Press release
Tissue Engineering Market Is Driven By Increasing Incidence of Chronic Diseases | Medtronic plc, Zimmer Biomet Holdings Inc., Allergan plc
Tissue engineering is a branch of regenerative medicine that deals with the creation of living, functional tissues to repair or replace damaged tissue in the body. It is a relatively new field that is constantly evolving, as researchers learn more about how to create and maintain living tissue.Tissue engineering typically involves using a combination of cells and biomaterials to create a three-dimensional scaffold that can support the growth of new tissue. The cells can be derived from the patient's own body, or from a donor. The biomaterials used in the scaffold must be biocompatible and must provide the appropriate environment for cell growth.
Once the scaffold is in place, the cells will begin to grow and multiply, eventually filling the scaffold and creating new tissue. This new tissue must be able to function just like the original tissue and must be able to integrate with the surrounding tissue.
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Key Drivers
The key drivers of the tissue engineering market are the increasing incidence of chronic diseases, the aging population, the rising demand for organ transplants, and the increasing availability of funding.
The increasing incidence of chronic diseases is one of the key drivers of the tissue engineering market. Chronic diseases such as diabetes, heart disease, and cancer are on the rise, and the demand for tissue-engineered products that can treat these conditions is increasing.
The aging population is another key driver of the tissue engineering market. As the population ages, the demand for tissue-engineered products that can replace or repair damaged tissue increases.
The rising demand for organ transplants is also a key driver of the tissue engineering market. Organ transplantation is the only treatment option for many conditions, and the demand for organs far exceeds the supply.
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Market Segments
The tissue engineering market is segmented by type, application, and region. By type, the market is classified into synthetic scaffold material, biologically derived scaffold material, and others. The synthetic scaffold material segment is further categorized into synthetic polymer and others. The biologically derived scaffold material segment is sub segmented into collagen and others. On the basis of application, the market is segregated into orthopedics & musculoskeletal, neurology, cardiovascular, skin & integumentary, dental and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the rest of the World.
Key Players
The tissue engineering market includes players such as Medtronic plc, Zimmer Biomet Holdings Inc., Allergan plc, ACell Inc, Athersys Inc., Organogenesis Holdings Inc., Stryker Corporation, Tissue Regenix Group plc, RTI Surgical Inc., ReproCell Inc., and others.
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