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Tissue Engineering Market Pegged to Expand Robustly During 2018–2026 With Global Key Players Allergan Plc., Stryker Corporation, Integra Lifesciences, Medtronic, Inc., Organogenesis Inc., Osiris Therapeutics, Tissue Regenix Group Plc., Athersys, Inc.

12-07-2018 03:58 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Biotechnology

Tissue Engineering

Tissue Engineering

Coherent Market Insights has announced the addition of the “Tissue Engineering Market, by Material Type (Synthetic, Biological and Others), by Application (Dermal, Orthopedic, Dental, Neurology, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026”, The report classifies the Tissue Engineering Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Tissue engineering is an interdisciplinary field addressed to develop functional three-dimensional tissues combining cells, scaffolds, and bioactive molecules. This field involves scientific areas such as cell biology, chemistry, material science, molecular biology, medicine, and engineering. It can be used to develop functional constructs that can be used to reestablish, maintain or improve the condition of injured body parts or tissues. Tissue engineering also assist in regeneration of damaged tissues by combining cells from the body with highly porous scaffold biomaterials. Scaffold biomaterials act as templates for tissue regeneration and guide the growth of new tissue. Tissue regeneration is highly beneficial for clinical management of organ therapeutics such as organ transplantation. The source of cells utilized in tissue engineering can be autologous (from the patient), allogenic (from a human donor but not immunologically identical), or xenogenic (from a different species donor).

The global tissue engineering market size was valued at US$ 5.5 billion in 2017, and is expected to witness a CAGR of 11.5% over the forecast period (2018 – 2026).

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Market Dynamics:

Scientific advancements in the fields of cell and molecular biology, genetics, biochemistry, biomedical engineering and materials science have opened new growth opportunities in the field of tissue engineering. Rising need for effective regenerative treatments due to the rapidly aging population coupled with increasing population suffering from diseases such as cancer, diabetes, and obesity and growth in burn and trauma cases are expected to drive the tissue engineering market growth during the forecast period. According to the World Health Organization (WHO), global diabetic population is expected to reach 336 million by 2030, from 270 million in 2015.

However, tissue engineering processes used for development of complex tissues or organs, such as heart, is facing challenges such as dearth of cell sources, biomaterials, vascularization of engineered tissues, and design of drug delivery systems. Moreover, harvesting autografts is painful, expensive, constrained by anatomical limitations and donor-site morbidity due to hematoma and infection, which is hindering growth of the market.

Tissue Engineering Market - Competitive Landscape

Key players operating in the global tissue engineering market include;

• Acelity L.P. Inc.
• Allergan Plc.
• Athersys, Inc.
• B. Braun
• BioMimetic Therapeutics
• Bio Tissue Technologies
• C. R. Bard
• International Stem Cell
• Integra Lifesciences
• Medtronic, Inc.
• Organogenesis Inc.
• Osiris Therapeutics
• RTI surgical, Inc.
• Stryker Corporation
• Tissue Regenix Group Plc.
• Zimmer Biomet

Detailed Segmentation:

Global Tissue Engineering Market, By Material Type:
• Synthetic
• Biological
• Others

Global Tissue Engineering Market, By Application:
• Dermal
• Orthopedic
• Dental
• Neurology
• Others

Global Tissue Engineering Market, By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Tel: +1-206-701-6702

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