Harrisburg, NC -- (SBWIRE) -- 10/27/2020 -- Regenerative medicine may be defined as the process of replacing or "regenerating" human cells, tissues or organs to restore or establish normal function. This field holds the promise of regenerating damaged tissues and organs in the body by replacing damaged tissue or by stimulating the body's own repair mechanisms to heal tissues or organs. Regenerative medicine also may enable scientists to grow tissues and organs in the laboratory and safely implant them when the body is unable to heal itself. Current estimates indicate that approximately one in three Americans could potentially benefit from regenerative medicine.
The global regenerative medicine market size was USD 23,841.5 Million in 2018 and is Projected to Reach USD 151,949.5 Million by 2026
Top Companies in the Global Regenerative Medicine Market: Acelity,DePuy Synthes,Medtronic,ZimmerBiomet,Stryker,MiMedx Group,Organogenesis,UniQure,Cellular Dynamics International,Osiris Therapeutics,Vcanbio,Gamida Cell,Golden Meditech,Cytori Therapeutics,Celgene,Vericel Corporation,Guanhao Biotech,Mesoblast,Stemcell Technologes,Bellicum Pharmaceuticals.and Others.
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This report segments the Global Regenerative Medicine Market on the basis of Types are:
Cell Therapy
Tissue Engineering
Biomaterial
On the basis of Application, the Global Regenerative Medicine Market is segmented into:
Dermatology
Cardiovascular
CNS
Orthopedic
Regenerative Medicine Market Outlook:
The oncology segment is likely to augment at the fastest CAGR over 2019-2025 due to the increasing number cancer patients across the globe, and a growing number of clinical trials in oncology indications. Approx. 53% of all current clinical trials are in oncology, such as lymphoma, leukemia, and cancer of breast, colon, brain, pancreas, cervix, bladder, and esophagus, among others.
KEY INDUSTRY DEVELOPMENTS
In 2018, Novartis received EU approval for one-time gene therapy Luxturna, which has been developed to restore vision in people with rare and genetically-associated retinal disease.
In 2018, Novartis received EU approval for its CAR-T cell therapy, Kymriah.
In 2017, Integra LifeSciences launched its product, Integra Dermal Regeneration Template Single Layer "Thin" for dermal repair defects reconstruction in a one-step procedure.
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Important Features that are under Offering and Regenerative Medicine Highlights of the Reports:
– Detailed overview of Market
–This report provides pin-point analysis for changing competitive dynamics.
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Regenerative Medicine Market
– Strategies of Regenerative Medicine players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Finally, Regenerative Medicine Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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MarketInsightsReportsprovides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, Regenerative Medicine trends, and strategic recommendations.