(MENAFN- EIN Presswire)
The scaffold technology market was valued at $1.02 billion in 2021, and is estimated to reach $5.09 billion by 2031, growing at a CAGR of 18% from 2022 to 2031.
PORTLAND, OREGON, UNITED STATES, August 29, 2022 /EINPresswire.com / -- According to a new report published by Allied Market Research, titled,“Scaffold Technology Market ,' The scaffold technology market was valued at $1.02 billion in 2021, and is estimated to reach $5.09 billion by 2031, growing at a CAGR of 18% from 2022 to 2031.
Download Free Sample Report:
Rise in demand for 3D cell cultures in comparison to 2D cell culture, increase in usage of biomaterials, and growth of technological advancements of scaffold technology drive the growth of the scaffold technology market. However, high costs associated with implementation and emergence of scaffold-free technology for cell culturing are expected to hamper the growth of the market. On the contrary, increase in expenditure on R&D by governments in developing countries has growth potential in these countries.
Scaffolds mimic the extracellular matrix of the native tissue, recapitulating the in vivo milieu and allowing cells to influence their own microenvironments. They usually serve purposes such as allow cell attachment and migration, deliver & retain cells and biochemical factors, and exert certain mechanical & biological influences to modify the behavior of the cell phase.
In addition, scaffold can act as a delivery vehicle for exogenous cells and matrix for cell adhesion to facilitate certain unit cell processes (for example, mitosis, synthesis, migration) of cells in vivo or for cells seeded in vitro. It also serves as a barrier to prevent the infiltration of surrounding tissue that may impede the process of regeneration. Scaffold technology technique is gaining popularity in the healthcare research sector, owing to increased demand for body reconstruction procedures and tissue engineering.
Enquiry for Short-term and Long-term Impacts of COVID-19 at:
COVID-19 scenario analysis:
1) The COVID-19 impact on the Scaffold technology market is unpredictable and is expected to remain in force till the fourth quarter of 2021.
2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.
3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.
4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.
The key players that operate in the global scaffold technology market are:
3D Biotek LLC,
Bico Group,
Agilent Technologies, Inc. (Biotek),
BioVison Incorporated,
Corning Incorporated,
Merck KGaA (Sigmaaldrich),
PromoCell GmbH,
Reprocell,
Incorporation,
Synthecon,
Incorporated, and
Thermo Fisher Scientific Inc.
Buy Now In a Single Click:
In addition, surge in incidences of cancer has led the government to increase the funding and grants for R&D in the field of cancer, which may have a positive impact on the scaffold technology market trends. Moreover, strategic expansion of biotechnological and pharmaceutical companies has led to launch of advanced products, which is expected to augment the market growth in the coming years.
The report provides a comprehensive analysis of the key players that operate in the global scaffold technology market. The key companies profiled in the report include 3D Biotek LLC, Advanced Biomatrix, Inc., Agilent Technologies, Inc. (Biotek), BioVison, Incorporated, Corning Incorporated, Merck KGaA (Sigmaaldrich), PromoCell GmbH, Reprocell, Incorporation, Synthecon, Incorporated, and Thermo Fisher Scientific Inc.
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of 'Market Research Reports' and 'Business Intelligence Solutions.' AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
MENAFN29082022003118003196ID1104776184
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.