Tissue engineering market landscape, key companies profile, size and solutions

1. Tissue Engineering Market Landscape, Key Companies Profile, Size and
Solutions
Tissue Engineering Market Size, Trends and Growth Analysis By Material (Nano-
fibrous Material, Biomimetic Material, Composite Material and Nano-composite
Material), Application (Orthopedics, Musculoskeletal and Spine,
Skin/Integumentary, Cancer, Dental, Cardiology, Urology, Neurology, Cord Blood &
Cell Banking and GI & Gynecology) and Region, Forecast till 2024
Tissue Engineering Market Analysis
The Global Tissue Engineering Market size is likely to touch USD 53,424 million at a
whopping 17.84% CAGR between 2016- 2024, as per the recent Market Research Future
(MRFR) analysis. Tissue engineering has been designed to influence the biological,
chemical, and physical environment that surrounds the cell population. It uses the principle
of life science and engineering to develop biological products that help to augment the
functioning of the whole organ or tissues. Tissue engineering offers solutions that can
either repair or replace tissues such as medical devices, surgical reconstruction, and
transplant.
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Tissue Engineering Market Drivers and Restraints
Various factors are propelling the global tissue engineering market and tissue engineering
scaffold market growth. As per the latest MRFR report, such factors include the rising
geriatric population coupled with the growing prevalence of infectious and chronic
diseases. Besides, the 3D bioprinting has emerged as the new tissue engineering market
trends owing to its cost-efficiency. This 3D printing technology is widely used for creating
human tissues and organs for testing COVID-19, which in turn is adding market growth of
tissue engineering.
On the contrary, strict regulatory policies, scarcity of skilled professionals, and lack of
awareness about tissue engineering are factors that may limit the global tissue engineering
market growth over the forecast period. Besides, the shortage of supplies due to the
ongoing COVID-19 pandemic is also impacting the market growth.
Tissue Engineering Market Segmentation
The MRFR report offers an inclusive segmental analysis of the global tissue engineering
market based on application and material.
By material, the tissue engineering market is segmented into composite material,
biomimetic material, and nano-fibrous material. Of these, the nano-fibrous material will

2. lead the market over the forecast period while the biomimetic material will grow at a fast
pace over the forecast period.
By application, the tissue engineering market is segmented into GI & gynecology, cord
blood and cell banking, neurology, urology, cardiology, dental, skin/integumentary, cancer,
musculoskeletal and spine, and orthopedics. Of these, the spine, musculoskeletal, and
orthopedics segment will dominate the market of tissue engineering over the forecast
period while the cancer segment will grow at a high CAGR over the forecast period.
Tissue Engineering Market Regional Analysis
Based on the region, the tissue engineering market report covers the growth opportunities
and recent trends across the Americas, Europe, the Asia Pacific, & the Middle East and
Africa (MEA). Of these, the Americas will lead the tissue engineering market over the
forecast period. The surging public awareness about the therapeutic potency of therapy,
increasing cases of chronic diseases, rising number of clinical trials for evaluating the
products therapeutic potential, availability of advanced healthcare facilities, and growing
geriatric population are adding to the global tissue engineering market growth in the
region.
In Europe, the global tissue engineering market is predicted to have the second-largest
share over the forecast period. Increasing government support for the life science domain
coupled with the rising availability of funds for the research and development is adding to
the global tissue engineering market growth in the region.
In the APAC region, the global tissue engineering market is predicted to grow at a fast pace
over the forecast period. Rising cases of cardiovascular diseases, increasing cancer
incidence, growing demand for plastic surgeries, and rising biomaterial-based research are
adding to the global tissue engineering market growth in the region. Japan has the
maximum share in the region.
In the MEA, the global tissue engineering market is predicted to have the smallest share
over the forecast period. But it is likely to have a sound growth for its increasing use to
treat different chronic diseases in the UAE, Kuwait, and Saudi Arabia.
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Tissue Engineering Market Key Players
Leading players profiled in the global tissue engineering market report include Acelity
(US), DePuy Synthes (US), Cook Medical (US), Organovo Holdings Inc (US), Integra Life
Sciences (US), Baxter International (US), Zimmer (US), Medtronic (Ireland), Allergan (US),
and Stryker (US).
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