Tissue Regeneration Contributing Large Share In The Acellular Dermal Matrices Market

 Acellular Dermal Matrices Market

The Acellular Dermal Matrices Market is estimated to be valued at US$ 8.8 Bn in 2023 and is expected to exhibit a CAGR of 12.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Acellular dermal matrices are processed cadaveric acellular dermal matrices used for soft tissue reinforcement and replacement in plastic and reconstructive surgeries such as breast reconstruction and hernia repair. They offer advantages such as biocompatibility, biodegradability, cost-effectiveness and lower risk of rejection or infection compared to autologous dermal grafts. The products fill voids, facilitate wound healing and provide matrix for neovascularization and tissue integration.

Market key trends:
One of the major trends driving the growth of the acellular dermal matrices market is the increased usage of these products in soft tissue repair procedures. According to the American Society for Aesthetic Plastic Surgery, nearly 313,735 breast reconstruction procedures were performed in the United States in 2021. Acellular dermal matrices are widely used in breast reconstruction to fill the voids under the skin flaps and provide scaffold for tissue regeneration. Furthermore, hernia repair surgery market is also growing rapidly, especially in developing countries, owing to rising geriatric population and lifestyle diseases. Acellular dermal matrices help reinforce the thin abdominal wall tissue and prevent recurrence of hernia. Their versatile applications along with soft tissue repair benefits will continue fueling the demand over the forecast period.

Porter's Analysis

Threat of new entrants: Low capital requirement for starting acellular dermal matrices manufacturing limits the threat of new entrants. However, established suppliers have significant brand recognition and distribution networks.

Bargaining power of buyers: Large group purchasing organizations and integrated healthcare systems have significant bargaining power over suppliers in the market.

Bargaining power of suppliers: A few major companies dominate the supply of acellular dermal matrices, giving them strong bargaining power over buyers.

Threat of new substitutes: Ongoing research has potential to develop new regenerative matrices that could substitute acellular dermal matrices.

Competitive rivalry: Intense competition exists between major suppliers to gain market share.

SWOT Analysis

Strengths: Growing demand for reconstructive surgeries and advancement in tissue engineering drive the Acellular Dermal Matrices Market growth.

Weaknesses: High production cost and lack of skilled professionals restrict the market growth.

Opportunities: Untapped developing markets and ongoing R&D in tissue regeneration present new opportunities.

Threats: Stringent regulatory approval process and reimbursement issues challenge the market.

Key Takeaways

The global acellular dermal matrices market is expected to witness high growth at a CAGR of 12.1% over the forecast period due to rising incidence of breast reconstruction surgeries.

The US market holds the highest share and is expected to retain its dominance over the forecast period. Growing awareness about cosmetic breast reconstruction surgeries drives the US market.

The Asia Pacific region is anticipated to exhibit the fastest growth over 2023-2030. Increasing healthcare expenditure and medical tourism in countries like China, India promotes the regional market growth.

Key players operating in the acellular dermal matrices market are Integra LifeSciences Corporation, AbbVie Inc., Johnson & Johnson, HansBioMed, Becton, Dickinson and Company, Cook Group, Smith & Nephew Plc., Reprise Biomedical, Organogenesis Holdings Inc., Tissue Regenix, LifeNet Health, Zimmer Biomet Holdings, Inc., Stryker Corporation, MiMedx Group, PolyNovo Limited, Fidia Pharma USA Inc., Baxter International Inc., In2Bones Global, BioHorizons, Inc., Harbor MedTech, Inc., MLM Biologics Inc., Geistlich Pharma AG, Olaregen Therapeutix, Inc., EnColl Corporation, Kerecis limited, DSM, ACell Inc., 3M, Cell Constructs I, LLC, CG bio Inc., and Marine Polymer Technologies, Inc.

Read More : https://www.marketwebjournal.com/acellular-dermal-matrices-market-opportunities-analysis-size-share/


 

Comments

Post a Comment

Popular posts from this blog

The Increasing Incidence of Blood Disorders in the World Is Augmenting the Growth of The Global Hematology Market

Image
  Hematology Market Hematology Market , by Product Type (Hematology Analyzers, Flow Cytometers, Coagulation Analyzers, Slide Stainers, Centrifuges, Hemoglobinometers, and Others), by Reagent (Coagulation Reagents, Flow Cytometers Reagents, Immuno-hematology Reagents, and Others), by Application (Auto Immune Disease, Cancer, Diabetes Mellitus, Infectious Disease, and Others) by End User (Hospitals and Clinics, Research Institutes, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027. Market Overview: Hematology is a branch of medical science that focuses on the study of blood-forming organs, blood, and blood disorders. It encompasses the diagnosis, treatment, and management of various conditions related to blood, such as anemia, leukemia, lymphoma, hemophilia, and clotting disorders. The Global Hematology Market Size Is Valued At US$ 4537.5 Million In 2019, And Is Expected T
Read more

The Growing Landscape Of The Medical Carts Market: Innovative Solutions For Healthcare Facilities

Image
Medical Carts Market The healthcare industry has undergone significant transformations over the years, driven by advancements in medical technology and patient care practices. Among the numerous innovations, medical carts have emerged as essential tools in modern healthcare facilities, playing a pivotal role in enhancing efficiency, mobility, and patient outcomes. This article delves into the evolving landscape of the Medical Carts Market, exploring the latest trends, key players, technological advancements, and the impact of these carts on healthcare providers and patients.   The Medical Carts Market has witnessed remarkable growth in recent years due to the increasing demand for improved patient care and workflow optimization. Medical carts are specialized units designed to store, transport, and administer medical equipment, medications, and supplies within healthcare facilities. They offer healthcare providers a portable and organized solution to perform various tasks efficiently,
Read more

The Thriving Potential Of The Land Restoration Market In Ecological Sustainability

Image
Land Restoration Market The world is at a crossroads in terms of environmental challenges. Climate change, biodiversity loss, and land degradation are threatening the delicate balance of our ecosystems. Land restoration emerges as a critical solution to address these pressing issues and to ensure a sustainable future for generations to come. In this 1200-word piece, we will explore the Land Restoration Market , its significance in ecological sustainability, and the promising potential it holds in revitalizing our planet. The Land Restoration Market represents a growing sector focused on reclaiming and rehabilitating degraded lands. This market encompasses various approaches such as afforestation, reforestation, soil remediation, and sustainable land management practices. These activities aim to combat land degradation, desertification, and deforestation while promoting biodiversity conservation and climate change mitigation. Land degradation affects over one-third of the Earth'
Read more