Global Regenerative Medicine
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Regenerative Medicine Industry's Compound Annual Growth Rate will be 15.4% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Regenerative Medicine Market Report 2024.
According to Cognitive Market Research, the global Regenerative Medicine market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Regenerative Medicine Market Sales Revenue 2020 | $ 12.23 Billion |
Global Regenerative Medicine Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 15.4% |
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Market Split by Type |
|
Market Split by Application |
|
Market Split by End-User |
|
Market Split by Conclusion | |
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Regenerative Medicine industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Regenerative Medicine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Regenerative medicine may be defined as the process of replacing or regenerating human cells, tissues, or organs to restore or establish normal function. Significant expansion is being driven by the increased prevalence of chronic illnesses in several markets.
As many people worldwide suffer from these chronic illnesses, there is an increasing demand for innovative treatments and methods to successfully fight these diseases. According to the report by the World Health Organisation, the chronic around 296 million people were living with chronic and 70% of the people were diagnosed with neurological disorders.
Illnesses are still a major global health concern, and there is an increasing need for novel therapies and interventions. This growing need highlights the vital role that many businesses play in creating and offering treatments to deal with the complexity of long-term illnesses. Additionally, Tissue engineering, cellular therapy, medical devices, and artificial organs are all included in the field of regenerative medicine. These techniques are used to either speed up the body's natural healing process or replace irreversibly damaged organs.
The global stem cell market is expected to grow at a compound annual growth rate of 16.8% between 2022 and 2027, The stem cell market was valued at US$297 million in 2022.
(Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC11092897/ ).
According to the article by Science Direct, the lack of available donor organs and organ transplant rejection may be resolved with the use of regenerative medicine. Important therapeutic approaches for regenerative medicine today and in the future include gene therapy, tissue engineering, and cell-based transplantation.
According to the data from the Health Resource and Services Administration, there are around 103,223 men, women, and child are there on the national transplant waiting list.
(Source:https://www.organdonor.gov/learn/organ-donation-statistics).
This was about the overview of the Regenerative Medicine Market.
Technological developments in gene editing, genomics, and cell biology are expected to drive the industry's expansion. Clinical studies are underway for stem cell-based regenerative medicines, which have the potential to repair damaged specialized cells in a variety of life-threatening conditions, including cancer, Alzheimer's, neurodegenerative illnesses, and spinal cord injuries. For instance, human embryonic stem cells, or hESCs, are being used by several research organizations to treat age-related macular degeneration (AMD).
AMD is a disorder that results in the loss and malfunction of retinal pigment epithelium (RPE) cells due to cumulative damage to the choriocapillaris, Bruch's membrane, and RPE. Furthermore, AMD is one of the main reasons why older people lose their vision.
Therefore, it is expected that the increase in stem cell therapies in clinical trials for heart failure, diabetes type 1, and spinal cord injury will have an impact on market growth.
Regenerative medicines are a very interdisciplinary field thanks to technological advances like stem cells, tissue engineering, and nanotechnology. Undifferentiated stem cells possess the ability to repair and/or regenerate into several other cells, including muscle, tendons, ligaments, cartilage, and bones. BlueRock Therapeutics' dopaminergic neuron therapy (DA01), produced from pluripotent stem cells, was approved by the FDA in July 2021 as an advanced treatment for Parkinson's disease. One anticipated expansion of the company's offerings with this approval. (Source:https://www.bluerocktx.com/bluerock-therapeutics-receives-fda-fast-track-designation-for-da01-in-the-treatment-of-advanced-parkinsons-disease/). Hence advancements in cell biology, genomic and gene editing can fuel the market growth.
Significant breakthroughs in the regenerative medicine industry are being driven by the undeniable global effect of genetic abnormalities and chronic diseases. According to the report by the Food and Agriculture Organization, by 2020, 70% of all fatalities worldwide are due to chronic diseases alone, and this percentage is only predicted to increase.
According to WHO estimates, chronic illnesses will account for three out of every four deaths by 2030. Diabetes and heart disease are two of the most common conditions in this group. An astounding 422 million persons are expected to suffer from diabetes. Around 1.5 million deaths are directly attributed to diabetes each year.
(Source:https://www.who.int/health-topics/diabetes). The financial impact of chronic diseases emphasizes the need for novel treatments even more.
According to the report by PMC, by 2030, global spending on chronic illness treatments is expected to surpass $47 trillion.
(Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10830426/). Treatments aimed at these chronic illnesses have driven almost thirty percent of the regenerative medicine market, a sign of the growing demand for novel approaches. As a result, just in 2021, investment in this particular segment increased by 20%. In parallel, there has been an equal urgency regarding the issues presented by hereditary illnesses. In industrialized nations, genetic illnesses and congenital abnormalities cause over 50% of childhood fatalities, account for up to 30% of pediatric hospital admissions, and affect 2%–5% of live births.
(Source:https://www.emro.who.int/emhj-volume-3-1997/volume-3-issue-1/article18.html#:~:text=Genetic%20disorders%20and%20congenital%20abnormalities%20occur%20in%20about%202%25%2D,in%20industrialized%20countries%20%5B1%5D). Diseases such as cystic fibrosis, which affects more than 162,428 people worldwide, are prime examples of the large number of patients who may benefit from regenerative medicines. (Source:https://pubmed.ncbi.nlm.nih.gov/35125294/). Moreover, 1 in 5000 people are thought to benefit from gene therapy designed to address a particular genetic defect. Hence increasing the prevalence of chronic diseases and genetic disorders can help the market grow.
Since stem cells are produced by destroying human embryos, there are several ethical concerns with their use. Even if it can save a human life, it is unethical to destroy a human embryo because it is thought of as a potential life. These worries about using embryonic stem cells to produce stem cell treatment are some of the things impeding the worldwide market's expansion. Furthermore, moral questions based on social, religious, and cultural viewpoints are brought up by the use of stem cells in Middle Eastern nations. The use of embryonic stem cells is controversial since it involves the death of embryos, and opinions on the matter may be influenced by religious beliefs, especially in Islam. Furthermore, some research institutes and small businesses struggle to pay for pricey products because of financial constraints. The usage of modern equipment is limited in emerging economies due to poor healthcare expenditure and inadequate infrastructure. Hence Legal, Ethical, and High cost of regenerative medicines can hamper the market.
Healthcare companies are working to increase treatment options for the pandemic and its variants like Neo CoV and Omicron. The stakeholders in the regenerative medicine market are taking this as an opportunity to grow their R&D capabilities. The stakeholders are also collaborating with experts to increase studies to find the best therapeutic approach for the novel infection. This led to findings about mesenchymal stem cells (MSCs) that help to reduce inflammatory symptoms and protect against cytokine storm which critically contributes to pandemic progression in patients. This was about the impact of the pandemic on the regenerative medicines market.
Technological developments are critical to the tissue engineering market's expansion since they stimulate creativity and broaden the field's application base. The development of advanced tissue-engineered goods with improved functions has been made possible by researchers and engineers through the ongoing advancement of materials science, bioengineering methods, and imaging technology. Orthopedic tissues, bones, and related organs are developed using 3D bio-printing technology. A tiny unit of living cells, biomaterials, and bio-chemicals are positioned with the functional components to create tissue-like three-dimensional structures in 3D bio-printing. A few benefits of 3D bio-printing technology are its precise cell dispersion, scalability, high-resolution cell deposition, and affordability. Hence technological advancements like 3D printing can bring new opportunities to the market
• For instance, according to the report by PMC, the "stereolithography" technique, in which a thin layer of materials was printed using UV light one layer at a time to create a three-dimensional object. Later on, this technique was changed to create 3D-printed cell scaffolds employing biomaterials. The next breakthrough, dubbed "FRESH," was made feasible by the most recent tissue regeneration 3D printing method that uses cellular biology.
(Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9088731/).
• On 6 July 2023, Hitachi, Ltd. announced that it had entered a strategic framework and collaboration with the renowned medical research institution, Brigham and Women’s Hospital (BWH).
• In October 2023, Editas Medicine, Inc. reported that the U.S. Food and Drug Administration (FDA) awarded the Regenerative Medicine Advanced Therapy (RMAT) designation to EDIT-301. This represents an investigational, gene editing medicine specifically designed for addressing severe sickle cell disease (SCD).
We have various report editions of Regenerative Medicine Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Details by competitors are provided by the competitive landscape of the regenerative medicine market. The company's overview, financials, revenue, market potential, R&D investment, new market initiatives, global presence, production sites and facilities, strengths and weaknesses of the company, product launch, clinical trial pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve are all included in the details. The aforementioned data points only pertain to the companies' focus on conducting worldwide market research on regenerative medicine.
Top Companies Market Share in Regenerative Medicine Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America is a leader in regenerative therapy breakthroughs due to its strong healthcare infrastructure and large investments in research and development. Furthermore, reimbursement practices and regulatory frameworks that are supportive of the commercialization and uptake of regeneration treatments contribute to the growth of the market. In addition, the market is expanding due to the rising prevalence of chronic diseases and the aging population, which is creating a growing demand for regenerative therapies to treat degenerative ailments associated with aging.
The market share of regenerative medicine is growing quickly in Asia Pacific due to its vast patient population, growing healthcare spending, and quick economic development. Regenerative therapy acceptance and innovation are being fueled by increased investments in biomedical research and healthcare infrastructure in the region's growing economies, including China, India, and Japan. The APAC region's rising frequency of lifestyle-related illnesses and chronic diseases also increases demand for cutting-edge therapies like regenerative medicine, which propels market expansion.
The current report Scope analyzes Regenerative Medicine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the North America Regenerative Medicine market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the Europe Regenerative Medicine market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the Asia-Pacific Regenerative Medicine market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the South America Regenerative Medicine market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the Middle East and Africa Regenerative Medicine market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Global Regenerative Medicine Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Regenerative Medicine Industry growth. Regenerative Medicine market has been segmented with the help of its Type , Application End-User, and others. Regenerative Medicine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Stem cell dominates the market based on product type. The market prognosis for regenerative medicine states that stem cell therapy uses the special regenerative abilities of stem cells to replace or repair damaged organs and tissues. It provides a wide range of therapeutic applications in fields such as oncology, neurology, orthopedics, and cardiology. Because of its adaptability, it draws research and investment, growing its market share. Patient and physician trust is increased when stem cell therapies are shown to be effective in treating illnesses that were previously thought to be incurable through clinical trials and case studies. The need for regeneration treatments is being driven by the aging of the world population and the rising frequency of degenerative disorders and age-related diseases. This was about the segmentation based on product type.
• For instance, according to the report by The Nature, the successful approval of mesenchymal stem cell (MSC)-based therapies in Europe and cancer immunotherapies in the US has turned the wheel of regenerative medicine into a prominent treatment modality. Since the introduction of the stem cell definition, with its unique properties of self-renewal and differentiation, it has undergone a great deal of basic and clinical research and is now recognized as a potential therapeutic agent.
(Source:https://www.nature.com/articles/s41392-022-01134-4)
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Regenerative Medicine Industry. Request a Free Sample PDF!
Dermatology dominates the market based on the application type. Dermatology, which focuses on the repair and regeneration of skin tissues, is a crucial application of regenerative medicine, according to the industry study of the field. It treats a broad range of dermatological issues, from wound healing and scar reduction to treating skin illnesses and conditions linked to aging. In dermatology, regenerative treatments involve the use of stem cells, growth factors, and tissue engineering techniques to provide patients with novel, minimally invasive ways to achieve healthier, more youthful, and skin free of imperfections. This market segment is expanding as a result of the rising need for aesthetic and cosmetic improvements as well as the need for efficient treatments for a range of skin conditions. These factors will ultimately support the market's overall growth for regenerative medicine. This was about the segmentation based on application type.
• For example, according to the article by BioSpace, biotechnology entrepreneur Dr. Samuel Lynch founded Lynch Regenerative Medicine, Inc. (LRM) in September 2023 to address unmet clinical requirements in the advanced wound care and cosmetic industries. LRM is a new advanced biotherapeutics skincare company and the market exceeds 41 million patients and $100 billion in annual treatment spends.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Based on the Regenerative Medicine Market study mentioned above, it can be inferred that the global market for embedded hypervisors is anticipated to grow rapidly shortly. The market dynamics, segmentations, status and trends, and major players can all be understood and inferred from the research. It offers information on a range of subjects, including market size, current trends, the competitive environment, and the likelihood of future growth. This makes it possible for the reader to comprehend and obtain trustworthy market and industry data.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.hitachi.com/New/cnews/month/2023/07/230706a.html
https://ir.editasmedicine.com/news-releases/news-release-details/editas-medicine-granted-fda-regenerative-medicine-advanced.
Disclaimer:
Type | Stem Cell Therapy, Biomaterial, Tissue Engineering, Others |
Application | Bone Graft Substitutes, Osteoarticular Diseases, Dermatology, Cardiovascular, Central Nervous System, Others |
End-User | Hospitals, Specialty Clinics, Others |
Conclusion | |
List of Competitors | Amgen, Astellas Pharma, Inc., AstraZeneca plc, Bayer AG, Biogen, Bristol Myers Squibb, F. Hoffmann-La Roche Ltd., Integra LifeSciences Corporation, Medtronic plc, Merck KGaA, Novartis International AG, Pfizer, Inc., Smith & Nephew plc, Stryker Corporation, Takeda Pharmaceutical Company Limited |
This chapter will help you gain GLOBAL Market Analysis of Regenerative Medicine. Further deep in this chapter, you will be able to review Global Regenerative Medicine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type . This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-User Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Conclusion Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Regenerative Medicine market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Stem Cell Therapy have a significant impact on Regenerative Medicine market? |
What are the key factors affecting the Stem Cell Therapy and Biomaterial of Regenerative Medicine Market? |
What is the CAGR/Growth Rate of Bone Graft Substitutes during the forecast period? |
By type, which segment accounted for largest share of the global Regenerative Medicine Market? |
Which region is expected to dominate the global Regenerative Medicine Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Regenerative Medicine Market
Request Sample