Wilmington, Delaware, United States: Cryopreserved amniotic membranes and lyophilization amniotic membranes are the two types of amniotic membranes are used in wound healing and ophthalmology applications.
Wilmington, Delaware, United States: Cryopreserved amniotic membranes and lyophilization amniotic membranes are the two types of amniotic membranes are used in wound healing and ophthalmology applications.
Amniotic membrane transplantation is used as a graft or dressing in different surgical procedures to reduce inflammation and promote wound healing. Cryopreserved amniotic membranes are primarily used in ocular surface surgeries, as cryopreservation preserves the biological structure, including the cells and other organelles by cooling them to very low temperatures.
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- Amniotic membranes are used in ophthalmology to reconstruct the ocular surface after various surgical procedures, as a graft for ocular surface melts, or as a bandage to promote healing in cases of persistent epithelial defects or ocular surface inflammation. The application of amniotic membranes in ophthalmology has increased significantly in the past few years.
- Amniotic membrane transplantation is used in surgical wounds as a graft or dressing material in different surgical subspecialties.
- Rise in the number of trauma cases, burn injuries, and ophthalmic disorders are projected to drive the global amniotic membrane market during the forecast period.
- The global amniotic membrane market is projected to expand at a healthy CARG of ~10% from 2019 to 2027.
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Global Amniotic Membrane Market: Drivers
- Increase in number of accident and trauma cases drive the global amniotic membrane market. Human amniotic membrane has wide range of applications including treatment of ocular surface disorders and wound healing. According to the World Health Organization (WHO), an estimated 180,000 deaths are caused by burns each year, with majority occurring in low- and middle-income countries and two third in Africa and Southeast Asia.
- Amniotic membrane (AM) transplantation as a permanent surgical graft has shown to promote epithelialization and reduce inflammation, scarring, and neovascularization. Amniotic membranes are also used as temporary patch or biological bandage for acute chemical burns.
- Governments of several countries fund stem cell/regenerative medicine studies. This factor propels the global amniotic membrane market.
- Based on the Government Accountability Office data, approximately US$ 2.89 Bn was invested by seven federal agencies for regenerative medicine research from 2012 to 2014. Of this, 88% was invested by the National Institutes of Health. Government initiatives to spread awareness about usage of amniotic membrane is likely to propel the global amniotic membrane market in the near future.
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Rise in government initiatives and continuous funding is expected to boost the growth of the global amniotic membrane market
Global Amniotic Membrane Market: Key Segments
- The cryopreserved amniotic membrane dominated the global amniotic membrane market in 2018. Cryopreservation preserves biological constructs such as cells and organelles by cooling the sample to a very low temperature, and cryopreserved amniotic membranes aid wound healing.
- The surgical wounds segment dominated the global amniotic membrane market in 2018. Rise in the number of sport- and fall-related injuries is expected to drive the growth of the segment over the period of forecast. It is anticipated to create high incremental opportunity in the global amniotic membrane market during the forecast period.
- Rise in the number of accident cases and trauma injuries in several countries makes hospitals a major end user of the amniotic membrane market. Growth of the segment can be attributed to rise in the rate of hospitalization and wide range of services offered at a single site.
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Global Amniotic Membrane Market: Competition Analysis
The global amniotic membrane market report concludes with the company profiles section that includes key information about the major players in the market.
Leading players analyzed in the amniotic membrane market report are
- Integra LifeSciences
- MiMedx
- Skye Biologics, Inc.
- Katena Products, Inc.
- Amnio Technology
- LLC
- Applied Biologics
- TissueTech, Inc.
- Stryker
- Osiris Therapeutics, Inc.
- Human Regenerative Technologies
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