Skin Graft Market Size, DROT, Porter’s, PEST, Region & Country Revenue Analysis & Forecast Till 2027
| Skin Graft Market |
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. 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.
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Market
Segmentation
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
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 India, are 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.
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, and 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.
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.
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