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Boost the growth of the U.S. Acellular Dermal Matrices Market

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Sneha
Boost the growth of the U.S. Acellular Dermal Matrices Market

The global U.S. Acellular Dermal Matrices Market is estimated to be valued at US$ 2783.32 Mn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:-

Acellular Dermal Matrices also known as ADMs are medical devices used in reconstructive procedures as regenerative grafts. They provide strength, durability and permanence when used as soft tissue replacement in wounds and reconstructive procedures. ADMs function as a supportive matrix scaffold to promote wound healing and soft tissue ingrowth by filling voids and defects. They are commonly used in breast reconstructive procedures following mastectomy. Their ability to integrate into host tissues permanently makes them a popular choice for plastic and reconstructive surgeons.

Market key trends:-

One of the key trends in the U.S. Acellular Dermal Matrices Market is increasing demand for breast reconstruction procedures post mastectomy. According to the American Cancer Society, over 268,000 new cases of breast cancer were reported in the U.S. in 2022. The rising incidence of breast cancer has led to greater emphasis on aesthetic outcome following surgery. ADMs are increasingly becoming materials of choice during breast reconstruction as they provide long lasting volume replacement and good cosmetic outcomes. Additionally, ongoing technological advancements focused on improving tissue matching and integration is also boosting their adoption. Introduction of bioactive acellular dermal matrices infused with growth factors and cells is further expanding scope of applications.

Porter’s Analysis:-

  • Threat of new entrants: The high regulatory compliance and costs associated with R&D act as a barrier for new players in this market.
  • Bargaining power of buyers: The presence of large number of established players gives buyers more options to choose from, increasing their bargaining power.
  • Bargaining power of suppliers: The raw materials for acellular dermal matrices have specialized production processes resulting in limited number of suppliers increasing their bargaining power.
  • Threat of new substitutes: Emerging technologies for wound healing and soft tissue repair such as skin grafts, autologous dermal substitutes offer some substitution threat.
  • Competitive rivalry: The market comprises large global players competing on basis of product quality, innovation and customer service.

Key Takeaways:-

The Global U.S. Acellular Dermal Matrices Market Growth is expected to witness high, exhibiting CAGR of 3.8% over the forecast period, due to increasing cases of burn injuries and trauma surgeries.

Regional analysis

North America dominates the global acellular dermal matrices market owing to expanding applications of these products, rising prevalence of diabetes and burn injuries in the region. However, Asia Pacific is expected to exhibit fastest growth during the forecast period driven by growing medical tourism, healthcare infrastructure and economic development.

Key players analysis

Key players operating in the U.S. 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, Marine Polymer Technologies, Inc.

 

Read More - https://www.trendingwebwire.com/u-s-acellular-dermal-matrices-market-size-and-trends-analysis/

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