Latin America Amniotic Membrane Market Size & Outlook
Latin America amniotic membrane market, 2018-2030 (US$M)
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Latin America amniotic membrane market highlights
- The Latin America amniotic membrane market generated a revenue of USD 346.3 million in 2022.
- The market is expected to grow at a CAGR of 13.1% from 2023 to 2030.
- In terms of segment, cryopreserved amniotic membrane was the largest revenue generating product in 2022.
- Cryopreserved Amniotic Membrane is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 346.3 million |
| Market revenue in 2030 | USD 926.5 million |
| Growth rate | 13.1% (CAGR from 2022 to 2030) |
| Largest segment | Cryopreserved amniotic membrane |
| Fastest growing segment | Cryopreserved Amniotic Membrane |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cryopreserved Amniotic Membrane, Dehydrated Amniotic Membrane |
| Key market players worldwide | MiMedx Group Inc, Alliqua BioMedical, Amnio Technology, Human Regenerative Technologies, Integra Lifesciences Holdings Corp, Corza Health, Skye Biologics, Organogenesis Holdings Inc Class A |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.7% of the global amniotic membrane market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,897.2 million by 2030.
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Amniotic Membrane Market Scope
Amniotic Membrane Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America amniotic membrane market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to amniotic membrane market will help companies and investors design strategic landscapes.
Cryopreserved amniotic membrane was the largest segment with a revenue share of 58.68% in 2022. Horizon Databook has segmented the Latin America amniotic membrane market based on cryopreserved amniotic membrane, dehydrated amniotic membrane covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare spending of Latin America is reported to be around 7.6% of GDP, which is third in terms of healthcare spending after North America and Western Europe.
Growing health awareness and increasing demand for technologically upgraded medical devices for long-term care are among some key factors that are expected to boost market growth.
Latin American countries have vibrant research relations with China and Europe.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America amniotic membrane market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America amniotic membrane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America amniotic membrane market size, by country, 2018-2030 (US$M)
Latin America Amniotic Membrane Market Outlook Share, 2022 & 2030 (US$M)
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