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RSSDallas, Texas (PRWEB) December 18, 2014
The rise in prevalence of degenerative diseases is one of the main factors which is driving the growth of the global regenerative medicine market. Regenerative medicine is involved in the process of replacing or regenerating human tissues, cells and/or organs for normal functioning of the body. Small molecules and biologics, gene therapy, and cell therapy are the three main technologies which are used in regenerative medicine. The global market is expected to grow at a compound annual growth rate of 20.16% during the period from 2014 to 2019. Increase in demand for regenerative products and an increase in research and development are also fueling the growth in the global regenerative medicine market.
Key players in the global market for regenerative medicine are Medtronic, Baxter International, Stryker, and Kinetic Concepts. Other important vendors in the market include Aastrom Biosciences, Acologix, Advanced Cell Technology, Arteriocyte, Athersys, Avita Medical, Bacterin International, Bellicum Pharmaceuticals, Bioactive Regenerative Therapeutics, BioCardia, BioLife Solutions, CryoLife, Cynata Therapeutics, Cytomedix, Cytori Therapeutics, Fibrocell Science, Forticell Bioscience, GE Healthcare, Geron, Histogenics, Humacyte, Integra Life Sciences, InVivo Therapeutics, Kensey Nash, MaxCyte, Mesoblast, Nanofiber Solutions CTO, NeoStem, Neuralstem, Olympus Terumo Biomaterials, Opexa Therapeutics, Organogenesis, Osiris Therapeutics, Osteotech, Pluristem Therapeutics, ReNeuron Group, RTI Biologics, SanBio, StemCells, Tengion, Thermo Fischer Scientific, Tissue Genesis, and ViaCyte. Companies are increasing their investment in R&D for regenerative products as well as developing innovative therapies. Although the global regenerative medicine market is highly fragmented, an increase in the number of mergers and acquisitions is an emerging trend in the market. One of the biggest challenges in the market is a stringent regulatory approval process.
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The global regenerative medicine market can be segmented according to application, technology and geographical regions. On the basis of application, the market can be segmented into orthopedic tendon and ligament, chronic and acute wounds, plastic and reconstructive surgery, cardiology, breast reconstruction, osteoarthritis, general surgery, trauma, hernia repair, burns, urology, and urogyneocology. By technology, the market can be segmented into small molecules and biologics, cell therapy, and gene therapy. An increase in the prevalence of diseases like Parkinson’s, diabetes, Alzheimer’s and cancer has also resulted in considerable investments in research and development of regenerative products.
The report Global Regenerative Medicine Market 2015-2019 is an in-depth and professional report, that covers market overview, market size and forecast, product offerings, growth prospects, drivers and their impact, key trends, opportunities, challenges, threats, key vendors, and strengths and weaknesses of key vendors.
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