About Tissue Engineering and Organ Regeneration
Exploring technological innovations to enhance the healthcare of the ageing and ailing populations is a global problem. Tissue engineering and regenerative medicine have steadily grown into a potential strategy to meeting future patient demands, among a variety of ways toward this objective. Tissue engineering mixes cells, scaffolds, and growth factors to regenerate or replace damaged or diseased tissues, whereas regenerative medicine combines tissue engineering with other techniques to induce tissue/organ regeneration, such as cell-based treatment, gene therapy, and immunomodulation. Every year, thousands of people die requiring organ transplant, and many more are afflicted by damaged organs. As a result of their inability to move and walk, people with spinal cord injuries face a slew of severe health difficulties. All these factors have facilitated the demand for Tissue Engineering and Organ Regeneration globally.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Integra LifeSciences (United States), CryoLife Inc. (United States), LifeCell International (India), Kinetic Concepts Inc. (United States), Sanofi Genzyme (United States), Cook Biotech (United States), BioMemetic Therapeutics (United States), Osiris Therapeutics (United States), StemCells Inc (United States) and Tengion (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are NuVasive (United States), Vericel Corporation (United States) and Cytori Therapeutics (United States).
Segmentation Overview
AMA Research has segmented the market of Global Tissue Engineering and Organ Regeneration market by Type (Tissue-engineered Products, Cell Therapies (Autologous Therapies, Allogenic Therapies), Gene Therapies and Progenitor & Stem Cell Therapies), Application (Musculoskeletal, Oncology, Wound Care, Dental, Ocular and Other Applications) and Region.
On the basis of geography, the market of Tissue Engineering and Organ Regeneration has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospitals will boost the Tissue Engineering and Organ Regeneration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Advance Treatment Procedures
Market Growth Drivers:
Prevalence of Chronic Diseases and Cancer, Increasing Array of Regenerative Medicine Products and Rising Investments in Regenerative Medicine R&D
Challenges:
Fierce Competitive Pressure and Market Penetration Across New Regions
Restraints:
Lack of Trained Professionals and Costly Procedures
Opportunities:
Growth in Healthcare Infrastructure Across Nations and Surge in Demand among Developing Regions
Market Leaders and their expansionary development strategies
On 11th November, 2020 - Stryker Completed Its Acquisition of Wright Medical, Stryker's Trauma and Extremities Division Will Benefit from Wright Medical's Related Product Range and Client Base. Wright's Global Market Position in Trauma and Extremities Will Be Strengthened as A Result of This Purchase. and On 15th April, 2021 - Surrozen and Consonance-HFW Acquisition Corp. Announcd Collaboration Agreement, Surrozen's Pipeline of Lead Wnt-Modulating Antibody Products Will Be Advanced into Phase 1B With the Revenues from The Business Combination, And Pre-Clinical Research and Development Initiatives for Additional Products Will Be Continued.
On 24th February, 2020 - Integra LifeSciences Launched “AmnioExcel” Plus Placental Allograft Membrane. The New AmnioExcel Plus is A Next-Generation, Thicker, Tri-Layer, Non-Side Specific Allograft Made Up of Amnion, Chorion, And Amnion Layers That Helps to Heal Difficult Wounds.
Key Target Audience
Tissue Engineering and Organ Regeneration Products Manufactures, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.