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How has the amniotic products market size evolved in recent years?

The size of the amniotic products market has seen a substantial increase in the past few years. The market is projected to expand from $0.99 billion in 2024 to $1.08 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The historical growth in this market is due to several factors including an uptick in burn injuries, an increased demand for regenerative medicine, the broader acceptance of amniotic products for treating surgical wounds, heightened public awareness of amniotic products as a legitimate treatment option, and the worldwide expansion of amniotic products.

What are the predictions for the amniotic products market size in the coming years?

The market size of amniotic products is expected to experience substantial growth in the upcoming years with a projection of reaching $1.52 billion in 2029, growing at an annual compound growth rate of 8.9%. The growth anticipated during this forecasted period can be credited to the rising patient inclination towards non-invasive therapy, an increasing number of chronic wound cases, partnerships and collaborations, the effect of COVID-19, increasing occurrences of ophthalmic conditions, and growing healthcare expenditure. The forecast period is also expected to be characterized by continuous technological advancements in product development, high growth potential, regional dynamics, the impact of COVID-19 leading to a potential global recession, an increase in the target patient population, and emerging economies.

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What key factors are fueling the growth of the amniotic products market?

The amniotic products market is set to grow due to an increase in trauma and accident cases. Trauma is referred to as physical injuries that happen suddenly and require immediate medical attention, whereas accidents are any unintentional incident causing harm, such as slips and falls, vehicle accidents, or sports injuries. One method of treating third-degree burn injuries is by using a full-thickness skin excision and a wound dressing composed of a hyper-dry human amniotic membrane. For example, data from Eurostats, an EU statistical office based in Luxembourg, showed that in April 2024, road traffic accidents in the EU resulted in 20,653 deaths in 2022, a 4% increase from the 19,917 deaths reported in 2021. Consequently, the surge in trauma and accident cases is fueling the growth of the amniotic products market.

How is the global amniotic products market divided into key segments?

The amniotic products market covered in this report is segmented –

1) By Type: Amniotic Membranes, Amniotic Suspensions

2) By Application: Wound Care, Orthopedics, Ophthalmology, Other Applications

3) By End-Use: Hospitals And Ambulatory Surgical Centers, Other End Users

Subsegments:

1) By Amniotic Membranes: Dehydrated Amniotic Membranes, Cryopreserved Amniotic Membranes

2) By Amniotic Suspensions: Liquid Amniotic Suspensions, Lyophilized Amniotic Suspensions

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Who are the key firms paving the way for growth in the amniotic products market?

Major companies operating in the amniotic products market include Stryker Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Lucina BioSciences LLC, Bioventus LLC, Organogenesis Inc., MiMedx Group, 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., NuVision Biotherapies Ltd., VIVEX Biologics Inc., Genesis Biologics Inc., Applied Biologics LLC, Next Biosciences, Surgenex LLC

Which trends are expected to transform the amniotic products market?

The advent of product innovation is observed as a significant trend making headway in the market for amniotic products. To maintain market dominance, top companies in the amniotic product landscape are creating innovative offerings. A prime example occurred in November 2022, when American life science firm Versea Health Inc. introduced Biovance 3L, an ocular tri-layer human amniotic membrane. Amniotic membrane products featuring tri-layers, such as Biovance 3L and Biovance 3L Ocular, come in sheet and disc varieties, with a particular focus on the surgical and ocular sectors. The allograft Biovance 3L Ocular provides an extracellular matrix that is utilized as a biological membrane covering. During wound healing, the barrier provided by the Biovance amniotic membrane encourages tissue growth.

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What regions are contributing significantly to the growth of the amniotic products market?

North America was the largest region in the amniotic products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the amniotic products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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