Regenerative Medicine Market: Industry Forecast (2021-2029)

Mayurikathade20 Mar, 2023Business

The Regenerative Medicine Market size was valued at USD 31.50 Bn. in 2021 and the total revenue is expected to grow by 9.8% from 2022 to 2029, reaching nearly USD 66.54 Bn. Regenerative Medicine is the branch of the medicines that develops methods to repair, regrow or replace damaged or diseased cells, tissues or organs. This medicine includes the generation and the use of the therapeutic stem cells, tissue engineering and the production of the artificial organs. Although it encompasses a wide range of applications, it is strongly related to repair or replace parts of tissues (i.e., bone, cartilage, blood vessels, bladder, skin). Frequently, the tissues involved need specific mechanical and structural characteristics to function properly