According to the recent research titled ‘Asia Pacific Regenerative Medicine Market Forecast 2027 By Application, By Type, Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’ available with MarketStudyReport, Asia Pacific regenerative medicine market is predicted to generate over USD 22 billion by 2027.

The key factors influencing the Asia Pacific regenerative medicine market growth are increasing awareness regarding stem cell technology, growing patient volume, and rising number of treatments of arthritis, Parkinson's disease, spinal cord injury, and other conditions.

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The other factors driving the market expansion are rise in the use of self-healing procedures, mounting awareness among higher quality of life after tissue regeneration, increase in the number of traffic accidents and sports injuries, and rising prevalence of health issues such as diabetes and venous wounds.

The Asia Pacific regenerative medicine market is segmented into application spectrum, by type, and regional landscape. The application spectrum of the market is divided into musculoskeletal, oncology, dermatology, cardiovascular, neurology, wound healing, and others. Among these, the wound healing segment is predicted to grow at 20.1% CAGR through the analysis timeline, given the high success rate of such treatments.

Meanwhile, musculoskeletal segment is poised to amass returns worth USD 6.5 billion by the year 2027, owing to high occurrence of such diseases in Asia-Pacific.

By type, the industry is categorized into gene therapy, tissue engineering, and cell therapy.

The regional landscape of Asia Pacific regenerative medicine marketplace consists of countries like India, Japan, China, Indonesia, South Korea, Australia, Taiwan, New Zealand, Singapore, and the Philippines.

According to the report, Japan is expected to develop as a key revenue generator for the market contenders in the ensuing years. Medical research into STEM cell treatment for traumatic brain injury is progressing steadily in Japan. Researchers and experts from all around the country are working to improve the lives of individuals with neurological and brain impairments, thereby favoring the overall market scenario in Japan.

Tego Science, Nipro Corp., Stempeutics Research Pvt., Cha Bio & Diostech Co Ltd., Orthocell Ltd., Smith & Nephew Plc, Japan Tissue Engineering Co., Ltd., Terumo Bct, Baxter International Inc., LeMaitre Vascular, Inc., and Allergan plc are the leading company profiles of Asia Pacific regenerative medicine industry.