Global Tissue Engineering Market

Tissue Engineering Market Size, Share, Growth Analysis, By Product(Scaffolds (Synthetic Scaffolds, Biological Scaffolds (Collagen-Based Scaffolds, Hydrogel-Based Scaffolds, Stem Cell-Based Scaffolds), By Material(Synthetic Materials, Biologically Derived Materials), By Application(Orthopedic & Musculoskeletal Disorders, Dermatology & Wound Care, Dental Disorders, Cardiovascular Diseases), By End User(Hospitals, Specialty Centers & Clinics, Ambulatory Surgery Centers), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35H2236 | Region: Global | Published Date: October, 2024
Pages: 219 | Tables: 66 | Figures: 75

Tissue Engineering Market News

  • In August 2024, Organogenesis has now advanced a new class of wound healing product, which involves the use of sophisticated tissue-engineered skin, that has already received an FDA approval for marketing. The new product enhances acceleration of soft tissue healing, especially for chronic diabetic wounds by promoting enhanced tissue regeneration. The approval is of great importance in the company’s quest for growing its regenerative medicine portfolio. 
  • In September 2024, Stryker Corporation unveiled a new tissue engineering product aimed at improving cartilage repair in joint surgeries. The product leverages a combination of bioactive scaffolds and stem cell technology to promote tissue regeneration and reduce recovery times. Stryker’s approach offers promising advancements in orthopedic tissue engineering. 
  • In October 2024, Medtronic recently announced the launch of a next-generation bone graft substitute, designed to enhance tissue regeneration in orthopedic surgeries. The new product utilizes advanced biomaterials to support faster healing and greater patient outcomes. The objective of this innovation is to enhance the management strategies for treating bone defects and spinal injuries.
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FAQs

Global Tissue Engineering Market size was valued at USD 3.75 billion in 2022 and is poised to grow from USD 4.42 billion in 2023 to USD 13.74 billion by 2031, growing at a CAGR of 15.23% during the forecast period (2024-2031).

Global tissue engineering market is very competitive in nature and many of the companies are focusing on giving out solutions which are primarily regenerative in nature. Medtronic, Stryker Corporation, Zimmer Biomet, and Johnson & Johnson are all major competitors in the performance of quality biodegradable implants and regenerative medic. These companies also devote great proportions of their income to Research and Development and Consumer, and Corporate acquisitions to further expand the scope of their product offer. Also, the growing number of small biotech companies further adds to the competitive environment as they also encourage innovation especially in areas of stem cell treatments and personalization of tissue regeneration.  'Organogenesis Inc. ', 'Integra LifeSciences ', 'AbbVie Inc. ', 'MiMedx Group, Inc. ', 'Johnson & Johnson Services, Inc. ', 'Smith & Nephew PLC ', 'Baxter ', 'BD ', 'B. Braun SE ', 'Teijin Limited ', 'Institut Straumann AG ', 'Medtronic ', 'NuVasive, Inc. ', 'Stryker ', 'Terumo Corporation ', 'W. L. Gore & Associates, Inc. ', 'Zimmer Biomet ', 'TissueTech ', 'Collplant Biotechnologies Ltd. ', 'Sumitomo Pharma Co., Ltd. ', 'Matricel GmbH ', 'Mallinckrodt ', 'Regrow Biosciences Pvt. Ltd. ', 'Vericel Corporation ', 'Tecnoss S.R.L. ', 'Tegoscience ', 'Tissue Regenix'

Increased Adoption of 3D Bioprinting in Tissue Engineering: Revolutionizing tissue engineering, 3D bioprinting makes it possible to anatomize and construct complex tissue structures with precision. There is an upward rise in this trend appreciate due to improvements in printing technologies and biomaterials that allow for more idiosyncratic and functional tissues constructs which facilitates regenerative medicine further and shortens its products development cycle. 

North America dominates the global tissue engineering market due to its advanced healthcare infrastructure, significant investment in research and development, and strong presence of leading biotechnology and pharmaceutical companies. Strong investment in regenerative medicine is available in the region, due to both public programmes and private partnerships. It is also contributed by the current market needs and demands for more advanced treatment in orthopedics, skin and musculoskeletal tissues, among others. Furthermore, in North America, where there is a growing elderly population and an increasing number of chronic conditions, there is also a growing demand for efficacious methods of tissue engineering. Consequently, the region is also the first to embrace advances in tissue engineering owing to the presence of established policies as well as appropriate health care systems. 

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Global Tissue Engineering Market

Report ID: SQMIG35H2236

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