Europe Amniotic Membrane Market to Grow at a CAGR of 4.6% to reach US$ 742.1 Million from 2020 to 2027

Europe Amniotic Membrane Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Enzyme Type( Cryopreserved Amniotic Membrane, Dehydrated Amniotic Membrane); Application( Surgical Wounds, Ophthalmology and others); End User( Hospitals, Ambulatory Surgical Centers, Specialty Clinics, research institutes and academic institutes); and Country

  • Report Code : TIPRE00014202
  • Category : Pharmaceuticals
  • Status : Published
  • No. of Pages : 123
Buy Now

The Europe amniotic membrane market is expected to reach US$ 742.1 million by 2027 from US$ 434.6 million in 2019; it is estimated to grow at a CAGR of 7.1% from 2020 to 2027.

The Europe amniotic membrane market growth is driven owing to the increasing applications of amniotic membrane, along with rising acute and chronic diseases in the region. However, the challenges in using amniotic membrane retards the growth of the market.

The amniotic membrane is majorly used to treat surgical wound. Amniotic membrane contains cytokines and essential growth factors that help in the wound healing process. It also has applications in treating keratitis, corneal ulcers, neurotrophic keratopathy, and chemical burns. The technological development in medical processes allows the usage of amniotic membrane in eye surgery as a biological bandage to heal or replace damaged eye tissue.

The amniotic membrane is widely used in various surgical subspecialties, ophthalmology procedures,  and conjunctiva surface reconstruction, as well as treating limbal stem cell deficiency or persistent epithelial defects and ocular surface burns. It is also used to treat infectious and sterile corneal ulcers; As corneal ulcers causes significant tissue loss, the amniotic membrane is used in layers to build thickness, thereby avoiding cornea transplantation. It has also been used to Cure ocular burns. If an amniotic membrane transplant is performed quickly after an ocular surface burn, it accelerates healing and reduces fibrosis, neovascularization, and pain.

Research institutes and pharmaceutical & biotech companies are collaborating to fight the COVID-19 crisis; this strategy shifts companies’ focus from regular supply of amniotic membranes. Majority of the companies operating in the manufacturing segment of amniotic membrane currently working on personal protective equipment (PPE), such as gloves, masks, and gowns, and in other segment therapy. In the coming years, the research activities are expected to accelerate owing to their abilities to treat a wide range of diseases. The COVID-19 outbreak highlights potential vulnerabilities in both drug supply chain and clinical infrastructure, including the availability of adequate skilled personel.

The application of human amniotic membrane  has a broad spectrum of therapeutic advantage in the treatment of ocular surface  disorders. Transplantation of  amniotic membrane has been incorporated routinely as a part of ocular surface reconstruction in a variety of ocular pathologies. The application of human amniotic membrane can be combined with almost all kinds of of limbal transplantation  in treating limbal stem cell deficiency . Amniotic membrane provides support and  protection to the transplanted limbal tissues and limbal stem cells owing to its mechanical and biological properties, and these properties are expected to enhance the success rate of LSC transplantation.

A few secondary sources referred to while preparing the report of the Europe amniotic membrane market are the Europe PMC,The review article on the application of human amniotic membrane in the surgical management of limbal stem cell deficiency,

Europe Amniotic Membrane Market revenue and forecast

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
 

Europe Amniotic Membrane Market Segmentation:

Europe Amniotic Membrane Market – By Enzyme

  • Cryopreserved Amniotic Membrane
  • Dehydrated Amniotic Membrane

Europe Amniotic Membrane Market – By Application

  • Surgical Wounds
  • Ophthalmology
  • Others

Europe Amniotic Membrane Market– By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Research Institutes
  • Academic Institutes

Europe Amniotic Membrane Market– By Geography

  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain

Company Profiles

  • Applied Biologics LLC.
  • Integra Lifesciences Corporation
  • Skye Biologics LLC
  • Mimedx
  • Organogenesis Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Enzyme Type, Application, End User, and Country

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

UK, Germany, France, Italy, Russia

The List of Companies - Europe Amniotic Membrane Market

  1. Applied Biologics LLC.
  2. Integra Lifesciences Corporation
  3. Skye Biologics LLC
  4. Mimedx
  5. Organogenesis Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Europe Amniotic Membrane Market