Amniotic Membrane Market on Steady Growth Path, Projected to Reach $1.73 Billion by 2030
The global amniotic membrane market , valued at $1,102.45 million in 2020, is set to witness consistent growth, projected to reach $1,728.05 million by 2030. This upward trend reflects a compound annual growth rate (CAGR) of 4.6% from 2021 to 2030, driven by increasing adoption across ophthalmology, wound care, and regenerative medicine. What is Amniotic Membrane? Amniotic membrane (AM), a thin and biologically active layer found on the inner side of the placenta, plays a crucial role in protecting and nourishing the fetus during pregnancy. Post-delivery, this membrane is now being harnessed in medical science for its regenerative properties. It is especially valuable in wound healing, tissue repair, and ophthalmic procedures due to its anti-inflammatory, anti-scarring, and epithelialization-enhancing features. Key Market Drivers Growing Use in Ophthalmology and Wound Care: Amniotic membrane is increasingly used as a biological dressing in ocular surgeries and chronic wound...