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Scaffold technology is a branch of tissue engineering. A scaffold is an extracellular material that provides biological, mechanical, and chemical support. The material acts as a template for the new tissue during its formation. Scaffold technology is used to perform 3D culture assays which includes cell to matrix interactions, transfections, cell to cell interactions and, cell migration assays. The scaffolds are mostly made up of aluminium or steel which are permanent or temporary types of materials. The growth of regenerative technology, which is attributed to the growth of scaffold technology has led to the development of bio-scaffolds.
The growth of this market is attributed to the strong surge in the demand for organ transplant and reconstruction procedures globally. The rise in the number of patients with significant non-functioning organs is also driving the market. Furthermore, increase in R&D initiatives on the design of a 3D matrix that is based on 3D substrates is also enabling the market growth. An increase in advancements in tissue engineering and investment by biotechnology companies in the development of new products is also providing new opportunities in the scaffold technology market.
However, various results obtained with various developments associated with scaffold-free techniques for multi-dimensional cell culturing and matrix-based cellular 3D cellular models are restricting the growth of this market.
Key Market Driver -
Increased demand for organ transplant procedures to drive the market growth
Key Market Restraint -
Emerging scaffold-free techniques for cell culturing is expected to hamper the market growth
Globally, the scaffold technology market can be segmented on the basis of type, material, application, end user and region. Based on type, the market can be segmented into hydrogels, polymeric scaffolds, micropatterned surface microplates, nanofiber based scaffolds. Based on material, the market can be segmented into bio-inert, bioresorbable and bioactive. Based on application, the market can be segment into drug development, tissue culture, disease treatment, and stem cell research & regenerative technology. Based on end user, the market can be segmented into biotechnology & pharmaceutical companies, academic institutes & research laboratories, and hospital & diagnostic centres. Geographically, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The major companies in the global scaffold technology market report include Merck KGaA, Thermo Fisher Scientific, Inc., Becton Dickinson and Company, Tecan Trading AG, 3D Biotek LLC, Medtronic, Allergan, Molecular Matrix, Inc., Akron Biotech, and other prominent players.
North America dominates the scaffold technology market. The dominance of this region is due to the presence of prominent market players, R&D initiatives in scaffold technology and advancements in healthcare infrastructure, and growth in stem cells research.
Asia Pacific market is expected to witness lucrative growth. This growth is attributed to the presence of various government initiatives in key countries. The government organizations in this region highly emphasize on stem cell research and regenerative medicines. In emerging countries like India, the Ministry of Science and Technology, and the Indian Council of Medical Research focus on stem cell research and regenerative medicine. Furthermore, the research is being undertaken by the National Centre for Cell Science in stem cell biology and other advanced therapy areas. The Latin America and Middle East & Africa region is expected to witness a slow growth owing to the lack of R&D initiatives in these regions. Furthermore, the key players of the global market have slowly started to enter into the region’s untapped market, thus leading to a slow growth of this market in Latin America, and the Middle East and Africa.
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