The global birth tissue products market was valued at USD 2.3 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.6% over the forecasted years. According to a recent study by Future Market Insights, amniotic membrane tissue is leading the market, holding a significant share of approximately 34.2% in 2022.
This market growth can be attributed to the increasing applications of birth tissue products in various medical fields, including orthopedics, wound healing, and ophthalmology. The unique properties of amniotic membranes, such as their anti-inflammatory and regenerative capabilities, make them an attractive option for healthcare providers.
As the demand for innovative and effective solutions in regenerative medicine rises, the birth tissue products market is expected to see significant advancements. The growing awareness of the benefits of using biological tissues in medical treatments is also contributing to market expansion.
With ongoing research and development, manufacturers are focusing on enhancing the quality and effectiveness of birth tissue products. This trend is expected to further fuel market growth, as healthcare professionals increasingly adopt these solutions to improve patient outcomes and provide advanced therapeutic options. The birth tissue products market is poised for substantial growth in the coming years, presenting opportunities for key players to strengthen their market position.
What are the Key Opportunities for the Players in the Global Market?
Increasing interest in the possibilities of birth tissue products has led to an increase in the number of companies producing and marketing these goods. Cooperation between businesses, research centres, and healthcare providers can result in the creation of fresh goods and technology as well as the opening of fresh markets. Partnerships can also make it easier to introduce new born tissue products by assisting with regulatory and reimbursement challenges. This has made these products more accessible to patients and healthcare professionals.
Birth tissue products also have a lot of potential in regenerative medicine, particularly in the areas of tissue repair and wound healing. The demand for new-born tissue products as a viable therapy option is being driven by an increase in the number of postpartum haemorrhage cases that are being reported as well as other obstetric problems. Because women need care that is more specialized during the postpartum recovery stage, the surge in cesarean-section births has increased the need for birth tissue products along with the opportunities for the key manufacturers.
Competitive Landscape
Manufacturers of birth tissue products are focusing on differentiation by expanding into new markets, receiving regulatory permission for more goods, marketing approvals in other regions, and expanding into new geographies. Along with relationships with globally significant organizations, research, and development. The dynamics of the market have changed due to increasing awareness. In November 2018, Organogenesis Inc. introduced the Advanced Healing Education Resource Center, a microsite for continuing medical education that includes the most recent conceptual and practical developments in wound healing.
- In January 2023, MIMEDX announced that for the marketing of EPIFIX in Japan, it entered into an exclusive distribution agreement with GUNZE MEDICAL LIMITED, a branch of Gunze Limited.
Similarly, recent developments related to companies manufacturing birth tissue products have been tracked by the team at Future Market Insights. These are available in the full report.
Key Companies Profiled
- Surgenex, LLC.
- Organogenesis, Inc.
- Stryker
- Next Biosciences
- Skye Biological Holdings, (LLC)
- NuVision Biotherapies Ltd.
- Merakris Therapeutics
- Orthofix Medical Inc.
- Amiox medical (Tissue Tech, Bio-tissue)
- MIMEDX
- SURGILOGIX
- AlloSource
- MTF Biologics
- StimLabs
Key Market Segments Covered in the Birth Tissue Products Industry Research
Tissue:
- Placenta
- Amniotic Membrane
- Chorionic Membrane
- Amniotic Fluid
- Umbilical Cord Tissue
- Umbilical Veins
- Wharton’s Jelly
Application:
- Cardiovascular Disorders
- Oncology
- Dermatology
- Musculoskeletal
- Wound Care
- Ophthalmology
End User:
- Hospitals
- Birth Centers
- Academic & Research Institutes
Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Middle East and Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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