Market Introduction
Amniotic membrane is a combination of tissues and cells that helps heal the wound by acting as a foundation for regrowth of the soft tissues. It is an avascular fetal membrane-derived from placental tissue and is majorly used to treat surgical wound. These wounds are caused by surgical incisions that become chronic wounds if it does not heal properly. Amniotic membrane contains cytokines and essential growth factors that help in better wound healing process. Amniotic membrane also has application in treating keratitis, corneal ulcers, neurotrophic keratopathy, and chemical burns. The technological development has allowed usage of amniotic membrane in eye surgery as a biological bandage to heal or replace damaged eye tissue.
Market Overview and Dynamics
The South and Central America Amniotic Membrane market is expected to reach US$ 85.3 million by 2027 from US$ 55.6 million in 2019. The market is anticipated to grow with a CAGR of 5.7% from 2019 to 2027. Rising Applications of Amniotic Membrane along with increasing target population across the region are the major driving factors for the Market whereas, challenges in using Amniotic Membrane is a major restraining factor of this market.
Key Market Segments
In terms of Enzyme , the Cryopreserved Amniotic Membrane is expected to hold the largest share of the Amniotic Membrane market by 2027. In terms of the Application, in 2019, the Surgical Wound segment held the most significant market share in Amniotic Membrane market. While in terms of End User Hospital segment holds the maximum share during a forecast period.
Major Sources and Companies Listed
Some of the major primary and secondary sources for South and Central America Amniotic Membrane market included in the report are Food and Drug Administration (FDA), and Others.
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- To understand the South and Central America Amniotic Membrane market landscape and identify market segments that are most likely to guarantee a strong return
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South and Central America Amniotic Membrane Market Segmentation:
South and Central America Amniotic Membrane Market – By Enzyme
South and Central America Amniotic Membrane Market – By Application
South and Central America Amniotic Membrane Market– By End User
- Hospitals
- Ambulatory Surgical Centers
- Research Institutes
- Academic Institutes
South and Central America Amniotic Membrane Market– By Country
- Brazil
- Argentina
Company Profiles