Press release
Regenerative Medicine Market Developments, Competitive Analysis, Forecasts 2030 - J & J (DePuy Synthes), Medtronic, Zimmer Biomet, Stryker, Allergan(Acelity)
The research on Regenerative Medicine Market Perspective, Comprehensive Analysis, and Major Segments and Forecast, 2023-2030. The Regenerative Medicine market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). The report explores the current outlook in global and key regions from the perspective of players, countries, product types, and end industries. This study provides comprehensive data that enhances this report's understanding, scope, and application. The report also conducted a PESTEL analysis of the industry to study the industry's main influencing factors and entry barriers.The global Regenerative Medicine market size was valued at USD 34340 million in 2022 and is forecast to a readjusted size of USD 111830 million by 2029 with a CAGR of 18.4% during review period.
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Market Overview:
Regenerative medicine is a new discipline that aims to utilize cells, tissues, and genetic material to repair, replace, or regenerate damaged organs or tissues. It can treat and possibly even cure cancer, Parkinson's disease, Alzheimer's disease, diabetes, renal disease, and heart disease, as well as other diseases that are difficult to treat, last a long time, or are incurable. The Alliance for Regenerative Medicine (ARM) 2021 report indicates that global funding for this market increased from USD 19.9 billion in 2020 to USD 22.7 billion in 2021. This will assist in funding the research for 2,406 products. This expansion is attributable to technological advancements in the field of gene therapy, such as the 2021 introduction of the first in-vivo CRISPR therapy.
In addition, the prevalence of chronic genetic diseases is on the rise, and both developed and developing nations are spending more on health care. In July 2022, for instance, the National Heart, Lung, and Blood Institute (NHLBI) awarded USD 557,000 to Washington University in order to investigate how well a newly engineered TRIM72 (ETRIM72) protein can restore blood vessels and skeletal muscles in diabetic mice with critical limb ischemia. (CLI).
Some of the key players profiled in the study are:
J & J (DePuy Synthes), Medtronic, Zimmer Biomet, Stryker, Allergan(Acelity), MiMedx Group, Organogenesis, Fujifilm Cellular Dynamics, Osiris Therapeutics, Vcanbio, CCBC, Cytori, Celgene, Vericel Corporation, Guanhao Biotech, Mesoblast, AMAG Pharmaceuticals (CBR), ViaCord, CordLife, Integra LifeSciences, Nuvasive, Cook Biotech, Japan Tissue Engineering, and Others.
Industry News:
In June 2022: Bristol Myers Squibb Company receives US FDA approval for its CAR T cell therapy Breyanzi. For patients with primary refractory or relapsed large B-cell lymphoma (LBCL) who are not eligible for transplant.
In June 2022: Avista Therapeutics has partnered with F. Hoffmann La Roche Ltd to develop a new AAV gene therapy vector for eye diseases.
In April 2022: Kite, a Gilead Company, has received US FDA approval for Yescarta CAR T-cell therapy to treat adult patients with large B-cell lymphoma.
Market Segmentation & Scope
The Most important types of Regenerative Medicine Markets covered in this report are:
Cell Therapy
Tissue Engineering
Biomaterial
Other
The Most important Applications of the Regenerative Medicine Market covered in this report are:
Dermatology
Cardiovascular
CNS
Orthopedic
Others
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Regional Insights
The North American market was predicted to be worth USD 10.50 billion in 2021, and it is expected to stay the biggest market over the next five years. New technologies, the quick spread of cell and gene therapy, and the approval of new goods have all led to growth in this area. For example, in May 2022, the FDA gave the Regenerative Medicine Advanced Therapy (RMAT) label to obecabatagene autoleucel (obe-cel), a CAR T-cell therapy made by Autolus Therapeutics to treat R/R B-acute lymphocytic leukemia that is in a clinical trial.
Due to new government rules and plans for paying for these therapies, Europe is projected to have the second highest income. In Europe, where there are many research institutes and the government is giving them more money, the market is also likely to grow.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of the Regenerative Medicine Market in these regions, from 2023 to 2030 (forecast), covering
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
Main Objective of the Report
An increased focus on customer satisfaction and experience surveys will be beneficial for users to opt for market research services. As competition grows, businesses are compelled to come up with innovative tactics to keep and draw in clients. To provide high-quality products or services, many organizations continuously solicit customer input to attain this goal. Market research services for the Regenerative Medicine market are expected to rise between 2023 and 2030 as a result of firms placing a greater emphasis on consumer satisfaction with their products and services.
Impact of the Regenerative Medicine market report:
-Comprehensive assessment of all opportunities and risks in the Regenerative Medicine market.
-Regenerative Medicine market recent innovations and major events.
-Detailed study of business strategies for growth of the Regenerative Medicine market-leading players.
-Conclusive study about the growth plot of the Regenerative Medicine market for forthcoming years.
-In-depth understanding of the Regenerative Medicine market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Regenerative Medicine market.
Strategic Points Covered in Table of Content of Regenerative Medicine Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Regenerative Medicine market (2023-2030)
Chapter 2: Exclusive Summary - the basic information of the Global Regenerative Medicine Market
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Regenerative Medicine; Post COVID Analysis
Chapter 4: Presenting the Global Regenerative Medicine Market Factor Analysis, Post COVID Impact Analysis, Porter's Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, and Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End-User, and Region/Country 2017-2023
Chapter 6: Evaluating the leading manufacturers of the Global Regenerative Medicine Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/companies with revenue share and sales by key countries in these various regions (2023-2030)
… To be continued
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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