Tissue Engineering Market Size worth $28.47 Billion | Global Industry Research on Growth, Trends and Opportunity 2020-2025
Pune, Maharashtra, India, December 22 2020 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Tissue Engineering Market is valued at USD 10.23 Billion in 2018 and expected to reach USD 28.47 Billion by 2025 with the CAGR of 15.74% over the forecast period.
Increasing clinical procedures with newer innovative developments in 3D printing is driving the growth of the tissue engineering market.
Tissue engineering is an interdisciplinary field that deals with the practice of uniting different scaffolds, cells, and biologically active molecules into functional tissues. The main aim of tissue engineering is to collect functional constructs that restore, maintain or improve damaged tissues or body organs. It combines the principles of bio materials and cell transplantation to create substitute tissues and promote endogenous regeneration. Previously, the first tissue engineering patterns was created in the use of supportive matrices that provide associated cells with a substrate appropriate for attachment and multiplication towards the desired tissue. In the field of tissue engineering, the researchers are trying to replace the injured or damaged tissues or organs with functional engineered substitutes in body. Tissue engineering has some main functions in the areas of medicine and research which helps for tissue or organ repair such as bone repair, cartilage tissue, cardiac tissue, pancreas tissue and vascular tissue.
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Tissue engineering market is segmented on the basis of by material type, application and by region. Based on material type the, tissue engineering market is segmented into Nano-fibrous material, biomimetic material, composite material and Nano-composite material. Based upon application, the market is divided into orthopedics, musculoskeletal and spine, skin/integumentary, cancer, dental, cardiology, urology, neurology, cord blood & cell banking and GI & gynecology.
The regions covered in this tissue engineering market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Tissue Engineering Market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Tissue Engineering Market:
Key players of the tissue engineering market are,
Stryker Allergan Medtronic Zimmer Baxter International Integra LifeSciences Organovo Holdings Inc Cook Medical DePuy Synthes Acelity Others
Increasing clinical needs and growing technological advancements in 3D bioprinting are some key factors helps to grow tissue engineering market.
The global tissue engineering market is primarily driven by increasing need to improve clinical procedures for the repair of damaged tissues or organ and growing technological advancements of the 3D bioprinting. Nowadays, the tissue engineering is used extensively in clinical procedures and most of the patients have been treated with tissue engineering technologies. The global financing of tissue engineering was worth of USD 14.4 million in Q1 2019. Tissue and organ failures are becoming serious and common medical conditions for which different treatment options such as organ transplantation or surgical repair in tissue engineering are increasingly adopted by healthcare professionals. Furthermore, tissue engineering is rapidly growing area in the field of biomedical engineering is another factor propelling the growth of this market. . However, tissue engineering is complex procedure requires in-depth understanding and skilled professionals may hamper the growth of the tissue engineering market. Major advances, research and innovations are being made in the fields of tissue engineering will have a major impact on 3D bioprinting of tissues and organs and these factors will offer lucrative opportunities for the tissue engineering market.
North America is expected to dominate the Tissue Engineering Market throughout the forecast period.
North America is expected to dominate tissue engineering market due to the large healthcare infrastructure, government’s favorable initiatives and the presence of multiple public tissue engineering companies in this region. Around 21 companies achieved an approximately USD 9 billion in sales of tissue engineering-related products in 2017. For example; Federal agencies are significantly involved in tissue science engineering that will be required in the United States and it actively sets the standards for the efficient and effective management of tissue science. Europe is the second leading region in tissue engineering market followed by Asia pacific owing to the extensive research activities are being carried out and high emergence of tissue-engineered products (TEPs) in this region. Asia pacific is exhibited to be the fastest growing region in tissue engineering market due to the widespread biomedical industry, increasing geriatric population and rising overall burden of chronic diseases and injuries.
Key Benefits for Tissue Engineering Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Tissue Engineering Market Segmentation –
By Material: Nano-Fibrous Material, Biomimetic Material, Composite Material, Nano-Composite Material
By Application: Orthopedics, Musculoskeletal and Spine, Skin/Integumentary, Cancer, Dental, Cardiology, Urology, Neurology, Cord Blood & Cell Banking, GI & Gynecology
Regional & Country Analysis:
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Tissue Engineering Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Tissue Engineering Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Tissue Engineering Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Tissue Engineering Market Overview: Quantitative Analysis
4. Chapter – Global Tissue Engineering Market Analysis: Segmentation By Type
5. Chapter – Global Tissue Engineering Market Analysis: Segmentation By Application
Continued….
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