(MENAFN- Ameliorate Digital Consultancy) According to a recently published Fact.MR study, the global amniotic membrane market will be worth USD 11.12 billion in 2032 and will grow at a CAGR of 14% between 2022 and 2032. Growing demand for cosmetic surgery is expected to significantly boost market growth.

Amniotic membrane sales increased at a CAGR of 14% between 2015 and 2021, reaching US$ 2 billion by the end of the aforementioned historical period. Prospects dipped slightly during the COVID-19 pandemic, as patients infected with the diseases were given top priority. This resulted in the postponement of non-COVID procedures, resulting in a decrease in deployment.

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Key market segments covered in the global Amniotic Membrane Market

• By product
  • Cryopreserved amniotic membrane
  • Dehydrated amniotic membrane
• through application
  • Amniotic membrane for surgical wounds
  • Amniotic membrane for ophthalmology
  • amniotic membrane for other applications
• According to end use
  • amniotic membrane for hospitals
  • Amniotic membrane for ambulatory surgical centers
  • Amniotic membrane for special clinics
  • Amniotic membrane for academic and research institutes

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Competitive Landscape

The global players of the amniotic membrane market adopt various strategies to enhance their global reach and secure the forefront position in the market. Partnership, acquisitions, and collaboration are some of the most adopted approaches to expand their market footprint. Some of the recent developments among the key players are:

• In July 2022, Merakris Therapeutics launched Dermacyte Matrix. It is an amniotic membrane used for the protection and repair of damaged tissues.
• In February 2022, TissueTech, a renowned name in the clinical application of cryopreserved human birth tissue products to treat chronic wounds, ocular surface disorders, and musculoskeletal conditions, disclosed its new name and a new logo. BioTissue, Inc and Amniox Medical, Inc. will both be known under a single entity called, BioTissue, Inc.
• In December 2021, Audax Private Equity disclosed that it had successfully completed the sale of Katena Products to Corza Medical. Corza Medical is a GTCR portfolio company. Katena is a renowned entity offering ophthalmic devices and therapeutics to hospitals, surgical centers, and clinics.

Prominent Key Players of Amniotic Membrane Market Survey Report:

• Alliqua BioMedical Inc.
• Amnio Technology LLC
• Applied Biologics LLC
• Human Regenerative Technologies LLC
• DermaSciences
• Katena Products Inc.
• MiMedx Group Inc.
• Skye Biologics Inc.
• Amniox Medical Inc.
• Integra Life Sciences Corporation

What insights does the Amniotic Membrane Market report offer the readers?

• Amniotic membrane fragmentation based on product type, end use and region.
• Comprehensive assessment of upstream feedstocks, downstream demand and the current market landscape.
• Collaborations, R&D projects, acquisitions and product launches of each Amniotic Membrane player.
• Various regulations imposed by governments on amniotic membrane consumption in detail.
• Influence of modern technologies such as big data & analytics, artificial intelligence and social media platforms on the global amniotic membrane.

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The report includes the following Amniotic Membrane Market insights and assessments, which are helpful to all participants involved in the Amniotic Membrane Market:

• Data on recently introduced regulations and their impact on key industries and demand for Amniotic Membrane
• Latest industry analysis on the Amniotic Membrane Market with key analysis on market drivers, trends, and influencing factors
• Key trends analysis of the Amniotic Membrane market and changing consumer preferences in major industries.
• Altered amniotic membrane demand and consumption of various products
• Key trends underscoring key investor funding in numerous countries
• New investment opportunities in different technologies and types of products or services
• Comprehensive data and competitive analysis of the major players of Amniotic Membrane
• Sales in the US amniotic membrane market will continue to grow, driven by growing consumer confidence and economic recovery
• The demand forecast for amniotic membranes in Europe remains stable as many countries like the UK, France and Germany focus on fueling growth

Questionnaires Answered in Amniotic Membrane Market Report Include:

• How has the amniotic membrane market grown?
• What are the current and future prospects of the global amniotic membrane based on region?
• What are the challenges and opportunities for the amniotic membrane?
• Why is amniotic membrane consumption highest in the region?
• In what year is the segment expected to overtake the segment?

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