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Global Amniotic Products Market 2023 Future Trends, Industry Outlook, Growth Strategies And Forecast To 2032 | Major Players Are Stryker Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Lucina BioSciences LLC, Bioventus LLC
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Amniotic Products Global Market Report 2023 identifies rising number of trauma and accident cases as the major driver for the Amniotic Products Market's growth in the forecast period. Trauma refers to physical injuries that develop suddenly and are severe enough to warrant rapid medical care, while accidents refer to any unintentionally harmful incident, such as a slip and fall, vehicle accident, or sports injury. Third-degree burn injury is treated using a full-thickness skin excision and a wound dressing made of a hyper-dry human amniotic membrane.
The global amniotic products market size is expected to grow from $0.82 billion in 2022 to $0.90 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of amniotic products market is expected to reach $1.25 billion in 2027 at a CAGR of 8.7%.
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Major competitors in the amniotic products market are Stryker Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Lucina BioSciences LLC, Bioventus LLC, Organogenesis Inc., Alphatec Spine Inc., MiMedx Group, HMP Global, AlloSource, Orthofix US LLC, ACell Inc., Aziyo Biologics Inc., TissueTech Inc., Amino Technology LLC, LifeCell International Pvt. Ltd., Tissue Regenix Group plc, Aroa Biosurgery Limited, Skye Biologics Inc., Celularity Inc., Sanuwave Health Inc., NuVision Biotherapies Ltd., VIVEX Biologics Inc., Labtician Ophthalmics Inc., Genesis Biologics Inc., Applied Biologics LLC, Katena Products Inc., Next Biosciences, Surgenex LLC, and Ventris Medical LLC.
A key trend in the Amniotic Products Market includes product innovation. Major companies operating in the amniotic product market are developing innovative products to sustain their position in the market. For instance, in November 2022, Versea Health Inc., a US-based life science company, launched Biovance 3L ocular tri-layer human amniotic membrane. Tri-layer human amniotic membrane products, such as Biovance 3L and Biovance 3L Ocular, are available in sheet and disc form and are targeted toward the surgical and ocular markets. An extracellular matrix is provided by the allograft Biovance 3L Ocular, which is used as a biological membrane covering. The Biovance amniotic membrane serves as a barrier during the healing process of wounds and promotes tissue growth.
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The Amniotic Products Market is segmented -
By Type: Amniotic Membranes, Amniotic Suspensions
By Application: Wound Care, Orthopedics, Ophthalmology, Other Applications
By End-Use: Hospitals And Ambulatory Surgical Centers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Amniotic Products Market.
The Business Research Company's "Global Amniotic Products Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Amniotic Products Market Include:
1. Executive Summary
2. Amniotic Products Market Characteristics
3. Amniotic Products Market Trends And Strategies
4. Amniotic Products Market - Macro Economic Scenario
5. Amniotic Products Market Segmentation
……
32. Global Amniotic Products Market Competitive Benchmarking
33. Global Amniotic Products Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Amniotic Products Market
35. Amniotic Products Market Future Outlook and Potential Analysis
36. Appendix
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