Towards Healthcare

Regenerative Medicine Companies-Corporate Milestones, Value Creation, Deal Structuring, Patent Expansions, Market Trends Analysis

Date: November 2024

Regenerative Medicine Market  Size and Companies

The global regenerative medicine market size is calculated at USD 20.09 billion in 2024 and is expected to be worth USD 139.70 billion by 2034, expanding at a CAGR of 21.4% from 2024 to 2034, as a result of the rising demand for cell and gene therapies.

Regenerative Medicine Key Players

  • Medtronic
  • Stryker
  • Zimmer Biomet
  • Pfizer Inc
  • Novartis AG
  • Bristol-Myers Squibb
  • Vertex Pharmaceuticals Incorporated
  • Gamida Cell
  • Ferring B.V.
  • Syngene International Limited

Regenerative Medicine Market Companies

Competitive Landscape

The regenerative medicine market is dynamic, with key players driving innovation and growth. Companies like Medtronic, Thermo Fischer Scientific and Novartis are prominent, focusing on stem cell therapies, tissue engineering, and gene therapies. Startups such as Bluebird Bio and CRISPR Therapeutics contribute to the competitive landscape, emphasizing gene editing advancement. Collaboration between pharmaceutical giants and biotech firms and increasing research initiatives shape the evolving competitive scenario in regenerative medicine.

Latest Announcement by Industry Leaders

Martin Ridderstråle, Senior Vice President and Head of Medical Science at Novo Nordisk Foundation, in an interview, shared that the company is focusing on regenerative medicines, especially cell therapies, due to its increased demand and huge developments in Denmark. In the future, the company will find new opportunities in other areas of regenerative medicine. He also shared that AI will speed up the analysis of large amounts of data and improve manufacturing practices.

Recent Developments in the Regenerative Medicine Market

  • In September 2024, UC Merced received a $5.4 million grant from the California Institute for Regenerative Medicine to support research in vascular models and human stem cells.
  • In June 2024, Minaris Regenerative Medicine GmBH adopted the newest version of Werum PAS-X MES by Korber to convert its production management to digital processes. The digital process will result in faster batch release, and time and cost savings.
  • In May 2024, researchers from the Icahn School of Medicine at Mount Sinai developed a regenerative medicine therapy for treating diabetic wounds. The therapy included tiny fat molecules loaded with genetic instructions to reduce inflammation.

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