Dublin, Sept. 27, 2023 (GLOBE NEWSWIRE) -- The "Global Translational Regenerative Medicine Market by Product Type, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Translational Regenerative Medicine Market is poised for significant growth, with the market estimated to be worth USD 2.71 billion in 2022 and projected to reach USD 6.46 billion by 2030, growing at a CAGR of 11.46% during the forecast period.
Market Overview:
- Historical and Forecast Data: The report covers historical data from 2018 to 2021, with 2022 as the base year, and forecasts market trends and values up to 2030.
- Political and Economic Factors: The report takes into consideration the political and economic uncertainties arising from events such as the Russia-Ukraine Conflict. It examines how these factors may impact demand-supply balances, pricing, and trade in the regenerative medicine market.
- Impact of High Inflation: The report also addresses the impact of high inflation on the global economy and discusses fiscal policies aimed at mitigating its effects on various aspects, including demand, supply, cash flow, and currency exchange.
Market Segmentation:
- Product Types: The market is segmented into Cell-Based Products, Gene Therapy Products, and Tissue Engineered Products. Tissue Engineered Products are expected to witness significant market share growth during the forecast period.
- Application Areas: Segments include Cardiovascular, Dermatology, Diabetes, Neurology, Oncology, and Orthopedics. Oncology is projected to have a substantial market share during the forecast period.
- Geographic Distribution: The Americas currently command the largest market share, followed by Europe, Middle East & Africa.
Market Dynamics:
- Drivers: Factors driving market growth include the increasing incidence of chronic and genetic-related diseases worldwide, the growing demand for stem cell therapy (for diseases such as cancer and autism), and the rise in the geriatric population with associated diseases.
- Restraints: The high cost of treatment and operational inefficiencies are potential barriers to market growth.
- Opportunities: Opportunities lie in ongoing research in organ transplantation using regenerative medicine, favorable reimbursement policies, and technological advancements.
- Challenges: Stringent regulations and compliance mandates for approval can pose challenges to market players.
Key Players:
The report identifies key companies in the regenerative medicine market, including:
- Astellas Pharma Inc.
- Athersys, Inc.
- AVITA Medical
- Axogen Corporation
- Gamida Cell Ltd.
- Integra LifeSciences Corporation
- Isto Biologics
- Medtronic PLC
- Mesoblast Ltd.
- MIMEDX, Inc.
- Novartis AG
- Orthofix Medical Inc.
- Parexel International Corporation
- Spark Therapeutics, Inc.
- Vericel Corporation
Competitive Landscape:
The report provides insights into the competitive landscape of the regenerative medicine market, including market share analysis. It helps businesses understand their performance compared to competitors and assess their market position.
This comprehensive report serves as a valuable tool for decision-makers in the regenerative medicine industry. It offers insights into market trends, segmentation, and competitive guidelines, allowing businesses to strategically position themselves for success in this rapidly growing market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $3.01 Billion |
| Forecasted Market Value (USD) by 2030 | $6.46 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/gocmbe
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