Rising preference for several surgical procedures such as cosmetic surgeries, ophthalmic surgeries, and anti-cancer treatments are stimulating high growth in the global amniotic membrane market in coming years. Increasing applications along with rising usage of amniotic membrane products in regenerative medicine field is also anticipated to offer promising opportunities for the expansion of the global amniotic membrane market in near future. Rising demand for cataract surgical procedures is yet another driver for the global amniotic membrane market in coming years.
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North America Emerges as Dominant Region in Amniotic Membrane Market
Geographically, North America region is anticipated to dominate the global landscape of the amniotic membrane market in coming years. This dominant regional position can be attributed to rising geriatric population as well as constantly rising number of new product launches from the players in amniotic membrane market in the region. Furthermore, rising number of applications for the products in the global amniotic membrane market for orthopedics and wound care are also anticipated to thrust momentum in the North America amniotic membrane market in coming years.
Players in Amniotic Membrane Market Focused on R&D and Collaborations
Few of the most prominent players functioning within the global amniotic membrane market are NuVison biotherapies, Wright Medical, Alliqua BioMedical, Inc., TissueTech, Lifecell International, Osiris Therapeutics, Inc., Human Regenerative Technologies, Smith & Nephew, Organogenesis Holdings, Inc., Surgenex, Skye Biologics, and MiMedx, among others. Players and enterprises in the global amniotic membrane market are increasingly investing large sums aimed at research and development activities to develop new products in order to gain a dominant share in the industry.
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Furthermore, certain players in the amniotic membrane market are collaborating with others to enhance their combined market positioning. Main objective of many industry players in amniotic membrane market is to reduce the percentage of post-surgical side effects as well as boosting the rate of success.