Global Regenerative Medicines Market Outlook, Size, Share and Investment opportunities

According to the report “Regenerative Medicines Market”, published by Market Data Forecast, the global market is projected to reach USD 48.90 billion by 2021, at a CAGR of 23.24% from 2016 to 2021.

For full report refer to http://www.marketdataforecast.com/market-reports/global-regenerative-medicines-market-272/

Regenerative medicines repair, replace or regenerate human cells, tissues, or organs affected due to injury, disease, aging processes, congenital defects, and damage due to trauma. These medicines restore normal functions of cells & tissues. These medicines are available in different types such as genes, somatic cells, stem cells, and other types. Some of these medicines (such as stem cells) have the ability to proliferate, differentiate thereby restore the original structure of cells or tissues or organs. Regenerative medicines are used in varied range of degenerative disorders include cardiovascular, neurodegenerative diseases, dermatology, and orthopedic, among others. Majority of the researchers aim to focus on the development of innovative technologies to provide better regenerative medicines and effective healthcare treatment solutions to patients.

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Global regenerative medicines market is expected to witness growth owing to rising demand for biologically derived materials for regenerative medicine, growing technological advancements (nanotechnology based tissue engineering), and high support from government to promote the tissue engineering for the development of advanced therapies. In addition, growing utilization of regenerative medicines in cancer research & drug discovery, increasing organ transplantations, and rising healthcare expenditure are further stimulating the growth of global regenerative medicines market.

Global market for regenerative medicines is segmented on the basis of product, therapy, and application

1) On the basis of Product
• Cell-Based products
o Autologous Cell-Based Products
o Allogeneic Cell-Based Products
• Acellular Products

2) On the basis of Therapy
• Cell Therapy
• Gene Therapy
• Tissue Engineering
• Immunotherapy

3) On the basis of Application
• Orthopedic & Musculoskeletal Spine
• Dermatology
• Cardiovascular
• Central Nervous System
• Oncology
• Diabetes
• Other Applications

4) On the basis of Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

The key players in global regenerative medicines market such as, Vertex Pharmaceuticals Incorporated (U.S.), Acelity L.P. Inc. (U.S.), Celgene Corporation (U.S.), StemCells, Inc. (U.S.), Organogenesis Inc. (U.S.), NuVasive, Inc. (U.S.), Vericel Corporation (Genzyme) (U.S.), Japan Tissue Engineering Co., Ltd. (Japan), Cytori Therapeutics Inc. (U.S.), Advantagene, Inc. (U.S.), and Mesoblast Ltd. (Australia).

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This release was published on openPR.