(PharmaNewsWire.Com, April 28, 2017 ) Market Data Forecast recently published a report on the Middle-East and Africa Regenerative Medicine Market which estimates the market to grow from $2.03 billion from 2016 to $5.75 billion by 2021 with a CAGR of 23.15% in the forecast period 2016-2021.
Regenerative medicines replace, repair or regenerate human cells, tissues, or organs affected due to injury, aging process, disease, damage due to trauma and congenital defects. These medicines restore normal functions of cells & tissues. They are sold in the market in different types such as stem cells, genes, somatic cells and other type.
These medicines are very powerful, some even restoring the whole tissue and cells structure. These medicines are used against many diseases such as cardiovascular diseases, neurodegenerative disorders, orthopedic and dermatology.
The driving factors for the growth of this market are increasing investment in R&D in order to develop new and better drugs, funding from public and private organizations, rapid development of healthcare companies and increasing number of chronic patients. Also with prevalence of chronic diseases there is a rise in demand of organ transplantation which has created a huge demand for these drugs to compensate lack of donors.
The regenerative medicines are based on different product, application, and therapy. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
The key players in regenerative medicines market such as, Vertex Pharmaceuticals Incorporated (U.S.), Acelity L.P. Inc. (U.S.), Celgene Corporation (U.S.), StemCells, Inc. (U.S.), Organogenesis Inc. (U.S.), NuVasive, Inc. (U.S.), Vericel Corporation (Genzyme) (U.S.), Japan Tissue Engineering Co., Ltd. (Japan), Cytori Therapeutics Inc. (U.S.), Advantagene, Inc. (U.S.), and Mesoblast Ltd. (Australia).
Scope of the Middle-East and Africa Regenerative Medicine Market:
Regional and country-level analysis that provides an innate perspective of Middle-East and African regional Markets. To detect major focus areas of industrial growth Segment-level analysis on basis of type, products, application and end-user along with market size forecasts and y-o-y estimations are provided Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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