The amniotic membrane is the placenta's innermost layer, which comprises tissue and cells, which act as a wound healing for the re-growth of soft tissue. These amniotic membranes are used in eye surgery for healing and replacing the damaged eye tissues as the biologically active cells are present in the epithelial and stromal layer of the Amniotic membrane and release the growth factors and cytokines with anti-inflammatory, anti-immunogenic, and anti-fibrotic properties.
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Market Dynamics
The market growth is driven by the rising demand for the use of amniotic membrane as a biological bandage suitable for use on the eye surface due to its properties such as thin, lightweight, elastic, and transparent. These membranes are used to treat chemical burns, cornea ulcers, and disorders leading to ulcerations during surgical procedures involving eye tissue excision.
The market is dominated by the presence of several ophthalmology amniotic membrane products. For instance, Dehydrated AmnioMatrix developed by Next Biosciences is a dry amniotic membrane with the epithelial layer of cells removed. It acts as a scaffold to which new cells can grow once placed on the wound. There is an increase in the research and development activities for developing ophthalmology amniotic membranes over the forecasted period.
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Segment Analysis
The global ophthalmology amniotic membrane market is segmented into type Cryopreserved Amniotic Membrane and Lyophilization Amniotic Membrane. The cryopreserved amniotic membrane segment accounts for the highest market share due to the high usage of cryopreserved amniotic membranes in eye surgeries to heal or replace the eye tissue due to their ability to retain the histological and morphological properties of fresh tissue. Slow-rate freezing preservation techniques involve the slow freezing of the Cryopreserved amniotic membrane at –80°C using DMEM/glycerol preservation media. This slow-rate freezing preservation technique effectively retains the extracellular matrix components, such as heavy-chain hyaluronic acids, growth factors, fibronectin, and collagen, all of which promote anti-inflammatory effects and healing.
Competitive Landscape
The global ophthalmology amniotic membrane market is highly competitive with the presence of several domestic and international players. FzioMed, Inc., Amniox Medical, Inc., Human Regenerative Technologies, LLC, Amnio Technology, LLC, Derma Sciences, and MiMedx Group, Inc are leading market players with a significant market share. Companies are following new product launches, product diversification, and market expansion strategies for increasing their market penetration.
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