PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1304639
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1304639
Scaffold technology market size was valued at USD 1,408.9 Million in 2022, expanding at a CAGR of 19.8% from 2023 to 2030.
Scaffolds are used to assist organs and systems organs that may have been damaged after an injury or disease. Additionally, it is done by using tissue engineering as well as regenerative medicines. Tissue engineering is the process of enhancing or replacing biological processes by the combination of cells with the appropriate biochemical and physio-chemical elements. Scaffolds are either directly implanted to the injured site or cultured in vitro to synthesize tissue. Moreover, scaffolds are produced by using numerous biomaterials and different fabrication of techniques.
In 3D culture, scaffold-based platforms are used to alter the cell culture procedure by offering a surface on which the cells can easily impart 3D growth. Additionally, the cells are grown within synthetic materials and extracellular matrix in scaffold technology. Scaffold technology, activation, and cell adhesion depend on scaffold characteristics and scaffold material properties. Moreover, to accomplish the rate of new-tissue formation and required mechanical function, different characteristics, including degradation kinetic, scaffold properties, and materials, be altered to match the specific application. Exposed surface area, pore distribution, and porosity of the scaffold can impact the architecture of the extracellular matrix, the rate of penetration of cells, penetration, and the final effectiveness of the regenerative process. However, the emergence of scaffold-free technology for cell culturing and the high cost associated with implementation are expected to restrain the market growth. Furthermore, the worldwide scaffold technology market growth size is significantly driven by the increase in demand for tissue engineering and body reconstruction procedures, the rise in usage of biomaterials, and the technological advancement growth of scaffold technology.
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Proprietary technologies are developed by industry players for manufacturing multiple tissues for tissue repair and regeneration. Additionally, for manufacturing biological surgical drafts DMS process porcine-driven tissues by utilizing proprietary OPTRIX technology. These surgical drafts are used to repair and reinforce soft tissue defects. Moreover, for multiple tissues source, OPTRIX tissues can be applied to develop soft tissue generation products for numerous clinical applications. For instance, in April 2023, Evonik and BellaSeno collaborated to commercialize 3D-Printed Scaffolds for Bone Regeneration. In addition, the bone scaffolds are built with Evonik's Resomer polymers and are used for complex and large bone defects.
For instance, in January 2023, ReLive Biotechnologies, Ltd. announced the acquisition of Germany-listed biotech company Co.Don AG (CNW.DF) ("Acquisition"), acquiring the global patent rights of its flagship products "Spherox" and "Chondrosphere". Additionally, "Spherox" is one of the only two authorized cell therapies for the regenerative treatment of articular cartilage defects worldwide.
This proposed research study on scaffold technology market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The report provides the client the latest up-to-date and trending insights about the scaffold technology market.
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for scaffold technology market.
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the scaffold technology market.
Impact of COVID-19 on scaffold technology market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on scaffold technology market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the scaffold technology market, we have also included competitive landscape and key innovator analysis for the scaffold technology market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the scaffold technology market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global scaffold technology market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts.
The scope of this report covers the market by its major segments, which include as follows: