The global skin grafting device market is anticipated to witness a CAGR of nearly 5.1% during the forecast period. Skin grafting is a novel technological advancement to surgical procedure, which covers skin replacement from the healthy area of skin and providing coverage for wound area. Skin grafting is majorly used in different wound indications, such as deep burns, skin cancer, injury, or reconstructive surgeries and skin cancer. Increasing prevalence and incidences of burns injuries, leg ulcers, including pressure and diabetic foot ulcer, and skin infections leading to prolonged hospitalization are influencing the demand in the skin grafting device market.
- Moreover, technological innovations in dermatomes, such as development of electric and air dermatomes, and increased precision are the factors expected to boost the market for skin grafting system. Rising demand for skin grafts is another major factor propelling the market growth. Care and treatment procedures have taken a more comprehensive approach, which not only focuses on recovery from injuries but also on improvement in long-term function. Owing to this trend, the demand for skin grafts and other skin substitutes in treatment and management of acute wounds is rising at a steady pace. Skin grafting procedures are majorly used on partial and full thickness burns, and they have an important role in treatment of such injuries. Skin grafting can be biological or synthetic in nature.
- Presence of non-profit organizations, such as the British Burn Association and the Canadian Association of Burn Nurses, which aim to provide and propagate knowledge on best treatment and rehabilitation following a burn injury, is also increasing awareness levels among people. However, this market growth may be hampered, owing to the factors, such as poor healthcare accessibility in low income countries and lack of advanced healthcare infrastructure.
Key Market Trends
Burns Segment Dominates the Market and is Expected to Continue to do the Same During the Forecast Period
The burns segment is expected to dominate the global skin grafting devices market through the forecast period. This can be attributed to the rising incidence of such injuries, high demand for skin graft, growing awareness regarding treatment options, and increasing technological advancements. Increasing awareness among patients regarding various treatment and care options available is a key factor driving the market.
The different treatment and care options for such injuries include advanced dressings, traditional care products, and biologics. Biologics, including skin grafts, are also widely used. The presence of a wide array of products for burn care in the market is encouraging healthcare professionals, such as surgeons, physicians, and nurses, to increase the usage of such treatment options.
Favorable government initiatives, such as reimbursement policies that cover almost 70%-100% of the treatment cost, have enabled patients to opt for advanced burn care treatment. The presence of non-profit organizations, like the American Burn Association (ABA), and government organizations, such as World Health Organization (WHO), also contributes toward increasing awareness levels. The WHO has been collaboratively working with the International Society for Burn Injuries and other such organizations for the prevention of such injuries and to develop strategies to improve burn care globally.
North America is Considered to be the Most Lucrative Regional Market for Skin Grafting Devices
North America accounted for the largest market share in 2019, and it is estimated to maintain the dominance over the coming years. High demand for skin grafts and substitutes and increasing incidence of burns are expected to drive the market for skin grafting devices. Moreover, the presence of key market players in this region, focusing on strategic initiatives, such as launch of new products and mergers and acquisitions, is expected to create lucrative growth opportunities.
The Asia-Pacific market is anticipated to witness the fastest growth over the forecast period. According to the WHO, the incidence of burn injuries that require immediate medical care is approximately 20 times higher in the Western Pacific Region in comparison to that in the Americas. Increase in incidence of burn injuries is a major factor boosting the market in this region. In addition, the increasing R&D activities by prominent market players for the introduction of innovative products are expected to fuel the market growth over the forecast period.
The market for skin grafting devices is moderately competitive in nature, and it consists of several global as well as local players. The major players include companies, such as Zimmer Inc., B. Braun, Integra LifeSciences Corporation, Exsurco Medical Inc., and PFM Medical. The competitive rivalry is moderate to high due to few numbers of regional players, which is anticipated to increase competition for a consolidated customer base. These companies are actively involved in product innovations and technological advancements to sustain their position in the market.
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