DUBLIN--(BUSINESS WIRE)--The "Regenerative Medicine Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The regenerative medicine market size to grow at a CAGR of around 34% during the period 2020-2026.
Increased R&D investments by pharmaceutical companies will drive the demand for regenerative medicines. Europe plays a significant role in supporting the development and authorization of these products for several genetic and rare disorders. Increased funding via several venture capitalists and governments, and private institutions contribute significantly to the global regenerative medicine market growth.
The increased prevalence of diseases such as cardiovascular diseases and diabetes can drive cell and gene therapy and tissue-engineered products. With the rise in thermal burns, occupational burn accidents, and chronic wounds, regenerative medicine products will experience steady growth. Novartis and Gilead Sciences are the key companies offering various therapies to treat cancer, genetic, and rare disorders.
The report considers the present scenario of the regenerative medicine market and its market dynamics for 2019-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
REGENERATIVE MEDICINE MARKET SEGMENTATION
The regenerative medicine market research report includes a detailed segmentation by application, products, end-users, geography. Oncology constitutes the largest portion of the global regenerative medicine market share. The development of curative therapies by CAR-T and cell and gene therapies is widely popularized in the oncology therapeutic area. The increasing global prevalence rates and the increasing rates of different types of life-threatening cancers are the most important key factors that drive the oncology segment.
Consistent innovations in gene therapies due to the increased number of clinical trials and pipeline products are driving the growth prospects. Hence, the increased inflow of funding for the development of gene therapy is one of the driving factors for the sector growth. Cell therapy is the major revenue contributor. The increasing prevalence of diabetes and foot ulcers is the primary factor contributing to the growth of tissue-engineered products. The tissue-engineered product segment to grow at a CAGR of 8% by 2026.
Hospitals are likely to remain a dominant revenue contributor to the global regenerative medicine market. Around 50% of therapeutic surgeries performed in the US annually, including cardiovascular and musculoskeletal, occur in hospitals. Cancer care centers are likely to witness an incremental growth of approx. USD 10 billion by 2026.
As cancer is the second leading cause of death across the globe, which is responsible for approx. 10 million deaths annually, the scope of cancer centers is growing. Key vendors are focusing more on cancer care centers than hospitals to promote their products. As the cancer centers are being covered under reimbursement schemes, the growth of these facilities is likely to increase during the forecast period.
KEY QUESTIONS ANSWERED:
1. How big is the regenerative medicine market?
2. What are the critical applications of regenerative medicine products?
3. Who are the key players in the regenerative medicine market?
4. Which segment accounted for the largest regenerative medicine market share?
5. Which region holds the largest share in the global regenerative medicine market?
6. How has the COVID-19 pandemic affected the regenerative medicine industry?
Key Vendors
- Novartis
- Gilead Sciences
- Amgen
- Organogenesis
- Bristol Myers Squibb
- Vericle
- Osiris Therapeutics
Other Prominent Vendors
- Anges
- Orchard Therapeutics
- Orthofix
- Integra Life Science
- MiMedx
- bluebird bio
- Mesoblast
- Avita Medical
- Takeda Pharmaceuticals
- Medipost
- TissueTech
- Misonix
- J-TEC
- Stempeutics
- CO.DON
- GC Pharma
- Orthocell
- Tego Science
- Nipro
- S-BIOMEDIC
- APAC Biotech
- Bio Solution
- Chiesi Farmaceutici
- Collplant
- Corestem
- Human Stem Cell Institute
- JCR Pharmaceuticals
- JW CreaGene
- Nuvasive
- Sibiono GeneTech
- Shanghai Sunway Biotech
- Terumo
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
5 Report Assumptions & Caveats
6 Market at a Glance
7 Introduction
8 Market Opportunities & Trends
8.1 Latest Advances In Tissue-Engineering Therapies
8.2 Robust Product Pipeline Of Regenerative Medicine Companies
8.3 Strategic Acquisitions By Regenerative Medicine Companies
9 Market Growth Enablers
9.1 Increase In Acute, Chronic, & Genetic Disorders
9.2 Increasing Demand For Car T-Cell Therapies
9.3 Faster Regulatory Approvals & Special Designations Of Rm Products
10 Market Restraints
10.1 Manufacturing, Operational, & Ethical Challenges
10.2 High Cost of Regenerative Therapies
10.3 Outbreak of The COVID-19 Pandemic
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
12 Application
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Dermatology
12.4 Musculoskeletal
12.5 Oncology
12.6 Genetic Disorders
13 Product
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Gene Therapy
13.4 Cell Therapy
13.5 Tissue-Engineering
14 End-Users
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Hospitals
14.4 Cancer Care Centers
14.5 Wound Care Centers
14.6 Ambulatory Surgical Centers
For more information about this report visit https://www.researchandmarkets.com/r/cfc68n
