U.S. Scaffold Technology Market to Hit Around USD 2,412.57 Mn by 2033

U.S. Scaffold Technology Market to Hit Around USD 2,412.57 Mn by 2033

U.S. Scaffold Technology Market Size and Research

The U.S. scaffold technology market size was exhibited at USD 674.65 million in 2023 and is projected to hit around USD 2,412.57 million by 2033, growing at a CAGR of 13.59% during the forecast period 2024 to 2033.

Download Free Sample Copy for Better Understanding@ https://www.novaoneadvisor.com/report/sample/8587

driven by increased demand for 3D cellular models, body reconstruction procedures, and advancements in nanofiber-based scaffold technologies. This growth is fueled by the replacement of animal models in drug testing and rising need for medical solutions.

U.S. Scaffold Technology Market Key Takeaways:

  • Hydrogels dominated the market in 2023, accounting for 41.90% of the total revenue generated.
  • Nanofiber based scaffolds are projected to experience the fastest growth during the forecast period
  • The orthopedics, musculoskeletal, & spine segment led the segment in 2023 with over 50.15% of the total revenue share.
  • The neurology segment is anticipated to witness the highest CAGR over the forecast period.
  • The stem cell therapy, regenerative medicine, & tissue engineering segment held the largest share in the market in 2023 at over 65.45% of the revenue earned.
  • The application of scaffold technology in drug discovery is expected to experience lucrative demand from 2024 to 2033.
  • Biotechnology and pharmaceutical organizations led the segment in 2023 with over 45% of the total revenue share.
  • Hospitals and Diagnostic Centers are anticipated to be the fastest-growing segment from 2024 to 2033.

The U.S. scaffold technology market dominated the global scaffold technology market in 2023, generating over 30% of the total revenue share. One major driving factor is the increasing demand for 3D cellular models in translational research. These models offer a more accurate representation of biological systems compared to traditional 2D cell cultures, eliminating the need for animal models in drug testing. This growing demand for scaffold technology that supports proper cell growth during 3D cell culturing is propelling market expansion.

Another factor contributing to market growth is the increasing demand for body reconstruction procedures and tissue engineering. Scaffold technology plays a crucial role in enabling biomimetic tissue constructs, which find applications in 3D organotypic structures, organ transplantation, and other medical procedures. As the need for advanced medical solutions continues to rise, the revenue generated from scaffold technology applications in these areas is expected to increase.

Moreover, advancements in scaffold technology are a significant catalyst for market growth. Ongoing technological progress in tissue engineering leads to the development of innovative scaffold technologies, which in turn, boosts the market’s overall potential. These advancements not only improve the effectiveness of existing scaffold-based solutions but also pave the way for new applications and opportunities in the U.S. scaffold technology market.

The emergence of technologically advanced nanofiber-based scaffold technologies has become a major driving force for market growth. Integrating 3D printing with rapid development has significantly increased the popularity of these products. As a result, the scaffold technology market continues to expand, driven by continuous innovation and strategic partnerships within the industry. These developments not only enhance the effectiveness of scaffold applications but also contribute to the overall growth and competitiveness of the market.

U.S. Scaffold Technology Market By Type Insights

Hydrogels dominated the market in 2023, accounting for 41.90% of the total revenue generated. Their wide-ranging potential in medical fields and increased adoption in tissue engineering drove this growth. Hydrogels’ applications as cell transplantation carriers, drug depots, and restenosis barriers are expected to further propel the segment. Hydrogels’ significance in 3D cell cultivation and tissue engineering has been a key factor in their market leadership. The ongoing advancements in hydrogel microfabrication technology are anticipated to fuel the segment’s growth in the coming years.

U.S. Scaffold Technology Market By Disease Type Insights

The orthopedics, musculoskeletal, & spine segment led the segment in 2023 with over 50.15% of the total revenue share. Estimates suggest that nearly 60% to 67% of all annual unintentional injuries in the U.S. occur in the musculoskeletal system. Moreover, nearly 34 million surgeries on the musculoskeletal system are performed annually in the U.S. alone. According to the U.S. Medicare and Medicaid facility, there are around 900,000 surgeries every year that require bone reconstruction or replacement. These therapies involve use of autografts, where bone is isolated and grafted to damaged bone.

The neurology segment is anticipated to witness the highest CAGR over the forecast period. Approximately 65,000 individuals are diagnosed with Parkinson’s disease annually in the U.S., while the number of people living with Alzheimer’s reached around 6.2 million in 2021. The field of stem cell therapy and regenerative medicine has significantly transformed the outlook for previously considered incurable or irreversible neurodegenerative disorders.

U.S. Scaffold Technology Market By Application Insights

The stem cell therapy, regenerative medicine, & tissue engineering segment held the largest share in the market in 2023 at over 65.45% of the revenue earned. Moreover, the segment is anticipated to witness the fastest CAGR over the forecast period, as the implementation of scaffold technology in tissue engineering and other clinical applications is expected to increase in the near future owing to high usage of scaffolds in wound healing as well as in aesthetic surgeries, soft tissue tumor repair, abdominal wall repair, periodontology, and colorectal surgeries.

The application of scaffold technology in drug discovery is expected to experience lucrative demand from 2024 to 2033. The growing necessity for efficient and portable tools in the biomedical science domain, particularly for drug discovery and therapeutic development, has stimulated the demand for scaffold technology in this segment. The benefits of cultivating cells in a 3D environment using scaffolds are evident and are expected to contribute positively to the growth of the scaffold technology market in the upcoming years.

U.S. Scaffold Technology Market By End-use Insights

Biotechnology and pharmaceutical organizations led the segment in 2023 with over 45% of the total revenue share, primarily due to their high adoption during toxicity screening in drug development processes. In pharmaceutical companies, scaffolds function as implants for delivering drugs, cells, and genes into the body, facilitating drug discovery and cellular assay quantification. Their high drug-loading capacity and efficiency make scaffold matrices essential for targeted drug delivery. Moreover, scaffolds are utilized in joint pain inflammation, osteo chondrogenesis, diabetes management, heart disease treatment, and wound dressing. This versatile technology continues to expand its presence in diverse medical applications, highlighting its significance in the biotechnology and pharmaceutical industries.

U.S. Scaffold Technology Market By Recent Developments

  • In December 2023, Thermo Fisher Scientific Inc., a leading science-serving company, launched CorEvidence, a cloud-based data lake platform for optimizing pharmacovigilance case processing and safety data management. This platform enhanced CorEvitas clinical research registries, which are part of Thermo Fisher’s PPD clinical research business.
  • In August 2023, Nurami Medical received FDA 510(k) clearance for its electrospun, nanofiber-based ArtiFascia dura substitute, a resorbable dural repair graft for neurosurgery.
  • In July 2021, BD, a leading global medical technology company, acquired Tepha, Inc., a developer and manufacturer of resorbable polymer technology. This acquisition enhanced BD’s surgical mesh portfolio and expanded potential applications in soft tissue repair, reconstruction, and regeneration.

Some of the prominent players in the U.S. scaffold technology market include:

  • Thermo Fisher Scientific, Inc.
  • Merck KGaA
  • Tecan Trading AG
  • REPROCELL Inc.
  • 3D Biotek LLC
  • Becton, Dickinson, and Company
  • Medtronic
  • Xanofi
  • Molecular Matrix, Inc.
  • Matricel GmbH
  • Pelobiotech
  • 4titude
  • Corning Incorporated
  • Akron Biotech
  • Avacta Life Sciences Limited.
  • Vericel Corporation
  • NuVasive, Inc.
  • Allergan

Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to com

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the U.S. scaffold technology market

Type

  • Hydrogels

  • Wound Healing3D BioprintingImmunomodulation

  • Polymeric Scaffolds
  • Micropatterned Surface Microplates
  • Nanofiber Based Scaffolds

Disease Type

  • Orthopedics, Musculoskeletal, & Spine
  • Cancer
  • Skin & Integumentary
  • Dental
  • Cardiology & Vascular
  • Neurology
  • Urology
  • GI, Gynecology
  • Other Diseases

Application

  • Stem Cell Therapy, Regenerative Medicine, & Tissue Engineering
  • Drug Discovery
  • Other Applications

End-use

  • Biotechnology and Pharmaceutical Industries
  • Research Laboratories and Institutes
  • Hospitals and Diagnostic Centers
  • Other End-uses

Quick Buy This Premium Report From Here: https://www.novaoneadvisor.com/report/checkout/8587?

About US

Nova One Advisor is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Nova One Advisor has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

Connect with Us

Address: Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada

·??????? IND Address: 2nd Floor,Shreeleela Plaza, Baner Road, Pune, Maharashtra - 411045

·??????? Call: USA - +1 650 460 3308 | IND - +91 8793322019 | Europe +442080772818

[email protected]

要查看或添加评论,请登录

社区洞察

其他会员也浏览了