Amniotic membrane transplantation (AMT) has been practiced since quite a long time in the ophthalmic surgery, in the light of recent developments in tissue preservation methods. The anti-scarring and anti-inflammatory properties of amniotic membrane are some of the key attributes influencing global demand.
Amniotic membrane transplantation has been gaining traction as a viable alternative for corneal and conjunctival reconstruction. Moreover, the rising popularity of amniotic fluid transplantation technique is further pushed by the revolutions it has bought to the reconstructive surgery of eyes. These insights are derived from a new report, titled "Amniotic Membranes Market: North America to Remain Dominant Regional Market in Terms of Revenue during the Forecast Period: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028," recently added to the comprehensive repository of Market Research Reports Search Engine (MRRSE).
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Amniotic Membranes Market- North America to Maintain its Lead as the Most Lucrative Region
The consumer base of amniotic membrane transplantation market consists of population hailing from different age groups, characterized by untapped product segments to offer effective wound therapy and eye surgeries. This, in turn, has prompted the manufacturers of amniotic membrane product to capitalize on the emerging latent opportunities in the global market landscape. The surging demand for amniotic membrane products and amniotic membrane transplants, primarily in case of North American countries, is likely to offer prime opportunities for the market players.
In the forthcoming years, the companies are anticipated to emphasize on development of innovative products and formulate market level strategies to exploit evolving opportunities emerging in parallel with rising instance of chronic diseases.
Amniotic Membranes Market- Lack of Standardized Guidelines to Stymie growth Opportunities
The amniotic membrane market is poised to be influenced by the rising geriatric population, extension of indications of amniotic membrane transplant, rising investments in R&D by key market players, surging focus on tissue – cell & stem cell research, unmet clinical requirements, regulatory harmonization, and many more. Apart from this, the rising demand for amniotic membrane transplants is also likely to be impacted by introduction of distinctive surgical placenta-derived amniotic membrane transplant techniques, and rising cognizance regarding growth factors and cytokines present in amniotic membrane.
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Moreover, the trend of fast product approvals has been scaling up across the developed markets. Rapid FDA approvals for amniotic membrane-based products, including suspensions and allografts for treating surgical wounds, is responsible for pushing the growth of amniotic membrane market. Contrarily, lack of skilled professionals to perform amniotic membrane transplant techniques, absence of standardized guidelines apropos of tissue and bio-medical engineering are factors hindering growth of amniotic membranes market.
Amniotic Membranes Market- Report Description
The report closely analyzes the global amniotic membrane market, both in terms of value as well as volume. The report commences with an affluent market definition and explaining various types of amniotic membrane types included in the market structure. This report also offers a quick overview on the dermal substitute market of which amniotic membrane is a sub-part.
One of the key features of this report is the meticulous analysis of the primary segments, in terms of absolute dollar opportunity. Though this traditionally overlooked in case of market forecasting methods, this is instrumental in gleaning appropriate insights while determining the market growth. In a bid to have an in-depth analysis of the key growth segments, the report offers an ‘Attractiveness Index’ analysis, which helps in identification of untapped business opportunities.
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Global Amniotic Membranes Industry Outlook and Growth Forecast for the Period 2018-2028
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