Skin Grafts Market is Expected to Increase around US$ 1,789.4 Mn by 2025
Dermal Grafts Market is Expected to Increase around US$ 1,789.4 Mn by 2025, Due to Increasing Prevalence of Skin Cancer
Analyst Speak:
“The Dermal Grafts Market is anticipated to reach about US$ 1,789.4 Mn by 2025, and anticipated to expand significant CAGR over seven years of forecast period 2019-2025 owing to increasing prevalence of skin cancer.
Precision Business Insights (PBI) in its report titled “Dermal Grafts Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over six years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The dermal grafts market expected to reach US$ 1,789.4 Mn by 2025 and the market is growing at significant CAGR over the forecast period owing to increase in the prevalence of skin cancer around the globe. For instance, according to World Cancer Research Fund, skin cancer is 19th most commonly occurring cancer and approximately 300,000 new cases diagnosed with skin cancer in 2018 around the world. Moreover, increase in the R&D for the development of newer products, increase in number of accidents, burns injuries, pressure ulcers, and skin infections, surge in adoption of skin grafts in developed and developing countries are anticipated to propel the dermal grafts market over the forecast years. However, high cost of treatment, complications with dermal grafting procedure such as infection, and lack of sophisticated healthcare infrastructure in underdeveloped countries are hamper the growth of global dermal grafts market.
Dermal grafts market segmented on the basis of product type, thickness, equipment type, application, end-user, and region.
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Autologous Skin Grafts Expected to Dominate the Market
Based on product type, the dermal grafts market is segmented into autologous, isogenic, allogeneic, xenogeneic, and prosthetic. Among all the products autologous skin grafts dominate the dermal grafts market owing to limited number of donors, high protection from infections, and cost effective procedure. Moreover, the xenogeneic skin grafts market growing prominent growth rate over the forecast timeframe owing to rise in R&D for the development of newer products by the market players.
North-America, Accounts for Major Revenue Share for Dermal Grafts System Market
Precision Business Insights (PBI), dermal grafts market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North-America For instance, according to American Burn Association 2016, approximately 3,390 deaths occurred due to fire in U.S. Moreover, rise in R&D for the development of newer products, presence of skilled professionals, and burgeoning the healthcare expenditure are anticipated to propel the market over the forecast years. In addition, Asia Pacific region is expected to grow at a faster rate due to growing population and increase in medical tourism in the region.
Novel Inventions Play Vital Role in Orthopedic imaging Market
Product approval and product launchings by key players for are expected to aid in fuelling demand for these systems. For instance, in January 2016, Integra Lifesciences received FDA approval for Omnigraft dermal regeneration matrix used in the treatment of diabetic foot ulcers.
Key players operating in the global dermal grafts market include Organogenesis, Inc., Stratatech Corp. , Avita Medical , ConvaTec Group plc. , Coloplast, B.Braun Melsungen AG, Medtronic, Zimmer Biomet. , Nouvag AG, Tissue Regenix Group PLC, and Allergan Plc
Detailed Segmentation
By Product Type
o Autologous
o Isogenic
o Allogeneic
o Xenogeneic
o Prosthetic
By Thickness
o Split Thickness
o Full Thickness
o Composite Graft
By Equipment
o Knives Dermatomes
o Electric Dermatomes
o General Surgical Instruments
o Consumables
o Air Dermatomes
By Application
o Burns
o Extensive Wound
o Skin Cancer
o Infection
o Others
By End-User Type
o Hospitals
o Ambulatory surgery centers
o Dermatology Clinics
Geography
o North America
US
Canada
Mexico
o Europe
Germany
UK
France
Russia
Spain
Italy
o Asia-Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
o Latin America
Brazil
Mexico
Argentina
Chile
Rest of Latin America
o Middle East and Africa
South Africa
Saudi Arabia
Rest of MEA
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