Market revenue in 2023 | USD 1,556.0 million |
Market revenue in 2030 | USD 5,551.9 million |
Growth rate | 19.9% (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 Germany 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 is expected to witness increasing competition in Germany over the forecast period due to the growing demand for gene and cell therapy in the country. The companies are focusing on the expansion in the market. For instance, in June 2022, BlueRock Therapeutics LP, a subsidiary of Bayer AG, founded a new site for cell therapy innovation in Berlin, Germany.
Thus, increasing cell and gene therapy expansion in the country is expected to propel the market in Germany. The advancements in gene and cell therapy are expected to propel the market competition. Some products have been approved for cell and gene therapy in Germany. For instance, in August 2018, the European Commission approved the CAR T-cell therapy designed by Novartis to be used in Germany. Till October 2019, over 15 hospitals were certified to conduct this therapy.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into Germany regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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