The Global Regenerative Medicine Market is likely to expand considerably in the coming years due to growing applications in the treatment of chronic diseases. According to a report published by Fortune Business Insights, titled “Regenerative Medicine: Global Regenerative Medicine Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 23,841.5 Mn in 2018.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/regenerative-medicine-market-100970
Recent developments in treatment of acute and chronic diseases can be attributed to advances in regenerative medicines. Regenerative medicine mainly focus on identifying the root cause of the disease and aims at locating, repairing, and regenerating the non-functioning body cells. As most of the chronic and acute diseases are inclined towards the elderly and geriatric population, the growing geriatric population serves growth of the global regenerative medicine market in the coming years. The ability of regenerative medicine to reduce the burden for some of the most severe chronic diseases will create a high demand for the products in the coming years. Furthermore, applications of regenerative medicine in treatment of diabetic ulcers and chemotherapy will favor the growth of the market in the forthcoming years.
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- Cell Therapy
- Gene Therapy
- Tissue Engineering
- Platelet Rich Plasma
- Wound Care
By Distribution Channel
Integra LifeSciences’ Latest Product Offering Will Favor Market Growth
The advancements in regenerative medicine have fueled their demand across the world. Increasing product launches have contributed to the rising uptake of regenerative medicine across the world. In 2017, Integra LifeSciences announced the launch of Integra Dermal Regeneration Template Single Layer ‘Thin’. The product was aimed at repairing dermal defects in a one-step procedure. The medicine will also aid in reducing hospital stays. Fortune Business Insights has identified Integra’s latest product offering as a major market growth driver. The report includes product launches, similar to Integra’s latest medicine and gauges the impact of these products on the global regenerative medicine market in the coming years.
Fortune Business Insights some of the leading companies that have made significant growth contributions to the global market. Besides this, the report identifies some of the attractive business strategies that have been adopted by renowned companies in the world. Some of the leading companies that are operating in the market are
- Integra LifeSciences Corporation,
- CELGENE CORPORATION,
- American CryoStem Corporation,
- Tissue Regenix,
- Avita Medical,
- Osiris Therapeutics, Inc.,
- Wright Medical Group N.V.,
- Smith & Nephew,
- Integra LifeSciences Corporation
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.
Key questions answered in the Genomics Market report:
What will the market growth rate of Regenerative Medicine market in 2026?
What are the key factors driving the Global Regenerative Medicine market?
What are sales, revenue, and price analysis of top manufacturers of Regenerative Medicine market?
Who are the distributors, traders and dealers of Regenerative Medicine market?
Who are the key vendors in Regenerative Medicine market space?
What are the Regenerative Medicine market opportunities and threats faced by the vendors in the Asia Regenerative Medicine market?
What are sales, revenue, and price analysis by types, application and regions of Regenerative Medicine market?
What are the market opportunities, market risk and market overview of the Regenerative Medicine market?
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