Tissue engineering and regeneration market can be divided into synthetic, genetically modified, and biological materials depending on the type of material used. The tissue engineering and regeneration market can be divided based on technique into immunoisolation, cell culture, and stem cell segments.
The orthopaedic and dermal sectors of the tissue engineering and regeneration industry have the greatest markets based on their applications. Due to the enormous number of elderly individuals and growing demand for such treatments in the region, North America currently controls the majority of the global market for tissue engineering and regeneration.
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Compared to Asia, Europe is predicted to grow more slowly. This is a result of the region’s stricter laws and regulations. In the international market for tissue engineering and regeneration, Asia is anticipated to rise quickly. The growing patient pool and greater awareness in these areas are two major factors propelling the tissue engineering and regeneration industry in emerging nations.
The global tissue engineering and regeneration market is being driven by the rising cost of organ transplantation and the expanding number of medical applications for 3D printing in tissue and organ regeneration. Additionally, this technique is becoming more and more well-liked thanks to its effective products and low rejection rates.
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Globally, number of regeneration surgeries performed is increasing every year. According to Clearpoint Medical, which is involved in designing, manufacturing and distribution of compression wear, in 2013, in the U.S., number of reconstruction procedures performed increased by 2% from that in year 2012 and reached a number of about 5.6 million. However, due to slow development, high costs involved in procedure and increasing biological complexity of tissue engineering and regeneration procedures, the global tissue engineering and regeneration market is expected to impede.
Recent developments in the field of regeneration surgeries, particularly stem cell research, is expected to offer new opportunities for global tissue engineering and regeneration market. Big companies dealing in the market have been involved in partnerships, mergers and acquisitions with smaller companies.
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Key points covered in the report
Report segments the market on the basis of types, application, products, technology, etc (as applicable)
The report covers geographic segmentation
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- North America
- Europe
- Asia
- RoW
The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
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