The Skin Graft Market is experiencing several changes owing to extensive strategic implementations by several key manufacturers. Merger, acquisition, and collaboration are a few tactics that are widely popular. For instance, Avista Healthcare Public Acquisition Corp. is merging with Organogenesis Inc. to expand their market portfolio. B. Braun Medical Inc. has recently acquired NxStage Medical, Inc. which can be considered exemplary.
Key players profiled in the Skin Graft Market report are Organogenesis, Inc., Specmed Medical, Stratatech Corp, Tissue Regenix Group PLC, Avita Medical, Convatec Inc, Medtronic, Coloplast, B.Braun Melsungen, Zimmer Biomet and others.
Skin Graft Market – Sketch
Aesthetics have emerged as a major segment in surgery. Skin grafting plays an essential role in it. The process involves surgical procedure integrating replacement of skin from the uninjured part and covering the wounded section. The skin grafting market, in recent times, is experiencing boons of advanced technologies that have found a way in the healthcare sector. The global skin graft market to experience an impressive 13.5% CAGR during the forecast period (2017-2023), claims Market Research Future (MRFR) in an extensively studied report that includes chief factors controlling the market and various segments for a better prediction of the future market. Technological advances in dermatomes are widening the opportunity for skin graft industry to penetrate healthcare further.
The Skin Graft Market is chiefly driven by rise in cases of accidents, burns, surgeries requiring removal of skin, skin loss due to infection such as necrotizing fasciitis or purpura fulminans and cancer etc. The rise in the number of plastic surgeries due to the growing influence of the fashion and media industry coupled with the development of tourism sector has led to the growth of the market. The Global Skin Graft Market represents a bipolar outlook with huge difference in the rural and metropolitan regions. The developed metropolitan regions especially with tourism and fashion industry sectors such as Bangkok, Las Vegas, and Los Angeles etc. have skin graft surgeries disproportionate to their population and needs.
The Skin Graft Market is led by the product development strategy which is being witnessed in the equipment section and most prominently the dermatome. Dermatome is a surgical instrument used to create thin slice the skin in skin grafting. Latest technological developments have led to the development of advanced dermatomes such as air dermatome which is more efficient and allows for greater control and accuracy in slicing skin of uniform thickness. As the use of dermatomes is dependent on the skill of the surgeons, scarcity of skilled surgeons is acting as a constraint on the global skin graft market.
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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 for Global Skin Graft Market
The global skin graft market can be segmented by graft type, graft thickness, equipment, applications, and end-users.
Based on graft type, the skin graft market can be segmented into autologous, isogeneic, allogeneic, xenogeneic and prosthetic.
Based on graft thickness, the skin graft market includes split-thickness, full-thickness, and composite graft.
Equipment-based segmentation of the skin graft market includes dermatome, general surgical instruments, consumables, and others. Dermatomes can further be segmented into knives dermatomes, drum dermatomes, electric dermatomes, and air dermatomes.
Application-wise, the skin graft market comprises extensive wound, burns, extensive skin loss due to infection, skin cancers, and others. Based on the equipment, the market has been segmented as dermatome (knives dermatomes, drum dermatomes, electric dermatomes, air dermatomes), general surgical instruments, consumables, and others.
Based on end-users, the skin graft market consists hospitals and clinics, academic and research and others.
Regional Analysis for Global Skin Graft Market
Region-based analysis of the skin graft market includes North America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA).
North America tops the list with the maximum share of the market revenue. The region owes it supremacy to favorable reimbursement scenario and substantial healthcare expenditure. Furthermore, heavy investment in the healthcare sector can also be considered a reason behind such market growth.
Europe’s increasing awareness and growing amount of disposable income are helping the market to attain a favorable ground for further market expansion, whereas, the APAC is riding fast on the revamped model of healthcare sector with China and India playing recognizably in the region’s growth. However, poor economic and political scenario are going to hold back the MEA region’s market growth.
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