Amniotic Membrane Market to Grow with a CAGR of 12.98% through 2029
Increasing Demand for Regenerative Medicine and increase in the aging
population is expected to drive the Global Amniotic Membrane Market growth in
the forecast period, 2025-2029
According to TechSci Research report, “Amniotic
Membrane Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029F”, the Global Amniotic Membrane Market
stood at USD 3.19 billion in 2023 and is anticipated to grow with a CAGR of 12.98%
through 2029.
Increasing awareness of Amniotic Membrane has created favorable market conditions globally. Various factors are driving the growth of Amniotic Membrane products. Awareness of bifurcation lesions and available treatment options is steadily rising among healthcare professionals and patients. Medical associations, educational programs, and research initiatives have enhanced understanding of the complexities and challenges associated with bifurcation lesions. As healthcare professionals gain proficiency in diagnosing and treating these lesions, patient outcomes improve, expanding the market for bifurcation lesion-specific products.
The preference for minimally invasive procedures in treating coronary artery disease, including bifurcation lesions, is on the rise among patients and healthcare providers. These procedures offer advantages such as smaller incisions, shorter recovery times, and lower risks compared to traditional open-heart surgeries. The global trend toward minimally invasive cardiology interventions, like percutaneous coronary intervention (PCI), is driving demand for specialized tools and devices tailored for bifurcation lesions, thereby stimulating market growth.
Amniotic membrane is gaining popularity in wound care and tissue repair due to its rich composition of growth factors, cytokines, and extracellular matrix components that facilitate tissue regeneration. Its applications span various medical fields. In ophthalmology, it is utilized to treat conditions such as corneal ulcers and burns, leveraging its transparent and biocompatible properties to protect and repair ocular surfaces. In sports medicine and orthopedics, it aids in the recovery of musculoskeletal injuries, while in dermatology, it enhances skin regeneration for burns and chronic wounds. Dental and oral surgery also benefit from its use in tissue grafting and socket preservation following extractions.
The increasing prevalence of coronary artery disease, driven by factors like sedentary lifestyles and aging populations, contributes to the growing demand for effective treatment options for bifurcation lesions. Amniotic membrane has shown promise in wound care by accelerating healing and minimizing complications. Its application in ophthalmology has led to improved outcomes for eye-related conditions, while in orthopedics, it aids in pain reduction and tissue repair. However, challenges such as technical complexity, risk of complications, and cost and reimbursement issues may hinder market growth in the future.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Amniotic Membrane Market”
The Global Amniotic Membrane Market is segmented into product,
application, end-user, regional distribution, and company.
Based on application, the Surgical Wounds segment emerged as the dominant in the global market for Amniotic Membrane in 2023. Amniotic membranes, when applied to surgical wounds, have demonstrated the ability to expedite the wound healing process. These membranes contain growth factors, cytokines, and extracellular matrix components that support tissue regeneration. Surgical wounds treated with amniotic membranes tend to heal more quickly and efficiently, reducing the risk of complications and infections.
The use of amniotic membranes in surgical wounds can lead to reduced scarring and improved aesthetic outcomes. Their unique properties facilitate tissue repair while minimizing scar formation. This is especially valuable in cosmetic and plastic surgery, where patients often seek not only functional recovery but also optimal aesthetic results. The Surgical Wounds segment is versatile in its application across various surgical specialties. Amniotic membranes are employed in procedures such as dermatological excisions, plastic surgery, oral and maxillofacial surgery, orthopedic surgeries, and more. This versatility allows healthcare professionals from diverse fields to benefit from the use of amniotic membranes in their respective surgical practices. These factors are expected to drive the growth of this segment.
The Europe market is poised to be the fastest-growing
market, offering lucrative growth opportunities for Amniotic Membrane players
during the forecast period. Factors such as the healthcare system in Europe is
publicly funded, and several countries have embraced universal healthcare,
leading to an increased demand for healthcare products. The growing number of
patients with chronic illnesses is projected to drive healthcare professionals'
adoption of amniotic membranes. Therefore, the high
prevalence of chronic diseases and an uptick in surgical procedures are
expected to expedite market growth.
Major companies operating in Global Amniotic
Membrane Market are:
- Alliqua BioMedical Inc.
- Amnio Technology, LLC
- Applied Biologics
- Human Regenerative Technologies,
LLC
- Integra LifeSciences Corporation
- MiMedx
Group Inc.
- Skye Biologics Holdings, LLC
- BioTissue, Inc.
- Organogenesis, Inc
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“The advancement in technology technology and Increasing
demand for regenerative medicine are key drivers of the Amniotic Membrane Amniotic
membrane is explored as an alternative to traditional pain management methods.
Its anti-inflammatory properties can alleviate pain associated with
musculoskeletal injuries, neuropathy, and chronic pain conditions. Moreover,
the growing consumer emphasis on preventative healthcare has enhanced
production and marketing efforts. To meet the demands of the market,
manufacturers are increasingly incorporating cutting-edge technologies with
high production efficiency. Rising consumer acceptance and continuous product
innovation will further ensure the growth of the Amniotic Membrane market in the coming years.,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Amniotic Membrane Market – Global Industry Size, Share, Trends, Opportunity, & Forecast, Segmented By Product (Cryopreserved, Dehydrated), By Application (Surgical Wounds, Ophthalmology, Others), By End-User (Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics, Research And Academic Institutes), By Region, Competition, 2019-2029F”, has evaluated
the future growth potential of Global Amniotic Membrane Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Amniotic Membrane Market.
Contact
Techsci Research
LLC
420 Lexington
Avenue, Suite 300,
New York, United
States- 10170
Tel:
+13322586602
Email: [email protected]
Website: www.techsciresearch.com