Press release
Amniotic Membrane Market Size is Expected to Reach ~US$ 2.4 Bn and Growing at ~10% CAGR by 2027
According to the report, the global ๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐ฆ๐๐ฆ๐๐ซ๐๐ง๐ market to reach a valuation of ~US$ 2.4 Bn by 2027. It is projected to expand at a CAGR of ~10% from 2019 to 2027.๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
โข The amniotic membrane is a thin tissue that covers the fetal side of the placenta. Human amniotic membranes have been used for more than 100 years as a biomaterial for the surgical reconstruction of different tissues because they promotes wound healing.
โข The two primary types of amniotic membranes are cryopreserved amniotic membranes and lyophilization amniotic membranes.
โข Growth of the global amniotic membrane market can be attributed to increase in the number trauma cases, burn injuries, and other accidental cases where amniotic membranes can be used for wound healing.
โข North America dominated the global amniotic membrane market in 2018, and the trend is anticipated to continue during the forecast period. Increase in the incidence of trauma cases and accidents, and rise in the number of FDA approvals and product launches in the U.S. contribute to North America's leading share. Moreover, the presence of well-developed healthcare infrastructure and leading companies fuel the growth of the amniotic membrane market in the region.
โข Asia Pacific is expected to be a highly lucrative market for amniotic membranes during the forecast period. The amniotic membrane market in the region is likely to expand at a high CAGR from 2019 to 2027
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ (๐๐ฌ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐๐ข๐ฅ ๐๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ค ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=42059
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐๐ฌ๐๐๐ซ๐๐ก ๐จ๐ง ๐๐ญ๐๐ฆ ๐๐๐ฅ๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ฒ & ๐๐๐ ๐๐ง๐๐ซ๐๐ญ๐ข๐ฏ๐ ๐๐๐๐ข๐๐ข๐ง๐ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ
โข Several regenerative medicines for orthopedics and wound healing have received U.S. FDA approval, and many are currently being studied in preclinical and clinical stages. Amniotic membranes along with their epithelial and mesenchymal stem cells are an appropriate source for regenerative medicine and skin tissue engineering.
โข In May 2019, a team from the University of Alexandria, Egypt, began research on the therapeutic efficiency of human amniotic membrane plugs in promoting the closure of large macular holes.
โข A number of players are also investing in the improvement of the efficiency of amniotic membranes for wide acceptance.
โข Increase in research on amniotic membranes as a regenerative medicine is projected to drive the global amniotic membrane market.
๐๐ซ๐ฒ๐จ๐ฉ๐ซ๐๐ฌ๐๐ซ๐ฏ๐๐ ๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ
โข The cryopreserved amniotic membrane segment dominated the global amniotic membrane market in 2018, and the trend is likely to continue during the forecast period.
โข Using a cryopreserved amniotic membrane is the first-line approach in an ocular surface surgery, owing to its positive effects on wound healing and anti-inflammatory properties.
๐๐ฉ๐ก๐ญ๐ก๐๐ฅ๐ฆ๐จ๐ฅ๐จ๐ ๐ฒ ๐ญ๐จ ๐๐ ๐๐ซ๐จ๐ฆ๐ข๐ฌ๐ข๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข In terms of application, the global amniotic membrane market has been classified into surgical wounds, ophthalmology, and others
โข The surgical wounds segment dominated the global amniotic membrane market in 2018. Rise in the number of injuries while playing sports and due to falls is likely to drive the segment.
โข Growth of the ophthalmology segment can be attributed to increase in the number of ophthalmic indications.
๐๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ๐ฌ ๐๐๐๐จ๐ฎ๐ง๐ญ ๐๐จ๐ซ ๐๐๐ฃ๐จ๐ซ ๐๐ก๐๐ซ๐ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
โข The hospitals segment dominated the global amniotic membrane market in terms of revenue in 2018, and the trend is projected to continue during the forecast period.
โข Growth of the segment can be attributed to rise in hospitalization rates and wide range of services offered at a single site.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ
โข North America accounted for a major share of the global amniotic membrane market in 2018, owing to the introduction of new products, increase in regulatory approval of amniotic membranes, and rise in the usage of these membranes for wound healing in countries such as the U.S.
โข The amniotic membrane market in Asia Pacific is likely to expand at a high CAGR from 2019 to 2027. Significant growth of the amniotic membrane market in the region can be attributed to increase in the incidence of trauma cases, accidents, and burn injuries, and rise in the demand for wound healing therapeutics.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=42059<ype=S
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
โข MiMedx, Integra LifeSciences, and Osiris Therapeutics, Inc. are the leading players in the global amniotic membrane market.
โข The global amniotic membrane market is fragmented in terms of number of players. Key players in the global amniotic membrane market include Amnio Technology, LLC, Katena Products, Inc., MiMedx, Skye Biologics, Inc., Integra LifeSciences, Applied Biologics, Human Regenerative Technologies, LLC, Tissue Tech, Osiris Therapeutics, Inc., and Stryker.
โข New product development through robust R&D activities and mergers & acquisitions are the key strategies adopted by these players to expand in the global amniotic membrane market.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Cryopreserved Amniotic Membrane
Lyophilization Amniotic Membrane
๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Surgical Wounds
Ophthalmology
Others
๐๐ฆ๐ง๐ข๐จ๐ญ๐ข๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Hospitals
Ambulatory Surgical Centers
Specialized Clinics
Research Centers & Laboratory
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐ข๐๐๐๐ญ๐๐ฌ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ - https://www.globenewswire.com/news-release/2022/04/11/2420298/0/en/Revenue-of-Diabetes-Devices-Market-to-Reach-US-73-4-Bn-by-2027-TMR-Report.html
๐๐๐๐ซ๐ญ ๐๐๐ฅ๐ฏ๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ-https://www.globenewswire.com/news-release/2022/05/24/2449222/0/en/Revenue-of-Heart-Valve-Devices-Market-Estimated-at-US-26-3-Mn-by-2031-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
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