Market Data for Regenerative Medicine, Functional Medicine, and Medical Aesthetics
Regenerative Medicine Market:
The global regenerative medicine market size was valued at $13.3 billion in 2020 and is expected to grow at a CAGR of 11.6% from 2021 to 2028. (Source: Grand View Research, "Regenerative Medicine Market Size Report, 2021-2028")
Functional Medicine Growth:
The global functional medicine market is projected to reach $24.5 billion by 2027, growing at a CAGR of 3.2% from 2020 to 2027. (Source: Allied Market Research, "Functional Medicine Market Outlook - 2027")
Medical Aesthetics Expansion:
The global medical aesthetics market size was valued at $9.4 billion in 2020 and is expected to expand at a CAGR of 10.9% from 2021 to 2028. (Source: Grand View Research, "Medical Aesthetics Market Size Report, 2021-2028")
Patient Interest in Alternative Approaches:
38% of adults in the U.S. use some form of complementary and alternative medicine. (Source: National Center for Complementary and Integrative Health, 2017)
Stem Cell Therapy Market:
The global stem cell therapy market is expected to reach $401 million by 2026, growing at a CAGR of 10.6% from 2019 to 2026. (Source: Allied Market Research, "Stem Cell Therapy Market Outlook - 2026")
Medical Spa Industry Growth:
The U.S. medical spa industry generated an estimated $12 billion in revenue in 2020, with projected annual growth of 8% through 2025. (Source: American Med Spa Association, "Medical Spa Industry Report", 2021)
Patient Satisfaction in Functional Medicine:
76% of patients receiving functional medicine care reported improved overall well-being. (Source: Cleveland Clinic Center for Functional Medicine, 2019)
Social Media Influence on Aesthetics:
74% of millennial patients say social media influences their aesthetic treatment decisions. (Source: American Society of Plastic Surgeons, "Plastic Surgery Statistics Report", 2020)
Regenerative Medicine Procedures:
The number of orthopedic regenerative medicine procedures increased by 37% between 2016 and 2019. (Source: American Academy of Orthopaedic Surgeons, Annual Report 2020)