The Business Research Company’s report on the Amniotic Products Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the amniotic products market’s growth in recent years?
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 April 2024, according to the data published by Eurostats, a Luxembourg-based statistical office of the European Union, road traffic accidents in the EU resulted in 20,653 fatalities in 2022, reflecting a 4% rise compared to the 19,917 deaths recorded in 2021. Therefore, the rising number of trauma and accident cases is driving the amniotic products market.
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How does the future projection of the amniotic products market size compare to its historical growth?
The amniotic products market size has grown strongly in recent years. It will grow from $0.99 billion in 2024 to $1.08 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. 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 $1.52 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. 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.
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Which key players are shaping the future of the amniotic products market?
Major companies operating in the amniotic products market include Stryker Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Lucina BioSciences LLC, Bioventus LLC, Organogenesis Inc., MiMedx Group, AlloSource, Orthofix US LLC, ACell Inc., Aziyo Biologics Inc., TissueTech Inc., Amino Technology LLC, LifeCell International Pvt. Ltd., Tissue Regenix Group plc, Aroa Biosurgery Limited, Skye Biologics Inc., Celularity Inc., NuVision Biotherapies Ltd., VIVEX Biologics Inc., Genesis Biologics Inc., Applied Biologics LLC, Next Biosciences, Surgenex LLC
What trends will propel the growth and evolution of the amniotic products market?
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.
Which regions are expected to become dominant players in the amniotic products market?
North America was the largest region in the amniotic products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the amniotic products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the amniotic products market, and how are they evolving?
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
Subsegments:
1) By Amniotic Membranes: Dehydrated Amniotic Membranes, Cryopreserved Amniotic Membranes
2) By Amniotic Suspensions: Liquid Amniotic Suspensions, Lyophilized Amniotic Suspensions
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What defines the structure and scope of the amniotic products market?
Amniotic products refer to ortho-biologic products and involve using amniotic-derived products, such as amniotic membrane and fluid products, to enhance joint inflammation and healing. Administration of amniotic products at the injury site helps recovery by stimulating tissue growth.
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