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Birth Tissue Products Market

Market Insights on Birth Tissue Products covering sales outlook, demand forecast & up-to-date key trends

Birth Tissue Products Market by Type of Tissue, Application, End Use, Region & Forecast to 2023 to 2033

Birth Tissue Products Market Snapshot 2023 to 2033

The global Birth Tissue Products market is expected to witness a market value of US$ 15.84 Billion in 2023 and is expected to accumulate a market value of US$ 42.62 Billion by registering a CAGR of 10.4% in the forecast period 2023 to 2033. The market for Birth Tissue Products market registered a CAGR of 5.2% in the historical period 2018 to 2022. Factors such as increase in government funding for medical and academic research, are expected to fuel the growth of the Birth Tissue Products market over the analysis period.

As per Future Market Insights - market research and competitive intelligence provider, the global market value for Birth Tissue Products has been flourished. The rise in awareness of birth tissue products is one of the major factors that is anticipated to boost the market growth.

Additionally, the in-vitro implant design employing 3D printers and technological advancements in birth tissue products are expected to accelerate the growth of the birth tissue products market over the analysis period. Moreover, the increase in reconstructive as well as replacement operations are expected to stimulate the market expansion. Also, the market is anticipated to benefit from the broad scope of growth and considerable research in the development of birth tissue products.

Moreover, rising demand for regenerative medicine as well as the promise of tissue engineering treatments to heal irreparable tissue damage are projected to propel the market growth. The market is expanding, attributed to the increased prevalence of diseases including diabetes, obesity, and other illnesses as well as the growing need for regenerative medicine. In addition, factors including lifestyle-induced changes, an increase in traumatic injury cases, and an ageing population, are likely to stimulate the market growth.

Furthermore, the market for sophisticated treatment methods like tissue engineering is expanding as a result of factors such as the rising prevalence of chronic illnesses, the increase in trauma injuries, and the frequency of auto accidents. Due to the catastrophic bone and organ damage, they result in, traffic accidents. Hence, the increasing incidence of chronic diseases and road traffic accidents, trauma injuries, is a major factor that is expected to fuel the growth of the birth tissue products market in the forthcoming years.

For instance, as per the World Health Organization, 20 to 50 million people are hurt in car accidents each year. In order to restore injured tissues, tissue engineering offers an alternative to mechanical device instruction, surgical reconstruction, and transplantation.

On the regional end, the Birth Tissue Products market in Asia Pacific is expected to account for the maximum share during the analysis period, owing to the factors such as increasing government funding in healthcare sector, and research and development activities.

On the other hand, the Birth Tissue Products market in North America is expected to hold a significant growth rate over the forecast period, attributed to factors such as an upsurge in demand of the birth tissue products is anticipated to fuel the regional market growth during the forecast period.

Recent developments in the technology, mergers and acquisitions, and partnerships within the companies involved in the development of Birth Tissue Products are expected to create lucrative opportunities for the market growth over the analysis period.

For instance, 3D Systems, the industry's top provider of 3D printing, in May 2021, acquired the German software company Additive Works GmbH, in order to increase its simulation capabilities and quickly optimize its large-scale 3D printing procedures.

Subsequently, Phoenix, Arizona, in April 2022, featured the most recent advanced wound care research on Organogenesis Inc.'s product lines, including Affinity, PuraPly AM, NuShield, Apligraf, Novachor, and Organogenesis Physician Solutions.

According to the latest research by Future Market Insights, the birth tissue products market is ready to take its global graph on the upward direction to reach its high point.

The reason for the growth of the market is the global increase in adaptation of the tissue regeneration method for wound healing and plastic surgeries.

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What is Driving Demand for Birth Tissue Products

The presence of FDA guidelines in regards with the tissue management procedures that maintains integrity of tissue and documentation regarding safety of tissue which enhances the quality of the tissues, this is driving the birth tissue products market growth.

The birth tissues speeds up the recovery for various patient such as wounded military persons and peoples who face difficulties in wound healing process.

The wide application of the birth tissues in the skin burns, skin cancers, ulcers and chronic wounds elevated the growth of the market.

USA and Canada Birth Tissue Products Market Outlook

The North American region (USA & Canada) dominates the market share of the birth tissue products in the world.

The increase in prevalence of diabetic ulcers in the region opens the route for the birth tissue products market in the region.

The Rapid development in the healthcare sector and the presence of the top key players in the area which leads to a huge investment in the R&D is another driving factor of the region

The Health awareness programs by government and the American Association of tissue bank regarding the importance of donation of birth tissues gives a better base for the growth.

The fund raising by government in the healthcare sector plays a major role in the growth of the sector.

Sabyasachi Ghosh
Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Demand & Outlook in Europe& Asia for Birth Tissue Products Market

The European region holds the second position in the birth tissue products market, the increase in the patients of skin cancers in the region leads to the growth of the market in the region.

The healthcare awareness programs which improves the knowledge of people regarding the healing powers of the birth tissues which helps in boosting the market in the region.

Asia pacific region is the fastest growing and developing region in the world which results in the increasing government funding in healthcare sector, research and development sector which defines the growth of the market in the region.

The increase in population in the region plays a major role in increase in demand of the birth tissue market as the number of new born babies increases every year, which significantly gives an great opportunity to set a base for the birth tissue products market in the region

Who are the Key Manufacturers and Suppliers of Birth Tissue Products Products

According to FMI analysis are

  • Amiox medical
  • biotissue inc
  • AATB
  • USA Stem Cell Inc
  • Vericel Corp. (Aastrom Biosciences Inc.)
  • Organogenesis Inc. (Advanced Biohealing)
  • Cerapedics Inc
  • Mesoblast Ltd.
  • Ocata Therapeutics Inc. (Astellas Pharma Inc.)
  • Tissue Recover(Alpha Cord)
  • BTR(Birth Tissue recovery)LLC
  • Tellagen llc
  • Predictive biotech

are the key players for the birth tissue products market.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments

By Type of Tissue:

  • Placenta
  • Umbilical cord
  • Amniotic Fluid

By Application:

  • Cardiovascular disorders
  • Oncology
  • Dermatology
  • Musculoskeletal
  • Wound healing
  • Ophthalmology

By End User:

  • Research Laboratories
  • Academic Institutes
  • Pharma and Biotech Companies
  • Hospitals and Diagnostic centers
  • Others

By Region:

  • Oceania
  • South Asia
  • East Asia
  • Europe
  • Latin America
  • North America
  • Middle East and Africa

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Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Birth Tissue Products Market