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Skin Graft Market 2019: Analysis and Forecast Till 2026 By Companies Like : Smith & Nephew, Mimedex, Tissue Regenix, Organogenesis, Zimmer Biomet, Nouvag, De Soutter Medical, Braun Melsungen AG, Avita Medical

06-26-2019 09:49 AM CET | Health & Medicine

Press release from: Theinsightpartners.com

Skin Graft Market

Skin Graft Market

World Health Organization (WHO), the number of deaths due to burns account for 1, 80,000 globally. Majority of burns are reported from countries having low or medium income or in WHO African and South East Asia region. With the rise in number of burn injury, the demand for skin grafts for the purpose of replacing the damaged skin patch has increased during the recent years. As per the statistics of National Burn Repository (NBR), in 2016, around 486,000 burn injuries received medical treatment. Over 60% of the hospitalizations related to burn injuries were admitted to 128 burn centers.

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Market Growth Analysis:-

Global skin graft market is expected to reach US$ 1371.9 Mn in 2025 from US$ 770.5 Mn in 2017. The market is estimated to grow with a CAGR of 7.6% from 2018-2025, owing to factors such as an increasing number of burn injuries, increasing demand for skin grafts and rising prevalence of skin cancer. The Asia Pacific is the largest geographic market and it is expected to be the largest revenue generator during the forecast period.

List of Companies :-

• Smith & Nephew
• Mimedex
• Tissue Regenix
• Integra Lifesciences Corporation
• Organogenesis
• Zimmer Biomet
• Nouvag
• De Soutter Medical
• Braun Melsungen AG
• Avita Medical

Partnership/acquisition, and product launch & approvals were observed as the most adopted strategy in global skin graft industry. Few of the acquisition, partnership, product launches and approval made by the players in the market are listed below;

2018: The company showcased PuraPly at the Wound Healing Society (SAWC Spring | WHS) meeting which so that the attendees may gain information about the company’s comprehensive wound care portfolio.

2017: The company announced that DermaPure, utilizing patented dCELL Technology was included on the United States Department of Veteran Affairs (VA) Federal Supply Schedule (FSS) through a distribution agreement with ERA Health LLC dba Veteran's Health Medical Supply (VHMS).

2016: Integra LifeSciences Received FDA Approval of Integra Dermal Regeneration Template (IDRT) for the Treatment of Chronic Diabetic Foot Ulcers (DFU). The approval allowed the company to provide the clinicians and their patients with clinically tested products.

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Increasing Number of Burn Injuries:-

The major application areas of skin grafts include burns and skin infections. There has been rise in the number of burns and deaths caused due to burns. As per the American Burn Association, during 2016, in United States, there were 3,390 civilian deaths from fire, including 2,800 deaths from residential structure fire, 150 deaths from non-residential structure fire 355 from vehicle fire, and 85 from outside and unclassified fire other than structure or vehicle fire.

As there are constant occurrences of injuries caused due to burns in low and medium as well as high income countries, the demand for skin grafts are expected to grow in the coming years.

Social Stigma Associated with the Use of Walking Canes and Crutches Cost of Skin Grafting Procedures:-

Skin grafts are performed when the injured skin has lost its capability to heal itself, hence its operational procedure is expensive. In case of severe skin restoration, the physician may need to obtain skin from another donor, which may make the procedure more expensive compared to the cost if the skin would be if the skin is obtained from the same person. The total cost of the procedure may reach up to $4000 to $9000, excluding post operational treatment and consultation charges. The total cost of skin grafting is decided based on factors such as, the hospitalization charges, donor's fees, medications, surgeons’ fees, operational charges, post operational charges and consultation fees. The area of wound also determines the cost of the procedure.

Skin grafting procedures are covered under reimbursement policies. Skin grafts are covered under reimbursement policies. Medicare in the US has allotted Healthcare Common Procedure Coding System (HCPS) codes. The cost of skin grafting procedure. As per the Medicare Average Payment, the cost of skin substitute graft manufactured by ACell Inc for a total wound surface area up to 100 sq cm; first 25 sq cm or less wound surface area would be around US$ 485 in outpatient hospitals and around US$ 250 in an ambulatory surgical center.
The high cost of skin grafts in spite of the availability of reimbursement is expected to be a restraining factor for the market in the coming years.

High Market Potential in Developing Nations
Increasing Medical Tourism in Emerging Nations:-

Skin graft procedures are highly preferred to repair the damaged skin due to infections, burns as well as skin cancer. Many of the countries in North America are being preferred as a destination for medical tourism. Canada has been a drawing increasing number of patients for surgical procedures including the use of skin grafts.

Cosmetic surgery using skin grafts is a major application attracting patients towards hospitals as well as clinics situated in Canada as well as the United States. The presence of various clinics offering skin grafting procedures at an affordable rate has increased. The presence of leading medical centers such as, Cleveland Clinic and Mayo Clinic in the United States have been carrying out surgical procedures with reliable results.

Quality services and high attendance standards of elite medical center Cedars-Sinai Clinic are also demanded among wealthy overseas patients. The rising medical tourism in the emerging nations such as Canada and US is anticipated to provide significant growth opportunities to the players operating in the market during the forecast period.

Type Insights:-

Global skin graft market, based on the type was segmented into autologous, allogeneic, xenogeneic, prosthetic, and isogeneic. In 2017, the autologous segment held the largest share of the market, by type. In addition, the demand for autologous is also expected to grow at the fastest rate during the coming years since the skin patch from the same donor is generally preferred.

Graft Thickness Insights:-

Global skin graft market, based on the graft thickness was segmented into split-thickness, full-thickness and composite graft. In 2017, the split thickness segment held the largest share of the market, by graft thickness. In addition, the demand for split- thickness grafts is also expected to grow at the fastest rate during the coming years owing to benefits such as, quick healing time and better protection from infections.

Equipment Insights:-

Based on the equipment global skin graft market is segmented into dermatome, general surgical instruments, consumables, and others. In 2017, the dermatome segment held the largest share of the market, by equipment. In addition, the demand for dermatome is also expected to grow at the fastest rate during the coming years, since better skin grafts with uniform thickness are obtained using a dermatome.

Application Insights:-

Global skin graft market, based on the application was segmented into burns, extensive wound, skin cancer, and others. In 2017, the burns segment held the largest share of the market, by applications. In addition, the demand for skin grafts in treating burns is also expected to grow at the fastest rate during the coming years due to the rise in the number of burn injuries at a global level.

End User Insights:-

Global skin graft market, based on the end user was segmented into ambulatory surgical centers, hospitals and dermatology clinics. In 2017, the hospitals segment held the largest share of the market, by end users. In addition, the demand for hospitals is also expected to grow at the fastest rate during the coming years as a result of availability of advanced technique for skin grafting techniques.

SKIN GRAFT – MARKET SEGMENTATION

By Type

• Autologous
• Allogeneic
• Xenogeneic
• Prosthetic
• Isogeneic

By Graft Thickness

• Split-Thickness
• Full-Thickness
• Composite Graft

By Equipment

• Dermatome
• General Surgical Instruments
• Consumables
• Others

By Application

• Burns
• Extensive Wound
• Skin Cancer
• Other

By End User

• Hospitals
• Ambulatory Surgical Centers
• Dermatology Clinics

By Geography

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South & Central America

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Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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