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Title Regenerative Medicine Market – Growth rate, Latest Trend and Forecast 2027
URL https://www.globenewswire.com/en/news-release/2023/02/24/2615165/0/en/Regenerative-Medicine-Market-is-Expected-to-Reach-40-6-Billion-MarketsandMarkets.html
Category Fitness Health --> Medicine
Meta Keywords Regenerative Medicine Market
Meta Description Regenerative Medicine Industry Size, Regenerative Medicine Market Share, Regenerative Medicine Market Growth
Owner Healthcare101
Regenerative Medicine market in terms of revenue was estimated to be worth $12.2 Billion in 2022 and is poised to reach $40.6 Billion by 2027, growing at a CAGR of 27.2% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. Market growth is driven by the rising prevalence of chronic diseases, genetic disorders, and cancer; rising investments in regenerative medicine research; and the growing pipeline of regenerative medicine products. However, the high cost of cell and gene therapies and ethical concerns related to the use of embryonic stem cells in research and development are expected to restrain the growth of this market during the forecast period.