In the coming years, it is expected that the Global Skin Graft Market will advance with higher growth rate as compared to previous years. Rising pressure to curb healthcare costs has fuelled the growth of the market for Skin Graft.
Pune, India -- (SBWIRE) -- 03/29/2018 -- MarketResearchFuture.com published a Half-Cooked research report on "Global Skin Graft Market Research Report - Forecast to 2023" reports to its database. – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
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Considering all these factors the market for skin graft is expected to reach $ 7.5 billion by the end of 2023, this market is projected to growing at a CAGR of ~ 13.5 % during 2017-2023.
The report titled "Skin Graft Market -Forecast to 2023? is a direct appreciation by Market Research Future of the market potential of the Skin Graft Market. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative. It can be said with high confidence level, that this report will satisfy the need for comprehensive insights needed to compete and beat other players in today's winner takes all market!
Skin grafting involves transplantation of skin used in the treatment of large size wounds or trauma, burns, infection such as necrotizing fasciitis or purpura fulminans, skin cancers, and others. The skin graft market is anticipated to generate USD 7.5 billion at a CAGR of ~ 13.5 % during the review period of 2017 to 2023.
Growing cases of trauma due to rise in risk factors such as accidents, growing traffic, occupational hazards and others is the critical driver of the market. The growing economic incomes coupled with development of healthcare infrastructure are other drivers of the market. Psychographic factors driving the market are a desire of flawless skin, growing adoption of cosmetics, increase in the success rate of surgeries and others. The growing influence of media and the developments in dermatology and skin grafting such as advanced dermatomes with the ability to slice thin sections are the other driving factors.
Technological advancements such as development of skin liquefying and transferring devices by the U.K.'s National Health Service, development of compounds that mimic natural skin and fasten wound healing and others are charging the market.
The development of medical tourism is expected to generate spurts of growth in nations such as Poland, Ecuador, Venezuela and others.
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Major players profiled in the global skin graft market report are Convatec Inc, Medrotonic, Organogenesis, Inc., Specmed Medical, Tissue Regenix Group PLC, Stratatech Corp, Avita Medical, Coloplast, B.Braun Melsungen, Stratatech Corporation, zimmerbiomet, Zimmer Biomet and others.
North America led by the U.S. accounts for the maximum market share due to favorable reimbursement, faster market uptake of new technology scenario and greater expenditure on healthcare.
Europe accounts for the second largest market owing to large disposable income, developed health care infrastructure and rising awareness.
Asia Pacific region is expected to generate the fastest growth and is estimated to be led by Japan, China and India. The Middle East & Africa market is estimated to be dominated by the gulf nations particularly Saudi Arabia and UAE. The regions of Africa are expected to generate moderate growth owing to poor economic conditions, poor political and healthcare penetration. Medical tourism has opened up new avenues in skin graft treatment with Latin American nations such as Ecuador, Argentina, Mexico offering treatment options.
What makes our report unique?
1) An extensive research study on the Global Skin Graft market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Skin Graft market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Surgical risks such as risk of infection, bleeding and rejection have constrained the market. The high cost of treatment coupled with the scarcity of trained professionals is hampering the market. Skin graft rejections can led to gangrene which can be fatal and lead to death.
To generate an accurate assessment of the global skin graft market the report is segmented on the basis of graft type, graft thickness and applications.
Graft type - autologous, isogeneic, allogeneic, xenogeneic and prosthetic.
Graft thickness - split-thickness, full-thickness and composite graft.
Applications - extensive wound, burns, extensive skin loss due to infection, skin cancers and others.
Equipment - dermatome (knives dermatomes, drum dermatomes, electric dermatomes, air dermatomes), general surgical instruments, consumables and others.
End users - hospitals and clinics, academic and research and others.
Regions – North America, Europe, Asia Pacific, Middle East and Africa
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