Market Analysis- 14th Annual Conference on Stem Cell and Regenerative medicine
Market Growth of Stem Cell & Regenerative Medicine Research:
Global Market of Regenerative Medicines anticipated achieving USD 30,237 million by 2022.Current Research says that, Regenerative Medicine has opened several insights in the field of Health and Medicine and approaches to treat and cure complex degenerative, Neurological and genetic, acquired as well as hereditary disorder and to restore the function of tissues and cells in the damaged and missing organs by other therapies. North America takes the lead in global market in 2015 and expected to remain ascendant during 2015-2022. Stem Cell Therapies are also used to treat cancer and different immunodeficiency and Auto immune syndromes. And now Stem Cells are also stands as a new weapon against Neurodegenerative Diseases, cardiovascular Diseases. Eyesight syndromes, wound healing, spinal cord injury, etc.
The worldwide Stem cell & regenerative medicines market is functional with several parameters like product type, application, sources, geography and users. In focused to the product type stem cells market is divided into human embryonic stem cells, adult stem cells, IPsec’s, etc. Whereas, regenerative medicines applied the potential of these stem cells to regenerate, repair & replace tissues or the organ which are affected due to injury, natural aging process, and some diseases.
These novel approaches are able to restore the performance of cells & tissues and applied in broad range of fields starting form Tissue Engineering to cosmetic surgery therefore, now it seeks the central attraction of researchers to focuses on the new technologies like Utilization of Nano-materials in immunomodulation, drug delivery to make the growth in regenerative medicines market and blend it with stem cell culture to open new insights, possibilities which can bring evolution in the field of medicine.
Market Study of Stem Cells & Regenerative Medicine:
Europe: The regenerative medicine & stem cells market is expected to reach USD 13.578 billion by 2022 from USD 5.06 billion in 2016 at a CAGR of 21.80% during the period 2016-2022.
Middle East: The regenerative medicines market is expected $ 40.55 billion revenue in 2022 from $ 17.03 billion revenue in 2016.
USA: The regenerative medicine & stem cell market is assuming to reach $38.70 billion by the year 2022 from $ 13.33 billion in 2016 at a CAGR of 23.56%.