Categories: Healthcare

Amniotic Products Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Amniotic Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Amniotic Products Market:

https://www.thebusinessresearchcompany.com/report/amniotic-products-global-market-report

According to The Business Research Company’s Amniotic Products Global Market Report 2024, The amniotic products market size has grown strongly in recent years. It will grow from $0.9 billion in 2023 to $0.98 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.  The  growth in the historic period can be attributed to rising prevalence of burn injuries, increasing demand for regenerative medicine, growing adoption of amniotic products in surgical wounds, rising awareness of amniotic products as a viable treatment avenue, global expansion of amniotic products..

The amniotic products market size is expected to see strong growth in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.  The growth in the forecast period can be attributed to increasing patient preference for non-invasive therapies, rising prevalence of chronic wounds, collaborations and partnerships, impact of covid-19, rising prevalence of ophthalmic disorders, increasing healthcare expenditure.. Major trends in the forecast period include continuous evolution of product technology, strong growth potential, regional dynamics, impact of covid-19 and a looming global recession, growth in the target patient population, emerging economies..

The rising number of trauma and accident cases is expected to propel the growth of the amniotic products market going forward. Trauma refers to physical injuries that develop suddenly and are severe enough to warrant rapid medical care, while accidents refer to any unintentionally harmful incident, such as a slip and fall, vehicle accident, or sports injury. Third-degree burn injury is treated using a full-thickness skin excision and a wound dressing made of a hyper-dry human amniotic membrane. For Instance, in December 2022, according to the Road Accidents in India 2021, published by the Ministry of the Road Transport and Highways, an India-based government ministry, 4,12,432 accidents were reported in 2021. Further, in May 2022, according to a report published by the National Highway Traffic Safety Administration, a US-based government agency, 42,915 people died in motor vehicle traffic crashes in 2021. Therefore, the rising number of trauma and accident cases is driving the amniotic products market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=12032&type=smp

The amniotic products market covered in this report is segmented –

1) By Type: Amniotic Membranes, Amniotic Suspensions

2) By Application: Wound Care, Orthopedics, Ophthalmology, Other Applications

3) By End-Use: Hospitals And Ambulatory Surgical Centers, Other End Users

Product innovation is a key trend gaining popularity in the amniotic products market. Major companies operating in the amniotic product market are developing innovative products to sustain their position in the market. For instance, in November 2022, Versea Health Inc., a US-based life science company, launched Biovance 3L ocular tri-layer human amniotic membrane. Tri-layer human amniotic membrane products, such as Biovance 3L and Biovance 3L Ocular, are available in sheet and disc form and are targeted toward the surgical and ocular markets. An extracellular matrix is provided by the allograft Biovance 3L Ocular, which is used as a biological membrane covering. The Biovance amniotic membrane serves as a barrier during the healing process of wounds and promotes tissue growth.

The amniotic products market report table of contents includes:

 

  1. Executive Summary
  2. Amniotic Products Market Characteristics
  3. Amniotic Products Market Trends And Strategies
  4. Amniotic Products Market – Macro Economic Scenario
  5. Global Amniotic Products Market Size and Growth

.

.

.

  1. Global Amniotic Products Market Competitive Benchmarking
  2. Global Amniotic Products Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Amniotic Products Market
  4. Amniotic Products Market Future Outlook and Potential Analysis
  5. Appendix

Top Major Players:

  • Stryker Corporation
  • Smith & Nephew PLC
  • HMP Global
  • AlloSource
  • Orthofix US LLC

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company  

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ  

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/  

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model  

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

14 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

14 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

14 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

14 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

14 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

14 hours ago