Global Amniotic Products Market Top Major Players 2024, Forecast To 2033

The amniotic products market size has grown strongly in recent years. It will grow from $0.9 billion in 2023 to $0.98 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to rising prevalence of burn injuries, increasing demand for regenerative medicine, growing adoption of amniotic products in surgical wounds, rising awareness of amniotic products as a viable treatment avenue, global expansion of amniotic products. The amniotic products market size is expected to see strong growth in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increasing patient preference for non-invasive therapies, rising prevalence of chronic wounds, collaborations and partnerships, impact of covid-19, rising prevalence of ophthalmic disorders, increasing healthcare expenditure. Major trends in the forecast period include continuous evolution of product technology, strong growth potential, regional dynamics, impact of covid-19 and a looming global recession, growth in the target patient population, emerging economies.