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Regenerative Medicine Market North America Holds largest Growth with Opportunities, Value, Future Prospects and Trends by 2030 | Impacts of COVID-19

11-09-2020 11:33 AM CET | Health & Medicine

Press release from: Market Industry Reports

The global regenerative medicine market was estimated to be over US$ 13 billion in 2019. It is anticipated to grow at a CAGR of 23.2%from 2019 to 2030.

Regenerative medicine is a field of transactional research of molecular biology and tissue engineering. It deals with the procedure engineering, replacing, or regenerating animal or human cells. It also deals in the making, replacing, or changing organs and tissues to restore normal functioning. This field holds huge opportunity for establishing the functions which earlier were declared to be irreparable organs or tissues. Regenerative medicine comprises the probability of growing organs and tissues in laboratory and inserting them when the body is unable to heal. This method is expected to solve the issues organ transplant rejection and shortage of organs o tissues available for donation.

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Some of the prominent players in the global regenerative medicine market include:

Novartis AG,
Integra LifeSciences Corporation,
Vericel Corporation,
MiMedx, Stryker,
Spark Therapeutics, Inc.,
Osiris Therapeutics, Inc.,
Kite Pharma,
Organogenesis Inc. and MEDIPOST among others.

Scope of Report:

The significant growth of the market can be attributed to increasing prevalence of chronic as well as genetic disorders followed by increasing demand of medicines and therapies that can help cure and prevent these disorders. Moreover, increasing private and government investments for research & development of regenerative medicines are anticipated to boost the regenerative medicine market over the forecast period. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on mergers, acquisitions or collaborations with smaller regenerative medicine companies. For instance, in Jan 2020, Amgen announced a strategic collaboration with BeiGene a biopharmaceutical company focused on developing molecularly targeted and immuno-oncology drugs for the treatment of cancer. This strategic collaboration will enable Amgen to expand its oncology presence in China.

In recent years, prevalence and incidences of chronic infectious diseases as well as genetic disorders is increasing. For instance, according to American Cancer Society, in 2019, there were around 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the United States. Such high incidence rates are thus increasing the demand of medicines that can help to prevent or cure such diseases. Such factors are expected to play a pivotal role in fueling the growth of the market during the forecast period.

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Segmentation:

Regenerative Medicine Market By Type:

Cell-Based Immunotherapy & Cell Therapy Products,
Tissue-Engineering Products
Gene Therapy Products

Application:

Musculoskeletal Disorders,
Oncology,
Ocular Disorders,
Wound Care and Diabetes

Regional Analysis:

North America is anticipated to hold largest market share in 2019. This largest share can be attributed to factors such as increasing prevalence of chronic and genetic diseases along with rising private-public investments for the R&D of regenerative medicine in this region. Moreover, the presence of prominent players, with strong product pipeline is expected to drive the growth of the regenerative medicine market.

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Table of Contents

1. INTRODUCTION
1. Market Definition
2. Market Ecosystem
1. Market Classification
2. Geographic Scope
3. Years Considered for the Study
1. Historical Years – 2016 & 2017
2. Base Year – 2018
3. Forecasted Years – 2019 to 2030
3. Currency Used for the Study
4. Report Beneficiary List

2. RESEARCH METHODOLOGY
1. Research Framework
2. Data Collection Technique
3. Data Sources
1. Secondary Sources
2. Primary Sources
4. Market Estimation Methodology
1. Bottoms Up Approach
2. Top Down Approach
5. Data Validation and Triangulation
1. Market Forecasting Model
2. Limitations of the Study
3. Assumptions of the Study

3. ABSTRACT OF THE STUDY

4. MARKET DYNAMICS ASSESMENT
1. Overview
2. Drivers
3. Barriers/Challenges
4. Opportunities

In the end, Regenerative Medicine Market industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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About Market Industry Reports

Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

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