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As per the market analysis, The skin graft
market is expected to reach USD 4,400 Million by 2030 at 7.01% CAGR during the
forecast period 2022-2030. Skin Graft Market Share is growing
at a rapid rate owing to increasing cases of skin cancer, burns, and other
wounds. In skin grafting, healthy skin is taken from an area of the body to
cover the damaged and lost skin.
The increasing cases of skin infections,
burn injuries, and surgeries have contributed to the growth of the Skin Graft Market worldwide. The
process of skin grafting is complex and expensive. This may restrain the growth
of the Skin Graft Sector in the coming years.
COVID-19
Analysis
The onset of the COVID-19 pandemic has
affected all industry sectors, and the Skin
Graft Market is no different. Due to strict lockdown measures, many
planned surgeries were postponed. This affected the Skin Graft Market Growth.
During the pandemic, the availability of fully processed skin used for needed
for burn patients was limited. The dip in non-planned medical visits, delay in
diagnosis of skin cancer, lack of skilled healthcare etc., affected the growth
of the Skin Graft Market
negatively. But, the market is reviving, and companies are investing in
surgical settings and technological improvements to treat burn patients and
patients diagnosed with skin cancer. These factors will help the Skin Graft Market Size to grow
significantly in the coming years.
Key
Players:
The Skin
Graft Market is huge. There are regional and global players in this
market. The Key
Skin Graft Market Players are adopting strategies, such as partnerships,
mergers, acquisitions, product launches, and product upgradation, to remain at
the top and dominate maximum Skin Graft
Market Share. In 2017, EXSURCO introduced a new skin
and wound grafting device to be used for burn centres. In 2019, a prosthetic
limb socket was developed from recycled plastic bottles at De Montfort
University.
Market
Segmentation
The global Skin Graft Market is segmented based on type, thickness,
equipment, application, end-users, and region.
Based on graft type, the sub-segments are
allogeneic, autologous, xenogeneic, isogeneic, and prosthetic.
Based on thickness, the sub-segments are
full-thickness, split-thickness, and composite graft.
Based on equipment, the sub-segments are
air dermatomes, electric dermatomes, drum dermatomes, and knife dermatomes.
Based on end-users, the sub-segments are
hospitals, ambulatory surgical centres, dermatology clinics, and academic
research centres.
Based on application, the sub-segments of
the Skin Graft Market are burnt
skins, surgical wounds, skin cancer, and infection.
Regional
Classification
The Skin
Graft Market is segmented into these regions- North America, Europe,
South America, Asia-Pacific, and the Middle East and Africa. The North American
region is expected to dominate the maximum Skin Graft Market Revenue during the forecast period 2022-2028.
The huge investment in healthcare, favourable reimbursement of skin-care
treatment and adoption of new technologies in this region will contribute to
the growth of the Skin Graft Market
significantly. Europe will hold the 2nd largest position in the Skin Graft Market.
The Asia-Pacific region will also witness
significant growth in this sector owing to rising demand for skin grafting,
favourable government initiatives for burn and trauma patients, and skilled
surgeons.
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