Amniotic Membrane Market Key Players, Share, Size, Trends, Aftermarket, Growth, Opportunities, and Regional Forecast To 2031

The amniotic membrane market is expected to reach US$ 2,808.39 million by 2031 from US$ 1,827.85 million in 2022, growing at a CAGR of 7.4% from 2022 to 2031.
The report highlights trends prevailing in the market and factors driving its growth. The market's growth is attributed to the rising use of amniotic membranes in eye surgeries. However, the breakdown of membranes is hindering the growth of the global amniotic membrane market.

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Key Players Analysis:

• Applied Biologics LLC
• Integra Life Sciences Corporation
• Skye Biologics Inc
• MiMedx
• Organogenesis Inc
• Smith Nephew
• Amniox Medical Inc
• Katena Products Inc
• Amnio Technology LLC

Enzyme Insights:

Based on enzyme, the global amniotic membrane market is divided intocryopreserved amniotic membrane and dehydrated amniotic membrane. Cropreserved amniotic membrane segment captured the largest share in 2021 and is expected to continue a similar trend during the forecast period. Cryopreservation was first introduced by Lee and Tseng and has been proven to achieve high success rate in amniotic membrane transplantation and has been distinguished from many other types of methods for its advantages such as prolonging use span, optimally retaining tissue structure, and minimizing infection risk. On the other hand, dehydrated amniotic membrane is expected to witness the highest growth during the forecast period owing to its increasing shelf-life.

Application Insights:

Based on application, the amniotic membrane market has been segmented into surgical wounds, ophthalmology, and others. The surgical wounds captured the largest share in 2021 and is expected to continue a similar trend during the forecast period. Owing to the presence of large number of cytokines and essential growth factors, amniotic membrane is an ideal option for treating surgical wounds. The also enhances the wound healing process.

End User Insights:

Based on end user, the amniotic membrane market is segmented into hospitals, ambulatory surgical centers, specialty clinics, and academic & research institutes. In 2021, the hospitals segment held the largest share of amniotic membrane market and is expected to continue a similar trend during the forecast period. The adoption of new technology methods by hospitals across the globe has resulted in the growth of overall industry. Amniotic membrane therapy is an option for those who are at risk of limb amputation. An amniotic membrane is a sustainable and powerful option, especially with new preservation techniques that allow them to be available across various clinical settings such as hospitals, clinics, specialty clinics, and ambulatory surgical centers.

The report segments the amniotic membrane market as follows:

The amniotic membrane market is bifurcated into enzyme, application, end user, and geography. Based on enzyme, the global amniotic membrane market is divided intocryopreserved amniotic membrane and dehydrated amniotic membrane. Based on application, the amniotic membrane market has been segmented into surgical wounds, ophthalmology, and others. Based on end user, the amniotic membrane market is segmented into hospitals, ambulatory surgical centers, specialty clinics, and academic & research institutes.  Based on geography, the amniotic membrane market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Amniotic Membrane Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Amniotic Membrane Market by each region is later sub-segmented by respective countries and segments.

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This release was published on openPR.