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Amniotic Products Market- Global Opportunity Analysis and Industry Forecast, 2023-2029 | Exclusive Report by Introspective Market Research
Global Amniotic Products Market was valued at USD 774.32 Million in 2021 and is expected to reach USD 1219.19 Million by the year 2028, at a CAGR of 6.7%.
Amniotic compounds are naturally anti-inflammatory. One subset of orthobiologics that is being researched as a possible therapy option involves the use of amniotic-derived products, such as amniotic membrane and amniotic fluid products, to enhance joint inflammation and healing. Initially, burns, ulcers, and lesions on the epidermis were treated with amniotic membranes (AM). The protective fluids kept in the amniotic pouch of a gravid amniote are called amniotic fluid. This liquid not only acts as a cushion for the developing fetus but also helps the mother and fetus share nutrition, water, and biochemical products.
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• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
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Market Dynamics:
Driver:
The high increase in the incidence of wounds has resulted in the significant growth of Amniotic products markets, for wound care services and postponing/canceling elective surgeries. The Amniotic membrane has proven to be very effective in Chronic diseases like diabetes, with addition to this, it also supports wound healing by facilitating cell migration and promoting repair. The increasing cases of burn injuries also drive the growth of the market. The anti-inflammatory and anti-scarring properties of the amniotic membrane help a lot in reducing the discomfort and inflammation caused by burns.
Opportunities:
The growing number of opportunities for Amniotic Products in orthopedics and cosmetic surgeries will drive the future market. A high concentration of various growth hormones involved in tissue development and regeneration makes amniotic goods perfect for cosmetic uses. Amniotic membrane is useful for clinical study or further manufacturing reasons in a broad variety of regenerative or aesthetic applications due to its avascular, low immunogenic, and anti-inflammatory qualities. Whereas rising injuries and diseases of musculoskeletal cases give the opportunity to the amniotic-derived products which are used for tissue regeneration.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help
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Market Segmentation
Segmentation Analysis of Amniotic Products Market:
Based on the Type, the amniotic membrane segment is expected to register the highest Amniotic Products s market share over the forecast period.
Based on Application, the wound care segment is expected to dominate the market of Amniotic Products s over the forecast period.
Based on End-Users, the ambulatory surgery centers (ASCs) segment is expected to hold a larger Amniotic Products s market share in the forecast period.
By Type
• Amniotic Membranes {Cryopreserved, Dehydrated}
• Amniotic Suspensions
By Application
• Wound Care
• Ophthalmology
• Orthopedics
• Other
By End-User
• Hospitals
• ASCs
Regional Analysis of Amniotic Products Market:
In North, America the region is expected to dominate the market of Amniotic Products over the forecast period. The large share of the North American market can be accredited to the high prevalence of target diseases, rising geriatric population, growing consciousness regarding advanced treatment options. Furthermore, the growth of the region is endorsed by partnerships and strategic collaborations among the market players in the region.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Players Covered in Amniotic Products Market are :
• LifeCell International Pvt. Ltd. (India)
• Applied Biologics (US)
• Lucina BioSciences (US)
• Skye Biologics Holdings
• LLC (US)
• Nuvision Biotherapies Limited (UK)
• AlloSource (US)
• MiMedx (US)
• Surgilogix (US)
• Smith & Nephew (UK)
• Organogenesis Inc. (US)
• Integra Lifesciences Corporation (US)
• Stryker (US)
• Next Biosciences (South Africa)
• Celularity
Key Industry Developments In The Amniotic Products Market
In 2021, MiMedx (US) obtained approval from the Japanese Ministry of Health, Labour, and Welfare for the commercialization of EPIFIX in Japan.
In 2021, Organogenesis Inc. (US) introduced ReNu an amniotic suspension, the company also obtained approval from the US FDA by granting the Regenerative Medicine Advanced Therapy designation for application in knee osteoarthritis.+
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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