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The increasing prevalence of chronic illnesses including diabetes, heart disease, and orthopedic conditions has increased the need for tissue engineering products that may replace or repair damaged tissues. Because of developments in biological materials, 3D bioprinting, study of stem cells, & gene editing techniques, tissue engineering has advanced significantly and made it possible to create complex and functioning tissues.
The use of tissue regeneration technologies is growing in popularity because of its low rejection rates and successful products. Furthermore, there's a growing movement toward performing more regeneration procedures. The application of tissue-engineered vascular grafts for heart surgery and treatment is the current topic of pre-clinical research. Furthermore, successful implantation of tissue-engineered bladders outside of patients' bodies has been demonstrated.
Growth is anticipated to be aided by technological developments in the field of 3D tissue engineering, including the use of 3D bioprinters to efficiently create in vitro implants, the replacement of embryo cells with stem cells, and organ-on-a-chip technology. Moreover, during the course of the forecast period, it is projected that increased government funding for academic and medical research initiatives will support the market for tissue engineering expansion. For example, in January 2023, the pioneering 3D bioprinting startup BICO was acquired by biopharmaceutical equipment provider Sartorius, which acquired 10% of the business. Apart from the purchase of shares for USD 49.91 million, both companies have disclosed their intentions to work together. With an emphasis on developing digital solutions for cell line development workflows, they hope to collaborate on a range of research and development projects.
Increased global investments in study and clinical translation are expected as stem cell therapies show great promise as treatments for a range of clinical diseases. More effective disease management has resulted from the quick advancement of stem cell research. The focus on stem cell research has therefore expanded in tandem with the rise in the prevalence of diabetes, cancer, and other chronic illnesses.
The number of clinical trials being carried out in the fields of tissue engineering and regenerative medicine is driving the market's expansion. On the website clinicaltrials.gov, there are about 58 research pertaining to regenerative medicine and 63 studies that concentrate on tissue engineering. However, obstacles including the high cost of product development and moral questions about stem cell research and tissue-engineered goods are impeding the market's growth.
The intricate and strict regulatory environment that oversees tissue-engineered goods and treatments is known as the tissue engineering market. Tissue engineering includes the development and fabrication of biomaterial scaffolds, materials with biological activity, cell-based structures, and organs with tissue engineering. The European Medicines Agency (EMA) in the European Union & the Food and Drug Administration (FDA) in the US are two health bodies that have strict regulatory monitoring over these items. Tissue-engineered products and therapies must navigate complicated regulatory approval processes and provide evidence of quality, efficacy, and security through preclinical research, clinical trials, or manufacturing validations. The regulatory approval process is further complicated by the fact that tissue-engineered products may be classified differently under the current regulatory frameworks, which include medical devices, biological goods, or combination products, based on variables like intended use, mode of action, and risk profile. Regulatory obstacles in the Tissue Engineering Market can make it difficult for businesses to enter the market, delay commercialization, and incur higher development expenses. The difficulties include ever-changing regulations, ever-changing standards, and protracted approval procedures.
The report will cover the qualitative and quantitative data on the global Tissue Engineering Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Study Period | 2024-31 |
Base Year | 2023 |
Estimated Forecast Year | 2024-31 |
Growth Rate | CAGR of 14.28% from 2024 to 2031 |
Segmentation | By Product, By Treatment, By Drug, By Route of Administration, By Region |
Unit | USD Billion |
By Product |
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By Application |
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By Region |
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Tissue Engineering Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2024-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
By Product
By Application
The report also helps in understanding Global Tissue Engineering Market dynamics, structure by analyzing the market segments, and project the Global Tissue Engineering Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Tissue Engineering Market make the report investor’s guide.
The market is divided into segments based on By Product, By Application.
Based on the Product of the market is segmented into Synthetic Scaffold Material, Biologically Derived Scaffold Material, Others.
The market leader, biologically derived scaffold material, is expected to grow at the fastest rate over the projection period—that is, at a compound annual growth rate of 13.20%. Biobased materials such as collagen, alginate, protein peptides chitin, agarose, matrigel, & chitosan are only a few of the materials used in the construction of scaffolds. Based on the kind, the biologically formed scaffold materials segment is separated into collagen and other types. The scaffolding elements for tissue engineering that are produced biologically have different chemical compositions. These materials are composed of polyesters, polysaccharides, polypeptides, and inorganic compounds. Skin, bone, cartilage, and vascular grafts are among the tissue-engineered products made from chitosan, a fully or partially deacetylated chitin. Xenogeneic materials are derived from a variety of organisms, producing a range of cell types suitable for use in tissue transplants.
To replace or repair damaged musculoskeletal system components, synthetic biomaterials with particular compositions, microstructures, and long-term repeatability are widely used. Metals, ceramics, bioglasses, and synthetic polymers are used to create synthetic scaffolds. These biomaterials are used in similar procedures such as cementing, grafting, and dental restorations. These materials are classified as bioinert, bioactive, or bioresorbable based on their ability to establish a direct connection with native tissues following implantation. Bioinert materials, such as titanium, zirconia, alumina, and its alloys, have no effect on the surrounding tissues after implantation. Minor bone defects and anomalies related to the periodontal system are treated with bioactive materials such as bioglasses and ceramics, which directly connect with living tissues.
Based on the Application of the market is categorised into Cord Blood & Cell Banking, Cancer, GI, Gynecology, Dental, Skin & Integumentary, Urology, Orthopedics, Musculoskeletal, & Spine, Neurology, Cardiology & Vascular, Others.
In terms of application, the orthopedics, musculoskeletal, & spine category had the biggest revenue share of 59.75% in 2022 due to the increased frequency of musculoskeletal issues. Additionally, tissue engineering has emerged as a critical treatment option for orthopedic surgeons to manage a range of musculoskeletal disorders, including meniscal deficiencies in young athletes and osteochondral anomalies in the joint between the glenohumeral bones. The WHO estimates that rheumatoid arthritis affects over 23 million people globally. According to another study, which was published in May 2021, there were 460 cases of rheumatoid arthritis for every 100,000 persons worldwide between 1980 and 2019.
The launch of new products and the adoption of various growth tactics by market participants are expected to stimulate the segment's progress. At the North American Spine Society (NASS) 2022 National Meeting in Chicago in October 2022, LifeNet Health showcased the most advanced allograft biologics for fusion. On show was ViviGen MIS, the first practical technology for delivering cellular allografts designed specifically for minimally invasive surgery.
The cardiology & vascular segment is expected to increase at the highest pace of 25.9% throughout the forecast period due to the rising prevalence of cardiovascular disorders. Notably, top businesses in the industry are presently developing stem cell therapies to aid in the regeneration, healing, and revascularization of damaged cardiac tissues. Additionally, research is being done on gene therapy, advanced biologics, and tiny chemicals to encourage the regeneration of damaged cardiac cells.
By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. North America held a share of revenue of 51.23% in 2022 & dominated the market regionally due to the growing geriatric population, rising incidence of chronic illnesses, & rising awareness of stem cell therapy. Additionally, a number of factors that have contributed to its significant proportion are the accessibility of both public and private funding, the high cost of healthcare, and the use of contemporary technology in the detection and management of chronic illnesses.
Asia Pacific's tissue engineering market is anticipated to grow at the fastest rate of 15.84% during the course of the projected year. One of the leading countries in the world for advancing tissue engineering technology is Japan. In addition, the growth of 3D bioprinting and medical tourism, together with the increase in clinical diseases like cancer in Asian countries, are expected to drive market expansion in this field.
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
To gain insightful analyses of the Tissue Engineering market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the Tissue Engineering market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the Tissue Engineering market. Besides the standard structure reports, we also provide custom research according to specific requirements.
Tissue Engineering Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:
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14 Jun 2022