REGENERATIVE MEDICINE MARKET ON GROWTH SPURT (Orthopedics This Week)
According to a new market research report published by Transparency Market Research, the regenerative medicine (bone and joint) market was valued at $2.6 billion in 2012 and is estimated to reach a market worth of $6.5 billion by 2019. That is a growth rate of 12.8% from 2013 to 2019.
Regenerative medicine is defined as an emerging field of medical science that aims to regenerate, repair or replace damaged tissue and organs. The U.S. National Institute of Health has stated that regenerative medicine is the process of creating...