Market Trends of Global Skin Grafting Device Industry
This section covers the major market trends shaping the Skin Grafting Device Market according to our research experts:
The Burns Segment is Expected to Hold Significant Market Share During the Forecast Period
The major factors driving the burns segment growth include the rising incidence of such injuries, high demand for skin grafts, 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.
Globally, during the SARS-Cov-2 (COVID-19) pandemic in 2020, most healthcare systems focused their approaches on disease prevention. The main strategies adopted to prevent the disease spread through personal protective equipment (PPE), social distancing, testing and quarantine of infected cases, and rationalizing healthcare services to prioritize intensive care resources.
During the COVID-19 pandemic 2020, globally, there was a significant impact in providing burns services by healthcare providers. For instance, according to a research study by Azzam Farroha, published in Burns Journal 2020, in the United Kingdom, the number of burn cases reported to the emergency department decreased by 33% during the lockdown period (March-May), and the number of cases referred from other healthcare facilities to centers decreased by 42%.
According to the World Health Organization (WHO) 2018 Factsheet, worldwide, every year, an estimated 180,000 deaths are caused by burns. The majority of the burn injuries occur in low- and middle-income countries, and almost two-thirds occur in Africa and Southeast Asia. Non-fatal burn injuries are a leading cause of morbidity. Burns occur mainly in the home and workplace.
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 covering almost 70%-100% of the treatment cost, 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 increases awareness.
For instance, as per the Health, Medical and Family Welfare Department 2020 report, in India, the Government of Telangana is providing cashless and qualitative treatment for burns and debridement and skin grafting for avulsion injuries to the State Government Employees under the Health, Medical and Family Welfare Department. Thus, considering the above-mentioned factors, the market is expected to show significant growth over the forecast period.
North America is Considered the Most Lucrative Regional Market for Skin Grafting Devices
The major factors driving the market growth in North America include the high demand for skin grafts and substitutes and the increasing incidence of burns. Moreover, the presence of key market players in this region focusing on strategic initiatives, such as the launch of new products and mergers and acquisitions, is expected to create lucrative growth opportunities.
According to a research article by Juan P. Barret et al., published in Burns Journal, in the United States during the COVID-19 pandemic 2020, the University of Iowa initiated providing burn services, such as electronic communication platforms for communication and telemedicine services, to communicate with both clinic and hospitals. During the COVID-19 pandemic, the burn centers in the United States maintained intense and meticulous precautions with great discipline. Burn patients that were COVID-positive were successfully managed as part of the COVID-positive cohort.
According to the American Burn Association (ABA) National Burn Repository 2019 reports, flame burns are still the majority of injuries in the United States, with 41%, followed by scald injuries at 31% and electrical burn injuries at 3.6%. Burns in children less than five years of age tend to be scald injuries, and flame-related burns tend to increase with age.
The Asia-Pacific market is anticipated to witness the fastest growth over the forecast period. According to the World Health Organization 2018 Factsheet, the incidence of burn injuries requiring immediate medical care is approximately 20 times higher in the Western Pacific Region than in the Americas.
Furthermore, an increase in the incidence of burn injuries and chronic wounds is a major factor boosting the market in this region. The increasing R&D activities by prominent market players to introduce innovative products are expected to fuel the market growth over the forecast period.
