Regenerative Medicine Market Size is Projected To Reach USD 95710 Million By 2027 at a CAGR of 19.2% - Valuates Reports

BANGALORE, India, July 13, 2021 /PRNewswire/ -- Regenerative Medicine Market by Type - Cell Therapy, Tissue Engineering, Biomaterial, Other, by Application - Dermatology, Cardiovascular, CNS, Orthopedic, Others. It is published in Valuates Reports under Health Category.

The global Regenerative Medicine market size is projected to reach USD 95710 million by 2027, from USD 28000 million in 2020, at a CAGR of 19.2% during 2021-2027.

Major factors driving the growth of the Regenerative Medicine Market are:

• The rise in the incidence of degenerative diseases, and shortage of organs for transplantation.
• The emergence of stem cell technology and untapped potential of nanotechnology.
• Increase in prevalence of chronic diseases & trauma emergencies.

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TRENDS INFLUENCING THE GROWTH OF REGENERATIVE MEDICINE MARKET

The growing prevalence of chronic diseases, genetic disorders, and cancer is expected to propel the growth of the regenerative medicine market. The prevalence of chronic diseases such as cardiovascular disease, cancer, diabetes, ulcers, and genetic illnesses such as cystic fibrosis have increased dramatically during the last several decades all across the world. Regenerative medicine has the ability to repair or replace tissues and organs that have been destroyed by age, disease, or trauma, as well as to correct congenital flaws. In order to restore normal function, regenerative medicine replaces or regenerates damaged human cells, tissues, and/or organs.

Another major factor projected to drive regenerative medicine market growth is increased investment by private and government organizations. Furthermore, the development of a robust product pipeline in stem cell and gene therapy by numerous research institutes and leading market competitors will further boost the regenerative medicine market growth.

Factors such as enhanced healing and reduced pain, increased functionality, and reduced risk of future injuries and pain offered by regenerative medicine are expected to drive regenerative medicine market growth. Instead of simply managing symptoms, regenerative medicine focuses on addressing the source of pain. They accomplish this by supplying growth inducers to the wounded location, which aid tissue recovery. Patients can heal faster and have less pain than with standard medication.   

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REGENERATIVE MEDICINE MARKET SHARE ANALYSIS

Based on region, North America is expected to be the most lucrative. The rise in stem cell banking, tissue engineering, and drug discovery in the region, as well as the expansion of the healthcare sector and the high adoption of stem cell therapy and cell immunotherapies for the treatment of cancer and chronic diseases, have all contributed to the growth of the North American regenerative medicine market.

Based on type, tissue engineering and stem cells are expected to be the most lucrative. 

Based on application, the Dermatology segment is expected to be the most lucrative. This is due to the presence of easy grafting techniques for dermatological wounds and diseases. Skin provides many types of stem cells from its many layers, as it is an organ with excellent cell replication characteristics. As a result, a wide range of solutions is available, ranging from patches to treat minor injuries to matrix and grafts for chronic wounds and burns.

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Segment by Type

• Cell Therapy
• Tissue Engineering
• Biomaterial
• Other

Segment by Application

• Dermatology
• Cardiovascular
• CNS
• Orthopedic
• Others

BY REGION

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

BY COMPANY

• DePuy Synthes
• Medtronic
• ZimmerBiomet
• Stryker
• Acelity
• MiMedx Group
• Organogenesis
• UniQure
• Cellular Dynamics International
• Osiris Therapeutics
• Vcanbio
• Gamida Cell
• Golden Meditech
• Cytori
• Celgene
• Vericel Corporation
• Guanhao Biotech
• Mesoblast
• Stemcell Technologies
• Bellicum Pharmaceuticals

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SIMILAR REPORTS :

-  Global Regenerative Medicine for Cartilage Market Research Report contains Market Size, Market Share, Market Dynamics, Porter's 5 force Analysis, Segmentation, Regional and Competitor Analysis. Product: Regenerative Medicine for Cartilage, Product-Type: Cell-based, Non-cell-based, Application: Hyaline Cartilage Repair and Regeneration, Elastic Cartilage Repair and Regeneration, Ribrous Cartilage Repair and Regeneration.

-  The global Translational Regenerative Medicine market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Translational Regenerative Medicine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

-  The global gene therapy cell culture media market accounted for USD 122.60 million in 2019, and is expected to reach USD 278.96 million by 2027, registering a CAGR of 10.6% from 2020 to 2027.

-  The global cell therapy market accounted for USD 7,754.89 million in 2019, and is expected to reach USD 48,115.40 million by 2027, registering a CAGR of 25.6% from 2020 to 2027.

-  The global tissue engineering market was valued at USD 2,374 million in 2019, and is projected to reach USD 6,815 million by 2027, registering a CAGR of 14.2% from 2020 to 2027.

-  The global nanomedicine market accounted for USD 111,912 million in 2016, and is anticipated to reach USD 261,063 million by 2023, registering a CAGR of 12.6% from 2017 to 2023.

-  The global 3D cell culture market was evaluated at USD 1,234.86 million in 2019, and is estimated to garner USD 3,721.68 million by 2027, registering a CAGR of 16.3% during the forecast period.

-  The global culture media market was valued at USD 4,088 million in 2016, and is estimated to reach at USD 7,609 million by 2023, registering a CAGR of 8.0% from 2018 to 2025.

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