Transparency Market Research in its new report titled, “Tissue Engineering & Organ Regeneration Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” provides key insights on the tissue engineering & organ regeneration market. The new report anticipates that the rise in the technological advancements in cell cultures, biomaterials, increasing medical applications of 3D printing in tissue and organ regeneration, and high success rate of and fewer complications associated with tissue engineering than other treatment methods will drive the tissue engineering & organ regeneration market during the forecast period i.e, 2017 – 2025.
High cost of and complications associated with transplantation procedures; growing awareness about tissue engineering; and rising incidence of birth defects, burns, and accidents are projected to propel the demand for tissue engineering during the forecast period. Also, the increasing demand for cosmetic and regenerative procedures for burn care, wound care, scar treatment, and maxillofacial surgery is likely to propel the tissue engineering market in the near future, says the report. Ongoing clinical research in burn care, wound care, nerve regeneration, and breast reconstruction is projected to open new avenues for the tissue engineering market during the forecast period. However, difficulties in scaffold construction and biological complexities in tissue engineering may limit the demand for tissue engineering in the near future, as per TMR analyst.
The report has segregated the global tissue engineering market based on application, technique, and geography. In terms of application, the market is sub-segmented into orthopedics, dermatology, neurology, cardiology, urology, dental, and cord blood & cell banking. The orthopedic segment is estimated to account for majority of market share by 2025. On the other hand, dermatology is anticipated to be a rapidly expanding segment between 2017 and 2025. On the basis of technique, the global tissue engineering market is split into in vivo and in vitro tissue engineering procedures. In vitro technique is likely to account for a leading market share by 2025.
Based on, the report has segregated the global tissue engineering market into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, North America and Europe are projected to dominate the market by 2025. The factors ascribed behind the predicted growth are well-established health care infrastructure and facilities, high per capita health care expenditure, lenient government regulations regarding the use of tissue-engineered products, and favorable medical reimbursement policies in these regions. The North America market is anticipated to expand at the maximum CAGR during the forecast period. North America is likely to be followed by Asia Pacific during the forecast period.
Some of the major players operating in the global tissue engineering market are profiled in this report to give a better competitive analysis and these include Medtronic Inc., Stryker Corporation, Tissue Regenix Group Plc, and Synthecon Inc. Other players include Advanced Cell Technology, Integra LifeSciences, Cook Biotech, and LifeCell Kinetic Concepts.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. We are leaders in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: [email protected]