Market Research Report
United States Regenerative Medicine Market By Type, By Material, By Application, By Region, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||934723|
|Published||Content info||73 Pages
Delivery time: Inquiry
|United States Regenerative Medicine Market By Type, By Material, By Application, By Region, Forecast & Opportunities, 2025|
|Published: May 1, 2020||Content info: 73 Pages||
United States regenerative medicine market is expected to witness robust CAGR until 2025. The United States regenerative medicine market is driven by the growing popularity of stem cell-based therapies. Additionally, the use of regenerative medicines for treating chronic diseases, acute insults and maladies is further propelling the market in the country.
The United States regenerative medicine market is segmented based on type, material, application, company and region. Based on type, the market can be categorized into cell-based immunotherapy & cell therapy products, gene therapy products, tissue-engineered products and others. The cell-based immunotherapy & cell therapy products segment is expected to dominate the market during forecast years on account of the growing demand for cell-based immunotherapies and establishment of cures act by FDA to streamline the regenerative medicine market. The segment has the most promising future on account of its capability to restore the lost function of tissues and organs. Based on application, the market can be fragmented into musculoskeletal disorders, wound care, oncology, ocular disorders, diabetes, dermatology and others. The dermatology application segment is expected to hold a significant market share during the forecast years. This can be attributed to the presence of easy grafting techniques for dermatological wounds and diseases.
Major players operating in the United States regenerative medicine market include Kite Pharma (Gilead Sciences), Novartis, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, SanBio, Inc., Hitachi Chemical Advanced Therapeutics Solutions, LLC, Integra LifeSciences, Osiris Therapeutics, Inc., Pfizer Inc, Baxter International Inc., GlaxoSmithKline plc., Bayer Corporation and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments. For instance, in 2017, Integra LifeSciences launched a new product, "Thin"- Integra dermal regeneration template single layer for dermal repair defects reconstruction in a single step procedure. Also, in 2018, SanBio Group signed an agreement with Hitachi Chemical Advanced Therapeutics Solutions, LLC for the development and contract manufacturing of regenerative medicines.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed new product offerings, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of United States regenerative medicine market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, United States regenerative medicine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Cell-based immunotherapy & Cell therapy products
Gene therapy products
Biologically Derived Material
Genetically Engineered Material
Company Profiles: Detailed analysis of the major companies present in United States regenerative medicine market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: