Global Skin Grafting Device Market Size to Surpass US$ 1,519.0 Million by 2030 | Exhibiting a CAGR of 7.1%
Global Skin Grafting Device Market size is expected to reach US$ 1,519.0 Million by 2030, from US$ 942.3 Million in 2023, at a CAGR of 7.1% during the forecast period.”
BURLINGAME, CA 94010, UNITED STATES, March 12, 2024 /EINPresswire.com/ -- Global Skin Grafting Device Market size is expected to reach US$ 1,519.0 Million by 2030, from US$ 942.3 Million in 2023, at a CAGR of 7.1% during the forecast period.— CoherentMI
The latest research study released by CoherentMI on "Global Skin Grafting Device Market" with 100+ pages of analysis on business strategy taken up by emerging industry players, geographical scope, market segments, product landscape and price, and cost structure. It also assists in market segmentation according to the industry's latest and upcoming trends to the bottom-most level, topographical markets, and key advancement from both market and technology-aligned perspectives. Each section of the Global Skin Grafting Device Market business research report is specially prepared to investigate key aspects of the market. This document also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies.
Furthermore, The report provides a detailed understanding of the market segments that have been formed by combining different prospects such as types, applications, and regions. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the report.
Scope of the Global Skin Grafting Device Market:
The Global Skin Grafting Device market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Market Overview:
Skin grafting devices help treat burn victims and patients suffering from skin injuries or chronic wounds by transferring skin tissue from one body site to another. These devices aid skin graft placement and handling of tissue during surgery.
Market Dynamics:
The global skin grafting device market is expected to witness significant growth over the forecast period, 2023-2030. This can be primarily attributed to the rising prevalence of burns and skin injuries worldwide. According to the American Burn Association, there are over 450,000 burn injuries that require medical attention annually in the U.S. Furthermore, technological advancements in skin grafting devices bringing more automation and ease-of-use is also expected to support the market growth. Manufacturers are developing advanced skin graft meshers and dermatomes to perform skin grafting procedures faster and more precisely.
Rising Prevalence of Skin Diseases:
The prevalence of skin diseases and burn injuries has been steadily increasing over the years. According to the World Health Organization, around 2% of the global population suffers from vitiligo and around 0.5% of the global population is affected by psoriasis. Burn injuries and other skin diseases affect millions worldwide each year causing extensive damage to skin tissues requiring reconstructive surgery using skin grafting techniques. The increasing patient pool suffering from skin diseases and injuries is driving higher demand for skin grafting devices globally.
Growing Number of Accidental Injuries and Trauma Cases:
Road accidents, fire accidents, and other types of traumas resulting in extensive skin loss are on the rise worldwide. As per the World Health Organization, road traffic accidents claim around 1.35 million lives across the globe each year. Burn injuries are also common in both developing and developed countries. Severe burn cases and injuries necessitating skin grafting procedures are prompting higher adoption of skin grafting devices among healthcare providers. The mounting trauma cases will continue fueling the need for effective skin grafting solutions in the coming years.
The report covers extensive competitive intelligence which includes the following data points:
✔ Business Overview
✔ Business Model
✔ Financial Data
✔ Financial – Existing
✔ Financial – Funding
✔ Product/Service Segment Analysis and specification
✔ Recent Development and Company Strategy Analysis
✔ SWOT Analysis
Competitor Analysis:
The significant players operating in the Global Skin Grafting Device market are
Avita Medical, Smith & Nephew, MiMedx Group, Organogenesis, Zimmer Biomet, Medtronic, Tissue Regenix, Integra Lifesciences, Anika Therapeutics, Nouvag, AlloSource, Merakris Therapeutics, LLC
Market Segmentation -
This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2024-2031.
Global Skin Grafting Device Market Segmentation:
By Product Type
▪️ Dermal Substitutes
▪️ Acellular
▪️ Cellular Allogeneic
▪️ Cellular Autologous
▪️ Others
By Graft Thickness
▪️ Split-Thickness
▪️ Full-Thickness
▪️ Composite Grafts
By Application
▪️ Burns
▪️ Traumatic Wounds
▪️ Surgical Wounds
▪️ Chronic Wounds
▪️ Others
By End user
▪️ Hospitals
▪️ Clinics
▪️ Ambulatory Surgical Centers
▪️ Others
By Region
▪️ North America
▪️ Latin America
▪️ Europe
▪️ Asia Pacific
▪️ Middle East
▪️ Africa
Key Benefits for Stakeholders:
1. The study represents a quantitative analysis of the present Global Skin Grafting Device Market trends, estimations, and dynamics of the market size from 2024 to 2031 to determine the most promising opportunities.
2. Porter's five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.
3. In-depth analysis, as well as market size and segmentation, help you identify current Global Skin Grafting Device Market opportunities.
4. The largest countries in each region are mapped according to their revenue contribution to the market.
5. The Global Skin Grafting Device Market research report gives a thorough analysis of the current status of the Global Skin Grafting Device Market's major players.
Reasons to Purchase Global Skin Grafting Device Market Report:
✦ Both current and prospects for the Global Skin Grafting Device Market in developed and emerging markets.
✦ Analysis of various perspectives of the market with the help of Porter’s five forces analysis.
✦ During the forecast period, major regions are expected to see the most rapid increase.
✦ Identify the most recent advancements, Global Skin Grafting Device Market shares, and top market players' strategies.
Get your copy of this exclusive research report now @ https://www.coherentmi.com/industry-reports/global-skin-grafting-device-market/buyNow
Top Questions Answered in this Report:
➟ What factors are impeding the growth of the Global Skin Grafting Device Market?
➟ What are the primary drivers fueling the growth of the Global Skin Grafting Device Market?
➟ Which segment stands out as the leading component in the Global Skin Grafting Device Market?
➟ Who are the key players actively participating in the Global Skin Grafting Device Market?
➟ Which region is poised to take the lead in the Global Skin Grafting Device Market?
➟ What is the projected CAGR for the Global Skin Grafting Device Market?
About Us:
At CoherentMI, we are a leading global market intelligence company dedicated to providing comprehensive insights, analysis, and strategic solutions to empower businesses and organizations worldwide. Moreover, CoherentMI is a subsidiary of Coherent Market Insights Pvt Ltd., which is a market intelligence and consulting organization that helps businesses in critical business decisions. With our cutting-edge technology and experienced team of industry experts, we deliver actionable intelligence that helps our clients make informed decisions and stay ahead in today's rapidly changing business landscape.
Mr. Shah
CoherentMI
+1 206-701-6702
sales@coherentmi.com
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