logo
logo
Sign in

Global Regenerative Medicine Market is estimated to be US$ 31.44 billion by 2030 with a CAGR of 15.4% during the forecast period

avatar
google
Global Regenerative Medicine Market is estimated to be US$ 31.44 billion by 2030 with a CAGR of 15.4% during the forecast period

The Global Regenerative Medicine Market accounted for US$ 7.5 billion in 2020 and is estimated to be US$ 31.44 billion by 2030 and is anticipated to register a CAGR of 15.4%. Regenerative medicine deals with the "process of replacing, engineering or regenerating human or animal cells, tissues or organs to revive or establish normal function". This field holds the promise of engineering damaged tissues and organs by stimulating the body's own repair mechanisms to functionally heal previously irreparable tissues or organs. Regenerative medicine also includes the likelihood of growing tissues and organs within the laboratory and implanting them when the body cannot heal itself. When the cell source for a regenerated organ springs from the patient's own tissue or cells, the challenge of transplant rejection via immunological mismatch is circumvented. This approach could alleviate the matter of the shortage of organs available for donation.

The report “Global Regenerative Medicines Market, By Therapy (Cell Therapy, Tissue Engineering, Immunotherapy, and Gene Therapy), By Product Type (Cell-Based Products (Allogeneic Products and Autologous Products) and Acellular Products), By Application (Orthopedic & Musculoskeletal Disorders, Dermatology, Cardiology, Dermatology, Diabetes, Central Nervous System Disorders, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

·        In July 2021, Non-profit research organization Hope Biosciences Stem Cell Research Foundation (HBSCRF) has received FDA authorization for a randomized, double-blind, single center, Phase II clinical trial to assess the efficacy of multiple intravenous infusions of autologous adipose-derived mesenchymal stem cells in improving symptoms and quality of life in patients with mild-to-moderate multiple sclerosis (MS).

Analyst View:

Increasing awareness about the benefits of stem cell therapies is anticipated to boost the growth of the target market over the forecast period. Moreover, the growing number of cases for genetic and chronic diseases and regenerative medicine providing an alternative solution for convention methods is propelling the growth of the target market. However, stringent government regulation and high investment required for developing the medicine are major factors hampering the growth of the global regenerative medicines market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Regenerative Medicines Market, By Therapy (Cell Therapy, Tissue Engineering, Immunotherapy, and Gene Therapy), By Product Type (Cell-Based Products (Allogeneic Products and Autologous Products) and Acellular Products), By Application (Orthopedic & Musculoskeletal Disorders, Dermatology, Cardiology, Dermatology, Diabetes, Central Nervous System Disorders, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Regenerative-Medicines-Market-By-3802

Key Market Insights from the report:

The Global Regenerative Medicine Market accounted for US$ 7.5 billion in 2020 and is estimated to be US$ 31.44 billion by 2030 and is anticipated to register a CAGR of 15.4%. The global regenerative medicines market is segmented based on therapy, product type, application, and region.

·        By Therapy, the Global Regenerative Medicine Market is segmented into cell therapy, tissue engineering, immunotherapy, and gene therapy.

·        By Product Type, the Global Regenerative Medicine Market is segmented into cell-based products and acellular products.

·        By Application, the Global Regenerative Medicine Market is segmented into Orthopedic & Musculoskeletal Disorders, Dermatology, Cardiology, Dermatology, Diabetes, Central Nervous System Disorders, and Others

·        By region, the Global Regenerative Medicine Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global regenerative medicine market in terms of revenue contribution as related to that of markets in other regions. This is attributed to the increasing government funds for the development of regenerative medicines and the presence of dominant players in the market in this region.

 

Fresh Look@

https://androidfun.fr/impact-de-covid-19-concurrentiel-et-regional-de-lanalyse-du-marche-du-photovoltaique-applique-au-batiment-jusquen-2030/

 

https://androidfun.fr/analyse-de-la-concurrence-et-des-opportunites-du-marche-des-mineurs-de-forage-du-marche-des-mineurs-de-forage/

 

https://prophecymarketinsights.blogspot.com/2022/03/global-regenerative-medicine-market-is.html

 

 

 

To know more

Contact Us:

Sales

Prophecy Market Insights

 1 860 531 2701

Email- [email protected]m


collect
0
avatar
google
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more