DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Regenerative Medicine Market - Forecast to 2021" report to their offering.
The global Regenerative medicine market is expected to reach USD 38.70 Billion by 2021 from USD 13.41 Billion in 2016 at a CAGR of 23.6% from 2016 to 2021.
The major factor driving the growth of regenerative medicine market, are government and private funding to support the development of regenerative medicine, rising prevalence of chronic diseases and genetic disorders, increase in global healthcare expenditure, and rapid growth in the aging population.
The global Regenerative medicine market is segmented based on type, therapy, application, and regions. The cell-based products segment is expected to register to have largest market share in the Regenerative medicine market, by type, during the forecast period. The high growth in this segment is attributed to the increasing awareness about stem cell therapy, growing funding for new stem cell lines, and development of advanced genomic methods.
On the basis of therapy, the cell therapy procedure is expected to account for the largest share of the market in 2016. Increasing funding from several agencies and private organizations for the research and development of cell therapies, growing inclination of the healthcare industry towards stem cell research, and increasing global awareness about the benefits of stem cell therapies will drive the growth of this market.
On the basis of applications, the segments are orthopedic & musculoskeletal disorders, dermatology, cardiology, diabetes, central nervous system diseases, and other applications. Oncology is the fastest growing application market. Increasing cancer incidence, rich product pipeline and increasing demand for cancer treatments fueling the growth of the market.
Companies Mentioned
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Acelity L.P. Inc.
- Cook Biotech Incorporated
- Integra Lifesciences Corporation
- Japan Tissue Engineering Co., Ltd.
- Medtronic Plc
- Nuvasive, Inc.
- Organogenesis Inc.
- Osiris Therapeutics, Inc.
- Stryker Corporation
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Vericel Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Regenerative Medicine Market, By Product
7 Global Regenerative Medicine Market, By Therapy
8 Regenerative Medicine Market, By Application
9 Global Regenerative Medicine Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
For more information about this report visit http://www.researchandmarkets.com/research/jf9pj5/regenerative