Amniotic Membrane Market Research Report - Global Forecast till 2027

Amniotic Membrane Market: Information by Type (Cryopreserved and Lyophilized), Application (Surgical Wounds, Ophthalmology, Stem Cell Biology, Regenerative Medicine, Others), by End User (Hospitals & Clinics, Others) and Region - Global Forecast till 2027

ID: MRFR/LS/4190-CR | October 2019 | Region: Global | 116 pages

Market Overview

With an expected CAGR of 12.67% and a market value estimation of USD 2,690.22 million by the end of 2025, the amniotic membrane market will experience steady and fast growth for sure. A combination of the cells and tissues aids in healing the wounds by providing a solid foundation for the development of the soft tissues. The significant areas of application are in eye surgery in the form of a biological bandage, and it helps in healing or replacing the damaged tissue of the eye.

An increase in the population of the patients and an increase in the amniotic membrane transplantation, which are human amniotic membrane-based, along with the rise in the awareness of the diseases, has led to the growth of the amniotic membrane market. The market will witness a development of a high magnitude because of the reasons mentioned earlier.

COVID-19 analysis

With an era that marks the pause in many businesses worldwide, the COVID-19 analysis of the amniotic membrane market share is as critical as an organization’s actual working. The study has all the aspects of the qualitative and quantitative aspects of the present market scenario. The reports that the industry experts have prepared after thorough research and study of the global market give an in-depth analysis of the market. While the steps to be implemented to make sure that the business can combat the losses they had incurred are discussed briefly, future planning to ensure the smooth running of the company is also provided in the market report. The points that also help the business owner and the staff self-analyze themselves and work on the limitations are also discussed in brief. This I predicted COVID- 19 times made easier for the business with these reports.

Market dynamics

Drivers - The amniotic membrane market size is being significantly benefited by various factors like an increase in the rate of geriatric population worldwide, amniotic membrane allograft, and an increase in the research and studies on the same in various forms. Also, there has been an increase in awareness about the benefits of amniotic membrane transplantation.

Restraints -A significant factor that has been hampering the growth of the market hence becoming a challenge in the development includes the rise in the cost of healthcare. The treatment costs involving amniotic membrane stem cells incur high prices and are not very pocket-friendly. This is why it cannot get available to everyone and causes a deterioration in the amniotic membrane market share.

Cumulative growth analysis - Though the market expects steady and fast growth, the factors pulling back the development are a matter of concern. All these factors affecting the growth might be slightly different in different regions but have a very similar outlook.

Regulatory analysis

Regulations that impact the market might not be straightforward but tend to affect the growth in one or the other way. There are no such restrictions imposed by the governments and the regulatory bodies across the globe, but the stringent laws passed for procedures involved in the amniotic membrane graft tend to impact the market to a great extent. While the organizations involved in the same area are trying to get beyond by ensuring the introduction of the latest technologies and making efforts to lower the cost involved, the market is indeed getting a solid push towards success. No wonder the amniotic membrane market, which is not very new, has made its position in the global economy. Also, it is expected to grow at a fast pace and get to a point where it can achieve the towers of success.

Amniotic Membrane Market Revenue, by Type, 2025 (USD Million)

Sources: MRFR Analysis

The amniotic membrane market is divided into segments. They are:

Based on the type

Based on the application

Based on the end-user

Based on the type: Based on the classes, the market has the following subcategories:

Lyophilized amniotic membrane

Cryopreservation amniotic membrane

The cryopreservation amniotic membrane segment leads the market with a significant share.

Based on the application: The market has the following sub-classifications based on the application:

Ophthalmology amniotic membrane market

Wound care

Orthopedics

Others

The segment that dominates the market is the wound care segment. With the highest share in the market and the highest projected CAGR, the part would undoubtedly stay at the top. The ophthalmology amniotic membrane market follows the next position.

Based on the end-user: Based on the end-user, the market has the following subcategories:

Hospitals

ASCs

Other

The hospital segment of the market tends to dominate with a considerable share in the market and a very high projected CAGR.

Amniotic Membrane Market Share, by Region, 2018 (%)

Sources: MRFR Analysis

Regional Analysis

Based on the region, the market has the following segments:

Americas

Europe

Asia pacific

Others

The Amniotic membrane market in the USA dominated the market in 2018 with a share of 37.4% and a projected CAGR of 11.75%. The Asia Pacific expects the fastest growth in the market, with India leading the region, anticipating growth of 14.09% during the forecast period.

The European market expects an amniotic membrane market size of 870 million USD, by the end, of the year 2025. This is major because of the increase in pterygium, conjunctival surface reconstructions, and ocular reconstruction surgeries. Germany is the leading contributor in the European market. The other parts of the world do not hold many shares as such. The growth in the market is expected to be very fat in almost all the regions across the globe.

Competitive Landscape

The amniotic membrane market competition by top manufacturers are as follows: Applied Biologics (US), Osiris Therapeutics, Inc. (US), Alliqua BioMedical, Inc. (the US), Amnio Technology, LLC (US), Integra LifeSciences (US), MiMedx (US), Human Regenerative Technologies, LLC (US), Skye Biologics Inc. (California), Katena Products, Inc. (US) and Amniox Medical, Inc. (Florida).

All the major players in the market have been following strict guidelines on the implementation of the rules and regulations. They have also been making sure that they work for their organizations and work for the upliftment of the entire market. Various collaborations, acquisitions, and mergers among themselves have bought tremendous growth in the market. They have also been working as an idol for the newcomers. The strategies they have been following are indeed the ones that have bought them to this position. They have also been working on bringing new technologies and improving the growth of the market.

Recent advancements

Here is the list of the recent advancements in the market:

In 2018, services of preventative medicines products were introduced by Smith and Nephew acquired crisis therapeutics. The products aid in the skin and bone grafts and also the articular cartilage substitutes.

US FDA granted regenerative medicine advanced therapy in the year 2018. It was designated to MiMedx's AmnioFix, which is used in the treatment of osteoarthritis.

NuTech was acquired by organogenesis in 2017 to promote and take its products to the next level. The companies now offer the next level portfolio for the wound care and the surgical markets.

Advancements in the market are being made to ensure the availability of the products and the services at lower rates.

Various collaborations and acquisitions are made to promote the growth of the melt in the global economy.

Report overview

The reports that have been prepared exclusively for the companies on the amniotic membrane market have everything they would require for the smooth running of the business. Starting from the market overview to the analysis of the market based on the COVID-19 scenario is discussed in the report.

Also, the market dynamics discussing the factors promoting the growth and hampering the development of the market are discussed. The segmentation of the market based on the type, application, and end-user is concerned with the regional analysis. Various top players in the market are also discussed, including the plans and strategies they have implemented for themselves and the market. The recent developments discussed in the report enable the organizations to self-introspect and work on the limitations.

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Frequently Asked Questions (FAQ) :

At what CAGR is the Global Amniotic Membrane Market projected to grow in the forecast period (2020-2027)?

Amniotic Membrane Market is projected grow at approximately 12.67% CAGR during the assessment period (2020-2027).

How much is the amniotic membrane market in the global worth in the future?

The valuation of the Global Amniotic Membrane Market is estimated to increase to USD 2,690.22 MN by the end of 2025.

Which is the major segment in the Global Amniotic Membrane Market?

The cryopreserved amniotic membrane segment by Type, holds the largest share in the Global Amniotic Membrane Market.

Which region holds the largest share in the Global Amniotic Membrane Market?

North America holds the largest share in the Global Amniotic Membrane Market, followed by Europe and the Asia Pacific, respectively.

Who are the top players in the Global Amniotic Membrane Market?

Alliqua BioMedical, Inc. (US), Applied Biologics (US), Integra LifeSciences (US), MiMedx (US), Skye Biologics Inc. (California), Amniox Medical, Inc. (Florida), Human Regenerative Technologies, LLC (US), Katena Products, Inc. (US), Osiris Therapeutics, Inc. (US), and Amnio Technology, LLC (US), are some of the major players operating in the Global Amniotic Membrane Market.

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 Definition 15

2.2 Scope Of The Study 15

2.3 Assumptions & Limitations 15

2.3.1 Assumptions 15

2.3.2 Limitations 15

2.4 Market Structure 16

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 Introduction 26

4.2 Drivers 27

4.2.1 Rising Amniotic Membrane Transplantations 27

4.2.2 Rapid Growth In The Geriatric Population 27

4.2.3 Increasing Research Activities 28

4.3 Restraints 28

4.3.1 Rising Healthcare Cost 28

4.3.2 Stringent Regulatory Policies 28

4.4 Opportunities 29

4.4.1 Entering Developing Economies 29

4.4.2 Increasing Awareness About The Advantages Of Amniotic Membrane Transplant 29

5 MARKET FACTOR ANALYSIS

5.1 Value Chain Analysis 30

5.1.1 R&D 30

5.1.2 Manufacturing 30

5.1.3 Distribution & Sales 30

5.1.4 Post-Sales Monitoring 31

5.2 Porter’s Five Forces Analysis 31

5.2.1 Bargaining Power Of Suppliers 31

5.2.2 Bargaining Power Of Buyers 32

5.2.3 Threat Of New Entrants 32

5.2.4 Threat Of Substitutes 32

5.2.5 Intense Rivalry 32

5.3 Investment Opportunities 33

5.4 Pricing Analysis 33

6 Amniotic Membrane Market, By Type

6.1 Overview 34

6.2 Cryopreservation Amniotic Membrane 35

6.3 Lyophilized Amniotic Membrane 36

7 Amniotic Membrane Market, By Application

7.1 Overview 37

7.2 Surgical Wounds 38

7.3 Ophthalmology 39

7.4 Stem Cell Biology 39

7.5 Regenerative Medicine 40

7.6 Prenatal Diagnosis 41

7.7 Others 41

8 Amniotic Membrane Market, By End User

8.1 Overview 42

8.2 Hospital & Clinics 43

8.3 Ambulatory Surgical Centers 44

8.4 Research Centers And Laboratory 45

8.5 Others 45

9 Global Amniotic Membrane Market, By Region

9.1 Overview 46

9.2 Americas 48