Skin Grafting Device Market - Growth, Trends, and Forecasts (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||946266|
|出版日期||內容資訊||英文 111 Pages
|皮膚移植設備市場增長，趨勢，預測（2020-2025） Skin Grafting Device Market - Growth, Trends, and Forecasts (2020 - 2025)|
|出版日期: 2020年06月01日||內容資訊: 英文 111 Pages||
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.
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.