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Cell Regeneration Medicine Market Poised for 14.4 % Growth, Set to Hit $82.68 Billion by 2029
Cell Regeneration Medicine Market
The increasing trend of organ transplantation is predicted to accelerate the progress of the cell regeneration medicine market. Organ transplantation is a surgical process wherein an organ from one individual is transferred to another recipient's body to replace a malfunctioning or absent organ. Its rising popularity can be attributed to its potential for extending life expectancy and bypassing medical treatments like dialysis. By concentrating on repairing and rebuilding damaged tissues or organs, cell regenerative medicine can potentially revolutionize organ transplantation. For instance, the United Network for Organ Sharing, a US-based scientific and educational body, reported approximately 42,887 organ transplants carried out in the United States in 2022, indicating a growth of 3.7% in comparison to 2021. Hence, the growing acceptance of organ transplants is anticipated to boost the cell regeneration medicine market. The anticipated surge in the cell regeneration medicine market can be linked to the increasing instances of chronic conditions. Referring to a persistent type of illness that lingers for three months or more and may progressively worsen over time, chronic diseases present a range of possibilities for cell regeneration medicine. It provides innovative ways to rejuvenate and mend damaged tissues and organs, opening up new pathways for research and treatments that might drastically alter the chronic disease management and treatment strategies. For example, the Australian Institute of Health and Welfare, a government agency based in Australia, noted that the age-standardized death rate due to chronic diseases was 448 per 100,000 population, slightly increased to 459 per 100,000 in 2021, and then escalated further to 490 per 100,000 in 2022. Consequently, the increasing instances of chronic diseases are propelling the growth of the cell regeneration medicine market.
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What Is the projected market size and growth rate for the cell regeneration medicine market?
In recent times, the market for cell regeneration medicine has seen a fast-paced growth. The market size is anticipated to expand from $41.83 billion in 2024 to reach $48.25 billion in 2025, representing a compound annual growth rate (CAGR) of 15.4%. The outstanding growth seen in the historical period is the result of an aging population, the rise in chronic diseases, an increase in government and corporate funding, and rising demand for functional regenerative medicine products.
In the forthcoming years, the market size for cell regeneration medicine is anticipated to experience swift expansion. By 2029, it is forecasted to inflate to $82.68 billion, growing at a compound annual growth rate (CAGR) of 14.4%. The factors contributing to this growth during the forecast period include a rise in the horeca sector's demand for regenerative medicine products, a scarcity of organs available for transplant, an increase in research and development activities, and a growing demand for gene therapies. Critical trends predicted during this period include advancements in therapeutic methods, expansion of clinical trials, progress in tissue engineering and 3D bioprinting, the rise of exosome-based therapies, and personalized medicine.
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What are the emerging trends shaping the future of the cell regeneration medicine market?
Key players in the cell regeneration medicine market are prioritizing the creation of medical-grade bioink to maintain their competitive positioning. Essentially, medical-grade bioink is a specially crafted ink used in bioprinting that meets rigorous regulatory standards for safety and biocompatibility, rendering it ideal for roles in tissue engineering, regenerative medicine, and the production of biological structures for medical purposes. For example, in October 2023, CELLINK, a corporation based in Sweden with expertise in cell regeneration medicine products and technology, introduced CELLINK Vivoink. This is the initial medical-grade bioink specifically designed for clinical usage in tissue engineering and regenerative medicine, offering enhanced printability, mechanical stability, and cell viability.
What major market segments define the scope and growth of the cell regeneration medicine market?
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
Subsegments:
1) By Therapeutics: Stem Cell Therapies, Gene Therapies, Tissue Engineering Products
2) By Tools: Cell Culture Equipment, Bioreactors, Imaging Systems
3) By Banks: Stem Cell Banks, Tissue Banks, Cord Blood Banks
4) By Services: Cell Processing Services, Research And Development Services, Clinical Trial Services
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Which region dominates the cell regeneration medicine market?
North America was the largest region in the cell regeneration medicine market in 2024. The regions covered in cell regeneration medicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the cell regeneration medicine industry growth?
Major companies operating 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.
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What Is Covered In The Cell Regeneration Medicine Global Market Report?
• Market Size Forecast: Examine the cell regeneration medicine market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cell regeneration medicine market for a structured understanding.
• Key Players Overview: Analyze major players in the cell regeneration medicine market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cell regeneration medicine market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cell regeneration medicine market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cell regeneration medicine market.
• Industry Challenges: Identify potential risks and obstacles affecting the cell regeneration medicine market.
• Competitive Landscape: Review strategic developments in the cell regeneration medicine market, including expansions, agreements, and new product launches.
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