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Cell Regeneration Medicine Market Rising Demand, Evolving Trends, Future Perspectives, Size, Share And Forecast To 2033
Cell Regeneration Medicine Market Scope
As per the report, the cell regeneration medicine market size has grown rapidly in recent years. It will grow from $36.08 billion in 2023 to $41.83 billion in 2024 at a compound annual growth rate (CAGR) of 15.9%. The cell regeneration medicine market size is expected to see rapid growth in the next few years. It will grow to $71.86 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%.
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Rising Organ Transplantation Rates Fuel Growth In The Cell Regeneration Medicine Market
Widespread adoption of organ transplantation is expected to propel the cell regeneration medicine market going forward. Organ transplantation is a medical procedure in which an organ is removed from one body and placed in the body of a recipient to replace a damaged or missing organ. Organ transplantation has become more popular as it helps provide longer lives and helps avoid medical procedures such as dialysis. Cell regenerative medicine offers potential advancements in organ transplantation by focusing on repairing and regenerating damaged tissues or organs. For instance, in January 2023, according to the United Network for Organ Sharing, a US-headquartered scientific and educational organization, around 42,887 organ transplants were performed in the United States in 2022, an increase of 3.7% compared to 2021. Therefore, the widespread adoption of organ transplants will drive the cell regeneration medicine market.
Companies Embrace Innovative Manufacturing Techniques To Gain A Competitive Advantage In Cell Regeneration Medicine
Major companies operating in the cell regeneration medicine market are increasing their focus on developing innovative manufacturing techniques to gain a competitive edge in the market. Innovative manufacturing techniques refer to advanced and creative methods, processes, or technologies used in the production of goods and products. For instance, in June 2021, RegenMed Development Organization (ReMDO), a US-based non-profit foundation, and Wake Forest Institute for Regenerative Medicine (WFIRM) launched RegeneratOR Test Bed, a pioneer in regenerative medicine that aims to accelerate the translation of science into clinical practice by promoting the scale-up and automation of biomanufacturing.
The cell regeneration medicine market covered in this report is segmented -
1) By Product: Therapeutics; Tools; Banks; Services
2) By Therapeutic Category: Dermatology; Musculoskeletal; Immunology And Inflammation; Oncology; Cardiovascular; Ophthalmology; Other Therapeutic Categories
3) By End-User: Hospitals And Clinics; Commercial Industries; Government And Academic Research Institutes
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Major players in the cell regeneration medicine market are Pfizer Inc., Johnson & Johnson, F.Hoffman-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Medtronic PLC, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Amgen Inc., ViaCord LLC, Stryker Corporation, Zimmer Biomet Holdings Inc., Cook Biotech Inc., Integra LifeSciences Holdings Corporation, NuVasive Inc., Organogenesis Holdings Inc., AMAG Pharmaceuticals Inc., Takara Bio Inc., MiMedx Group Inc., Vericel Corporation, Mesoblast Limited, Osiris Therapeutics Inc., Guanhao Biotech Co. Ltd., CordLife Group Limited, FUJIFILM Cellular Dynamics Inc., Cesca Therapeutics Inc., U.S. Stem Cell Inc., Cytori Therapeutics Inc.
Contents of the report:
1. Executive Summary
2. Cell Regeneration Medicine Market Report Structure
3. Cell Regeneration Medicine Market Trends And Strategies
4. Cell Regeneration Medicine Market - Macro Economic Scenario
5. Cell Regeneration Medicine Market Size And Growth
…..
27. Cell Regeneration Medicine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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