Press release
Amniotic Membrane Market Size Projected To Reach $2.86 Billion By 2034 With A Cagr Of 11%
Amniotic Membrane
What Is the Projected Growth of the Amniotic Membrane Market?
The Amniotic Membrane Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Amniotic Membrane Market?
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What Are the Different Amniotic Membrane Market Segments?
The amniotic membrane market covered in this report is segmented -
1) By Product: Cryopreserved Amniotic Membrane, Lyophilization Amniotic Membrane
2) By Application: Surgical Wounds, Ophthalmology, Other Applications
3) By End-Use: Hospitals, Ambulatory Surgical Centers (ASCs), Other End-Users
Subsegments:
1) By Cryopreserved Amniotic Membrane: Dehydrated Cryopreserved Amniotic Membrane, Fresh Cryopreserved Amniotic Membrane
2) By Lyophilization Amniotic Membrane: Sterilized Lyophilized Amniotic Membrane, Non-Sterilized Lyophilized Amniotic Membrane
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What Are the Primary Drivers Shaping the Amniotic Membrane Market?
The growing number of transplants is projected to drive the expansion of the amniotic membrane market. Transplantation, a surgical process that involves the relocation of tissue or an organ from one individual (the donor) to another, typically utilizes the amniotic membrane. The NHS Blood and Transplant Annual Report and Accounts for 2022-23 revealed that July 2023 saw a 2% increase in donors and a 5% hike in transplants in 2022-23, relative to 2021-22 in the UK. Hence, the increasing number of transplants is propelling the growth of the amniotic membrane market.
Which Companies Are Leading in the Amniotic Membrane Market?
Major companies operating in the amniotic membrane market include Alliqua BioMedical Inc., Amnio Technology LLC, Applied Biologics LLC, Human Regenerative Technologies LLC, Rivela DermaScience, MiMedx Group Inc., Skye Biologics Inc., Amniox Medical Inc., Integra LifeSciences Co., Organogenesis Holdings Inc., Bio-Tissue Inc., Stryker Corporation, Osiris Therapeutics Inc., Tissue-Tech Inc., DermaSciences Inc., Laboratoire CCD, VIVEX Biologics Inc., Merakris Therapeutics Inc., Thea Pharma Inc., Celularity Inc., Corza Ophthalmology, LifeCell International Pvt. Ltd., Smith & Nephew, RTI Surgical, BioLab Sciences, Allosure Inc., FzioMed Inc.
What Are the Major Trends Shaping the Amniotic Membrane Market?
Major corporations involved in the amniotic membrane market are innovating new solutions for surgical wounds in order to establish a competitive foothold in the industry. Surgical wounds are the cuts or injuries deliberately inflicted during surgical processes. For example, in September 2022, MiMedx Group Inc., a biomedical company based in Georgia, introduced AMNIOEFFECT, a tri-layer PURION processed human tissue allograft specifically designed for surgical applications. This product facilitates the healing process by encouraging the creation of granulation tissue. This tissue, which is human extracellular matrix (ECM) compatible and maintains more than 300 regulatory proteins, comprises the amnion, the intermediate, and the chorion membrane layers from the placenta. AMNIOEFFECT bolsters the company's Surgical Recovery product range, providing superior handling characteristics and enabling surgeons to firmly fix the tissue using stitches for managing surgical wounds.
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What Are the Top Revenue-Generating Geographies in the Amniotic Membrane Market?
North America was the largest region in the amniotic membrane market share in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the amniotic membrane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Amniotic Membrane Market?
2. What is the CAGR expected in the Amniotic Membrane Market?
3. What Are the Key Innovations Transforming the Amniotic Membrane Industry?
4. Which Region Is Leading the Amniotic Membrane Market?
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