Translational Regenerative Medicine Market is valued at USD 271.58 Million in 2020 and expected to reach USD 605.27 Million by 2027 with the CAGR of 12.13% over the forecast period.
Translational Regenerative Medicine Market: Global Size, Trends, Competitive, Historical & Forecast Analysis. Advancement in technologies and success in CAR-T cell therapy for the treatment of cancer are some factors driving the translational regenerative medicine market.
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Scope of Translational Regenerative Medicine Market-
Translational regenerative medicine very broad, new approach to medicine which uses the advances in stem cell technology. These medicines make the use of stem cell to provide clinical care is an area to fully heal damaged tissues and organs, offer solutions to critical conditions and to the damage which is beyond repair.
The first successful tissue engineering one in early 1980, by Howard Green and colleagues at Harvard Medical School, who described techniques to grow skin epidermis starting with a skin biopsy harvested from a patient.
Translational Regenerative Medicine Companies
Translational regenerative medicine market report covers prominent players like,
Novartis, Zimmer Biomet Holdings, Inc., MiMedx, Medtronic Plc., Athersys, Inc., Stryker Corporation, U.S. Stem Cell, Inc. Bioheart, Inc., Advanced Biohealing, Acelity Holdings, Inc., Kite Pharma, Vericel Corporation, Wright Medical, Osiris Therapeutics, and Spark Therapeutics, Organogenesis, Inc., Isto Biologics Medical Systems, Inc., Integra Lifesciences Holdings Corporation and CryoLife, Inc and among others.
Key Benefits for Translational Regenerative Medicine Market Reports –
- Global Market report covers in depth historical and forecast analysis.
- Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global Market report helps to identify opportunities in market place.
- Global Market report covers extensive analysis of emerging trends and competitive landscape.
Translational Regenerative Medicine Market Dynamics –
Increasing prevalence of Chronic Diseases and Genetic Disorders across the globe over the last few decades driving the growth of regenerative medicine. For instance, rising incidence and prevalence of chronic diseases including CVD, cancer, diabetes and genetic disorders like cystic fibrosis affecting on major population across the world whereas, CVD is the leading cause of death, globally.
Translational Regenerative Medicine Market Segmentation –
By Product Type
- Cell Therapy
- Gene Therapy
- Tissue Engineering
- Small Molecule & Biologic
By Material
- Synthetic Material
- Biodegradable Synthetic Polymer
- Scaffold
- Artificial Vascular Graft Material
- Hydrogel Material
- Biologically Derived Material
- Collagen
- Xenogeneic Material
- Genetically Engineered Material
- Deoxyribonucleic Acid Transfection Vector
- Genetically Manipulated Cell
- Three-Dimensional Polymer Technology
- Transgenic
- Fibroblast
- Neural Stem Cell
- Gene-Activated Matrices
- Pharmaceuticals
- Small Molecule
- Biologic
By Application
- Cardiovascular
- Oncology
- Dermatology
- Musculoskeletal
- Wound Healing
- Ophthalmology
- Neurology
- Others
Translational Regenerative Medicine Market Regional Analysis –
North America is dominating the translational regenerative medicine market due to the increasing focus on stem cells therapy, growth in R&D activities and getting success in therapies in emerging economies are expected to supplement the market growth, For instance, In recent years FDA approve CART cell therapy for the myeloma cancer treatment.
These all factors encouraging the region to dominate the market and it is expected to maintain it position over the forecast period.
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