Tissue Engineering Market Size, Report, Growth Forecast to 2022 | Top Companies are Acelity, Zimmer Inc., Medtronic, Cook, Baxter, Stryker

Global Tissue Engineering Market Information: By Material (Biomimetic Materials, Nano-Fibrous Materials, Composite Materials, Nano-Composite Material), and By Applications (Orthopedics, Musculoskeletal and Spine, Skin/Integumentary, Cancer, Dental, Cardiology, Urology, Neurology) - Market Size, Share, Report, Growth, Trends, Forecast Till 2022

Pune, India - April 15, 2019 /MarketersMedia/ —

Market Synopsis

Market Research Future (MRFR) speculates that the global tissue engineering market is presumed to demonstrate 17.22% CAGR during the forecast period (2017-2022) owing to the advancements in healthcare technology. An interdisciplinary field, tissue engineering combines the principles of life sciences and engineering towards the development of biological substitutes. Such substitutes are further used to restore or replace organ or tissue function. Regenerative medicine and tissue engineering deploy biologics, small molecules, organ transplantation, and cell-based therapies, and consists of the use of a scaffold in order to form new tissues for medical purposes. Tissue engineering offer solutions that can replace the present tissue repair solutions comprising surgical reconstruction, transplants, and mechanical devices.

Market Potential and Pitfalls

With augmenting advancements in healthcare technology and consistent supply of functional tissues, global tissue engineering is anticipated to experience a boost. Tissue engineering has several advantages such as it has replaced the use of animals for drug testing in pharmaceuticals, which is considered to propel the market growth across the globe. As the technique is cost-effective, it will foster the market in the coming years. Moreover, the augmenting need for effective regenerative treatments due to rapid geriatric population and increasing lifestyle diseases like diabetes and obesity, the market is likely to experience an upthrust. The number of people requiring bone implants is increasing due to the rising cases of trauma, chronic diseases, and increasing average life span.

3D tissue engineering is evolving at a rapid pace with technological advancements including organ-on-a-chip technologies, replacement of the embryo cells with proliferative stem cells, and use of 3D bio-printers in order to design in-vitro implants. NIH is offering research funding to human non-embryonic stem cell research and human embryonic stem cell research. With increasing government funding for R&D activities, the market growth for tissue engineering is estimated to propel throughout the assessment period.

On the contrary, the shortage of organ donor during organ transplantation is considered to impede the market growth. Additionally, the high cost of treatments associated with tissue engineering coupled with product recalls and failures are likely to vitiate the market growth in the coming years.

Request Free Sample @ https://www.marketresearchfuture.com/sample_request/2134

Global Tissue Engineering Market: Segmental Analysis

The global tissue engineering market has been segmented on the basis of materials and application.

By mode of materials, the global tissue engineering market has been segmented into nano-fibrous materials, biomimetic materials, nano-composite material, and composite materials.

By mode of applications, the global tissue engineering market has been segmented into musculoskeletal and spine, orthopedics, cancer, skin/integumentary, cardiology, dental, neurology, urology, GI & gynecology, cord blood & cell banking, and others. Among these, the orthopedics segment is likely to lead the global market owing to the increasing geriatric population combined with the growing incidences of replacement and reconstructive surgeries. On the other hand, the neurology segment is estimated to witness a faster growth rate owing to the rising R&D activities.

Regional Insights

Geographically, the tissue engineering market span across regions namely, Europe, America, Asia Pacific, and the Middle East & Africa.

Among all the regions, the American region is estimated to dominate the global tissue engineering market, especially in the North American region. The growth is credited to the augmenting development in the field of regeneration surgeries, which has created new opportunities for the tissue engineering market. The presence of market leaders and constant technological developments is stimulating the market growth.

The European region is presumed to occupy the second largest share owing to the high availability of funds for R&D activities. Also, the government is highly supporting the life sciences domain, which is contributing to the market growth in this region. Moreover, with industries focusing on the upgradation of 3D technology, the market is likely to flourish.

The Asia Pacific region is considered to expand at the fastest rate owing to the improved economic conditions in the healthcare sector coupled with the increased government focus on R&D activities. The increased adoption of technological developments has led to the improvement of the healthcare facilities which is likely to propel the market growth in this region.

Industry Updates

February 19, 2019: A team of researchers from Texas A&M University has recently developed a brand-new way to deliver treatment for cartilage regeneration. One method for regeneration or repair of damaged cartilage tissues is to deliver therapeutic growth factors. Gaharwar, assistant professor at the Texas A&M, stated that the nanoclay-based platform for prolonged and sustained delivery of protein therapeutics could treat osteoarthritis effectively.

Competitive Dashboard

The prominent players operating the global tissue engineering market are Acelity, Zimmer Inc., Medtronic, Cook, Baxter, Stryker, and DePuy Synthes Companies.

Get full report & TOC @: https://www.marketresearchfuture.com/reports/tissue-engineering-market-2134

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Akash Anand
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/tissue-engineering-market-size-report-growth-forecast-to-2022-top-companies-are-acelity-zimmer-inc-medtronic-cook-baxter-stryker/502718

Source: MarketersMedia

Release ID: 502718

Latest News

Egypt demands Christie's halt auction of King Tut statue

Jun 19, 2019

CAIRO — Egypt has tried to halt the auction of a 3,000-year-old stone sculpture of the famed boy pharaoh Tutankhamun at Christie's in London, while the auction house said its sale was legal. The statue — a brown quartzite head depicting King Tut — is scheduled to be auctioned off in July, and could generate more than $5 million, according to Christie's. The artifact features King Tut's full mouth with slightly drooping lower lips and almond-shaped eyes. For many, King Tut is the ultimate symbol of ancient Egypt's glory. Howard Carter discovered the pharaoh's nearly intact tomb in 1922 in...

Turkey's Erdogan witness in footballer Mesut Ozil's wedding

Jun 19, 2019

ISTANBUL — Turkey President Recep Tayyip Erdogan was in the wedding party as Arsenal midfielder Mesut Ozil tied the knot on Friday. State-run Anadolu news agency said Erdogan and his wife, Emine, were legal witnesses for Ozil, who married model, actress and former Miss Turkey Amine Gulse in Istanbul. Secular Turkish weddings require a witness each for the bride and groom. Ozil, a German player of Turkish descent, quit Germany's soccer team last year after he was criticized for posing for a photograph with Erdogan before the World Cup. In his international retirement announcement, Ozil accused the German football federation,...

Protesters in Iran, Iraq burn Israel, US flags on 'Quds Day'

Jun 19, 2019

TEHRAN, Iran — Iranians in the capital Tehran set fire to effigies of U.S. President Donald Trump, while in the Iraqi capital, Iran-backed militiamen marched over a large Israeli flag as part of rallies Friday marking Quds, or Jerusalem Day. The annual protests come as the Trump administration tries to market its long-awaited Israeli-Palestinian peace plan. Held each year on the last Friday of the Muslim holy fasting month of Ramadan, Iran has marked Quds Day since the start of its 1979 Islamic Revolution by the late Ayatollah Ruhollah Khomeini. Al-Quds is the Arabic name for Jerusalem, and Iran says...

Ramadan in Mideast is for fasting and Facebook, data shows

Jun 19, 2019

DUBAI, United Arab Emirates — The Muslim holy month of Ramadan, with its long days of fasting and prayer meant to draw worshippers closer to God and away from worldly distractions, is being reshaped by technology. People in the Middle East spend close to 58 million more hours on Facebook during Ramadan and watch more YouTube videos — everything from beauty tips and recipes to sports and TV dramas — than any other time of the year, making the holy month not only the most important one for Muslims, but also the prime time of the year for advertisers. For...

A look at the Muslim fasting month of Ramadan

Jun 19, 2019

DUBAI, United Arab Emirates — Many Muslims around the world began fasting Monday to mark the start of the holy month of Ramadan. This means waking up before dawn to eat, hydrate and pray. Once the sun rises, Muslims abstain from food and drink, including water, until sunset. They repeat the grueling routine every day for a month. Here are some questions and answers about Islam's holiest month and how it's observed. WHY DO MUSLIMS FAST? Fasting is meant to bring worshippers closer to God through steady remembrance, reflection and sacrifice. Daily fasting, combined with five daily prayers and extended...

About Us

Originally founded in 2015, Voyage Times publishes articles on travel and lifestyle for travelers, leisure seekers, and culture hunters from around the world.

Contact us: sales[at]voyagetimes.com

Subscribe Now!

Quick Links

HomePress