About Extracellular Matrix (ECM) Patches
Extracellular Matrix (ECM) Patches are used to patch for cardiac and vascular tissue repair. ECM promotes a regenerative or healing pathway and facilitates tissue remodeling. It is used to support tissues segregating one another and regulate intercellular communication. These patches are useful for cardiac reconstruction in both animals and humans. The increasing use of extracellular matrix (ECM) patches for soft tissue repair and wound healing procedures has driven the market demand.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.06% |
The ECM Patches market is projected to experience significant growth in the coming years, driven by rising demand for minimally invasive procedures, aging populations, and increasing awareness of regenerative medicine options. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Smith & Nephew plc (United Kingdom), Boston Scientific Corporation (United States), Koninklijke DSM N.V. (Netherlands), Coloplast A/S (Denmark), Cook Group (United States), MTF Biologics (United States), Medtronic plc (Ireland), Baxter International Inc. (United States), Aziyo Biologics, Inc. (United States) and Admedus Ltd. (Australia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are JZ Healthcare (Shanghai) Co., Ltd. (China), Orthox Regenerative Technologies Plc (United Kingdom), Medtronic China (China) and KCI Licensing Inc. (Texas).
Segmentation Overview
AMA Research has segmented the market of Global Extracellular Matrix (ECM) Patches market by Type (Bovine, Porcine and Others), Application (Vascular Repair and Reconstruction, Cardiac Repair, Pericardial Repair, Dural Repair, Soft Tissue Repair and Wound Healing) and Region.
On the basis of geography, the market of Extracellular Matrix (ECM) Patches has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Extracellular Matrix (ECM) Patches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Trend for Bovine-based ECM Patches
Market Growth Drivers:
Increasing Incidence of Congenital Heart Disease (CHD) and Adoption of ECM in Hernia and Pelvic Reconstruction Surgeries
Challenges:
Lack of Skilled Professionals
Restraints:
High Cost of ECM Procedure
Opportunities:
Awareness Regarding Biological Patches, Rising Prevalence of Trauma and Hernia Repair Surgeries and Increasing Number of Surgeries in Emerging Countries
Market Leaders and their expansionary development strategies
In November 2023, A tissue bank partnered with a biotechnology company to develop and commercialize ECM patches derived from ethically sourced human adipose tissue for diverse regenerative applications.
In October 2023, Organogenesis Inc. launched its "PureSkin Dermal Repair Matrix," offering a decellularized dermal ECM patch for facial and body scar revision with minimal donor site morbidity.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Extracellular Matrix (ECM) Patches Manufacturer, Raw Material Suppliers, Government Regulatory and Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.