What is the global market size of Scaffold Technology Market?

Global Scaffold Technology Market size was valued at USD 1.02 billion in 2021 and is poised to grow from USD 1.2 billion in 2022 to USD 5.34 billion by 2030, growing at a CAGR of 18% in the forecast period (2023-2030).

Scaffold Technology Market Size, Share, Growth Analysis, By Type(Hydrogels, Polymeric Scaffolds, Micropatterned Surface Microplates, Nanofiber Based Scaffolds), By Application(Stem Cell Therapy, Regenerative Medicine, & Tissue Engineering, Drug Discovery), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35H2197 | Region: Global | Published Date: July, 2036
Pages: 157 | Tables: 67 | Figures: 75

Scaffold Technology Market News

In July 2022, Thermo Fisher Scientific Inc., the world leader in serving science, is showcasing innovative diagnostic technologies, assays, and a complement of solutions for researchers developing new diagnostics. The advanced tools and technologies enable improved flexibility and productivity for diagnostics development and support advanced allergy and autoimmune testing and drug monitoring
In March 2022, Akron BioProducts is a leading materials manufacturer and services provider to the regenerative medicine industry collaborate with Vor Bio for the development and cGMP Manufactures of Nucleases.

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Global Scaffold Technology Market size was valued at USD 1.76 billion in 2022 and is poised to grow from USD 2.00 billion in 2023 to USD 5.63 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).

There are several significant companies in the fiercely competitive Scaffold Technology Market. Few of the big competitors now control the majority of the market in terms of market share. The market is becoming more competitive overall due to the existence of significant players including Corning Incorporated, Lonza AG, Merck KGaA, and Thermo Fisher Scientific. 'Allevi', 'Thermo Fisher Scientific Inc.', 'Merck KGaA', 'Lonza Group AG', 'Avantor, Inc.', '3D Biotek LLC', 'Akzo Nobel N.V.', 'Bio-Rad Laboratories, Inc.', 'Cellink AB', 'Corning Incorporated', 'GE Healthcare Life Sciences', 'Greiner Bio-One International GmbH', 'Nano3D Biosciences, Inc.', 'PeproTech, Inc.', 'Promega Corporation', 'R&D Systems, Inc.', 'Scaffdex Oy', 'Sigma-Aldrich Corporation', 'STEMCELL Technologies Inc.', 'Takara Bio Inc.'

Growth of regenerative technology and expansion of its applications. Additionally, it is projected that an increase in accidents that result in organ damage would further fuel the demand for scaffold technology. Additionally, it is predicted that the ageing population will restrain the market's expansion for scaffold technology.

The development of synthetic scaffold materials with a focus on tissue engineering techniques has boosted the market for scaffold technology's growth potential. These advancements have been influenced at the same time by genetics, pharmaceuticals, and materials research. The demand for and supply of organs for transplantation in patients with end-of-life conditions is vastly out of balance. Regenerative medicine has therefore demonstrated tremendous promise for closing this gap.

Because of the presence of key market players, widespread acceptance of new technology, and an increase in stem cell and stem cell research projects, North America is the region that dominates the scaffold technology industry.

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Scaffold Technology Market Size, Share, Growth Analysis, By Type(Hydrogels, Polymeric Scaffolds, Micropatterned Surface Microplates, Nanofiber Based Scaffolds), By Application(Stem Cell Therapy, Regenerative Medicine, & Tissue Engineering, Drug Discovery), By Region - Industry Forecast 2024-2031

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