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The global regenerative medicine market attained a value of USD 3.90 Million in 2023 and is expected to grow at a CAGR of 11.70% during the forecast period of 2024-2032 owing to increased investment by companies in R&D.
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Regenerative medicine is a branch of tissue engineering and molecular biology that deals with the method of replacing, regenerating human cells, tissues and organs to restore ordinary function. Regenerative medicine is widely used for bone graft substitutes, osteoarticular diseases, dermatology, cardiovascular, central nervous system, and others.
Market Breakup by Technology
Market Breakup by Application
Market Breakup by Region
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The global regenerative medicine market is being driven by high number of clinical trials, growing impact of economy on regenerative medicine, emerging applications of gene therapy in regenerative medicine, increasing funding of government and private sectors to support the development of regenerative medicine, and technological advances in stem cell, tissue engineering, and nanotechnology. The regenerative medicine market is further driven by rising strategic partnership that helps in accelerating commercialisation of regenerative medicine. Rising prevalence of chronic diseases and genetic disorders, degenerative diseases, and bone and joint diseases are other factors leading to rise in demand for regenerative treatments. The high cost of treatment, and regulatory issues pertaining to stem cells, tissues engineering and regenerative medicine, are factors that might hinder the growth of the industry.
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The report presents a detailed analysis of the following key players in the regenerative medicine market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Region |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Regenerative Medicine Drugs Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global regenerative medicine market attained a value of nearly USD 3.90 Million.
The market is projected to grow at a CAGR of 11.70% between 2024 and 2032.
The major drivers of the industry such as emerging uses of gene therapy, rising prevalence of chronic diseases and genetic disorders, favourable government policies, and increased funding from various organisations are aiding the industry growth.
The key market trends guiding the growth of the industry include technological advancements in the field of stem cell, tissue engineering, and nanotechnology and high number of clinical trials.
The major regional markets are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.
Stem cell therapy, biomaterial, and tissue engineering, among others are the major technologies of industry.
Bone graft substitutes, osteoarticular diseases, dermatology, cardiovascular, and central nervous system, among others are the major applications of regenerative medicine.
The major players in the industry are Novartis AG, Vericel Corporation, Stryker Corporation, Integra Lifesciences Corporation, Mimedx Group Inc., Wright Medical, Others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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