The analysts of Healthcare Intelligence Markets have thoroughly examined the Global Tissue Engineering Market and have anticipated that the market will grow at a CAGR of +9% during the forecast period 2018 To 2026
Tissue Engineering is a procedure that involves in-vitro growth of the tissues or organs. It is done to replace or support the functions of defective or injured body part. Tissue engineering involves the application of biology and engineering for innovation of tissue substitutes that can maintain, restore and augment the functions of ruptured human tissue. The products that are developed by this procedure are very efficient and durable. Tissue engineering is gaining its popularity in various sectors such as burn treatment or wound care, neurology products, orthopedics, urological products and others.
The rise in the cost of organ transplantation is one of the major key drivers that is driving the development of the tissue engineering market.
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The Tissue Engineering Market provides its segmentations by application such as orthopedics, musculoskeletal & spine, neurology, cardiology & vascular, skin & integumentary and others. Along with this, it also provides an in-depth analysis of the prominent factors that influence the market which includes drivers, opportunities, trends and industry-specific challenges.
Some of the players operating in the tissue engineering market are Zimmer Biomet, Medtronic, Acelity, Organogenesis, Athersys, Stryker, RTI surgical, Integra LifeSciences, Advanced Cell Technology, CryoLife, Sanofi, BioMimetic Therapeutics, StemCellsInc, LifeCell Kinetic Concepts, Cook Biotech, Arteriocyte among the others.
Integra LifeSciences has come up with its new invention named CUSA Clarity, the next generation in ultrasonic tissue ablation that delivers enhanced performance to optimize quick and safe debulking of fibrous tissue with a 50% upsurge in fibrous tissue removal rate. Only CUSA has Tough Tissue Technology which combines four components into one integrated system to provide the power and precision needed to maximize surgical performance.
A number of varied applications in this technology like the wound care followed by orthopedics applications has been driving the growth of this market tremendously. But due to the high costs involved in the procedures and the increase in the biological complexity of the tissues restraining the growth of the market. On the other hand, the dental and neurologic applications are also helping to develop the tissue engineering market in the near future.
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o Synthetic Materials
o Biologically Derived Materials
• By Application
o Musculoskeletal & Spine
o Cardiology & Vascular
o Skin & Integumentary
• By Region
o North America
o Asia Pacific
The market report provides both, qualitative and quantitative research of the market, as well as provides worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their headquarter, competitors, product/service type, application and specification, pricing, and gross margin.