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Skin Graft Market to 2025 Increasing Demand with Leading Key Players: Mimedex,Tissue Regenix,,Integra Lifesciences Corporation,Organogenesis, Inc.,Zimmer Biomet,Nouvag

12-11-2019 10:10 AM CET | Health & Medicine

Press release from: The Insight Partners

Skin Graft Market to 2025

Skin Graft Market to 2025

The 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.

The Asia Pacific skin graft market is expected to grow with CAGR of 8.9% to US$ 259.7 Mn 2025 from US$ 132.8 Mn in 2017. Factors such as, increasing focus of industry players in India and Japan, rising geriatric population, and growing awareness about skin cancer and burn injuries, are likely to grow the market in the forecast period.

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Market Insights
Increasing Number of Burn Injuries
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 per 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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Strategic Insights
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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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
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About The Insight Partners:
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.

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