China Veterinary Regenerative Medicine Market Size & Outlook
China veterinary regenerative medicine market, 2018-2030 (US$M)
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China veterinary regenerative medicine market highlights
- The China veterinary regenerative medicine market generated a revenue of USD 5.1 million in 2022 and is expected to reach USD 15.6 million by 2030.
- The China market is expected to grow at a CAGR of 15% from 2023 to 2030.
- In terms of segment, stem cells was the largest revenue generating product in 2022.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary regenerative medicine market data book summary
| Market revenue in 2022 | USD 5.1 million |
| Market revenue in 2030 | USD 15.6 million |
| Growth rate | 15% (CAGR from 2022 to 2030) |
| Largest segment | Stem cells |
| Fastest growing segment | Other Products |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stem cells, Other Products |
| Key market players worldwide | Boehringer Ingelheim, Zoetis Inc Class A, Dechra Pharmaceuticals, Integra Lifesciences Holdings Corp, Ardent Health Services, Vetherapy, VET-STEM INC., Enso Discoveries, Animal Cell Therapies |
Other key industry trends
- In terms of revenue, China accounted for 3.1% of the global veterinary regenerative medicine market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China veterinary regenerative medicine market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 3.3 million by 2030.
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Veterinary Regenerative Medicine Market Scope
Veterinary Regenerative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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China veterinary regenerative medicine market outlook
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 veterinary regenerative medicine market will help companies and investors design strategic landscapes.
Stem cells was the largest segment with a revenue share of 52.94% in 2022. Horizon Databook has segmented the China veterinary regenerative medicine market based on stem cells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Regenerative medicine is a recent, interdisciplinary field of study, and China has rapidly made significant advancements in it, making numerous research discoveries in stem cells, tissue engineering, and active chemicals. The therapeutic potential of stem cell-based therapies in treating a wide range of illnesses and injuries with significant unmet medical needs has boosted market growth in China, where stem cell-based therapies have been actively investigated for decades.
In recent years, clinical trials of stem cell-based therapies have gained popularity in China. Chinese researchers have used pig cells to create pluripotent stem cells, which, like embryonic stem cells, can differentiate into any cell in the body. This was accomplished for the first time using somatic cells (cells other than sperm or egg cells) from any ruminant animal (known as ungulates).
The findings can lead the way for generating pigs resistant to diseases like swine flu, developing models for human genetic diseases, and genetically engineering animals for human organ transplant.
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Target buyers of China veterinary regenerative medicine market databook
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Our clientele includes a mix of veterinary regenerative medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China veterinary regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into China veterinary regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China veterinary regenerative medicine market size, by product, 2018-2030 (US$M)
China Veterinary Regenerative Medicine Market Outlook Share, 2022 & 2030 (US$M)
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