I found this research article that shows the amount of money spent by consumers worldwide for Regenerative Cell Medicine, including Stem Cells. It’s interesting to see this chart and understand the reason why this is now a billion dollar market is very simple……IT WORKS.
Physicians are seeing clinical evidence of the safety and effectiveness of these products and procedures and the most important thing is that patient satisfaction is very high. This may be one of the reasons why the Regenerative Medicine field is under scrutiny-IT WORKS and is therefore, taking money out of someone else’s pockets.
Growing Industry
Global Stem Cell Market
2016 = $6.87 Billion
2018 = $10.6 Billion
2021 = $15.63 Billion
Ref: The Statistics Protocol
(Grand View Research)
I hope you found this helpful.
Charles M Popa D.C. Principled Healthcare Solutions 513-887-9400