DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/k98scv/regenerative) has announced the addition of the "Regenerative Medicine Market in the US 2014-2018" report to their offering.
The Regenerative Medicine market in the US will grow at a CAGR of 19.88% to 2018
The Regenerative Medicine market in the US has witnessed a number of mergers and acquisitions by leading vendors in the past few years. Vendors are focusing on mergers and acquisitions to strengthen their global position and increase their commercial capabilities. For instance, in November 2012, Smith & Nephew acquired Healthpoint Biotherapeutics for US$782 million. Also, in January 2011, NeoStem acquired Progenitor Cell Therapy and in May 2011, Shire acquired Advanced BioHealing for US$750 million. These acquisitions have resulted in a better vendor product portfolio and have a positive impact on the growth of the market.
According to the report, the Regenerative Medicine market in the US is driven by several factors, of which the increasing prevalence of degenerative diseases is one of the major drivers. Regenerative medicine offers the chance to find favorable therapies for chronic diseases. Stem cell therapies are increasingly being applied in various medical conditions as they help in restoring body functions and improving the quality of a patient's life. This increased application of stem cell therapies in various medical conditions is driving the growth of the Regenerative Medicine market in the US.
Further, the report states that one of the main challenges is the stringent regulatory approval process for regenerative products. Market participants need to gain prior approval from regulatory bodies before introducing new products in the market. As a result of this, vendors are unable to introduce new regenerative products in the market.
The Regenerative Medicine market in the US can be divided into 11 segments:
- Orthopedic Tendon and Ligament
- Chronic and Acute Wounds
- Plastic and Reconstructive Surgery
- General Surgery
- Hernia Repair
- Baxter International Inc.
- Johnson and Johnson Ltd.
- Kinetic Concepts Inc.
- Medtronic Inc.
- Stryker Corp.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Application
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/k98scv/regenerative