Global Tissue Engineering Market 2018 – Development of advanced materials expected to drive the future growth due to greater customer satisfaction!

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The global tissue engineering market is generating a growth of CAGR of 17.22 % and expected to reach USD 48,017.5 million by the forecast period of 2017-2022.

Regional Analysis of the Global Tissue Engineering Market:

The Americas region dominated the scene with a market share of USD 7,100.1 million in 2016. The drivers of the American market are the well-developed healthcare infrastructure, high healthcare expenditure, and the presence of the leading players especially in the U.S. and Canada.

Europe accounts for the second largest market, led by Germany, UK, and France. Germany is expected to be the largest market owing to its well-developed medical devices and tissue engineering sector. Germany is closely followed by France and the U.K.

Asia Pacific is expected to be the fastest market due to rising number of research & development institutes, increasing demand, lower labor cost and others. Asia Pacific tissue engineering market is expected to grow at a CAGR of 15.24% during the forecast period.

The Middle East & Africa is expected to demonstrate moderate growth in the tissue engineering market due to poor socio economic conditions poor healthcare infrastructure, and low technology penetration. However high growth spurts can be expected in the gulf economies such as UAE, Saudi Arabia and others.

Key Players in the Global Tissue Engineering Market:

DePuy Synthes, Cook, Medtronic, Zimmer Inc., Acelity, Baxter, and Stryker

Scenario of the Global Tissue Engineering Market:

Tissue engineering involves the principles of engineering and life sciences. The field is involved in the development of biological substitutes to replace or restore tissue or organ function. The global tissue engineering market is generating a growth of CAGR of 17.22 % and expected to reach USD 48,017.5 million by the forecast period of 2017-2022.

Dynamics of the Global Tissue Engineering Market:

Drivers:

Advancement in biomaterials is the critical driver of the market as demonstrated by the development of biomimetic and biocompatible materials which mimic the characteristics of the extracellular matrix resulting in better treatment. Synthetic, biomimetic materials achieve in-situ crosslinking and protease-dependent action. Enzymes such as proteases and growth factors are being incorporated in synthetic biomimetic materials so as to closely mimic the natural tissues. Biomimetic materials provide three-dimensional structures and synthetic extracellular-matrix environments resulting in better and stronger tissue regeneration.

The disadvantages and risks of autologous bone grafts such as limited availability of autologous material and donor-site morbidity, infection, immunological rejection etc. are clinical drivers of the market.

Other drivers of the market are increase in geriatric population, scarcity of organs donations, growing demand for regenerative medicine, and rise in risk factors resulting in enhanced demands such as accidents, burns and others. The progress in industrial process which has resulted in growing capacity of cell regeneration is expected to bring down costs. The need for replacing animal models for testing of pharmaceuticals is other driver of the market.

Restraints:

High cost of treatment and threats of serious biological reactions such as graft rejection, hyper reactions, risks of surgery, poor biocompatibility of synthetic substitute’s materials and impurities from animal sources and xenobiotic materials are the constraints of the market.

The lack of awareness in underdeveloped economies, scarcity of trained manpower coupled with their poor income is economic and structural constraints on the market.

Segments of the Global Tissue Engineering Market:

Materials - biomimetic materials, nano-fibrous materials, composite materials, and nano-composite material. The tissue engineering market by materials is dominated by the nano-fibrous material which is anticipated to generate USD 13,279.2 million by 2022 from USD 4,155.8 million in 2016.

Applications - skin/integumentary, neurology, orthopedics, cord blood & cell banking, cancer, musculoskeletal and spine, cardiology, dental, urology, GI & gynecology and others. The orthopaedic segment is expected to possess the largest market share by applications.

MAJOR TOC:

CHAPTER 1. REPORT PROLOGUE

CHAPTER 2. MARKET INTRODUCTION

2.1 Introduction 13 
2.2 Scope Of Study 13 
2.3 Research Objective 13 
2.4 Assumptions & Limitations 14 
2.4.1 Assumptions 14 
2.4.2 Limitations 14 
2.5 Market Structure 15

CHAPTER 3. RESEARCH METHODOLOGY: TISSUE ENGINEERING MARKET

3.1 Research Process 16 
3.2 Market Size Estimation 17 
3.2.1 Market Share Analysis 18 
3.3 Forecast Model 19

CHAPTER 4. MARKET DYNAMICS

4.1 Drivers 20 
4.1.1 Reliable Supply Of Functional Tissues 20 
4.1.2 Use Of Tissue Engineering Can Replace The Animal Testing Model 20 
4.1.3 Approaching Towards Its Cost-Effectiveness 20 
4.2 Barriers 21 
4.2.1 Shortage Of Donor Organ 21 
4.2.2 Scaling Up Of A Specific Cell 21 
4.3 Opportunity 21 
4.3.1 Growing Geriatric Population Presents Significant Growth Opportunity 21 
4.3.2 High Demand Of Tissue Engineering In Cosmetic And Reconstructive Surgery 21 
4.4 Mega Trends 22 
4.5 Macroeconomic Indicators 22

CHAPTER 5. MARKET FACTOR ANALYSIS

5.1 Porter’s Five Forces Analysis 24 
5.1.1 Threat From A New Entrant 24 
5.1.2 Bargaining Power Of Buyer 25 
5.1.3 Bargaining Power Of Supplier 25 
5.1.4 Threat From Substitute 26 
5.1.5 Intensity Of Competitive Rivalry 26 
5.2 Supply Chain Analysis 26 
5.2.1 Raw Material 27 
5.2.2 Supplier 27 
5.2.3 Manufacturer 28 
5.2.4 Distributer 28 
5.2.5 Customer-Retailer 29 
5.2.6 Consumer 29 
5.3 Pricing Analysis 30 
5.4 Investment Opportunity Analysis 31 
5.4.1 Market Size, Growth Rate, And Profitability 31 
5.4.2 Investment Risks 31 
5.4.3 Market Outlook 31 
5.4.4 Competitors 31 
5.4.5 Projections 32 
5.5 Merger And Acquisition Landscape 32

…CONTINUED

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