Amniotic Membrane Market

Amniotic Membrane Market Outlook from 2024 to 2034

The amniotic membrane market is estimated to stand at USD 1,510.6 million in 2024. The market is forecasted to exceed a valuation of USD 2,279.5 million by 2034, recording a CAGR of 4.2%. Amniotic membrane demand is primarily driven by the therapeutic potential it offers in various medical applications, such as wound healing, ophthalmology, and tissue regeneration.

Attributes	Details
Estimated Amniotic Membrane Market Size (2024)	USD 1,510.6 million
Forecasted Market Size (2034)	USD 2,279.5 million
Projected Value CAGR (2024 to 2034)	4.2%

Amniotic Membrane Market Overview

• The increasing cases of traumatic wounds and a growing number of surgeries involving amniotic membrane transplants are expected to boost the share of the global tissue engineered skin substitute market significantly. Consequently, there is likely to be around a 1.5X surge in the sales of amniotic membranes by 2034.
• India is poised to provide intense competition in the market because of its rapidly expanding healthcare sector and growing demand for advanced medical treatments.
• Amniotic membrane providers need to think outside the box and explore innovative solutions to meet the evolving demands of the healthcare industry.

Key Factors Influencing the Global Amniotic Membrane Market Growth

Amniotic Membrane Treatments Skyrocket as Success Rates Soar! The surge in market growth is fueled by the increasing prevalence of ocular diseases, burn injuries, and a growing demand for wound care biologics.

• People are increasingly opting for amniotic membrane treatments due to their high success rates, leading to a rise in amniotic membrane transplantations.
• Amniotic membranes are gaining popularity for their effectiveness in treating non-healing chronic wounds. They leverage their anti-inflammatory, anti-scarring, and antibacterial properties to enhance the wound healing process.

Amniotic Membranes in High Demand for Burn Wound Treatment! The growth of the amniotic membranes market is being propelled by the increasing incidence of burn injuries.

• Annually, millions of people require medical attention for moderate to severe burns. In India, for example, about 1 million individuals experience moderate to severe burns each year, according to the World Health Organization (WHO).
• This is leading to significant demand for amniotic membranes in treating burn wounds and positively transforming the stem cell therapy market outlook.

Orthopedic Surgeries Drive Demand for Amniotic Membranes! The market expansion is anticipated due to an increasing number of ophthalmology, cosmetic, and orthopedics surgeries globally.

• In recent decades, amniotic membranes have garnered significant attention in ophthalmology, serving as effective tools for reconstructing ocular surfaces post-surgery or other procedures.
• They also serve as biological bandages, aiding in the healing process for persistent epithelial defects or ocular surface inflammation.

Obstacles Compressing the Amniotic Membrane Market Revenue Trends

Even though amniotic membranes have many uses, things are making it hard for the market to grow. The high costs of treatments using amniotic membranes and the limited availability of these products in some places are big reasons holding back the amniotic membrane market.

Historical Study on Amniotic Membrane Market alongside Future Projections

From 2019 to 2023, the amniotic membrane market showed strong growth, boasting a 9.7% CAGR. However, projections indicate a slight downturn in market size from 2023 to 2024. This shift can be attributed to prevailing economic uncertainties and forecasts of a looming recession in 2024, factors that are poised to exert both direct and indirect influences on the market dynamics.

One big change in the market is the use of a 3D scaffold to deal with how quickly amniotic membranes break down. The market is affected a lot by rules about using human cells and how much people get paid back for using amniotic membrane transplants because of big factors both in and out of the industry. This trend has contributed to the positive outlook of the amniotic membrane industry.

Attributes	Quantitative Outlook
Amniotic Membrane Market Size (2023)	USD 1,518.2 million
Historical CAGR (2019 to 2023)	9.7%

Short-term Amniotic Membrane Market Analysis

The amniotic membrane market global forecast suggests considerable growth owing to increased awareness of its therapeutic benefits and expanding applications in medical treatments.

Healthcare professionals are recognizing the versatility of amniotic membrane products, contributing to the favorable market outlook. Furthermore, ongoing research and development efforts are paving the way for innovations and product enhancements.

Long-term Amniotic Membrane Market Analysis

Global trends in the amniotic membrane industry spotlight a dynamic landscape. One notable trend is the growing applications in regenerative medicines. Companies are increasingly exploring the potential of amniotic membrane products for healing and tissue regeneration. This reflects a broader shift towards innovative medical solutions.

As technology advances, the industry is witnessing improvements in processing techniques and storage methods. These advancements contribute to the overall credibility and reliability of amniotic membrane-based products. This is expected to have a highly positive impact on the global demand for amniotic membranes in the long run.

Top Opportunities for Amniotic Membrane Providers

Improvements in regenerative medicine technology make it a good chance for companies in this field. Big companies are putting out new products to make their lineup better. Spending more on research lets companies make new things that people want. Doing lots of tests on products helps companies get them approved for sale.

In September 2022, MiMedx Group, Inc. introduced Amnioeffect, a new kind of tissue graft made from layers of the placenta. It helps with healing after surgery. The company said this launch would add to their products for surgical recovery. These advances open up more possibilities for using the amniotic membrane in treating surgical wounds, meeting the growing need for effective wound healing.

Amniotic Membrane Market Trends

• Looking flawless is the new must-have trend, with amniotic tissues rising as go-to healers for wounds and burns.
• Another evolving trend in the amniotic membrane market is the increasing awareness about the benefits of amniotic membrane transplantation (AMT) in wound healing and tissue repair
• The market is witnessing increased demand due to the rising prevalence of chronic conditions such as diabetic foot ulcers and burns.

Demand Analysis of Amniotic Membranes by Region

The North America amniotic membrane market stands out as a moderately performing regional market. In this region, using new and advanced technologies is likely to make the market grow more in the future.

Europe is witnessing continuous and steady growth in demand for amniotic membranes. The healthcare system here is paid for by the government, which makes more people want the products.

The Asia Pacific amniotic membrane industry is likely to progress significantly. The market is expected to grow because there are many needs not met yet, and the healthcare infrastructure is getting better.

Countries	Amniotic Membrane Industry Forecasted CAGR (2024 to 2034)
United States	2.1%
United Kingdom	2.2%
India	5.4%

Demand for Amniotic Membranes Grows Amidst Rising Eye Issues in the United States

Demand for amniotic membranes in the United States is set to rise with an anticipated CAGR of 2.1% through 2034. Key factors influencing the amniotic membrane market include:

• The amniotic membranes market in the United States is set to see consistent growth in the coming years. This is because there is an increasing number of people facing eye issues, such as dry eye disease. Around 8.1% of the population in this country, which is around 16.4 million people, is affected by dry eye disease. Among adults, 6.8% are dealing with this condition.
• The healthcare system in the United States is very advanced globally. In February 2023, data from the United States Centers for Medicare & Medicaid Services showed that in 2022, the country spent USD 4.5 trillion on healthcare, which is about USD 13,493 per person. Recently, dry eye amniotic membrane treatment has become increasingly popular in the country because it tends to work well.

Amniotic Membrane Adoption Surges in the United Kingdom as Experts Seek Innovative Solutions

The United Kingdom amniotic membrane market is expected to surge at a CAGR of 2.2% through 2034. The topmost dynamic forces supporting the amniotic membrane adoption in the country include:

• Healthcare professionals are likely to use more amniotic membranes as the number of patients with chronic diseases increases. In the United Kingdom, more than 2 million people are living with sight loss.
• Growth in the amniotic membrane market is anticipated to be propelled by the nation's robust healthcare infrastructure and heightened investment in drug development technology. With more reimbursement options for medical products, healthcare becomes more affordable.

Surgical Procedures and Eye Health Concerns Spark Demand for Amniotic Membranes in India

The market in India is likely to exhibit a CAGR of 5.4% through 2034. Reasons supporting the growth of the amniotic membrane market in the country include:

• In India, there has been a significant increase in the demand for amniotic membranes over the years. This trend is anticipated to persist going forward. A rise in surgical wounds, more ophthalmology and cosmetic surgery procedures, and the popularity of amniotic membrane treatment contribute to this trend.
• Around 25% of India's population, which is about 27.5 crore people, suffer from weak eyesight, mainly due to prolonged screen exposure. Amniotic membranes are now more commonly used as a natural bandage for eye injuries during surgeries. With the increasing number of eye surgeries like LASIK and cataract procedures, there are likely to be more opportunities for amniotic membrane makers in India in the coming years.

Amniotic Membrane Industry Analysis by Segment

As far as the product type of amniotic membrane is concerned, the cryopreserved amniotic membranes segment is likely to acquire 71% amniotic membrane market share. Similarly, the surgical wounds segment is expected to generate considerable profit in terms of application, possessing a 63% revenue share of the amniotic membrane industry in 2024.

Segment	Estimated Market Share in 2024
Cryopreserved Amniotic Membranes	71%
Surgical Wounds	63%

Cryopreserved Amniotic Membranes Gaining Ground in Medical Applications

The cryopreserved amniotic membranes segment is anticipated to perform better than others in the market. Here are a few key factors that contribute to its acceptance in the market:

• The growing use of frozen amniotic membranes, especially in fields like eye care and surgeries, is a key factor driving its expansion.
• Cryopreserved amniotic membranes are increasingly popular for treating eye conditions due to their ability to reduce inflammation, promote wound healing, and inhibit blood vessel growth
• Improved preservation methods help maintain the biological and histological characteristics of cryopreserved amniotic membranes. They are stored in a solution with 50% glycerol at -80°C, contributing to their growth in a rapidly expanding market.

Healthcare Professionals Turn to Amniotic Membrane for Surgical Wound Management

The surgical wounds segment is set to take a little less than 2/3rd of the market share, a trend validated by factors such as:

• Surgeons and healthcare professionals increasingly recognize the unique healing properties of amniotic membranes, contributing to their popularity in the management of surgical wounds.
• Growing demand for minimally invasive surgical techniques has spurred the use of amniotic membranes as they can facilitate faster healing and reduce the risk of complications.
• Advancements in tissue engineering and biotechnology have led to the development of innovative amniotic membrane products tailored specifically for surgical wound applications, further fueling market growth.

Competitive Landscape

Amniotic membrane market players implement diverse strategies to gain an edge in this fiercely competitive market. Some companies focus on developing innovative processing techniques for amniotic membrane products. Many emphasize the importance of clinical research and evidence-based medicine to differentiate their offerings.

Some companies target niche applications such as ophthalmology or wound care to carve out a unique market position. Others leverage strategic partnerships with healthcare institutions to expand their distribution networks and increase market reach.

Recent Developments

• In February 2022, Amnio Technology introduced two new membrane products named PalinGen® Dual-Layer Membrane and Dual Layer PalinGen® X-Membrane. These new allografts, along with the rest of the PalinGen® membrane products, are minimally processed, suitable for homologous use, and free from chorion. With their dual-layer design, these allografts can be applied in one direction, featuring two outer epithelial sides.
• In October 2020, Merakris Therapeutics, LLC, a regenerative medicine company, released a new alternative for skin grafts. This new solution offers support for both early-stage healing, promoting epithelialization, and late-stage wound healing, encouraging re-keratinization. It aims to protect and facilitate the healing process for various types of wounds.
• In February 2020, Integra LifeSciences introduced a new product called the AmnioExcel Plus Placental Allograft Membrane. This product, part of the company's wound care collection, helps with the healing of soft tissue. The introduction of this product is anticipated to enhance Integra LifeSciences' Orthopedics and Tissue Technologies ("OTT") segment.

Key Amniotic Membrane Market Players

• Integra LifeSciences Inc.
• MiMedx Group, Inc.
• Tissue-Tech Inc.
• Skye Biologics Inc.
• Katena Products Inc.
• Alliqua BioMedical Inc.
• Human Regenerative Technologies LLC
• Amnio Technology LLC
• Applied Biologics LLC
• Alliqua BioMedical Inc.
• DermaSciences
• Amniox Medical Inc.
• Organogensis, Inc.

Key Coverage in the Amniotic Membrane Market Research Report

• Adjacent Study on the Amniotic Fluid Products Market and the Placental Tissue Market
• Opportunity Assessment in the Regenerative Medicine Market
• Recent Key Advancements in the Tissue Engineering Market
• Competitive Analysis between the Wound Healing Market and the Ophthalmic Surgery Market
• Updated Amniotic Membranes Emerging Trends and Opportunities
• Top 10 Companies Offering Regenerative Potential of Amniotic Tissue

Key Segments in the Amniotic Membranes Global Market Report

By Product Type:

• Cryopreserved Amniotic Membranes
• Lyophilized Amniotic Membranes

By Application:

• Surgical Wounds
• Ophthalmology
• Others

By End User:

• Hospitals
• Specialized Clinics
• Ambulatory Surgical Centres
• Academic Research Centres

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa (MEA)

Frequently Asked Questions

How Big is the Amniotic Membrane Market?

The market size for amniotic membrane is forecasted to be worth USD 1,510.6 million in 2024.

What is the Demand Forecast for Amniotic Membrane?

The amniotic membrane market value is projected to surpass USD 2,279.5 million by 2034.

What is the Projected CAGR for the Amniotic Membrane Market?

The CAGR of the amniotic membrane industry is estimated to be around 4.2% through 2034.

What is the Key Market Trend in Amniotic Membrane?

The growing adoption of regenerative medicine techniques is the key market trend.

Which Countries Drive the Sales of Amniotic Membranes?

India is the key consumer of amniotic membranes as of 2024.

Which is the Leading Brand of Amniotic Membrane?

Integra LifeSciences Inc. and Amnio Technology LLC are amniotic membrane industry leaders.