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Europe Amniotic Membrane Market Industry Insights, Trends, and Forecasts to 2029
Market Analysis and Insights: Europe Amniotic Membrane MarketEurope amniotic membrane market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.1% in the forecast period of 2022 to 2029 and is expected to reach USD 304.39 million by 2029 from USD 166.50 million in 2021.
The amniotic membrane, also known as the amnion, is the innermost layer of the placenta. It consists of a very thick basement membrane and an avascular stromal matrix. Amniotic membrane transplantation has been used as a graft or in the form of a dressing in various surgical specialties. Amniotic membrane transplantation is widely used in pterygium surgery, where the abnormal tissue from the corneal side is peeled off without damaging the underlying corneal tissue, and then the amniotic membrane tissue is transplanted there.
The Europe amniotic membrane market is growing in the forecast year due to the rise in the number of accidents, burn injuries, and trauma cases and also due to the rising adaptation of amniotic membrane transplantation in ophthalmology. Along with this, manufacturers are engaged in R&D activity for launching novel products in the market. However, the limitations for the use of amniotic membranes and stringent government regulations may hamper the growth of the Europe amniotic membrane market in the forecast period.
The Europe amniotic membrane market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Europe Amniotic Membrane Market Scope and Market Size
Europe amniotic membrane market is segmented into three notable segments which are based on the basis of product, application and end-user.
On the basis of product, the Europe amniotic membrane market is segmented into a cryopreserved amniotic membrane, dehydrated amniotic membrane, and others. In 2022, the dehydrated amniotic membrane segment is expected to dominate the market due to the rising number of relatable products in the market and also a large number of beneficial effects of amniotic membranes.
On the basis of application, the Europe amniotic membrane market is segmented into surgical wounds, ophthalmology, and others. In 2022, the surgical wounds segment is expected to dominate the market due to the increasing number of trauma and burn injuries due to road traffic accidents (RTA).
On the basis of end-user, the Europe amniotic membrane market is segmented into hospitals, ambulatory surgical centers, research institutes and academic institutes, and specialty clinics. In 2022, the hospitals segment is expected to dominate the market as the number of burn injuries and trauma is increasing, and they require immediate surgery.
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