(MENAFN- GlobeNewsWire - Nasdaq) The Amniotic Membranes segment is expected to reach US$1.2 Billion by 2030 with a CAGR of a 8.4%. The Amniotic Suspensions segment is also set to grow at 6.6% CAGR over the analysis period.Dublin, Jan. 03, 2025 (GLOBE NEWSWIRE) -- The "Amniotic Products - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Amniotic Products was estimated at US$925.8 Million in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 7.9% from 2023 to 2030.
How Are Technological Advancements Expanding the Use of Amniotic Products?
Recent technological advancements have significantly broadened the application of amniotic products in medical treatments, improving their accessibility and effectiveness. One of the most significant innovations is the development of advanced processing techniques, such as cryopreservation and dehydration, which allow the biological components of the amniotic membrane and fluid to be preserved without losing their therapeutic properties. These preservation methods have made it possible for amniotic products to be stored for extended periods, ensuring their availability in both planned and emergency medical procedures.
Additionally, tissue engineering techniques have enabled the development of amniotic products in various formats, such as grafts, powders, and injectable solutions, making them highly adaptable for different medical conditions. In the field of orthopedics, for instance, injectable amniotic products are increasingly being used to treat joint, tendon, and ligament injuries, providing patients with a minimally invasive alternative to surgery.
These injections promote tissue repair and reduce inflammation, allowing for quicker recovery times and less discomfort than traditional treatments. In wound care, amniotic grafts are used to cover chronic wounds, promoting faster healing by creating a favorable environment for new tissue growth. The integration of amniotic products with other emerging technologies, such as 3D printing, is also on the horizon, allowing for more precise, custom-tailored applications in complex surgeries.
What's Driving the Growth of the Amniotic Products Market?
The growth of the amniotic products market is being driven by several key factors, each reflecting the increasing demand for advanced regenerative therapies in healthcare. One of the primary drivers is the rising prevalence of chronic conditions, particularly non-healing wounds such as diabetic foot ulcers, which require innovative treatments to accelerate healing. Traditional methods often fail to adequately address these complex wounds, whereas amniotic products have shown considerable success in reducing healing times, minimizing scarring, and improving patient outcomes. The aging global population is another significant factor contributing to the market's growth.
As the population ages, there is an increasing demand for treatments that can address degenerative conditions, joint injuries, and orthopedic issues in a less invasive and more effective manner. Amniotic products are being used more frequently to treat these conditions due to their ability to promote rapid tissue regeneration and recovery. Regulatory approvals and support have also played a critical role in the growth of the amniotic products market. In the U.S., for instance, the FDA has approved a growing number of amniotic-based products for use in a variety of medical applications, ensuring that these therapies meet the highest standards of safety and efficacy.
This has led to greater confidence in the medical community and a wider adoption of these products in clinical practice. Additionally, advances in preservation and processing techniques have made amniotic products more accessible, with longer shelf lives and increased availability for both emergency and routine procedures. Lastly, as healthcare providers increasingly focus on patient-centered care, there is growing interest in therapies that offer faster recovery times, fewer complications, and less invasive treatment options - attributes that align well with the capabilities of amniotic products. These factors are driving the expansion of the amniotic products market, positioning it as a key component in the future of regenerative medicine.
Key Insights:
Market Growth: Understand the significant growth trajectory of the Amniotic Membranes segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 8.4%. The Amniotic Suspensions segment is also set to grow at 6.6% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, estimated at $243.2 Million in 2023, and China, forecasted to grow at an impressive 11.7% CAGR to reach $388.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
How is the Global Amniotic Products Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects?
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players in the Global Amniotic Products Market such as Applied Biologics, Celularity, Inc., Genesis Biologics, Integra Lifesciences Corporation, Katena Products, Inc. and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 36 companies featured in this Global Amniotic Products market report include:
Applied Biologics Celularity, Inc. Genesis Biologics Integra Lifesciences Katena Products Lifecell International Lucina Biosciences Mimedx Next Biosciences Nuvision Biotherapies
Key Attributes:
Report Attribute | Details |
No. of Pages | 92 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $925.8 Million |
Forecasted Market Value (USD) by 2030 | $1600 Million |
Compound Annual Growth Rate | 7.9% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
World Market Trajectories Global Economic Update Amniotic Products - Global Key Competitors Percentage Market Share in 2024 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
FOCUS ON SELECT PLAYERS
MARKET TRENDS & DRIVERS
Rising Demand for Advanced Biologics in Wound Care Throws the Spotlight on Amniotic Products Growth in Regenerative Medicine Propels the Use of Amniotic Products in Tissue Repair and Healing Increasing Adoption of Amniotic Products in Ophthalmology Drives Growth in Eye Care Applications Surge in Chronic Wound Cases, Particularly Diabetic Ulcers, Accelerates Demand for Amniotic Products Advancements in Amniotic Tissue Processing Strengthen the Business Case for Cryopreserved Amniotic Products Expanding Use of Amniotic Products in Orthopedics and Sports Medicine Spurs Growth in Joint and Soft Tissue Repair Focus on Minimally Invasive and Non-Surgical Treatments Expands Market Opportunities for Amniotic Products Increasing Awareness of the Anti-Inflammatory and Anti-Scarring Properties of Amniotic Products Generates Demand in Surgery Rising Use of Amniotic Products in Plastic and Reconstructive Surgery Strengthens Market Growth Growth of Stem Cell Research Expands Opportunities for Amniotic Products as Carriers for Stem Cell Therapy Innovations in Amniotic Fluid-Derived Products Propel Growth in the Treatment of Burns and Acute Wounds Increasing Geriatric Population Sustains Growth in Amniotic Products for Age-Related Degenerative Conditions Surge in Aesthetic and Cosmetic Surgery Drives Demand for Amniotic Products in Skin Regeneration and Healing
GLOBAL MARKET PERSPECTIVE
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