Skin excision or biopsy is a surgical procedure performed for the removal of skin lesions or skin cancer lesions by specialized instruments like scalpel, electrosurgical devices, laser beams, or other surgical blades. This procedure helps in the proper diagnosis and treatment of various skin diseases. Rising incidence of skin cancers owing to increasing exposure to ultraviolet radiations is boosting the demand for early skin excision procedures.

Global skin excision market was valued at US $32.56 Bn in 2023 and is expected to reach US$ 59.14 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2031.

Key Takeaways

Key players operating in the Global Skin Excision Market are Ethicon Inc, Richard Wolf GMBH, Becton, Dickinson and Company, Integra LifeSciences, Exsurco Medical, Limbs and Things LTD, KARL STORZ GmbH and Co. KG, Aesculap, Inc., Medtronic, Zimmer Biomet, B. Braun SE, Conmed Corporation, Symmetry Surgical Inc., and Surtex Instruments Limited. Ethicon Inc. and B. Braun SE dominates the global market share owing to their cutting-edge skin biopsies systems and wide sales network globally.

Key Opportunities
The key opportunities in the Global Skin Excision Market Demand includes the rising  for minimally invasive procedures, growing focus on precision laser surgeries, and untapped opportunities in emerging economies. Additionally, increasing popularity of electric dermatomes and laser excision system and technological advancements in skin biopsy devices are creating new scopes for growth in the market.

Global Expansion
Key players are focused on expanding their geographical presence through acquisitions and partnerships with regional players. For instance, in 2020, Ethicon acquired Megadyne Group to strengthen its electrosurgical devices portfolio and enhance its sales network across Europe and Asia Pacific. Meanwhile, other players are investing in R&D to launch innovative skin excisions systems suitable for ambulatory surgery centers. This is anticipated to drive the market growth at global level.

Market Drivers
Increasing prevalence of skin cancer globally due to growing sun exposure and UV radiations is a major market driver. According to WHO, over 5.3 million new cases of non-melanoma skin cancer are diagnosed each year globally. Also, rising medical tourism in developing nations for cost-effective skin cancer treatments are fueling the adoption of advanced diagnostic systems.

Market Restrains
High cost of advanced laser excision systems and skilled personnel requirement for operation are major challenges hampering the broader acceptance. Additionally, lack of awareness about skin cancer symptoms in remote areas and availability of alternative cost-effective therapies are restraining factors for the market. Strong regulations pertaining to the usage of Class 3B and Class 4 lasers also impede market expansion to some extent.

Segment Analysis
The Global Skin Excision Market can be segmented by product type, procedure, end-user and region. Under product type segment, skin punch segment dominates the market owing to its rising demand for skin biopsies. Skin punches create precise round punch biopsy specimens and are easier to handle for pathologists. By procedure, shave biopsy segment holds the major share as it is minimally invasive and leaves minimal scarring. Under end-user segment, dermatology clinics sub segment dominates due to increasing number of specialty clinics offering dermatological services.

Global Analysis
North America region dominates the Global Skin Excision Market Regional Analysis owing to rising cases of skin cancer in the region and availability of advanced medical facilities and trained surgeons. Furthermore, strong reimbursement policies also fuel the market growth in North America. Asia Pacific is projected to witness fastest growth rate during the forecast period. Factors such as growing medical tourism industry, improving healthcare infrastructure and rising disposable income in developing Asian countries such as India and China are anticipated to boost market growth in Asia Pacific region.
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