- Medical Devices
- Monday, 05 Apr 2021
Emerging Trends in Global Regions to Play a Significant Role in Growth of the Skin Graft Market
The Asia Pacific skin graft market is expected to grow with CAGR of 8.9% to US$ 259.7 Mn 2025 from US$ 132.8 Mn in 2017. Factors such as, increasing focus of industry players in India and Japan, rising geriatric population, and growing awareness about skin cancer and burn injuries, are likely to grow the market in the forecast period.
Increasing Number of Burn Injuries
The major application areas of skin grafts include burns and skin infections. There has been rise in the number of burns and deaths caused due to burns. As per the American Burn Association, during 2016, in United States, there were 3,390 civilian deaths from fire, including 2,800 deaths from residential structure fire, 150 deaths from non-residential structure fire 355 from vehicle fire, and 85 from outside and unclassified fire other than structure or vehicle fire.
As per World Health Organization (WHO), the number of deaths due to burns account for 1, 80,000 globally. Majority of burns are reported from countries having low or medium income or in WHO African and South East Asia region. With the rise in number of burn injury, the demand for skin grafts for the purpose of replacing the damaged skin patch has increased during the recent years. As per the statistics of National Burn Repository (NBR), in 2016, around 486,000 burn injuries received medical treatment. Over 60% of the hospitalizations related to burn injuries were admitted to 128 burn centers.
As there are constant occurrences of injuries caused due to burns in low and medium as well as high income countries, the demand for skin grafts are expected to grow in the coming years.
Get PDF Sample Copy of this Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.theinsightpartners.com/sample/TIPHE100001099/
Company Profiles
- Smith & Nephew
- Mimedex
- Tissue Regenix,
- Integra Lifesciences Corporation
- Organogenesis, Inc.
- Zimmer Biomet
- Nouvag
- De Soutter Medical
- Braun Melsungen AG
- Avita Medical
Social Stigma Associated with the Use of Walking Canes and Crutches
Cost of Skin Grafting Procedures
Skin grafts are performed when the injured skin has lost its capability to heal itself, hence its operational procedure is expensive. In case of severe skin restoration, the physician may need to obtain skin from another donor, which may make the procedure more expensive compared to the cost if the skin would be if the skin is obtained from the same person. The total cost of the procedure may reach up to $4000 to $9000, excluding post operational treatment and consultation charges. The total cost of skin grafting is decided based on factors such as, the hospitalization charges, donor's fees, medications, surgeons’ fees, operational charges, post operational charges and consultation fees. The area of wound also determines the cost of the procedure.
Skin grafting procedures are covered under reimbursement policies. Skin grafts are covered under reimbursement policies. Medicare in the US has allotted Healthcare Common Procedure Coding System (HCPS) codes. The cost of skin grafting procedure. As per the Medicare Average Payment, the cost of skin substitute graft manufactured by ACell Inc for a total wound surface area up to 100 sq cm; first 25 sq cm or less wound surface area would be around US$ 485 in outpatient hospitals and around US$ 250 in an ambulatory surgical center.
The high cost of skin grafts in spite of the availability of reimbursement is expected to be a restraining factor for the market in the coming years.
Purchase a copy of this research report @ https://www.theinsightpartners.com/buy/TIPHE100001099/
SKIN GRAFT – MARKET SEGMENTATION
By Type
- Autologous
- Allogeneic
- Xenogeneic
- Prosthetic
- Isogeneic
By Graft Thickness
- Split-Thickness
- Full-Thickness
- Composite Graft
By Equipment
- Dermatome
- General Surgical Instruments
- Consumables
- Others
By Application
- Burns
- Extensive Wound
- Skin Cancer
- Other
By End User
- Hospitals
- Ambulatory Surgical Centers
- Dermatology Clinics
By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- France
- Germany
- U.K
- Asia Pacific
- China
- India
- Japan
- Middle East & Africa
- Saudi Arabia
- U.A.E
- South Africa
- South & Central America
- Brazil
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Related Industry Updates
Latent TB Detection Market 2021 Report SWOT Analysis, by Key Players: QIAGEN, BioMeriux S.A., BD, ARKRAY, Inc., Abbott, Oxford Immunotec Ltd, Lionex GmbH
May 12, 2021
Allergy Immunotherapies Market Opportunity, Challenges, Key vendor analysis, Vendor landscape by 2020-2027
Aug 17, 2020
Medical Device Connectivity Market is expected to reach US$ 7,562.30 million by 2028
May 11, 2023
Injection Pen Market is expected to reach US$ 60,332.97 million by 2028
Jan 13, 2023
Joint Replacement Market Key Insights, Profiling Companies and Growth Strategies
Feb 10, 2021
Europe Medical Devices Additives Manufacturing Market Report Analysis During 2020-2027 Along With Key Players Like 3D Systems, Inc., GE Additives, Materialise NV, Renishaw plc
Dec 11, 2020
Medtronic Announces U.S. Commercial Launch of Solitaire X Revascularization Device in US
Aug 29, 2019