Regenerative Medicine : Market, Size, Key Players, Market Dynamics, Regional Study and Forecast By 2023-2031

The global Regenerative Medicine market is anticipated to exceed USD 183.06 billion by 2031, with a compound annual growth rate (CAGR) of 15.02% over the forecast period.

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Regenerative therapies have been proven to have the ability to modify the underlying pathological processes in a distinctive manner in the past year. Trial-stage regenerative medicines provide promising treatments for specific chronic diseases that have unmet medical requirements. In December 2021, Novartis disclosed the introduction of T-ChargeTM, a next-generation CAR-T platform that would be employed for advanced investigational CAR-T cell therapies.
In the past year, regenerative therapies have been proven to modify the underlying pathological processes in a distinctive manner. Trial-stage regenerative medicines provide promising treatments for specific chronic diseases with unmet medical requirements. In December 2021, Novartis disclosed the introduction of T-ChargeTM, a next-generation CAR-T platform that would be employed for advanced investigational CAR-T cell therapies.
Significant effects in molecular therapeutics have led to the development of gene-based treatment, which employs targeted DNA delivery as a drug to combat a variety of maladies. Gene therapy has significant potential for treating cancer and type 1 and type 2 diabetes by restoring gene function. Gene-based medications are used to treat various conditions, including cancer, oncology, infectious diseases, cardiovascular disorders, monogenic diseases, genetic disorders, ophthalmological indications, and central nervous system illnesses. These components have facilitated the expansion of the regenerative medicine market.

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List of Prominent Players in the Regenerative Medicine Market

• Astellas Pharma, Inc.
• F. Hoffmann-La Roche Ltd.
• Integra Lifesciences Corp.
• AstraZeneca plc
• Cook Biotech, Inc.
• Bayer AG
• Pfizer, Inc.
• Merck KGaA
• Abbott
• Vericel Corp.
• Novartis AG
• GlaxoSmithKline (GSK)
• Baxter International, Inc.
• Boehringer Ingelheim
• Cesca Therapeutics, Inc.
• Corline Biomedical AB
• U.S. Stem Cell, Inc.
• Bristol-Myers Squibb
• Eli Lilly and Company
• NuVasive, Inc.
• Organogenesis, Inc.
• MiMedx Group, Inc.
• Takara Bio, Inc.
• Osiris Therapeutics, Inc.

Market Dynamics:

Drivers-

The potential to regenerate the entire organ from a few cells has propelled research into adult stem cells, which can proliferate or self-renew indefinitely and develop all the cell types of the organ from which they originate. To generate adult stem cells, it is unnecessary to eliminate any embryo. Furthermore, stem cell research has been extensively investigated and garnered significant attention in the medical field. ExCellThera Inc. and Ossium Health recently announced a partnership to investigate and advance the potential of utilizing adult stem cells from deceased donors from Ossium Health's inaugural bone marrow bank in conjunction with ExCellThera's ECT-001 cell expansion and rejuvenation technology. This collaboration is scheduled to occur in April 2021. It is envisaged that these types of developments will expedite market expansion.
Challenges:

The market for regenerative medicine is anticipated to be impeded by a lack of information and moral considerations regarding the use of embryonic stem cells for research and development. Cell therapy, a critical element of regenerative medicine, significantly influences the market growth rate. One of the primary market inhibitors may be the high cost of investment, which may be followed by issues with assay sensitivity, robustness, and reproducibility; the challenge of culture/propagation; and, lastly, the challenge of handling.

Regional Trends:

North America is anticipated to have the highest revenue share as a result of the rapid advancement of technology, the prevalence of major players, and significant investments in stem cell and oncology research. North America's greatest market is the United States.. In the United States, a growing number of maladies, such as cancer and diabetes, are being treated with a variety of stem cell therapies. In the United States, it is anticipated that congenital cardiac abnormalities will affect at least 40,000 infants annually, as per the Cardiac Disease & Stroke Statistics Fact Sheet 2020.
Recent Developments:

In April 2022, the U.S. Food and Drug Administration (FDA) granted the Regenerative Medicine Advanced Therapy designation to Obecabatagene autoleucel, a CD19-directed autologous chimeric antigen receptor T therapy that is currently being investigated in the ongoing FELIX Phase 2 study of leukaemia. Autolus Therapeutics plc disclosed this information.

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Segmentation of Regenerative Medicine Market

By Product-
• Therapeutics
o Primary cell-based therapeutics
 Musculoskeletal
 Dermatology
 Surgical
 Dental
 Others
o Stem Cell & Progenitor Cell-based therapeutics
 Allogenic
 Autologous
 Others
o Cell-based Immunotherapies
o Gene Therapies
• Services
• Tools
• Banks

By Therapeutic Category-
• Musculoskeletal
• Immunology & Inflammation
• Dermatology
• Ophthalmology
• Oncology
• Cardiovascular
• Others

By Region-

North America-
• Mexico
• The US
• Canada

Europe-
• The UK
• Spain
• Germany
• France
• Italy
• Rest of Europe

Asia-Pacific-
• South Korea
• China
• South East Asia
• Japan
• India
• Rest of Asia Pacific

Latin America-
• Argentina
• Brazil
• Rest of Latin America

Middle East & Africa-
• South Africa
• GCC Countries
• Rest of Middle East and Africa

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