A recent report published by Infinium Global Research on the amniotic membrane market provides an in-depth analysis of segments and sub-segments in the global as well as regional amniotic membrane market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional amniotic membrane market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global amniotic membrane market. According to the report, the global amniotic membrane market is projected to grow at a CAGR of 12.2% over the forecast period of 2019-2025.

Market Insight

Amniotic Membrane is a thin membrane that is present in the innermost layer of the placenta. It is used as a surgical biomaterial in the clinical treatment of pathological disorders such as skin wound healing, reconstructive surgery, eye disorders. It is mainly used as a skin substitute. According to the American Society of Plastic Surgeons, many people are conscious about skin improvement and about 17.5 million people go through cosmetic products. Many amniotic tissue-based products are used in the treatment of the burn injury in wound healing and are also cheaper than other tissue-based products.

The growing awareness about the use of amniotic membrane-based transplantations globally drive the growth of the amniotic membrane. Moreover, the rise in the aging population and increasing technological development in the healthcare sector are the major factors contributing to the growth of the market. The government of different countries is funding for regenerative medicine studies. For instance, from 2012 to 2014, seven federal agencies had invested USD 2.89 billion for regenerative medicine research while the National Institutes of Health had invested 88 % of it. Therefore, increasing government initiatives and funding are the factors enhancing this market. According to the WHO, every year, about 200,000 death is caused by the burning and are mostly found in the developing countries who have low income or middle income. So, increasing the number of accidents and trauma which, in turn, boosts the market. However, the lack of skilled professionals and the availability of better alternatives are the major restraints to this market. The launching of the new trend by the companies can be opportunities in this market.

Geographically, North America dominated the amniotic membrane market in 2018 and is expected to retain its dominance throughout the forecast period. The rise in the number of amniotic membrane transplant improved healthcare facilities, the growing number of biotechnology and pharmaceutical industries are the factors propelling this market in these regions. In the coming years, the market of the amniotic membrane will develop significantly in the Asia Pacific regions owing to the rising incidences of burns injuries and chronic diseases.

Segment Covered

The report on the global amniotic membrane market covers segments such as product type, application, and end user. On the basis of product type, the sub-markets include lyophilization amniotic membrane, and cryopreserved amniotic membrane. On the basis of application, the sub-markets include surgical wounds, ophthalmology, and other application. On the basis of end user, the sub-markets include hospitals, ambulatory surgical centers, specialized clinics, and research centers and laboratory.

Companies Profiled:

The report provides profiles of the companies in the market such as Amnio Technology LLC, Applied Biologics LLC, Alliqua BioMedical Inc., Derma Sciences, Katena Products, Inc., Human Regenerative Technologies LLC, MiMedx Group Inc., Amniox Medical Inc., Skye Biologics Inc., and Integra LifeSciences.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the amniotic membrane market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.