- Players in the regenerative medicine market are
increasing their focus on the launch of highly efficient products
and prevent complications in patients
- Enterprises are growing efforts to spread awareness among
patients on the advantages and risks associated with regenerative
medicines in order to improve clinical outcomes and assist them in
making informed treatment decisions
ALBANY, N.Y., Feb. 17, 2022 /PRNewswire/ -- The global
regenerative medicine market is projected to expand at a CAGR of
10.3% during the forecast period of 2021 to 2028, notes a research
report by Transparency Market Research (TMR).
Regenerative medicine is gaining traction in the healthcare
industry, owing to its ability to provide different cell-tissue
therapeutics and associated products, including natural killer (NK)
cell therapy, stem cell therapy, exosomes, tissue products, and
Chimeric antigen receptor (CAR) T cell therapy.
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Players operating in the global regenerative medicine market are
spreading awareness among patient pool about different advantages
as well as disadvantages of regenerative medicines. These efforts
are helping enterprises in improving the clinical outcomes. At the
same time, such initiatives are allowing patients to make informed
decisions about their treatments, notes a TMR study on the global
The concept of regenerative medicines is comparatively new.
Hence, enterprises operating in the global regenerative medicine
market are increasing their cash in-flow toward advertising and
marketing activities. For instance, several companies are
developing standees that can be placed in hospitals in order to
boost the visibility of their products, thereby increasing
awareness on regenerative medicines. On the back of such efforts,
the global regenerative medicine market is estimated to gain a
valuation of US$ 12.9 Bn by 2028,
highlight analysts at TMR.
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Medicine Market –
Regenerative Medicine Market: Key Findings
- Companies operating in the global regenerative medicine market
are increasing investments in R&D activities that are focused
on the development of highly effective products with the ability to
prevent different complications in patients. These efforts are
helping companies in maintaining their prominent position in the
market for regenerative medicine.
- Generally, older population is at higher risk of internal and
external injuries, including joint and bone injuries. Hence,
companies operating in the global regenerative medicine market are
expected to gain sizable business prospects with increase in the
older population globally.
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Regenerative Medicine Market: Growth Boosters
- Increase in cases of genetic disorders, cancer, and chronic
diseases across the globe is resulting in promising business
prospects in the regenerative medicine market
- Technological advancements in the stem cell-based therapy are
projected to help in the expansion of the global regenerative
medicine market in the years ahead
Regenerative Medicine Market: Regional Analysis
- The North America regenerative
medicine market is estimated to maintain its dominant position
during the forecast period, owing to rise in R&D activities
performed in the U.S. Moreover, the regional market is being driven
by a surge in investments by governments as well as private players
operating in North America. In
addition, increase in the number of older population, which is more
prone to different joint and bone issues, is leading to
revenue-generating opportunities in the North America regenerative medicine
- The regenerative medicine market is prognosticated to gain
lucrative prospects in Asia
Pacific, owing to the presence of sizable patient pool,
improving healthcare infrastructure, and increasing understanding
on regenerative medicines. Furthermore, the Asia Pacific market is anticipated to observe
significant sales growth due to improved spending on healthcare by
regional population, according to TMR study.
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Regenerative Medicine Market: Key Players
Some of the key players profiled in the report are:
- Anika Therapeutics, Inc.
- Smith & Nephew plc
- Baxter International, Inc.
- DePuy Synthes, Inc.
- Medtronic, Inc.
- Stryker Corporation
- Zimmer Holdings, Inc.
- CONMED Corporation
- Arthrex, Inc.
Regenerative Medicine Market Segmentation
- Stem Cells
- Tissue Engineering
- Bone Graft Substitutes
- Osteoarticular Diseases
- Allogeneic Bones
- Autogenic Bones
- North America
- Asia Pacific
- Latin America
- Middle East &
Modernization of healthcare in terms of both infrastructure
and services have pushed the healthcare industry to new heights,
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