Global Amniotic Membrane Market is Predicted to Grow at a CAGR of ~5% During 2022-2031; Rise in Number of Burn Cases to Elevate Growth – Kenneth Research

Kenneth Research

Kenneth Research

Key Companies Covered in Kenneth Research’s Global Amniotic Membrane Market Research Report are MIMEDX, Inc., Skye Biologics Holdings, LLC, Katena Products, Inc., Amnio Technology, LLC, Applied Biologics LLC, Integra LifeSciences Corporation, Human Regenerative Technologies , LLC , Stryker, Organogenesis Inc., BioTissue, Inc. and other major market players.

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) — Kenneth Research has published an in-depth market report on “Global Amniotic Membrane Market‘ for the forecast period, i.e. 2022 – 2031, which includes the following factors:

  • Market growth over the forecast period

  • Detailed regional summary

  • market segmentation

  • growth accelerator

  • challenges

  • Key market players and their detailed profiling

Global Amniotic Membrane Market Size:
It is estimated that the global amniotic membrane market will grow at a CAGR of approximately 5% during the forecast period. The growth of the market is attributed to the increasing number of burn cases. According to the World Health Organization, burns are the cause of 180,000 deaths annually, with the majority occurring in low- and middle-income countries. In recent years, the amniotic membrane has gained great importance due to its ability to restore epidermal function and integrate into the healing process.

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Depending on the indication, amniotic membrane is also used as a patch in the treatment of eye diseases. Therefore, increasing prevalence of dry eye is another important factor that is expected to boost the growth of the market. Newly developed treatments for difficult dry eye cases use amniotic membranes. These membranes are ethically sourced stem cell tissue that can repair and regenerate the ocular surface.
About 20 million Americans age 50 or older have less severe dry eye symptoms, while about 5 million have more severe symptoms.

Global Amniotic Membrane Market: Key Insights

  • North America holds the highest market share

  • Cryopreserved segment of amniotic membranes to drive highest growth

  • Asia-Pacific region shows clear presence

Increase in Accidents and Sports Injuries to Boost Market Growth
Athletics, which is a sport, is quite common to suffer injuries. However, sometimes the injury can be severed. Sports-related injuries are the second most common reason children and young people visit the emergency room, and they are also the second most common reason children and young people are injured at school. Around 2 million young people are treated for sports injuries in the emergency departments of hospitals, and another approximately 4 million young people are treated for injuries by their family doctor or in a sports medicine clinic. Hence, this factor is estimated to fuel the growth of the amniotic membrane market.

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In the modern world there are various events that can cause tissue damage or dysfunction such as: B. Trauma or congenital or genetic diseases. There are more and more accidents worldwide. According to the World Health Organization, around 1.3 million people die prematurely every year from a traffic accident. Between 20 and 50 million additional people have non-fatal injuries, many of whom are disabled as a result.

To get more insights of global Amniotic Membrane market analysis browse research report summary @ https://www.kennethresearch.com/report-details/amniotic-membrane-market/10085595

Global Amniotic Membrane Market: Regional Overview

The global amniotic membrane market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

Increasing geriatric population is projected to drive market growth in North America region

It is estimated that the amniotic membrane market in North America will generate the largest revenue by the end of 2031, supported by the growing geriatric population in this region. The number of Americans ages 45-64 (who could turn 65 in the next 20 years) increased 4% between 2009 and 2019, from 80.3 million to 83.3 million. rise. Dry eye syndrome is common in older people. An increase in demand is therefore to be expected.

Rising burning incidents favor growth in Asia-Pacific

The Asia Pacific market is expected to show significant growth through the end of 2031. The growth of the market in this region is attributed to rising incidents of arson. According to the World Health Organization, more than 100,000 people in India suffer minor to severe burns every year. Another factor expected to fuel the growth of the market in this region is high population growth and increased spending on reconstructive surgeries.

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The study further considers YOY ​​growth, demand and supply, and projected future opportunities in:

  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark]Poland, Turkey, Russia, rest of Europe)

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

  • Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman]North Africa, South Africa, Rest of Middle East and Africa).

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Global Amniotic Membrane Market Segmentation by Product Type

The cryopreserved amniotic membrane segment is expected to generate the largest revenue by the end of 2031 as it is increasingly used in eye surgeries. According to studies, it is able to successfully reduce inflammation in HSV keratitis, the leading cause of blindness. Additionally, according to the American Academy of Ophthalmology, HSV keratitis is becoming more common, with 1.5 million cases reported annually worldwide.

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Global Amniotic Membrane Market, Segmentation by End-User

The hospital segment is expected to hold the largest market share during the forecast period. The growth of the segment is due to a large number of people visiting hospitals. It is estimated that over 35 million people were hospitalized in the United States in 2019. Another reason that should boost market expansion is the increasing use of amniotic membranes in ASCs. These products are easy to use, efficient and support wound healing without the need for numerous visits to clinics or hospitals.

Global Amniotic Membrane Market Segmentation by Application

  • surgical wounds

  • dermatology

  • ophthalmology

  • Other

Some of the well-known leaders in the global amniotic membrane market profiled by Kenneth Research are MIMEDX, Inc., Skye Biologics Holdings, LLC, Katena Products, Inc., Amnio Technology, LLC, Applied Biologics LLC, Integra LifeSciences Corporation, Human Regenerative Technologies , LLC, Stryker, Organogenesis Inc., BioTissue, Inc. and other major market players.

For more information or questions or required adjustments @ https://www.kennethresearch.com/sample-request-10085595

Recent development in the global amniotic membrane market

  • On June 15, 2022, a collaboration agreement was signed between MiMedx Group, Inc., a revolutionary placental biologics company, and Nordic Bioscience Clinical Development A/S (NBCD), a leading contract research organization (CRO) specializing in clinical osteoarthritis (OA). has, closed exams, has been announced. The Company’s injectable, micronized human amniotic chorionic dehydrated membrane (mdHACM) may act as a disease-modifying osteoarthritis drug (DMOAD) and potentially mitigate the progression of OA. Image Analysis Group, a specialist imaging company, will also provide state-of-the-art tools to identify this potential.

  • On June 27, 2022, the research of the co-founder and Chief Technology Officer of BioTissue, Inc., a pioneer in using human birth tissue to enable regenerative repair of ocular surface diseases, became the most cited laboratory study in the field of corneal research.

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