitals
- Outpatient Facilities
- Research & Manufacturing
By Application
- Acute Wounds
- Chronic Wounds
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA