Stem Cells and Regenerative Medicine

The regenerative medicine mainly uses stem cells to repair, replace, and regenerate tissues and organs affected by damage, disease, or ageing by restoring its normal function. These regenerative medicine market by the application are oncology, orthopaedic and musculoskeletal spine, wound healing, dermatology, neurodegenerative diseases, cardiovascular, and also in diabetes. The pluripotency and reprograming capability of stem cells increase the importance in this field. The global regenerative medicine market was valued at $5,444 million in 2016 and is estimated to reach $39,325 million by 2023, registering a CAGR of 32.2% from 2017 to 2023. The factors driving the growth of the regenerative medicine market include the emergence of stem cell technology, rise in the incidence of degenerative diseases, and very fewer availability of organs for transplantation.

 

  • Embryonic stem cells
  • Tissue-specific Stem Cells
  • Mesenchymal stem cells
  • Induced pluripotent stem cells

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