Authored By: Sarah
27 May 2021

Amniotic Membrane Market Size to Grow by $ 954.86 mn through 2021-2025

The amniotic membrane market is expected to grow by $ 954.86 mn, accelerating at a CAGR of almost 12% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Amniotic Membrane Market: Segmentation by Type

This report provides a detailed analysis of the market by Type (Cryopreserved amniotic membrane and Dehydrated amniotic membrane) and Geography (North America, Europe, Asia, and ROW). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Amniotic Membrane Market: Top Drivers for Growth

  • Amniotic membrane transplantations have transformed the treatment of ophthalmic conditions, specifically treatments related to ocular surface reconstruction. This has led to the growth of the Amniotic membrane transplantations market.
  • Ocular surface reconstruction procedures have significantly improved due to the characteristic properties of amniotic membranes that facilitate the migration of epithelial cells, reinforce cellular adhesion, and encourage epithelial diffraction. 
  • Amniotic membranes can modulate stromal scarring and have anti-inflammatory properties. As a result, ophthalmologists are increasingly using amniotic membrane-based transplantation in corneal surface reconstruction for the treatment of bullous keratopathy, glaucoma or cataract, and corneoscleral ulcers. 
  • Grafts sourced from amniotic membranes are being adopted as an alternative for conjunctival and corneal reconstruction in acute burn cases which has led to the growth of the amniotic membrane transplantations.

Amniotic Membrane Market Size to Grow by $ 954.86 Million through 2021-2025 | Leading Segments and Market Drivers

Amniotic Membrane Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Celularity Inc., Human Regenerative Technologies LLC, Integra LifeSciences Holdings Corp., Katena Products Inc., MiMedx Group Inc., NuVision Biotherapies Ltd., Orthofix Medical Inc., Stryker Corp., Surgenex LLC, and TissueTech Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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