South and Central America Skin Graft Market
South and Central America include Argentina, Brazil, and the rest of South and Central America. The South and Central American market is recognized as a hub for cosmetic surgery procedures. A considerable increase in the number of cosmetic surgeries has been noticed in Brazil, which is expected to be a major factor accelerating the growth of the market in South and Central America. Whereas in Argentina, the growing development for regenerative medicine is likely to serve vital growth opportunities for the skin graft market. The increasing technological advancements for skin grafts are likely to leverage the market's growth during the forecast years. In South and Central America, Brazil accounted for the largest share of the skin graft market. The growth of the market is driven by an increasing number of cosmetic surgeries requiring skin grafting. Brazil has witnessed a considerable increase in the number of cosmetic procedures involving the use of skin grafts. As per the Brazilian Society for Plastic Surgery, the number of surgeries has increased by 10% since 2014. Brazil is second to only the US in the number of cosmetics performed and is the preferred destination for medical procedures. Medical tourists in the country mostly prefer procedures such as facelift and buttock lift cosmetic surgery. The price of the procedures in Brazil is 30 to 50% than the prices of the procedures in the US. Therefore, there is a significant rise in the number of cosmetic procedures. According to the International Society of Aesthetic Plastic Surgery’s statistics for 2018, over 1.4 million cosmetic surgeries have been performed. However, skin grafts are widely used for buttock augmentation. On the other hand, researchers are innovating techniques to treat burn injuries. For instance, researchers at the Federal University of Ceara in northern Brazil have identified that tilapia, an abundantly found fish, can be used as a skin graft to treat burn injuries. Researchers state that tilapia skin has moisture, collagen, and disease resistance at levels like the human skin that can aid healing faster. Researchers have been focusing on developing this technique since this can reduce the medical costs and reduce the pain expected by the victim. Such practices to treat burn injuries can affect the market’s growth negatively in the coming future. However, the growth in the number of cosmetic procedures being performed in Brazil and increasing developments of skin graft to meet the rising demand from the cosmetic sector is anticipated to be a driving factor for the market
Latin America is witnessing a growing number of COVID-19 cases; for instance, as of April 2021, the country had reported approximately 14.3 million cases. It was followed by Argentina, with 2.86 million confirmed cases of COVID-19. In total, the region had registered over 28 million diagnosed patients, as well as a growing number of fatal COVID-19 cases. With the outbreak of second wave COVID-19, there has been an increasing number of cases in the Latin American countries. Currently, the country is rapidly increasing its clinical programs to fight against the novel corona virus. There has been a rising focus on COVID-19 treatment. Thus, the skin graft market have been negatively affected by the pandemic as majority of the healthcare professional are focusing on Covid-19 patients only.
Strategic insights for the South and Central America Skin Graft provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 54.91 Million |
| Market Size by 2028 | US$ 80.33 Million |
| Global CAGR (2021 - 2028) | 5.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
The geographic scope of the South and Central America Skin Graft refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The skin graft market in SCAM is expected to grow from US$ 54.91 million in 2021 to US$ 80.33 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028. Rising number of burn injuries; major application areas of skin grafts include burns and skin infections. There has been a rise in the number of burns and deaths caused due to burns. Similarly, according to the World Health Organization (WHO) statistics published in 2018, more than 180,000 deaths occurred due to burns. With the rise in number of burn injuries, the demand for skin grafts to replace the damaged skin patch has increased during recent years. As per the National Burn Repository (NBR) statistics, 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. Also, the cost of treatment has increased worldwide. Thus, the increasing number of injuries has contributed significantly to the growing demand for skin graft treatments, which is expected to continue during the forecast period leveraging the market’s growth.
Based on product, the market is segmented into autologous, allogeneic, xenogeneic, prosthetic, and isogeneic. In 2020, the autologous segment held the largest share of the market. Based on graft thickness, the market is divided into split-thickness, full-thickness and composite graft. In 2020, the split thickness segment held the largest share of the market. Based on equipment, the market is segmented into dermatome, general surgical instruments, consumables, and others
A few major primary and secondary sources referred to for preparing this report on the skin graft market in SCAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report B. Braun Melsungen AG; MiMedx; Organogenesis Inc; Smith & Nephew; Zimmer Biomet.
The South and Central America Skin Graft Market is valued at US$ 54.91 Million in 2021, it is projected to reach US$ 80.33 Million by 2028.
As per our report South and Central America Skin Graft Market, the market size is valued at US$ 54.91 Million in 2021, projecting it to reach US$ 80.33 Million by 2028. This translates to a CAGR of approximately 5.6% during the forecast period.
The South and Central America Skin Graft Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Skin Graft Market report:
The South and Central America Skin Graft Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South and Central America Skin Graft Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South and Central America Skin Graft Market value chain can benefit from the information contained in a comprehensive market report.
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