Scaffold Technology Market Trends

  • Report ID: 6342
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Scaffold Technology Market Trends

Growth Drivers

  • Advancements in cell culture techniques: Tissue engineering and cell therapy have a lot of opportunities attributed to improvements in 2D to 3D cell culture techniques. With higher rates of tissue regeneration, reparative, and anti-inflammatory effects after transplantation, spheroids increase the effectiveness of mesenchymal stem cells. The use of 3D scaffold cultures has benefited from this. In September 2023, Curi Bio launched two new platforms namely Nautilus and Stringray, aiming to help researchers study electrophysiology in both 2D and 3D cell cultures.
  • Increasing usage of electrospun nanofiber scaffolds: The prevalence and associated complications with musculoskeletal and orthopedic are increasing worldwide. This demand for orthopedic engineering of tissues will act as a prominent factor for the development of scaffold technology revenue share. According to the Multidisciplinary Digital Publishing Institute (MDPI) in August 2023, electrospun scaffolds offer various advantages such as uniformity, structural flexibility, high surface area-to-volume ratio, compositional diversity, exceptional porosity, and many more. Additionally, the soft tissue repair market revenue has increased tremendously augmented by the influenced adoption and growing use of scaffold technology.

Challenges

  • Safety risk: One of the main challenges facing the scaffold technology industry is the safety risks that come with installing and operating scaffolds. This also has to follow safety measures coupled with several environmental regulations which can add up the cost of these scaffold projects. Furthermore, accidents and injury incidents affect trust in scaffold solutions, resulting in increased scrutiny, liability worries, and resistance to implementing cutting-edge scaffold technologies, which hinders market expansion and utilization.

Scaffold Technology Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

10.7%

Base Year Market Size (2023)

USD 1.5 billion

Forecast Year Market Size (2036)

USD 5.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia-Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Radhika Pawar


  • Report ID: 6342
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the scaffold technology market was USD 1.5 billion.

The market size of the scaffold technology landscape is projected to cross USD 5.1 billion by the end of 2036 expanding at a CAGR of 10.7% during the forecast period i.e., between 2024-2036.

The major players in the market are Evonik, Tecan Trading AG, REPROCELL Inc., Matricel GmbH, 3D Biomatrix, Vericel Corporation, Merck KGaA, Avacta Life Sciences Limited, Nanofiber Solutions, and others.

In terms of type, the hydrogels segment is anticipated to garner the largest market share of 40.2% by 2036 and display substantial growth opportunities during 2024-2036.

The market in the North America region is projected to hold the largest market share of 46.9% by the end of 2036 and provide more business opportunities in the future.
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