Amniotic Membrane Market Size, Share, Growth, Trends, Consumption, Revenue, Company Analysis, Regional Insights and Forecast 2021-2028

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Healthcare

Global amniotic membrane market size surpassed at US$ 985 Mn in 2019 and to reach valuation of around US$ 2.6 billion by 2028 with a CAGR of 10.3% from 2021 to 2028.

Overview

  • The amniotic membrane is a thin tissue that covers the fetal side of the placenta. Human amniotic membranes have been used for more than 100 years as a biomaterial for the surgical reconstruction of different tissues because they promotes wound healing.
  • The two primary types of amniotic membranes are cryopreserved amniotic membranes and lyophilization amniotic membranes.
  • Growth of the global amniotic membrane market can be attributed to increase in the number trauma cases, burn injuries, and other accidental cases where amniotic membranes can be used for wound healing.
  • North America dominated the global amniotic membrane market in 2020, and the trend is anticipated to continue during the forecast period. Increase in the incidence of trauma cases and accidents, and rise in the number of FDA approvals and product launches in the U.S. contribute to North America’s leading share. Moreover, the presence of well-developed healthcare infrastructure and leading companies fuel the growth of the amniotic membrane market in the region.
  • Asia Pacific is expected to be a highly lucrative market for amniotic membranes during the forecast period. The amniotic membrane market in the region is likely to expand at a high CAGR from 2021 to 2028.

Increase in Research on Stem Cell Biology & Regenerative Medicine to Drive Market

  • Several regenerative medicines for orthopedics and wound healing have received U.S. FDA approval, and many are currently being studied in preclinical and clinical stages. Amniotic membranes along with their epithelial and mesenchymal stem cells are an appropriate source for regenerative medicine and skin tissue engineering.
  • In May 2019, a team from the University of Alexandria, Egypt, began research on the therapeutic efficiency of human amniotic membrane plugs in promoting the closure of large macular holes.
  • A number of players are also investing in the improvement of the efficiency of amniotic membranes for wide acceptance.
  • Increase in research on amniotic membranes as a regenerative medicine is projected to drive the global amniotic membrane market.

Cryopreserved Amniotic Membrane Products to Dominate Market

  • The cryopreserved amniotic membrane segment dominated the global amniotic membrane market in 2020, and the trend is likely to continue during the forecast period.
  • Using a cryopreserved amniotic membrane is the first-line approach in an ocular surface surgery, owing to its positive effects on wound healing and anti-inflammatory properties.

Ophthalmology to be Promising Application

  • In terms of application, the global amniotic membrane market has been classified into surgical wounds, ophthalmology, and others
  • The surgical wounds segment dominated the global amniotic membrane market in 2020. Rise in the number of injuries while playing sports and due to falls is likely to drive the segment.
  • Growth of the ophthalmology segment can be attributed to increase in the number of ophthalmic indications.

Hospitals Account for Major Share of Global Market

  • The hospitals segment dominated the global amniotic membrane market in terms of revenue in 2020, and the trend is projected to continue during the forecast period.
  • Growth of the segment can be attributed to rise in hospitalization rates and wide range of services offered at a single site.

North America to Dominate Global Amniotic Membrane Market

  • North America accounted for a major share of the global amniotic membrane market in 2020, owing to the introduction of new products, increase in regulatory approval of amniotic membranes, and rise in the usage of these membranes for wound healing in countries such as the U.S.
  • The amniotic membrane market in Asia Pacific is likely to expand at a high CAGR from 2021 to 2028. Significant growth of the amniotic membrane market in the region can be attributed to increase in the incidence of trauma cases, accidents, and burn injuries, and rise in the demand for wound healing therapeutics.

Competitive Landscape

  • MiMedx, Integra LifeSciences, and Osiris Therapeutics, Inc. are the leading players in the global amniotic membrane market.
  • The global amniotic membrane market is fragmented in terms of number of players. Key players in the global amniotic membrane market include Amnio Technology, LLC, Katena Products, Inc., MiMedx, Skye Biologics, Inc., Integra LifeSciences, Applied Biologics, Human Regenerative Technologies, LLC, Tissue Tech, Osiris Therapeutics, Inc., and Stryker.   
  • New product development through robust R&D activities and mergers & acquisitions are the key strategies adopted by these players to expand in the global amniotic membrane market.

Market Segmentation

By Product

  • Cryopreserved Amniotic Membrane
  • Lyophilization Amniotic Membrane

By Application         

  • Surgical Wounds
  • Ophthalmology
  • Others

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Clinics
  • Research Centers & Laboratory

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific          
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Israel
    • Rest of Middle East & Africa

Report Scope

The Amniotic membrane market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Amniotic membrane market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Amniotic membrane market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Amniotic membrane market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Amniotic membrane market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Amniotic membrane capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Amniotic membrane by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Amniotic membrane market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Amniotic membrane market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Amniotic membrane market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Amniotic membrane industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Amniotic membrane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Amniotic membrane market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Amniotic membrane market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Amniotic membrane market. These factors have benefited the growth of the global market for Amniotic membrane. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Amniotic membrane. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Amniotic membrane are as follows:

  • History Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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