Coherent Market Insights published a business research report on Amniotic Membrane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2022–2028. Amniotic Membrane Market with 150+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
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An amniotic membrane is the deepest layer of fetal film which is removed from the placenta of women and gathered to be utilized as a transfer material for reconstructive medical procedures for cases such as seriously consumed skin, injury wounds, ongoing injuries and others. Amniotic film was at first utilized as a substrate for skin units (skin transplantation medical procedure). According to the National Center for Biotechnology Information (NCBI), amniotic layers can also be used in a variety of applications such as ophthalmic medical procedures, corrective medical procedures, anticancer therapy, and as a regenerative medication. Utilization of amniotic film is preferred due to its non-immunogenicity, anti-scarring property, antimicrobial property, and capacity to lessen irritation.
Effect of the Coronavirus (COVID-19) Pandemic
(COVID-19) flare-up was first provided regarding December 31, 2019, in Wuhan, China. The World Health Organization pronounced COVID-19 as a pandemic on March 11, 2020. As indicated by the COVID-19 Weekly Epidemiological Update by the World Health Organization, more than 169 million cases and 3.5 million fatalities due to COVID infection (COVID-19) were accounted for till May 30, 2021, across the globe.
The COVID-19 pandemic and lockdowns in different nations across the globe have affected the monetary status of organizations across all areas, including the private medical care area. The COVID-19 pandemic has affected the whole store network of the medical care industry fundamentally as a result of severe lockdown in a few locales. The COVID-19 pandemic has impacted the economies of different districts across the globe in three fundamental ways: 1) by straightforwardly influencing creation and demand; 2) by making disturbances in dissemination channels; and 3) through its monetary effect on organizations and monetary business sectors. Numerous nations, like Thailand, Indonesia, and Singapore, are dealing with issues concerning transportation and conveyance of medical care items.
In this way, the effect of the COVID-19 pandemic is estimated to restrict the development of the global amniotic membrane market during the estimated timeframe, attributable to the diminishing in the inventory of medical service items, suspension of ophthalmological medical procedures, and hazard of positive COVID-19 cases related to the amniotic layer. As per an article distributed in the Nature Logic Diary on June 1, 2020, amniotic film of COVID-19 positive females was tried to be positive for COVID-19 contamination. Subsequently, the article proposes that clinical experts do COVID-19 testing of asymptomatic amniotic film givers.
Additionally, the COVID-19 pandemic brought about a stop to ophthalmology systems due to which the interest of the amniotic layer diminished. As indicated by information given by the National Center for Biotechnology Information (NCBI), in the event that ophthalmological medical procedures are suspended for a long time due to the COVID-19 pandemic, over 1.1 million instances of ophthalmological medical procedures are assessed to be at a stop in Monte Carlo, wherein the patients have enrolled for ophthalmological medical procedures, yet the medical procedure has not been performed at this point due to the suspension of medical procedures taking into account the pandemic. This is expected to hamper the development of the global amniotic membrane market.
The global amniotic membrane market had a valuation of US$ 3,201.1 million in 2021, and is anticipated to grow at a CAGR of 12.8% over the estimated timeframe (2021-2028).
The rising number of ophthalmology and corrective medical procedures is the central point that is projected to drive the global amniotic membrane market’s development over the estimated timeframe.
Enormous quantities of ophthalmology and corrective medical procedure methodologies are embraced by individuals from one side of the planet to the other. This is estimated to support the development of the global amniotic membrane market. As indicated by the American Society of Plastic Surgeons report, over 2.3 million restorative medical procedure strategies and over 6.8 million reconstructive techniques were done in the U.S. in 2020.
The growing geriatric population also contributes to the growth of the global amniotic membrane market, as more ophthalmological issues are studied in a more seasoned population. As per the National Center for Biotechnology Information (NCBI) report 2020, north of 800,000 waterfall medical procedures are played out consistently in Germany, and the recurrence of these medical procedures is supposedly expanding with developing age. The recurrence of waterfall medical procedures is estimated to be around 26% for people aged 70 and up.
An expanding number of innovative work exercises for working on the adequacy of amniotic film and improvement of new items is anticipated to help with the development of the global amniotic membrane market over the forecasted timeframe. Amnio Technology, an American regenerative medicine company, will begin Phase II clinical trials in November 2020 to assess the efficacy of their product PalinGen, an amniotic film allograft used to treat diabetic ulcers.
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Expanding uses of amniotic film are foreseen to fuel the development of the global amniotic membrane market over the estimated timeframe. The amniotic layer finds its applications in an assortment of areas like injury care, ophthalmology, muscular health, and others. AlloSource, an American non-benefit association, gives AlloSkin skin units, which are valuable in reconstructive strategies and corrective medical procedures. Also, Geistlich Derma-Gide, produced by Geistlich Pharma AG, an American regenerative medication organization, is a permeable three-dimensional grid utilized in injury management for executives.
Development of the global amniotic membrane market might be hampered due to significant expense related to the treatment as well as difficulties related to ease of use of the amniotic film treatment. As per the Review of Optometry’s article distributed in January 2017, the unfortunate addition or expulsion of an amniotic film relocate can bring about corneal scraped spots. Additionally, patient prejudice towards certain parts of amniotic layer definitions likewise restricts the utilization of amniotic layers.
North America is projected to stand firm on its prevailing foothold in the global amniotic membrane market over the estimated timeframe, attributable to the quantity of item dispatches. PalinGel, an amniotic liquid determined allograft used in injury care to help harmed delicate tissues, was launched in September 2017 by Amnio Technology. Furthermore, the Asia-Pacific region’s geriatric population is expected to reach 1.3 billion by 2050, with 1.3 billion of them being over the age of 60.
Key companies contributing to the global amniotic membrane market include LifeCell International, MiMedx, Integra LifeSciences, Amnio Technology, LLC, Alliqua BioMedical, Inc., Osiris Therapeutics, Inc., Organogenesis Holdings Inc., NuVision Biotherapies, Surgenex, Katena Products, Inc., TissueTech, Wright Medical, Next Biosciences, Skye Biologics Inc., Amniox Medical, Inc., and Human Regenerative Technologies, LLC.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Amniotic Membrane Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Amniotic Membrane Industry Impact
Chapter 2 Global Amniotic Membrane Competition by Types, Applications, and Top Regions and Countries
2.1 Global Amniotic Membrane (Volume and Value) by Type
2.3 Global Amniotic Membrane (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Amniotic Membrane Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Amniotic Membrane Market Analysis
Chapter 6 East Asia Amniotic Membrane Market Analysis
Chapter 7 Europe Amniotic Membrane Market Analysis
Chapter 8 South Asia Amniotic Membrane Market Analysis
Chapter 9 Southeast Asia Amniotic Membrane Market Analysis
Chapter 10 Middle East Amniotic Membrane Market Analysis
Chapter 11 Africa Amniotic Membrane Market Analysis
Chapter 12 Oceania Amniotic Membrane Market Analysis
Chapter 13 South America Amniotic Membrane Market Analysis
Chapter 14 Company Profiles and Key Figures in Amniotic Membrane Business
Chapter 15 Global Amniotic Membrane Market Forecast (2022-2028)
Chapter 16 Conclusions
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