Tissue Engineering Market
Tissue engineering is a scientific field majorly focused on the development of tissue and organ substitutes by controlling biophysical, biological, and/or biomechanical parameters in the laboratory. Tissue engineering has emerged as a rapidly expanding approach to address shortage of organs in transplantation procedures and is a major component of regenerative medicine. The general principles of tissue engineering involve combining living cells with a synthetic or natural support or scaffold to build a three dimensional living construct that is structurally, functionally, and mechanically equal to or better than the tissue that is to be replaced. The primary goal of tissue engineering is to activate the body's lost regenerative abilities and, if necessary, to replace damaged tissue with tissue implants. Due to the particular technical difficulties, the generation of tissue constructs requires particularly close collaboration by physicians, cell biologists, materials scientists and engineers. The main goal of tissue engineering is the development of functional substitutes for damaged tissue. It is estimated that the majority of tissue engineering products are used to treat injuries and congenital defects, while tissue engineering products are less commonly used to treat disease.
Market Dynamics
Increasing adoption of inorganic growth strategies by key players in market such as acquisitions is expected to drive market growth over the forecast period. For instance, in October 2021 3D Systems, an engineering company provides comprehensive products and services, including 3D printers, print materials, software, on-demand manufacturing services, announced the acquisition of Volumetric Biotechnologies, a Houston-based biotech company. Volumetric’s mission is to develop the ability to manufacture human organs using bioprinting methods. Through this acquisition, 3D Systems plans to establish a world-class research capability in Houston, Texas, related to life sciences.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
*Browse 21 market data tables and 24 figures on "Global Tissue Engineering Market” - forecast to 2030
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