North America Amniotic Membrane Market Forecast 2022-2030
KEY FINDINGS
The North America amniotic membrane market is projected to register a CAGR of 6.83% during the forecast period, 2022-2030. The growing research prospects have led several medical institutes to develop preserved amniotic membrane (AM) for longer durations.
MARKET INSIGHTS
The North America amniotic membrane market growth assessment includes the analysis of the United States and Canada. AM has had early application in terms of the amniotic membrane obtained from labor and delivery to several burns and wounds types. It is rich in collagen with several aspects that supplement the healing process to reduce scar formation and wound closure. However, the advanced techniques for preserving the natural membrane have facilitated the reviving interest in using AM in various applications.
In this regard, Canada is witnessing the development of certain techniques for dehydrating the material while maintaining its wound-healing attributes to produce a temperature-stable allograft. However, future research is estimated to yield more information on the AM allografts’ unique properties.
Furthermore, there has been an increase in the number of cosmetic surgeries in the US. As per the 2017 American Society of Plastic Surgeons report, around 17.5 million people look for surgical cosmetics products since the majority are inclined to skin improvement. Also, many amniotic tissue-based products are available in the market for skin improvement. Besides, these products help in the rapid recovery of wound healing.
COMPETITIVE INSIGHTS
Some of the leading market players are MiMedx, Bio-Tissue Inc, Surgilogix Llc, Aminox Medical Inc, etc.
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