Increasing prevalence of skin burns, excessive wound exudation and other skin injuries, growing awareness about benefits of dermal regeneration, and rising applications of skin grafting procedures are key factors expected to drive global market growth.
Increasing prevalence of skin burns, excessive wound exudation and other skin injuries, growing awareness about benefits of dermal regeneration, and rising applications of skin grafting procedures are key factors expected to drive global market growth
According to Emergen Research, the global dermal regeneration template market size was USD 722.1 million in 2020 and is expected to reach USD 1581.9 million in 2028 and register a steady revenue CAGR of 10.2% during the forecast period, 2021-2028.
Market Dynamics:
Dermal regeneration template (DRT) is a two-layer skin regeneration system that helps in protecting wounds from infection and controlling heat and moisture loss. The outer layer is made up of a thin silicon film that acts as the skin’s epidermis and the inner layer is a complex matrix of cross-linked fibers. DRT is a collagen-glycosaminoglycan scaffold with optimized microstructural properties that produce bioactive extracellular matrix for inducing sequential regeneration of underlying dermis. Fortified, fenestrated, and single layer are the three most common dermal regeneration templates used in critical cases such as loss of skin, acute and chronic burns, degloving injuries, chemical burns, or excessive wound exudation.
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Factors such as high prevalence of chronic diseases such as cancer, diabetes, genetic disorders, and dermatological diseases, increasing focus on spotless clear skin, growing demand for single layer dermal regeneration for deep facial cuts, and rising disposable income among individuals are expected to drive global market growth during the forecast period. However, limited applications of dermal regeneration template in excision therapy, high cost of dermal regeneration treatment, and low consumer awareness about dermal regeneration template in many developing and underdeveloped economies are some key factors that can hamper market growth to a certain extent during the forecast period.
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Chronic Wounds Segment To Register Rapid Revenue CAGR:
The chronic wounds segment is expected to register rapid revenue CAGR over the forecast period. Revenue growth of this segment can be attributed to increasing prevalence of chronic diseases, high chances of acquiring chronic wounds such as ulcers, ischemic wounds, infections, surgical wounds, and wounds from radiation poisoning, and rising demand for advanced dermal regeneration techniques for treating chronic wounds.
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Hospital Segment to Account for largest Revenue Share:
The hospital segment is expected to account for largest revenue share between 2021 and 2028. Factors such as increasing number of private hospitals across the globe, large patient pool, rising healthcare expenditure, and availability of advanced dermal regeneration treatment and devices at many medium to large scale hospitals are expected to drive revenue growth of the segment during the forecast period.
North America to Lead In Terms of Revenue Share:
North America is expected to account for largest revenue share in the global market during the forecast period. Revenue growth can be attributed to factors such as increasing prevalence of chronic diseases and skin injuries, rapid advancements in skin grafting techniques, rising awareness about the importance of dermal regeneration templates, and presence of well-developed healthcare infrastructures. Other factors such as increasing investments in dermatological-based research activities, presence of leading market players, and growing inclination toward personalized medicines are expected to drive North America market growth during the forecast period.
Major Companies in the Market Include:
- Integra LifeSciences Corporation
- Gunze Co., Ltd
- Stratatech Corporation
- HANS BIOMED Corporation
- Eurosurgical Ltd.
- MedSkin Solutions Dr. Suwelack AG
- Mylan Bertek Pharmaceuticals
- Advanced BioHealing, Inc.
- Matricel GmbH
- Dermagraft
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For the purpose of this report, Emergen Research has segmented the global dermal regeneration template (DRT) market based on type, application, end use, and region:
Type Outlook (Revenue, USD Million; 2018–2028)
- Fortified Type
- Fenestrated Type
- Single Layer Type
Application Outlook (Revenue: USD Million; 2018–2028)
- Massively Burned Patients
- Acutely Excised Wounds
- Chronic Wounds
- Others
End Use Outlook (Revenue: USD Million; 2018–2028)
- Hospital
- Wound Care
- Others
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Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
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