The Global Skin Graft Market is predicted to touch USD 7.5 billion at a 13.5% CAGR over the forecast period (2017-2023), states the latest Market Research Future (MRFR) report.
Key Players
Leading players profiled in the skin graft market report include
- Zimmer Biomet,
- Stratatech Corporation,
- Zimmerbiomet,
- B.Braun Melsungen,
- Coloplast,
- Medrotonic,
- Convatec Inc,
- Avita Medical,
- Tissue Regenix Group PLC,
- Stratatech Corp,
- Specmed Medical,
- Organogenesis, Inc.,
among others. Key players have incorporated various strategies such as partnerships, expansions, mergers and acquisitions, product innovations and launches, research and development, and more to create a niche in the market.
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Skin Graft Market – Overview
Skin grafting, simply put, is a surgical method which includes skin removal from one area and transporting or moving it to another part of the body. Skin cancer surgery, bed sores or any other type of skin cancer which has not healed well, large, open wounds, deep burns, and skin infections, are some of the common reasons for a skin graft.
Various factors are propelling the skin graft market growth. Some of these factors, according to the Market Research Future report, include rising incidences of surgeries, burns, and accidents that need the removal of skin, skin loss due to cancer, purpura fulminans, or necrotizing fasciitis, technological advancements in dermatomes, and increasing incidences of skin cancer.
On the contrary, side-effects associated with skin grafting, and complications such as cost of treatment, pain, and infection are factors that may impede the skin graft market growth over the forecast period.
August 2019: An expert at DMU (De Montfort University) at Leicester has developed the first-ever prosthetic limb socket from recycled plastic bottles. This is cost-effective, durable, and comfortable for amputee patients.
Industry Trend:
Researchers from the University of Toronto have developed a hand-held device that could 3D print skin onto burn injuries providing faster, easier, and cheaper solution. This could prevent burn patients getting affected by infections, and the process would be less painful.
Researchers from Stevens Institute of Technology in collaboration with Texas A&M University, have unveiled a type of bandage that is a blend of advanced materials, conventional antibiotics, healing proteins, and nanotechnology. This bandage can help in treatment by delivering healing proteins and protective antibiotics and prevent patients from getting further infections.
Segments – Skin Graft Market
The MRFR report offers a wide segmental analysis of the skin graft market on the basis of graft thickness, graft type, applications, equipment, and end-users.
Based on graft type, the skin graft market is segmented into prosthetic, xenogeneic, allogeneic, isogeneic, and autologous. Of these, the autologous segment will lead the market over the forecast period.
Based on graft thickness, the skin graft market is segmented into composite graft, full-thickness, and split-thickness. Of these, split thickness will have the largest share in the market over the forecast period. This is owing to the different benefits that it offers such as better protection against infections, and quick healing time.
Based on applications, the skin graft market is segmented into extensive skin loss owing to skin cancer, infection, and others, burns, extensive wound, and others. Of these, the burns segment will have the largest share in the market over the forecast period.
Based on equipment, the skin graft market is segmented into consumables, general surgical instruments, dermatome, and others. The dermatome segment is again segmented into air dermatomes, electric dermatomes, drum dermatomes, and knives dermatomes. Of these, the dermatome segment will dominate the market over the forecast period.
Based on end users, the skin graft market is segmented into academic and research, hospitals and clinics, among others. Among these, hospitals and clinics will have the maximum share in the market over the forecast period.
Regional Analysis – Skin Graft Market
By region, the skin graft market report covers the latest trends and growth opportunities across North America, the Asia Pacific, Europe, and the Middle East and Africa. Of these, North America will dominate the market over the forecast period. This is due to expansion by leading market players and new product development. The US is the key contributor in this region owing to higher expenditure on healthcare, rapid market uptake of the latest technology, and favorable reimbursement scenario.
The skin graft market in Europe is predicted to have the second-largest share in the market over the forecast period. This is owing to rising awareness and huge disposable income.
The skin graft market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to the increasing number of burn injuries, burgeoning demand for skin grafting to treat skin cancer and burn injuries, and initiatives taken by the government such as burn injuries prevention as well as control programs. China, as well as Indiare the key contributors in this region.
The skin graft market in the Middle East and Africa is predicted to have a steady growth over the forecast period. This is owing to the poor political and economic conditions as well as poor healthcare penetration in Africa. The UAE and Saudi Arabia are the key contributors in this region.
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