8/13/2025, 7:50:08 AM | finance.yahoo.com | news
Global Veterinary Regenerative Medicine Market Size/Share Worth USD 1395.44 Million by 2034 at a 13.23% CAGR: Custom Market Insights
A market research report by Custom Market Insights estimates the global veterinary regenerative medicine market to be valued at USD 401.21 million in 2024, reaching USD 452.97 million in 2025, and projected to grow to USD 1395.44 million by 2034 at a compound annual growth rate (CAGR) of 13.23% between 2025 and 2034. The market is driven by increasing demand for minimally invasive, sustainable treatments such as stem cell therapy and platelet-rich plasma (PRP) for conditions like osteoarthritis and ligament injuries in companion and livestock animals. Key players include VetStem Biopharma, Medrego, Ardent Animal Health, Zoetis, Boehringer Ingelheim Animal Health, Vetherapy, Celavet Inc., Gallant, Animal Cell Therapies Inc., ReGen Medicine, Epona Biotech, StemcellVet, Anicell Biotech, Companion Regenerative Therapies, EquiCord, Smith+Nephew (Veterinary Division), Owl Manor Veterinary, Exceed Equine, Regeneus Ltd., and Cell Therapy Sciences Ltd. The report highlights regional variations, with North America leading in adoption due to strong infrastructure and regulatory support, Europe advancing through clinical trials and research, and Asia-Pacific showing high growth potential due to rising pet ownership and government-backed initiatives. Regulatory developments by the FDA CVM and EMA are facilitating biologic therapies, while challenges such as high costs, insurance gaps, and lack of standardization remain significant barriers.