Market revenue in 2023 | USD 399.0 million |
Market revenue in 2030 | USD 1,044.4 million |
Growth rate | 14.7% (CAGR from 2023 to 2030) |
Largest segment | Therapeutics |
Fastest growing segment | Banks |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Therapeutics, Tools, Banks, Services |
Key market players worldwide | AstraZeneca PLC, Roche Holding AG, Integra Lifesciences Holdings Corp, Astellas Pharma Inc, Cook Group, Bayer AG, Pfizer Inc, Merck KGaA, Abbott Laboratories, Vericel Corp, Novartis AG ADR, GlaxoSmithKline |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to regenerative medicine market will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 76.77% in 2023. Horizon Databook has segmented the Australia regenerative medicine market based on therapeutics, tools, banks, services covering the revenue growth of each sub-segment from 2018 to 2030.
The regenerative medicine market in Australia is anticipated to exhibit significant growth due to increasing demand for gene therapies, cell therapies, and regenerative medicine around the country. Players are focusing on the development and expansion of the regenerative medicine market expansion. For instance, in October 2020, seven partners formed a consortium for the regenerative medicine project in the country.
These partners are Cell Therapies Pty Ltd., Medicines Australia, AusBiotech, Biointelect Pty Ltd., Novartis Pharmaceuticals Australia Pty Ltd., Research Strategies Australia, and MTPConnect. Thus, the increasing focus of market players on the regenerative medicine sector in the country is anticipated to boost the market competition.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into Australia regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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