Global Scaffold Technology Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ 1484.4 Mn.
The global Scaffold Technology market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Scaffold Technology report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Scaffold Technology Market
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Global Scaffold Technology Market Overview:
Scaffolds are mechanisms designed to aid cellular interaction in the formation of new functioning cells and tissues for medical applications. Maybe there are transient or permanent matrices that enable tissue development chemically, mechanically, and biologically. 3D culture assays such as cell to cell interactions, high throughput scanning, cell to matrix interactions, transfections, and cell migration assays all use scaffold technology. Scientists believe that these scaffolds might one day aid in the architecture of major and large body organs.
Global Scaffold Technology Market Dynamics:
Tissue engineering and cell therapy have benefited greatly from advancements in 2D to 3D cell culture techniques. Spheroids increase the effectiveness of mesenchymal stem cells, resulting in improved tissue regenerative, reparative, and anti-inflammatory outcomes, as well as higher post-transplant survival rates. The adoption of 3D scaffold cultures has benefited as a result of this. By supplying relevant knowledge about diseased cells and guiding the market, the 3D model of cell cultivation allows for the study of phenotypic heterogeneity of cancerous cells and heterotypic crosstalk between cell types.
The industry is increasing due to rising demand for body regeneration and an increase in organ transplantation around the world. Biomimetic tissue structures created by scaffold creation result in 3D organ type constructions that improve the transplantation process, boosting the market growth.
The industry is being propelled forward by the introduction of biological scaffolds with distinguishing characteristics such as inertness, biodegradability, and the ability to generate fluorescence for imaging. Besides that, leading players' new releases are helping the industry. Meril Life Sciences, for particular, obtained FDA clearance in August 2019 for its biological scaffold “MeRes100 BRS,” which is used to treat coronary artery lesions.
Global Scaffold Technology Market Segment Analysis:
Based on Type, Hydrogels have emerged as a leading market, accounting for 42.2 per cent of market share in 2020. Soon, ongoing technical developments in the microfabrication of hydrogels are anticipated to augment segment development. Companies are now announcing new hydrogels for cell transplantation, drug depots, and a restenosis buffer.
Based on Disease, Type, the musculoskeletal industry segment has the highest revenue share because of increasing cases of orthopedic injuries. More than 15 million fractures occur per year in the United States alone, including 2 million osteoporosis and 1.6 million acute fractures.
The neurology market segment is projected to rise at the fastest pace. This is attributed to the ever-increasing need for neurological research and development facilities.
Based on Application, The global scaffold technology market is divided into stem cell therapy, regenerative medicine, and tissue engineering, drug development, and others depending on use. The stem cell therapy division will generate the most sales in 2020. The widespread use of scaffolds in cosmetic procedures, soft tissue replacements, tumor repairs, and wound healing accounts for this elevated percentage.
Based on End User, the biotechnology and pharmaceutical industry sector accounted for the greatest share of sales. The widespread use of scaffolds in drug screening and target validation trials is to blame for such a large share. The segment's growth is mainly attributed to these industries' widespread use of scaffold technology in tissue engineering fields such as periodontal reconstruction, cartilage production, bone formation, nasal and auricular malformation repair, tendon repair, and heart valves.
Furthermore, these businesses use automation to distribute medicines and other changes. The segment's development is largely due to an increase in grafting technology procedures such as biological scaffolds in hospital settings and an increase in cardiovascular surgeries.
Global Scaffold Technology Market 1
Global Scaffold Technology Market Regional Insights:
The scaffold technology industry is projected to be dominated by North America. The region's growing demand can be credited to the region's well-developed infrastructure, recent advances in stem cell research and regenerative medicine, the presence of innovative technology companies, ongoing studies, and the involvement of major market players.
The demand in Asia-Pacific, on the flip side, is expected to expand at a faster pace due to increased expenditures in healthcare infrastructure and heavily regulated policies that encourage the use of such technologies. Increasing public consciousness about the use of organ transplants also contributes to the regional market's expansion. Furthermore, one of the main factors driving the demand is the increase in alcohol consumption and the population of smokers in the area.
Global Scaffold Technology Market 2
The objective of the report is to present a comprehensive analysis of the global Scaffold Technology market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Scaffold Technology market dynamics, structure by analyzing the market segments and project the global Scaffold Technology market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Scaffold Technology market make the report investor’s guide.
Global Scaffold Technology Market Key Developments:
Researchers from the University of California and the Institute of Engineering of Medicine used 3D printed scaffolds to build a spinal cord in January 2019.
Ligand produced a peptide scaffold as a potential antidote and vaccine for COVID-19 in April 2020. The scaffold was created with AI and supercomputing to imitate the virus's immune binding and attaching components. As a result, synthetic structures with advantages including fast prototyping and effective scale-up may be used to develop therapeutics for SARS-CoV-2.
CELLINK GLOBAL joined the TRIANKLE consortium in November 2020 to create novel custom gelatine and collagen-based implants for ankle joint tissue reconstruction using 3D printing technology.
Wake Forest Institute for Regenerative Medicine (WFIRM) scientists created a hybrid tissue construct that can be used for cartilage regeneration in November 2020.
Bio-Techne Corporation launched Cultrex UltiMatrix Reduced Growth Factor Basement Membrane Extract (RGF BME) for culturing pluripotent stem cells and organoids in March 2021.
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Global Scaffold Technology Market Scope: Inquire before buying
Global Scaffold Technology Market, by Type
• Polymeric Scaffolds
• Micropatterned Surface Microplates
• Nanofiber Based Scaffolds
• Wound Healing
• 3D Bioprinting
Global Scaffold Technology Market, by Disease Type
• Orthopedics, Musculoskeletal, & Spine
• Skin & Integumentary
• Cardiology and Vascular
• GI, Gynecology
Global Scaffold Technology Market, by Application
• Stem Cell Therapy, Tissue Engineering, and Regenerative Medicine
• Drug Discovery
Global Scaffold Technology Market, by End User
• Biotechnology and Pharmaceutical Industries
• Research Laboratories and Industries
• Hospitals and Diagnostic Centers
Global Scaffold Technology Market, by Region
• North America
• Asia Pacific
• The Middle East and Africa
• South America
Global Scaffold Technology Market Key Players
• Thermo Fisher Scientific, Inc.
• Merck KGaA
• Molecular Matrix, Inc.
• Tecan Trading
• 3D Biotek
• Becton, Dickinson, and Company
• Akron Biotech
• Nanofiber Solutions
• Corning Incorporated
• Vericel Corporation
• REPROCELL, Inc.
• Other Key Players
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