South Africa Amniotic Membrane Market Size & Outlook
South Africa amniotic membrane market, 2018-2030 (US$M)
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South Africa amniotic membrane market highlights
- The South Africa amniotic membrane market generated a revenue of USD 105.1 million in 2022 and is expected to reach USD 284.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 13.2% 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.
Amniotic membrane market data book summary
| Market revenue in 2022 | USD 105.1 million |
| Market revenue in 2030 | USD 284.0 million |
| Growth rate | 13.2% (CAGR from 2022 to 2030) |
| Largest segment | Cryopreserved amniotic membrane |
| Fastest growing segment | Cryopreserved Amniotic Membrane |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, South Africa accounted for 3.2% of the global amniotic membrane market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia amniotic membrane market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 312.1 million by 2030.
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Amniotic Membrane Market Scope
Amniotic Membrane Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 58.71% in 2022. Horizon Databook has segmented the South Africa amniotic membrane market based on cryopreserved amniotic membrane, dehydrated amniotic membrane covering the revenue growth of each sub-segment from 2018 to 2030.
Economic development of South Africa and presence of high unmet healthcare needs are some of the primary growth drivers of this market.
This expected growth in healthcare spending and increased demand for advanced healthcare treatments are anticipated to boost the market during the forecast period.
Moreover, the government is undertaking initiatives to regulate the healthcare industry in South Africa. The South African devices market is very price sensitive.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa amniotic membrane market , including forecasts for subscribers. This country databook contains high-level insights into South Africa amniotic membrane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa amniotic membrane market size, by product, 2018-2030 (US$M)
South Africa Amniotic Membrane Market Outlook Share, 2022 & 2030 (US$M)
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