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The Amniotic Membrane Market Which Was USD 1326.29 Million In 2021, Would Rocket Up To USD 3123.20 Million By 2029, And Is Expected To Undergo A CAGR Of 11.30% During The Forecast Period 2022 To 2029.
The Amniotic Membrane Market and Size
The amniotic membrane is the deepest layer of foetal membrane that is taken from a woman's placenta and used as a transplant material for cases such as severe trauma wounds, burnt skin, chronic wounds, and others. Due to technical advancements in the development of cost-effective therapeutics, the amniotic membrane market is likely to rise significantly during the forecast period 2022 to 2029. The market is expected to develop due to an increase in amniotic membrane transplantation, increased knowledge and education about the benefits of amniotic membrane transplantation, and the growing geriatric population.
Amniotic Membrane Market Dynamics
Drivers
- High incidence of burn wound cases
According to WHO, the majority of burn incidents occur in low- and middle-income countries, with over two-thirds happening in Africa and Southeast-Asia. Because burn wounds are so common, demand for wound care biologics such as amniotic membranes has skyrocketed. In India, one million people suffer from mild to severe burns each year (Source: WHO). Burns are also common in other Southeast Asian nations like Bangladesh and Nepal. The amniotic membrane burn therapy market is growing because it is effective in treating severe burn wounds.
Opportunities
- Amniotic tissues and amniotic membrane fluid-promising treatment methods
The global amniotic membrane market is expected to be driven by the ageing population, expansion of amniotic membrane transplant indications, increased research and development
(R&D) investments in AMT by key players, increased focus on amniotic tissues cell and stem cell research, unmet clinical needs, regulatory harmonisation, and other factors.
Restraints/Challenges
However, in the forecast period 2022 to 2029, limits on the usage of amniotic membranes and strict government regulations may impede the growth of the Europe amniotic membrane market. AM is now being researched for application in the treatment of cancer, lung injury, and other internal organ damage. Despite the positive results of lung damage treatment, the use of this treatment on patients is still up in the air. Because of the limited use of AM on skin tissues and some external organs, it has come to a halt in other therapies, and more study is undertaken. As a result, it is the only roadblock to AM's usage in medical treatment of chronic disorders in humans.
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Amniotic Membrane Market Scope
The amniotic membrane market is segmented on the basis of type, product, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Cryopreserved
- Lyophilized
Application
- Surgical Wounds
- https://www.databridgemarketresearch.com/reports/global-ophthalmology-drugs-devices-market
- Others
End-User
- Hospitals
- Specialized Clinics
- Ambulatory Surgical Centres
- Academic Research Centres
Competitive Landscape and Amniotic Membrane Market Share Analysis
The Amniotic Membrane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Amniotic Membrane market.
Key Players Amniotic Membrane Market
- Tissue-Tech Inc. (U.S)
- Applied Biologics (U.S)
- LifeLike BioTissue (U.S)
- Celularity Inc, (U.S)
- Labtician Ophthalmics Inc. (Canada)
- Smith+Nephew (U.K)
- Stryker (U.S)
- WWW.SURGILOGIX.COM. (U.S)
- Integra LifeSciences (U.S)
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Amniotic Membrane Market Regional Analysis/Insights
The countries covered in the Amniotic Membrane market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Research Methodology: Global Amniotic Membrane Market
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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