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Scaffolding technology market forecast to reach USD 5.09

PORTLAND, Ore., Aug. 15, 2022 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, scaffolding technology market will generate $1.02 billion in 2021 and is estimated to reach $5.09 billion by 2031, at a CAGR of 18.0% from 2022 to 2031. This report provides extensive analysis on changing market dynamics, top segments, value chain, competitive landscape, and Covid. -19 Pandemic effects. This report provides in-depth information to market players, stakeholders, investors, and start-ups as they devise strategies to achieve sustainable growth and gain a competitive advantage in the market. Offers.

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Report scope and details:

report coverage detail
Forecast period 2022–2031
base year 2021
Market size in 2021 $1.02 billion
Market size in 2031 $5.09 billion
CAGR 18.0%
number of pages in the report 254
Target segment Product Type, Type, Application, End User, and Region.
driver Growing demand for body reconstruction and tissue engineering
Proliferation of use of biomaterials
chance Technological advances in scaffolding technology
Increased spending on research and development by governments of developing countries
to bound High cost of implementation

Covid-19 Scenario:

  • A surge in research activity has created a huge demand for scaffold-based platforms for 3D cell culture. These cell cultures will help develop treatments against the Covid-19 virus. This demand has had a positive impact on market growth during the pandemic.
  • Inconsistent and interrupted supply chain activities along with shortage of human resources are expected to impact market growth.
  • Many research institutes and contract research organizations have suspended or deferred investments in stem cell research, cancer cell research, and regenerative medicine development where scaffold technology is used. This has had a negative impact on the scaffolding technology market.
  • As post-pandemic economic uncertainty eases, new investments will be made and market players will turn to scaffolding technology for drug discovery and other applications.

Get the detailed COVID-19 impact analysis on the Scaffolding Technology Market-

This study provides a detailed segmentation of the global scaffolding technology market based on product type, type, application, end user, and region. The study discusses the segments and sub-segments and identifies the highest revenue generating and fastest growing segments for market players and start-ups. The market size and its estimates for each segment and its sub-segments are provided in the report to identify the steps to be taken to achieve growth.

Based on product type, the natural scaffold segment is projected to hold the highest share in 2021, accounting for more than three-fifths of the total share, and maintain its leadership position during the forecast period. The scaffolding segment is expected to exhibit the highest CAGR of 19.0% from 2022 to 2031.

Based on type, the microporous scaffold segment is expected to account for the highest share in 2021, contributing to more than four-fifths of the global scaffold technology market, and maintain its lead in terms of revenue during the forecast period. increase. However, the solid scaffolding segment is expected to exhibit the highest CAGR of 18.8% from 2022 to 2031. The report also analyzes segments containing microporous scaffolds and nanoporous scaffolds.

Based on application, the cancer cell research segment is expected to contribute the highest share in 2021, accounting for about one-third of the global market, and dominate by 2031. 19.4% during the forecast period. The study also discusses areas such as stem cell research and drug discovery.

Based on end-users, the academic institutions segment will account for the largest share in 2021, contributing to more than one-third of the global scaffolding technology market, and is projected to maintain its dominance in terms of revenue in 2031. . The laboratory segment is expected to exhibit the fastest he CAGR of 18.6% during the forecast period. The report also analyzes the biotechnology and pharmaceutical companies segment.

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Based on region, North America will hold the highest share in 2021, accounting for about two-fifths of the global market and is expected to dominate by 2031. Forecast period. The study also analyzes regions such as Europe and his LAMEA.

Leading market players of the global scaffold technology market analyzed in the research include 3D Biotek LLC, Agilent Technologies, Inc. (Biotek), Bico Group, Corning Incorporated, BioVison Incorporated, PromoCell GmbH, Merck KGaA (Sigmaaldrich), Synthecon , Incorporated, Reprocell Incorporation, and Thermo Fisher Scientific Inc.

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“We have also published some syndicated market research in similar areas that may be of interest to you., given the impact of Covid-19 on this market, helps assess the pandemic’s sequelae to the short-term and long-term growth trends of this market. “

About Allied Market Research:

Allied Market Research (AMR) is the full-service market research and business consulting arm of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global corporations and small businesses with unparalleled quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insight and consultancy to help clients make strategic business decisions and achieve sustainable growth in their respective market domains. I have. AMR provides services across 11 verticals including: Life scienceConsumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductors & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We have professional corporate relationships with various companies that help us mine market data, generate accurate research data tables and help ensure the highest accuracy in our market forecasts. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and assist clients in every way possible to achieve success. All the data shown are extracted through primary interviews with heads of major companies in the domain concerned. Our secondary data sourcing methods include in-depth online and offline research and discussions with knowledgeable industry experts and analysts.

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