Global skin graft market takes a bigger leap!
The global skin graft market is expected to grow at a CAGR of 7.6 per cent during the forecast period from 2018 to 2025 as it is estimated to account US$ 1371.9 million by 2025 as compared to US$ 770.5 million in 2017.
Leaving no market behind, the global skin graft market has penetrated in the developing countries as well as developing economies worldwide. The numbers provided by American Burn Association, during 2016, have provided the market to grow exponentially within the country. In the United States, there were 3,390 civilian deaths from fires, including 2,800 deaths from residential structure fires, 150 deaths from non-residential structure fires, 355 from vehicle fires, and 85 from outside and unclassified fires other than structure or vehicle fires.
What is Skin grafting?
Skin grafting is a surgery involving the transplantation of skin using various types of skin graft. Skin grafts are also used to treat extensive wounding or trauma and burns. The type of skin grafts used are autologous, allogeneic, xenogeneic, prosthetic, and isogeneic. Based on the intensity of the damage caused, these grafts can be used individually or along with another graft. The increase in the number of burn injuries, increasing demand and rising prevalence of skin cancer has accounted for the growth of the skin graft market during the forecast period.
The key players operating in the market of skin graft worldwide include Smith & Nephew, Mimedex, Tissue Regenix, Integra Lifesciences Corporation, Organogenesis, Inc., Zimmer Biomet, Nouvag, De Soutter Medical, Braun Melsungen AG, and Avita Medical among others.
Type: Autologous, allogeneic, xenogeneic, prosthetic, and isogeneic.
Graft thickness: Split-thickness, full-thickness and composite graft.
Equipment: Dermatome, general surgical instruments, consumables, and others
Application: Burns, extensive wound, skin cancer, and other applications
End-user: Ambulatory surgical centres, hospitals, and dermatology clinics.
Across the globe: Furthermore, the market is evaluated on the basis of five regions worldwide as North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Many market players are on the on-set of shifting their customer base in North America. As the region accounts for an increase in the number of burns and diabetes cases as well as technological developments in the skin graft. However, in the Asia Pacific, the market is expected to witness significant growth in the coming years. Additionally, to the increase in the number of diabetes as skin cancer cases, the incidents involving burn injuries have been rising constantly, which are expected to drive the market in the coming years.
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