Amniotic Membrane Market (Covid-19) Impact and Analysis by 2027 | Applied Biologics LLC; Integra Life Sciences Corporation; Skye Biologics Inc.; MiMedx; Organogenesis Inc.; Smith & Nephew; Amniox Medical, Inc.; Katena Products. Inc.;

The Insight Partners analysts forecasts the latest report on “Amniotic Membrane Market (Covid-19) Impact and Analysis by 2027”, according to report; The Amniotic Membrane Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Amniotic Membrane Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Amniotic Membrane Market.

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The amniotic membrane market was valued at US$ 1,484.83 million in 2019 and is projected to reach US$ 2,577.74 million by 2027; it is expected to grow at a CAGR of 7.3% from 2020 to 2027.

Some of the Major Market Players Are:

Applied Biologics LLC
Integra Life Sciences Corporation
Skye Biologics Inc.
MiMedx
Organogenesis Inc.
Smith & Nephew
Amniox Medical, Inc.
Katena Products. Inc.
Amnio Technology, LLC
Surgenex, LLC

Market Insights

Growing Applications of Amniotic Membrane
Amniotic membrane has been widely used in various surgical subspecialties and ophthalmology procedures. It is also used in the reconstruction of the conjunctiva surface, limbal stem cell deficiency or persistent epithelial defects, corneal ulcer, and ocular surface burns. Moreover, amniotic membrane is used for treating infectious and sterile corneal ulcers. There is significant tissue loss in case of corneal ulcers; the amniotic membrane can be used in layers to build thickness of cornea, thereby avoiding cornea transplantation. Amniotic membrane transplant can be performed quickly in case of ocular surface burn, and it has been reported to accelerate healing and reduce fibrosis, neovascularization, and patient's pain.

Further, the amniotic membrane has wound healing properties, along with a number of cytokines, growth factors, and antibacterial properties that reduce pain and enhance healing process. It is non-immunogenic, reduces inflammation and scar tissue formation, and provides a matrix for the proliferation of cells and migration.

Amniotic membrane is a source of stem cells, mimics human oral mucosa, and provides anti-inflammatory, immunomodulatory, and anti-scarring effects, which makes it a treatment option for periodontal regeneration. Due to such characteristics of amniotic membrane, its allografts have been used in soft orthopedic tissues and spine applications to prevent scar tissue formation, reduce pain, and promote healing.

Enzyme-Based Insights

Based on enzyme, the amniotic membrane market is segmented into cryopreserved amniotic membrane and dehydrated amniotic membrane. The cryopreserved amniotic membrane segment held a larger share of the market in 2019; whereas, the dehydrated amniotic membrane segment is anticipated to register a higher CAGR in the market during the forecast period. The growth of the cryopreserved amniotic membrane segment is attributed to its wide usage as a graft or dressing in surgical procedures. It can be stored for a longer period and extensive product offerings are provided by companies in the market. On the other hand, the dehydrated amniotic membrane is expected to be the fastest-growing segment. The application of dehydrated amniotic membrane is increasing due to its stable shelf life, and presence of active biological components that are required for medical uses. Additionally, a dehydrated amniotic membrane is used to treat a no healing defect on the ocular surface, such as a neurotrophic corneal ulcer.

Application-Based Insights

Based on application, the amniotic membrane market is segmented into surgical wounds, ophthalmology, and others. The surgical wounds segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period. The growth of this segment is determined due to advantages of the amniotic membrane. The amniotic membrane contains number of essential growth factors and cytokines, which enhances the wound healing process and reduces the pain. The membrane also has anti scarring properties and thus reduces scar tissue formation.

End User-Based Insights

Based on end user, the amniotic membrane market is segmented into hospitals, ambulatory surgical centers, specialty clinics, and research institute and academic institutes. The hospitals segment held the largest share of the market in 2019. The growing government funding for hospitals and rising hospitalization for patients drives the market growth. Growing hospital industry in emerging countries is also a key factor driving the growth of the market; whereas, the ambulatory surgical centers segment is estimated to register the highest CAGR in the market during the forecast period. High quality care, cost effective treatment prices, and expanding access are likely to favor the growth of the ambulatory surgical centers segment.

Strategic Insights

Product launches and expansion strategies are commonly adopted by companies to expand their footprint worldwide, meet the growing demand, and increase its product portfolio.

The key players operating in the amniotic membrane market adopt the strategy of product innovation to cater to changing customer demand across the world, which also permits the players to maintain their brand name globally.

By Enzyme

• Cryopreserved Amniotic Membrane
• Dehydrated Amniotic Membrane

By Application

• Surgical Wounds
• Ophthalmology
• Others

By End User

• Hospitals
• Ambulatory Surgical Centers
• Speciality Clinics
• Research Institute and Academic Institutes

The report analyses factors affecting the Amniotic Membrane Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Amniotic Membrane Market in these regions.

Moreover, the report entails the estimate and analysis for the Amniotic Membrane Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Amniotic Membrane Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Amniotic Membrane Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Amniotic Membrane Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Amniotic Membrane Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of Amniotic Membrane Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Amniotic Membrane market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Amniotic Membrane market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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