Regenerative Medicine Market by Product (Cell Therapy, Gene Therapy, Tissue Engineering, Platelet Rich Plasma), by Application (Orthopedics, Wound Care, Oncology, Rare Diseases, Others), by End User (Hospitals, Clinics, Others), by North America (U.S., Canada) Forecast 2024-2032
The Regenerative Medicine Marketsize was valued at USD 28.62 USD billion in 2023 and is projected to reach USD 162.89 USD billion by 2032, exhibiting a CAGR of 28.2 % during the forecast period.Regenerative medicine is a field the brings guiding of human cells, tissue, or organs to recovery function. It is a key factor in building new damaged organs or tissues in the body by replacing the old tissue or even stimulating the body's natural remedy processes. Regenerative medicine can be used for growing tissues and organs in the lab and, thereafter, injecting them in the part of the body that could no longer heal itself. Researchers believe that possibly one in three people in the United States may need regenerative medicine.Regenerative medicine is a field that combines stem cells and other biological advances such as cell therapies, immunotherapy, and tissue engineering. Stem cell/progenitor cells are the main sources of therapy which involve injecting it into the body for tissues regeneration. Immune-modulating therapy aims to regenerate through the natural action of biologically active molecules secreted by autologous cells or by themselves alone. Tissue engineering entails implantation of surgically made organs and tissues consisting of bones, cartilages, blood vessels, kidneys and skin, among others, that are grown in the laboratory. Regenerative medicine does not only entail accomplishing specific biochemical functions using the cells but also achieving targeted therapy.within an artificially created support system, such as an artificial pancreas or liver.
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Application:
End User:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 28.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 28.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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