North America Amniotic Membrane Market Segments and Growth by 2027

The Amniotic membrane market is expected to reach US$ 1175.2million in 2027 from US$ 667.4million in 2019. The market is estimated to grow with a CAGR of 7.5% from 2020-2027.

Human amniotic membrane is the innermost fetal layer, lining the amniotic cavity and protecting the fetus during pregnancy. The outer layer, termed chorionic membrane, further separates the fetus from maternal tissues. Various researches focusing on the physiological functions of fetal layers have shown that amniotic membrane not only provides physical support for the fetus but also serves as a metabolically active filter through direct interaction with amniotic fluid. The translucent, avascular, low immunogenic, anti-inflammatory, anti-scarring, and wound healing properties of amniotic membrane allow this material function beyond its role in vivo and assume a wide range of applications in regenerative medicine. The scope of the amniotic membrane market includes enzyme, application, end user, and region.

US Amniotic Membrane Market Revenue and Forecasts to 2027 (US$ MN)

Market Insights

High Demand for Cosmetic Surgeries

The emerging cosmetic surgery markets in the developing countries are the major factor that is giving a better opportunity for the market players to expand their business. Cosmetic surgeries are becoming a main reason for the market growth in the forecast period. Most of the key market players focus on emerging market such as US due to a growth in the number of surgeries and the increasing popularity of amniotic membrane products. Amniotic membranes are also used in reconstructive surgeries to reduce scarring and promote healing of the skin. Based on the estimates from the American Society of Plastic Surgeons, about 17.5 million surgical cosmetic procedures were done in the U.S. in 2017. These facts are indicative of the increasing number of individuals undergoing surgery to enhance their aesthetic appeal. Thus, high product demand in cosmetic surgeries is boosting the market growth. These products are also used in reconstructive procedures, which is also propelling their demand. Usage of amniotic membranes for burn injury treatments enables rapid wound healing and epithelialization. It is also proven to reduce pain and facilitate easy movement of the affected area. Since the usage of this method proves to be cheaper than xenografts and allografts, it is increasingly being used across the globe, which is accelerating the segment growth.

Enzyme- Based Market Insights

Based on enzyme, the amniotic membrane market, by enzyme, is segmented into cryopreserved amniotic membrane, and dehydrated amniotic membrane. The cryopreserved amniotic membrane segment held the largest share of the market in 2019, whereas the dehydrated amniotic membrane segment is anticipated to register the highest CAGR in the market during the forecast period.

North America Amniotic Membrane Market, by Enzyme – 2019 and 2027

Application- Based Market Insights

Based on application, the amniotic membrane market, by application, is segmented into surgical wounds, ophthalmology, and others. The surgical wounds segment held the largest share of the market in 2019, also the segment is anticipated to register the highest CAGR in the market during the forecast period.

End-user- Based Market Insights

Based on end-user, the amniotic membrane market is segmented into hospitals, ambulatory surgical centers, specialty clinics, research institute and academic institutes. The hospitals segment held the largest share of the market in 2019. Moreover, the ambulatory surgical centers segment is estimated to register the highest CAGR in the market during the forecast period.

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North America Amniotic Membrane Market: Strategic Insights

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The Growth in Derived Products from Amniotic Membranes

Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the amniotic membrane market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance, in August 2020, Bio-Tissue, Inc., a TissueTech, Inc. company in the US, has developed PROKERA Slim corneal bandage, which is approved in Taiwan for the use of ocular surface disease and disorders. Also, companies are offering innovative products to treat various ulcers, wounds, and injuries caused due to several chronic diseases.

NORTH AMERICA AMNIOTIC MEMBRANE MARKET SEGMENTATION

By Enzyme

• Cryopreserved Amniotic Membrane
• Dehydrated Amniotic Membrane

By Application

• Surgical Wounds
• Ophthalmology
• Others

By End User

• Hospitals
• Ambulatory Surgical Centers
• Speciality Clinics
• Research Institute and Academic Institutes

By Country

• North America

  • US
  • Canada
  • Mexico

Company Profiles

• Surgenex, LLC
• Amnio Technology, LLC
• Katena Products. Inc
• Amniox Medical, Inc
• Smith & Nephew
• Organogenesis Inc
• MiMedx
• Skye Biologics Inc.
• Integra Life Sciences Corporation
• Applied Biologics LLC

North America Amniotic Membrane Market Report Scope

North America Amniotic Membrane Market Players Density: Understanding Its Impact on Business Dynamics

The North America Amniotic Membrane Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.