Companies such as L’Oreal and Proctor & Gamble leverages 3D printing technology to develop artificial skin replacement products Some of the key players in the skin replacement market include Platelet BioGenesis, Tengion, and Cellular Dynamics International, TissueGene, Inc., Cynata Therapeutics Limited, L’Oreal and Proctor & Gamble.

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Skin Replacement Market – Global Industry Insights,
Trends and Opportunity Analysis, 2016-2024

2. Skin Replacement Market Introduction
Cosmetic industry has been a success story over the last few years compared to other consumer products.
In cosmetic industry, skin replacement market is gaining remarkable share worldwide. The trend is
attributed primarily to burn injuries and technological adoption to treat various skin-related issues. Burnt
skin induces the growth of microbes and bacteria that ultimately results in rapid loss of body fluids. Thus,
to protect the skin traditionally skin grafts from the donors or cadavers were used. However, uptake of
these substitutes was impeded due to probability of graft rejection and unavailability of large skin patch.
Hence, to resolve the problem synthetic skin substitutes came into picture to treat deep skin wounds which
promotes regeneration of artificial skin. These technological advancements have led to enhanced survival
of burned patients and in the past years several skin replacement products have been used for the
treatment of chronic wounds. Skin replacement market is likely to grow at a relatively moderate pace in-
between 2016 to 2020 before taking upward trend to 2023. The average sales is expected to go above
1.5X between 2016 and 2023.
Digital disruption along with increasing penetration of 3D printing technology is expected to drive
the skin replacement market
Burn injuries have increased over the last few years. According to independent estimates, over 1.5 million
population in the U.S. suffers from burn related skin loss each year. Similarly, in the United Kingdom
approximately 175,000 report to emergency departments for the burn injuries and of these approximately
13,000 require hospital admissions. As a result, skin replacement product is expected to gain traction with
innovative products being launched in the market including artificial skin. The industry will be further driven
by increasing 3D printing technology in healthcare. Companies such as L’Oreal and Proctor & Gamble
leverages 3D printing technology to develop artificial skin.
View the full Report @ https://www.coherentmarketinsights.com/ongoing-insight/skin-
replacement-market-4
Market Taxonomy:
Coherent Market Insights has segmented the skin replacement products market by
• Technology
• Product
On the basis of technology, 3D printing technology is expected to be the attractive segment driving huge
revenue for market players. Skin grown in laboratories will dominate the market throughout the forecast
period.
Various types of skin replacement products have been divided in three major categories namely
permanent skin replacement products, temporary skin replacement products and cultured epidermal skin
replacement products.
North America to dominate the skin market with US$ 25 Bn spending on wound treatment and
presence of over 14% geriatrics population
Report Description

3. The skin replacement market report covers market analysis across regions – North America, Europe, Asia
Pacific, Latin America, Middle East and Africa.
Global skin replacement market is witnessing a positive trend with North America and Europe as the main
engine of growth. North America and Europe are expected to capture a major chunk of the market before
easing out to Asia Pacific market by 2020.
North America currently represents the largest regional market for skin replacement products followed by
Europe. A rise in the number of burn cases has been majorly driving the skin replacement substitutes
market in these two regions.
Penetration rate of skin replacement products in Asia Pacific is still at its nascent stage. However, the
growth will gain upward trend by mid of forecast period. The growth will be driven by India and Japan.
Ask for Free TOC @ https://www.coherentmarketinsights.com/ongoing-insight/toc/4
Companies such as L’Oreal and Proctor & Gamble leverages 3D printing technology to develop artificial
skin replacement products
Some of the key players in the skin replacement market include Platelet BioGenesis, Tengion, and Cellular
Dynamics International, TissueGene, Inc., Cynata Therapeutics Limited, L’Oreal and Proctor & Gamble.
Companies need to emphasis on value creation by channelizing product manufacturing capability with
digital marketing. Close collaboration with leading life science universities could further help companies
to deliver innovative skin replacement products in the market.
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4. on lucrative growth opportunities in the market and to follow firmly position themselves on a high growth
path in the future.
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