The skin graft market industry is projected to grow from USD 4.28 Billion in 2023 to USD 7.36 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.01% during the forecast period (2023 - 2032). Skin Graft Market Share is growing at a rapid rate owing to increasing cases of skin cancer, burns, and other wounds. In skin grafting, healthy skin is taken from an area of the body to cover the damaged and lost skin.
The increasing cases of skin infections, burn injuries, and surgeries have contributed to the growth of the Skin Graft Market worldwide. The process of skin grafting is complex and expensive. This may restrain the growth of the Skin Graft Sector in the coming years.
Key Players:
The Skin Graft Market is huge. There are regional and global players in this market. The Key Skin Graft Market Players are adopting strategies, such as partnerships, mergers, acquisitions, product launches, and product upgradation, to remain at the top and dominate maximum Skin Graft Market Share. In 2017, EXSURCO introduced a new skin and wound grafting device to be used for burn centres. In 2019, a prosthetic limb socket was developed from recycled plastic bottles at De Montfort University.
Market Segmentation
The global Skin Graft Market is segmented based on type, thickness, equipment, application, end-users, and region.
Based on graft type, the sub-segments are allogeneic, autologous, xenogeneic, isogeneic, and prosthetic.
Based on thickness, the sub-segments are full-thickness, split-thickness, and composite graft.
Based on equipment, the sub-segments are air dermatomes, electric dermatomes, drum dermatomes, and knife dermatomes.
Based on end-users, the sub-segments are hospitals, ambulatory surgical centres, dermatology clinics, and academic research centres.
Based on application, the sub-segments of the Skin Graft Market are burnt skins, surgical wounds, skin cancer, and infection.
Regional Classification
The Skin Graft Market is segmented into these regions- North America, Europe, South America, Asia-Pacific, and the Middle East and Africa. The North American region is expected to dominate the maximum Skin Graft Market Revenue during the forecast period 2022-2028. The huge investment in healthcare, favourable reimbursement of skin-care treatment and adoption of new technologies in this region will contribute to the growth of the Skin Graft Market significantly. Europe will hold the 2nd largest position in the Skin Graft Market.
The Asia-Pacific region will also witness significant growth in this sector owing to rising demand for skin grafting, favourable government initiatives for burn and trauma patients, and skilled surgeons.
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