Market Highlights:
Amniotic Membrane is the inner layer of the placenta, which possesses various biological properties used to various defects, such as disorders of the outer eye, partial stem cell deficiency, corneal defects, chemical burns, conjunctivochalasis, pterygium, symblepharon, and various other ocular surface conditions. Amniotic membrane is used in various applications, such as regenerative medicine, ophthalmology, surgical wounds, and stem cell biology.
The Global Amniotic Membrane market is estimated to lead a healthy growth. The Global Amniotic Membrane market is majorly driven by increasing number of market players focusing on various applications of Amniotic Membrane, rising global aging population, increasing patient population, and rising healthcare expenditure. Varied applications of amniotic membrane are likely to drive the growth of global amniotic membrane market.
Additionally, rise in the number of amniotic membrane transplant performed, need for better and newer technologies, and improved healthcare facilities are propelling the growth of Global Amniotic Membrane market. Factors such as socio-ethical concerns and lack of awareness among mass is likely to hamper the growth of the Global Amniotic Membrane market. Global Amniotic Membrane market is expected to grow at a CAGR of 9.8% during the forecast period.
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Regional Analysis:
The Americas dominate the Global Amniotic Membrane market owing to the rising market players focusing on varied applications of amniotic membrane; the increasing geriatric population also leads to rising patient population. Additionally, rising number of amniotic membrane transplant and wide availability of medical device manufacturers and pharmaceutical biotechnology companies are fuelling the growth of global amniotic membrane market. According to CDC, around 19.6% population in the U.S. is likely to be 56 years and older. This rising aging population will increase the patient population leading to growth in amniotic membrane market.
Europe accounts for a healthy market share due to factors such as rising healthcare networks and growing healthcare expenditure. Growing healthcare market and infrastructure is driving the Amniotic Membrane market in Europe. Additionally, according to Eurostat, Germany incurred healthcare expenditure over EUR 321 billion in 2014. Germany, France, and the U.K hold a significant share in the market due to the increasing demand for technologically advanced devices and treatment.
The Asia Pacific is expected to register the fastest growing rate for the Amniotic Membrane market. High growth rate is attributed to rising healthcare centers, skilled medical professionals, and rising standard of living. Additionally, rising patient population and demand for newer and better treatment is fuelling the market growth. India and China are the major contributors to the market growth due to the rapid development of healthcare sector and increasing healthcare infrastructure in these regions and increasing demand for new treatment services.
The Middle East Africa is expected to witness limited growth due to limited access to healthcare services. In the Middle East, the growth of the market is driven by increasing healthcare infrastructre and demand for enhanced patient safety.
Key players
Derma Sciences Inc.
FzioMed, Inc.
Alliqua BioMedical
Skye Biologics Inc.
IOP Ophthalmics
Amniox Medical, Inc.
MiMedx Group, Inc.
Human Regenerative Technologies, LLC
Tissue-Tech Inc.
APPLIED BIOLOGICS
Amnio Technology
Segments:
The Global Amniotic Membrane market is segmented on the basis of type, application, and end-users. On the basis of type, the amniotic membrane market is segmented as lyophilized amniotic membrane, cryopreservation amniotic membrane, and others. On the basis of application, the amniotic membrane market is segmented into ophthalmology, surgical wounds, stem cell biology, and regenerative medicine. On the basis of end-user the market is segmented into specialized clinics centers, hospitals, ambulatory surgical centers, research institutes, and laboratory.
BRIEF TOC:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
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Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends Assessment
…TOC CONTINUED
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