What Are The 5 Top Insights From The Amniotic Membrane Market Forecast 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Amniotic Membrane Global Market Report 2023, the amniotic membrane market is expected to show significant growth in the forecast period.
Key insights from the amniotic membrane market forecast include:
- Market Size
The global amniotic membrane market is expected to grow from $1.49 billion in 2022 to $1.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The amniotic membrane market is expected to grow to $2.22 billion in 2027 at a CAGR of 8.2%. North America was the largest region in the amniotic membrane market in 2022
- Major Driver
The rise in the number of transplants is expected to propel the growth of the amniotic membrane market going forward. For instance, in 2021, according to the Australian Department of Health and Aged Care, an Australia-based department of the government responsible for health research, funding, promotion, and regulation, stated that there were 10.81k reported tissue transplant recipients from 3k tissue donors, including 2.7k living tissue donors which were doubled compared to 2020. Therefore, the rise in the number of transplants is driving the growth of the amniotic membrane market.
View More On The Amniotic Membrane Market Report 2023 – https://www.thebusinessresearchcompany.com/report/amniotic-membrane-global-market-report
- Key Trend
Product innovations are the key trend gaining popularity in the amniotic membrane market. Major companies operating in the market are introducing innovative products to sustain their position in the market. For instance, Americord Registry, a US-based core blood registry developed Placental Tissue 2.0™ with the launch of amniotic membrane biobanking which was a unique amniotic membrane in the industry. This unique membrane allows for the storage of two types of valuable stem cells such as mesenchymal stem cells (MSCs), and stem cells called amniotic epithelial cells (or AECs) that provide efficient resources responsible for new treatment opportunities.
- Major Players
Major players in the amniotic membrane market are Amnio Technology LLC, Applied Biologics LLC, FzioMed Inc., Human Regenerative Technologies LLC, Integra Lifesciences Holdings Corporation, Corza Ophthalmology, MiMedx Group Inc., Skye Biologics Inc., Tissue-Tech Inc., Stryker Corporation, Osiris Therapeutics Inc., Organogensis Inc., Derma Sciences, Surgenex, Barraquer Center.
- Top Market Segments
The global food diagnostics market is segmented –
1) By Product: Cryopreserved Amniotic Membrane, Lyophilization Amniotic Membrane
2) By Application: Surgical Wounds, Ophthalmology, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics, Research and Academic Institutes
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The Amniotic Membrane Global Market Report 2023 provides an in-depth analysis on the amniotic membrane market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the amniotic membrane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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