The Regenerative Medicine Market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
Increase in the global healthcare expenditure coupled with rising prevalence of genetic and chronic diseases is expected to fuel the market growth in the coming years. Considerable rise in the number of individuals opting for organ transplant is expected to provide substantial growth opportunity in the regenerative medicine market during the forecast period.
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Regenerative medicine is an interdisciplinary field of medicine that is used for developing methods to grow, repair or replace diseased or damaged cells, tissues, and organs. Regenerative medicine involves the generation and use of therapeutic stem cells, tissue engineering and the production of artificial organs. Major focus in the regenerative medicine fields are cellular therapies, tissue engineering & biomaterials, and medical devices and artificial organs. Along with replacement of damaged organs, regenerative medicine also helps with the regeneration of the organs.
The key players influencing the market are Stryker, Medtronic, Organogenesis Inc., Osiris Therapeutics, Inc., MiMedx, uniQure N.V., Vericel Corporation, COOK BIOTECH, INC., Integra LifeSciences Corporation, and NuVasive, Inc. among others.
North America is expected to hold significant share in the regenerative medicine market, owing to favorable reimbursement and regulatory policies in the United States. The demand for regenerative medicine in Asia Pacific is anticipated to grow at a steady rate during the forecast period, due to increased healthcare expenditure in China and India.
Based on product, the market is segmented as, cell based and acellular. The cell based segment is further categorized as, allogeneic and autologous. On the basis of therapy, the market is classified as, gene therapy, cell therapy, tissue engineering, and other therapies. The regenerative medicine market is segmented based on application such as, oncology, orthopedic & musculoskeletal disorders, cardiology, dermatology, and other applications.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global regenerative medicine market based on product, therapy and application. It also provides market size and forecast till 2025 for overall Regenerative Medicine market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South and Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
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