Skin Graft Market overview
Skin grafts is a medical procedure that is performed when the injured skin cannot heal itself and in extreme cases it involves the operational procedure that turns out to be quite expensive. Many physicians also use the skin from another donor that makes the procedure more expensive.
Skin grafting is also known as skin harvesting and it includes a surgical procedure in case of burns, skin infections, and other skin problems. The cosmetics sector is also growing the skin grafting market with the changing lifestyle and the latest trends that are affecting the global market in a positive manner.
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The global skin graft global market report showcases the increased demand for skin grafts because of the increasing cases of burn injuries and skin infections. The rise of advanced technology equipment in skin grafts, attributing to the increased investment in the research and development activity, will positively open new opportunities for the skin grafts market. All these market factors for skin graft will lead to the growth of the global market for $7.5 billion by the end of 2023, moreover the market will be projected to grow at a CAGR of 13.5% for the forecast period from 2017-2023.
Key Players of Global Skin Graft Market:
Key players profiled in the report are
- Organogenesis Inc.
- Specmed Medical
- Stratatech Corp
- Tissue Regenix Group PLC
- Avita Medical
- Convatec Inc
- Medrotonic
- Coloplast
- B.Braun Melsungen
- zimmerbiomet
- Stratatech Corporation
- Zimmer Biomet
Skin Graft Market segmentation
The competitive landscape of the global skin grafts market is segmented owing to the prevalence and presence of various international and national players. On the basis of the skin graft type, the global market can be split into:
- Isogeneic
- Autologous
- Allogeneic
- Prosthetic
- Xenogeneic
Based on the growth of the global skin graft market can be further segmented based on the graft thickness, such as:
- Full-thickness
- Split-thickness
- Composite graft
And based on the applications, the global market can be classified into:
- Burns
- Extensive wounds
- Extensive skin loss due to infections
- Skin cancers
- Others
And according to the segmentation done based on the equipment, the global market can classified into:
- Dermatome
- Consumables
- General surgical instruments
And lastly based on end users, the market can be segmented into:
- Academic and research
- Hospitals and clinics
- Others
Skin Graft Market Regional segmentation
The global skin graft market is geographically distributed based on the involvement of various regions for the past few years. The United States accounts for the maximum shares in the skin graft market owing to the favourable reimbursement scenarios and expenditure in the healthcare sector. The introduction of new technologies in the US is also driving the market for global skin graft.
Europe is the second largest market with the rising awareness and the increase in the disposable incomes among the population. The market of China and India is also on its full potential with the gulf nations also participating in the skin graft market.
Skin Graft Industry news
Mallinckrodt has purchased Stratatech Corporation, a regenerative medicine company, for nearly $200 million. The company has announced a merger agreement that is focused on the development of unique, proprietary skin substitute products. These developmental products are using the regenerative skin tissue and a technology platform for genetically enhanced skin tissues.
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