The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

As per The Business Research Company’s Amniotic Products Global Market Report 2023, The global amniotic products market is expected to grow from $0.82 billion in 2022 to $0.90 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The size of amniotic products market is expected to reach $1.25 billion in 2027 at a CAGR of 8.7%.

What was the major driver in the amniotic products market?
The rising number of trauma and accident cases is expected to propel the growth of the amniotic products market going forward. Trauma refers to physical injuries that develop suddenly and are severe enough to warrant rapid medical care, while accidents refer to any unintentionally harmful incident, such as a slip and fall, vehicle accident, or sports injury. Third-degree burn injury is treated using a full-thickness skin excision and a wound dressing made of a hyper-dry human amniotic membrane. For Instance, in December 2022, according to the Road Accidents in India 2021, published by the Ministry of the Road Transport and Highways, an India-based government ministry, 4,12,432 accidents were reported in 2021, a 12.6% increase compared to 3,66,138 accidents reported in 2020. Further, in May 2022, according to a report published by the National Highway Traffic Safety Administration, a US-based government agency, 42,915 people died in motor vehicle traffic crashes in 2021, a 10.5% increase from the 38,824 incidents in 2020. Therefore, the rising number of trauma and accident cases is driving the amniotic products market.

View More On The Amniotic Products Market Report 2023 – https://www.thebusinessresearchcompany.com/report/amniotic-products-global-market-report

What was the key trend in the amniotic products market?
Product innovation is a key trend gaining popularity in the amniotic products market. Major companies operating in the amniotic product market are developing innovative products to sustain their position in the market. For instance, in November 2022, Versea Health Inc., a US-based life science company, launched Biovance 3L ocular tri-layer human amniotic membrane. Tri-layer human amniotic membrane products, such as Biovance 3L and Biovance 3L Ocular, are available in sheet and disc form and are targeted toward the surgical and ocular markets. An extracellular matrix is provided by the allograft Biovance 3L Ocular, which is used as a biological membrane covering. The Biovance amniotic membrane serves as a barrier during the healing process of wounds and promotes tissue growth.

Which was the largest region in the amniotic products market?
North America was the largest region in the amniotic products market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in amniotic products report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the amniotic products market prominent players?
Major players in the amniotic products market are Stryker Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Lucina BioSciences LLC, Bioventus LLC, Organogenesis Inc., Alphatec Spine Inc., MiMedx Group, HMP Global, 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., Sanuwave Health Inc., NuVision Biotherapies Ltd., VIVEX Biologics Inc., Labtician Ophthalmics Inc., Genesis Biologics Inc., Applied Biologics LLC, Katena Products Inc., Next Biosciences, Surgenex LLC, and Ventris Medical LLC.

Key amniotic products market segments
The global amniotic products market 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

Request A Sample Of The Global Amniotic Products Market Report 2023:
https://www.thebusinessresearchcompany.com/sample_request?id=12032&type=smp

The Amniotic Products Global Market Report 2023  provides a comprehensive overview on the amniotic products market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

View More Related Reports –
Amniotic Membrane Global Market Report 2023
Metal Products Global Market Report 2023
Leather And Allied Products Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model