At present, more than 150 tissue engineering-based regeneration products, intended for use across various applications, are being offered by players located across different regions worldwide.
The global tissue engineering market size is projected to grow from USD 4.3 billion in 2024 to USD 12.7 billion by 2035, exhibiting a CAGR of 10.27% during the forecast period.
Majority (76%) of the tissue engineering-based skin regeneration product developers are presently based in North America, followed by those having headquarters in Europe and Asia. Most (46%) of the tissue engineering-based regeneration products are used for the wound healing process, followed by those intended for surgical healing and burn healing. It is worth highlighting that five products can be used for all four areas of applications
Most of the tissue engineering-based regeneration products are being fabricated from the human placental tissues; this can be attributed to the fact that human placental tissues grafts have shown excellent results in research.
Majority of the tissue engineering-based bone regeneration products are allografts, followed by the xenografts. Examples of tissue engineering-based bone regeneration products that are xenografts. Majority of the companies engaged in this domain are mid-sized players (9), followed by large firms.
In order to gain an edge in this competitive industry, companies are continuously upgrading their products to enrich their existing portfolio. The companies were ranked on the basis of their competitiveness scores, which was estimated by calculating the sum of individual weights of parameters and allotted scores for portfolio strength (in terms of number of products, target market, type of graft, area of application and material of scaffold.), partnership strength (in terms of number of partnerships, year of partnerships, and type of partnership) and funding strength (in terms of number of funding instances, amount of funding, year of funding and type of funding). Integra Lifesciences was ranked relatively higher among all the aforementioned companies. During the period 2018-2022, Integra Lifesciences inked 3 deals specific to tissue engineering-based regeneration products with various industry players, including both local and international agreements.
Research Methodology
Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection. The report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the Tissue Engineering Market.
Thank you for reading our report. Kindly get in touch with us to know more about the report or to receive a customized copy of it. Our team will ensure the report is tailored according to your needs.
To view more details on this report, click on the link
https://www.rootsanalysis.com/reports/tissue-engineering-market.html
About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.
We specialise in analysing areas which have lacked quality research so far or require more focused understanding within the broader industry. All our reports are structured in a way to enable the reader develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we also provide bespoke research / consulting services dedicated to serve our clients in the best possible way.
The research efforts are driven by a global team. The leadership team brings a wealth of experience within the sector. Their collective experience in pharmaceutical / affiliated domains allows us to tackle various areas of research in a structured way. We also regularly leverage our global network of experts who hold senior leadership positions in reputed firms and organisations worldwide.
Contact:
Roots Analysis
+1 (415) 800 3415
English