Regenerative Medicine Market to value US$6.5 billion by 2019: Transparency Market Research

ALBANY, N.Y.--()--Regenerative Medicine Market is driven by several technological advancements in stem cell therapy and tissue engineering therapy. Such growth factors are expected to push the market from a value of US$2.6 billion in 2012 to US$6.5 billion by 2019. Overall, the market is expected to grow at a CAGR of 12.8% from 2013 to 2019.

Report: http://www.transparencymarketresearch.com/regenerative-medicines-market.html

Regenerative medicine is an emerging field of medical science and has wide areas of application such as musculoskeletal diseases, cardiovascular, neurology, orthopedic, and disorders. Besides technological advancements in the global regenerative medicine market, the growing prevalence of bone and joint disorders has also increased demand from the regenerative medicine market rapidly across the globe. This factor has substantially propelled the global regenerative medicine (bone and joint) market.

Based on technology, the global market for regenerative medicine is segmented as stem cell therapy, biomaterials, and tissue engineering. The report states that in 2012, due to the favorable reimbursement policies and strong demand for biomaterials, the biomaterials segment took up the largest share of the global regenerative medicine (bone and joint) market. However, according to the studies, high cost associated with biomaterials will be a major factor expected to restrict the global regenerative medicine market over the forecast period.

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Moreover, the study report enlists some of the major market players in the global regenerative medicine (bone and joint) market. These include Medtronic, Inc. (INFUSE Bone Graft), Zimmer Holdings, Inc., Orthofix, Inc. (Trinity Evolution), DePuy Synthes, Inc., and NuVasive, Inc. (Osteocel Plus). Many of the companies operating in the regenerative medicine market focus on investing in the emerging economies in Asia Pacific, such as Japan, China, India, and South Korea. These countries represent a huge potential for various bone and joint reconstructive products because of the increasing patient pool suffering from various disorders and rising healthcare expenditure.

About TMR

Transparency Market Research (TMR) is a U.S. based market Intelligence Company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research
Mr. Nachiket Ghumare, +1-518-618-1030
USA-Canada Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/

Release Summary

Regenerative Medicine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Contacts

Transparency Market Research
Mr. Nachiket Ghumare, +1-518-618-1030
USA-Canada Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/