The global amniotic membrane market analysis is expected to carry a market value of US$11.12 Billion in 2032 and is expected to grow at a CAGR of 14% by 2032.
The growth in the scope of the amniotic membranes market could be linked to the increasing cases of accidents and the increasing awareness about the benefits offered by amniotic membranes.
The benefits posed by amniotic membranes, such as their ability to reduce pain, led to an increase in the adoption of tissue-based products to heal surgical wounds. R&D in regenerative medicine and stem cells is expected to increase the market size by 2032.
Factors Boosting the Global Amniotic Membrane Market:
Increased demand for Ophthalmology Amniotic Membrane to boost market
The increasing demand for these tissue-based products in eye surgery owing to their rapid healing properties is anticipated to play a key role in driving the market during the forecast period. Moreover, the increasing demand for surgeries for aesthetic appeal is expected to boost the market.
According to the American Society of Plastic Surgeons, there were approximately 17.7 million cosmetic products in 2018. Furthermore, the increasing prevalence of ophthalmic disorders is expected to create a high demand for wound care techniques such as amniotic membrane transplantation, during which the market is likely to expand. forecast period.
A 2019 CDC report shows that approximately 1 million people in the US suffer from eye infections annually. Moreover, increasing initiatives to improve the effectiveness of amniotic membranes is likely to drive the growth of the market. For example, Surgenex manufactured SurGraf, a dehydrated amniotic membrane that offers an improved shelf-life to increase the longevity of the amniotic membrane.
For more information about this report visit https://www.factmr.com/report/amniotic-membrane-market
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583