Table of Contents
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.3 MARKET STRUCTURE:
2. RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3. MARKET DYNAMICS
3.4 MACROECONOMIC INDICATORS
4. MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5. GLOBAL SKIN GRAFT MARKET, BY GRAFT TYPE
6. GLOBAL SKIN GRAFT MARKET, BY GRAFT THICKNESS
6.3 COMPOSITE GRAFT
7. GLOBAL SKIN GRAFT MARKET, BY APPLICATIONS
7.1 EXTENSIVE WOUND
7.3 EXTENSIVE SKIN LOSS DUE TO INFECTION
7.4 SKIN CANCERS
8. GLOBAL SKIN GRAFT MARKET, BY EQUIPMENT
8.1.1 KNIVES DERMATOMES
8.1.2 DRUM DERMATOMES
8.1.3 ELECTRIC DERMATOMES
8.1.4 AIR DERMATOMES
8.2 GENERAL SURGICAL INSTRUMENTS
9. GLOBAL SKIN GRAFT MARKET, BY END USERS
9.1 HOSPITALS AND CLINICS
9.2 ACADEMIC AND RESEARCH
10. GLOBAL SKIN GRAFT MARKET, BY REGION
10.1 NORTH AMERICA
10.4 MIDDLE EAST & AFRICA
11. COMPETITIVE LANDSCAPE
11.1 MAJOR STRATEGIES ADOPTED BY MARKET PLAYERS
11.1.1 STRATEGIC PARTNERSHIP
11.1.2 MERGER & ACQUISITION
12. COMPANY PROFILE
12.1 ORGANOGENESIS, INC.
12.1.2 PRODUCT OVERVIEW
12.1.4 KEY DEVELOPMENTS
12.2.2 PRODUCT OVERVIEW
12.2.4 KEY DEVELOPMENTS
12.3 STRATATECH CORP.
12.3.2 PRODUCT OVERVIEW
12.3.4 KEY DEVELOPMENT
12.4 TISSUE REGENIX GROUP PLC
12.4.2 PRODUCT OVERVIEW
12.4.4 KEY DEVELOPMENTS
12.5 AVITA MEDICAL
12.5.2 PRODUCT OVERVIEW
12.5.4 KEY DEVELOPMENTS
12.6 CONVATEC INC
12.6.2 PRODUCT OVERVIEW
12.6.4 KEY DEVELOPMENTS
12.7.2 PRODUCT OVERVIEW
12.7.4 KEY DEVELOPMENTS
12.8.2 PRODUCT OVERVIEW
12.8.4 KEY DEVELOPMENTS
12.9 B.BRAUN MELSUNGEN
12.9.2 PRODUCT OVERVIEW
12.9.4 KEY DEVELOPMENTS
12.12.2 PRODUCT OVERVIEW
12.12.4 KEY DEVELOPMENTS
13.1 KEY FINDINGS
13.1.1 FROM CEO’S VIEWPOINT
13.1.2 UNMET NEEDS OF THE MARKET
13.2 KEY COMPANIES TO WATCH
13.3 PREDICTION OF SKIN GRAFT INDUSTRY
Skin grafting is a type of transplantation of skin. The skin in form of a thin section is taken from a healthy part of the patient's or donor's body. It is a surgical procedure that covers the wounded are with a healthy layer of skin. This technique is used in the case of deep injuries, wounds, skin cancer, and skin burns.
The skin graft market share is expected to grow from USD 3.8 billion in 2020 to USD 7.5 billion in 2023, with a compound annual growth rate of 13.5% during the period of forecast
Covid-19 analysis of Skin Graft Market
The coronavirus pandemic has given a very hard time to most of the manufacturing, developing, production, and logistic units of the market. No doubt the skin graft industry is stable in this pandemic period also but the chances of patients getting infected after the treatment have risen. According to various experts around the world the surgeons treating patients with skin grafting should use full high-risk personal protective equipment because of this coronavirus disease there are exposed to the similar type of infections as the patients are.
There are many factors responsible for skin graft industry growth. Firstly the rising incidences of skin burns on daily basis is one of the major factors responsible for skin graft industry growth. Secondly, any type of surgery conducted on the human body damages the skin of that particular area, so the increasing number of human surgeries taking place all around the world is another factor driving the skin grafts industry growth. And sometimes due to accidents or any other kind of diseases such as cancer, PURPURA FULMINANS, or necrotizing fasciitis needs removal or repair of skin damaged and this thing is also responsible for significant growth in skin graft market.
Treatment for every serious disease has side effects associated with it and if we talk about the side effects associated with skin grafting they are very harsh. The side effects attached to skin grafting are one of the major factors that will hamper the skin graft industry growth. Secondly while the skin grafting treatment the patient has to go through a lot of pain for 2-3 days continuously. So this is another factor that can be responsible for the slight decrease in the skin graft industry growth. The person treated with skin grafting is time open to infections and the cure of such infections in turn is more expensive than skin grafting treatment and the patient has to still go through a lot of pain and this factor also acts as a barrier in way of skin graft industry growth. Lastly, the process of skin grafting treatment is complex and high-priced which is another factor that may hinder the skin graft industry growth.
A lot of technological advancements are taking place in the field of skin grafting treatment and a more comprehensive technique is being adopted by the researchers with aim of not only focusing on the recovery from injury but also on improvement in the future. These types of procedures are being used not only to treat patients with partial or full-thickness burns but also people with other skin diseases caused due to diabetes or skin cancer. It is considered to be biological and synthetic. Also, a lot of research organizations are working on developing such types of skin grafting techniques in which the patient has not to go through a lot of pain and decreasing the chances of any kind of infection to the patient
.Figure 1 Skin graft Global Market by Indications, 2016 (% Market Share)
Skin graft's market share is anticipated to witness significant growth owing to the performance of different market segments. Among these segments, the burns segment will be the fastest-growing and also contribute towards the skin graft market more than any other segment. As the incidence of such burn injuries is increasing day by day which in turn leads to increased demand for skin grafts. Also, the rising awareness among patients about different treatment and care options available is driving the skin graft industrygrowth tremendously. For an amplifying use the market for skin graft is segmented into the following on different bases:
The skin graft industry movements are remarkably working in 5 major regions of the world that is North America, Asia Pacific, Africa, South America, and the Middle East. Among all these regions, the North American region will dominate the skin graft market and the reason attributed to it is the favorable reimbursement scenario and massive expenditure on healthcare. Also, the rising consumption of new technology in the USA will be another factor responsible for the skin graft industrygrowth in this region. Europe will be the second-largest market of skin graft market industry due to its large disposable income and increasing awareness among people. Asia Pacific region will also witness significant growth during the forecast period and will be led by its developing counties India and China. Also, the increasing demand for skin grafters to treat skin cancer and initiatives taken by the government such as burn injuries prevention and control programs is another factor responsible market for skin graft growth in the Asia Pacific region. The Middle East region will be led by Saudi Arabia and UAE. The market in the African region is expected to witness moderate growth due to poor economic and political conditions and poor healthcare facilities.
Competitive landscape of Skin Graft Market
To get a detailed and profound idea about the skin graft market insights, it is very important to create a competitive environment amongst the different key players at different market locations all around the country. . All the market players are competing with each other globally in the international markets by implementing various types of strategies such as product launches and upgradations, mergers and acquisitions, partnerships, etc. The prime players of the market for skin graft include:-
In May 2017, a new wound and skin grafting device was launched by EXSURCO medical, Inc. To be used in burn and trauma centers. This new technology can be a revolutionary breakthrough in combining skin and wound grafting technology in the industry. This device named Amalga tome SD helps those who are in urgent need of skin healing power and can be used for multiple procedures.
In August 2019, the first-ever prosthetic limb socket was developed from recycled plastic bottles by an expert of De Montfort University. It is comfortable, long-lasting, and cheap in terms of cost for unfortunate patients.
A handheld device was developed by the researchers of the University of Toronto that could print 3d skin onto the burn injuries which in turn provide a faster, cheaper, and easier solution. This makes the process less painful and prevents the patients from getting infected.
A bandage was developed by the researchers from Stevens’ institute of technology and Texas A&M University in treatment by providing protective antibiotics and healing proteins and prevent the patients from getting infections. The bandage is made up of nanotechnology, healing proteins, antibodies, and advanced materials.
The skin graft market report presents a shift analysis that includes market drivers, opportunities, and restraints that are available in the global market. The report discusses the impact of covid-19 on the key players of the skin graft market industry. The report also tells about the market segmentation on a different basis and how a competitive environment is developed among the key players around the globe. At last, the report presents some recent developments in the field of the skin graft industry.
|Market Size||2023: USD 7.5 billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Graft type, Graft Thickness and Applications|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Organogenesis, Inc., Specmed Medical, Stratatech Corp, Tissue Regenix Group PLC, Avita Medical, Convatec Inc, Medrotonic, Coloplast, B.Braun Melsungen, zimmerbiomet, Stratatech Corporation, Zimmer Biomet|
|Key Market Opportunities||Applications Area|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The Skin Graft Market Valuation would be USD 7.5 Billion by 2023.
The Skin Graft Market CAGR Would Be 13.5% During the Forecast Period Of 2017-2023.
The major players are Specmed Medical, Stratatech Corp, Organogenesis, Inc., Convatec Inc, Tissue Regenix Group PLC, Avita Medical, B.Braun Melsungen, Stratatech Corporation, Medtronic, Coloplast, Zimmer Biomet, and others.
The Discussed Graft Thickness Types Are Isogeneic, Autologous, Xenogeneic, Allogeneic, And Prosthetic.
The Equipment Types Are General Surgical Instruments, Dermatome (Drum Dermatomes, Electric Dermatomes, Knives Dermatomes, Air Dermatomes), Consumables and Others.