Regenerative Medicine Market Trends, Growth Analysis and Demand with Leading Participants - MiMedx Group Inc., Merck & Co. Inc., Integra LifeSciences Corporation
Increased incidence of genetic disorders and chronic diseases is projected to drive demand for regenerative medicine during the forecast period.
New York, NY -- (SBWire) -- 04/23/2021 --The global Regenerative Medicine Market is forecasted to reach a market size of USD 23.57 Billion by 2027, and register a significantly rapid revenue growth rate, according to a new report by Reports and Data. The market for regenerative medicine is witnessing increased demand owing to the emergence of stem cell technology, increase in prevalence of chronic diseases, and advancements in surgical technologies. However, stringent regulations and high cost of treatment are factors expected to hamper growth of the market.
Untapped potential of nanotechnology is also contributing to market development. Nanotechnology is a powerful tool in regenerating tissues for recreating the nanoscale features. Nanotechnology is widely employed in the biomedical field to control the proliferation and preservation of stem cells.
Increased investment in research and development of regenerative medicines to combat growing genetic and chronic diseases is also contributing to the market revenue. Public as well as private organizations, are investing majorly in research to bring about new development in the field of regenerative medicine. Various strong pipeline projects by research institutes are expected to propel market growth over the near future.
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Further key findings from the report suggest
The tissue-engineered product segment accounted for the largest revenue share in the regenerative medicine market in 2019. Advancements in tissue-engineering has had a major impact in regenerative medicine due to the development of 3D bioprinting of organs and tissues. High demand for 3D bioprinting of tissues and organs to better understand their mechanism is driving revenue growth of this segment currently.
Regenerative medicine has become an important treatment for musculoskeletal disorders. Regenerative medicine is used in multiple injections of prolotherapy, mesenchymal stem cells, and platelet-rich plasma to treat musculoskeletal disorders. The common occurrence of such disorders is fueling growth of this market.
North America accounted for largest revenue share as compared to other regions in the global regenerative medicine market in 2019. Growing stem cell banking and adoption of stem cell therapy in countries in the region is driving growth of the regenerative medicine market.
Key participants include MiMedx Group Inc., Merck & Co. Inc., Integra LifeSciences Corporation, Pfizer Inc., F. Hoffmann-La Roche Ltd., AstraZeneca, Smith & Nephew Plc, Stryker Corporation, Amgen, Inc., and 3M Group, among others.
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For the purpose of this report, Reports and Data has segmented the global regenerative medicine market on the basis of product, application, material, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Tissue-Engineered Products
Cell Therapies
Autologous Therapies
Allogeneic Therapies
Gene Therapies
Progenitor & Stem Cell Therapies
Application Outlook (Revenue, USD Billion; 2017-2027)
Musculoskeletal Disorders
Oncology
Wound Care
Dental
Ocular Disorders
Others
Material Outlook (Revenue, USD Billion; 2017-2027)
Synthetic Material
Biologically Derived Material
Genetically Engineered Material
Pharmaceuticals
Regional Outlook (Revenue in USD Billion; 2017–2027)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
TOC -
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Regenerative Medicine Market Segmentation & Impact Analysis
4.1. Regenerative Medicine Market Material Segmentation Analysis
4.2. Industrial Outlook
……………..
Chapter 9. Competitive Landscape
9.1. Market Revenue Share By Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape
Chapter 10. Company Profiles
10.1. MiMedx Group, Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Merck & Co., Inc.
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. Integra LifeSciences Corporation
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. Pfizer Inc.
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. F. Hoffmann-La Roche Ltd.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
Continued……….
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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter's Five Forces analysis to offer a better understanding of the Regenerative Medicine market and its competitive landscape.
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