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Skin Graft Market Analysis by Type is Estimated to Grow at a CAGR of 7.6% During Forecast Period from 2018 to 2025

The skin graft market is estimated to grow at a CAGR of 7.6% during the forecast period from 2018 to 2025. The market for skin graft is projected to reach US$ 1,371.9 Mn in 2025.

Skin grafts are used in a surgical procedure known as skin grafting where the skin is removed form one part of the body and is transplanted to another area where skin is lost due to burns or injuries. The skin graft can be harvested from donor’s skin tissue but may lead to a risk of rejection by the recipient’s body or infection to the recipient. Various types of equipments used for skin grafting are dermatome, general surgical instruments, and consumables.

In our study, we have segmented the skin graft market by type, graft thickness, equipment, application, and end user. Based on type, global skin graft market is segmented as autologous, allogeneic, xenogeneic, prosthetic, and isogeneic. Based on graft thickness, the market is segmented into split-thickness, full-thickness and composite graft. Based on equipment, the market is segmented into dermatome, general surgical instruments, consumables, and others. Based on application, the market is segmented into burns, extensive wound, skin cancer, and others. On the basis of end user, the market is segmented as hospitals, ambulatory surgery centers, and dermatology clinics. Geographically, the market for skin graft is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).

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The skin graft market is estimated to grow at a CAGR of 7.6% during the forecast period from 2018 to 2025. The market for skin graft is projected to reach US$ 1,371.9 Mn in 2025. The market is witnessing a potential growth rate during the past few years and is expected to witness similar trend in the coming years. Factors such as, increasing prevalence of skin cancer and burn injuries, and growing demand of skin grafts for transplantation procedures. The America Academy of Dermatology states that more than 1 million Americans are living with melanoma and the prevalence is rising. Additionally, the market players are engaged in the development of new skin grafts for various medical applications such as tissue transplant. Also, players in the market are engaged in research and development activities to develop advanced products.

The market for skin graft is well established in North America region, especially in the US and Canada. The market in Asia Pacific is expected to witness significant growth during the forecast period owing to the increasing number of transplantation procedures in hospitals & ambulatory surgical centers and progressive growth of medical device industry. Moreover, rising prevalence of cancer in India and China is stimulating the growth of this market in this region. As per the report published in 2015, by American Cancer Society, in China, 4.3 million new cancer cases were diagnosed and more than 2.8 million deaths. Rising incidence of cancer has become one of the major economic concern for the country.
The major players operating in the skin graft market include Smith & Nephew, Mimedex, Tissue Regenix, Integra Lifesciences Corporation, Organogenesis, Inc, Zimmer Biomet, Nouvag, De Soutter Medical, Braun Melsungen AG, Avita Medical among others.

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