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Advances in regenerative medicine which is estimated to reach USD 328.9 billion by 2032 have led to the development of more sophisticated biological skin substitutes. These products are designed to closely mimic the properties of natural skin, offering improved wound healing outcomes. For instance, AVITA Medical, Inc.'s RECELL System has been launched for the treatment of full-thickness skin defects. This system harvests a patient's skin and creates a regenerative cell suspension, referred to as Spray-On Skin Cells, which promotes healing and re-pigmentation within the wound bed. Thus, patients and healthcare providers are increasingly turning to this type of advanced solutions, further fuelling market growth.
The acute wounds application segment accounted for over 59% share of the biological skin substitutes market in 2022 owing to advantages, such as higher incidence, immediate treatment requirements, and positive clinical outcomes.
The human donor tissue-derived products segment reached USD 188 million in 2022 attributed to advantages, such as exceptional biological compatibility, proven safety record, and established efficacy.
Biological skin substitutes industry size reached USD 287 million in 2022 and is estimated to record USD 640 million by 2032 due to higher adoption for replacing or regenerating damaged or lost skin tissue
Demand for biological skin substitutes in the U.S. reached USD 109 million in 2022 and is predicted to witness substantial growth through 2032 attributed to the annual increase in burn injuries in the nation