UK Scaffold Technology Market Size & Outlook, 2023-2030
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UK scaffold technology market highlights
- The UK scaffold technology market generated a revenue of USD 123.8 million in 2023 and is expected to reach USD 301.4 million by 2030.
- The UK market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, hydrogels was the largest revenue generating type in 2023.
- Micropatterned Surface Microplates is the most lucrative type segment registering the fastest growth during the forecast period.
Scaffold technology market data book summary
| Market revenue in 2023 | USD 123.8 million |
| Market revenue in 2030 | USD 301.4 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Hydrogels |
| Fastest growing segment | Micropatterned Surface Microplates |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrogels, Polymeric Scaffolds, Micropatterned Surface Microplates, Nanofiber Based Scaffolds |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Tecan Group AG, Becton Dickinson & Co, Medtronic PLC, Matricelf Ltd, Corning Inc, Avacta Group PLC, Vericel Corp, NuVasive, Allergan, ReproCELL, 3D Biotek, Xanofi, Molecular Matrix, Pelo Biotech, Azenta Life Sciences, Akron Biotechnology |
Other key industry trends
- In terms of revenue, UK accounted for 6.2% of the global scaffold technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany scaffold technology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 301.4 million by 2030.
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Scaffold Technology Market Scope
Scaffold Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Akron Biotechnology | View profile | 11-50 | Boca Raton, Florida, United States, North America | https://www.akronbiotech.com |
| Azenta Life Sciences | View profile | 1001-5000 | Burlington, Massachusetts, United States, North America | https://www.azenta.com |
| Pelo Biotech | View profile | 1-10 | Martinsried, Bayern, Germany, Europe | http://www.pelobiotech.com |
| Molecular Matrix | View profile | 11-50 | Davis, California, United States, North America | https://molecularmatrix.com |
| Xanofi | View profile | 11-50 | Raleigh, North Carolina, United States, North America | http://xanofi.com |
| 3D Biotek | View profile | 1-10 | Bridgewater, New Jersey, United States, North America | http://www.3dbiotek.com |
| ReproCELL | View profile | 51-100 | Yokohama, Kanagawa, Japan, Asia | http://reprocell.com |
| Avacta Group PLC | View profile | 113 | Unit 20, Ash Way, Thorp Arch Estate, West Yorkshire, Wetherby, United Kingdom, LS23 7FA | https://www.avacta.com |
| Matricelf Ltd | View profile | - | Golda Meir 3, Ness Ziona, Israel, 6701838 | https://www.matricelf.com |
| Tecan Group AG | View profile | 3591 | Seestrasse 103, Mannedorf, Switzerland, 8708 | https://www.tecan.com |
| Vericel Corp | View profile | 314 | 64 Sidney Street, Cambridge, MA, United States, 02139 | https://www.vcel.com |
| Corning Inc | View profile | 49800 | One Riverfront Plaza, Corning, NY, United States, 14831 | https://www.corning.com |
| Allergan | View profile | 10001+ | Madison, Wisconsin, United States, North America | http://www.allergan.com |
| NuVasive | View profile | 1001-5000 | San Diego, California, United States, North America | http://www.nuvasive.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
UK scaffold technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to scaffold technology market will help companies and investors design strategic landscapes.
Hydrogels was the largest segment with a revenue share of 41.6% in 2023. Horizon Databook has segmented the UK scaffold technology market based on hydrogels, polymeric scaffolds, micropatterned surface microplates, nanofiber based scaffolds covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past few years, 3D cell-based assays have been a crucial pillar in drug development to provide precise and cost-effective tools and eventually abolish the need for animal models. Emergence of scaffolds technology plays a critical role in 3D cell culture as 3D cellular model can mimic the in vivo environment experienced by diseased tissues.
Expansion of 3D cell culture applications in the UK, coupled with a developed regulatory framework, can result in significant growth. Furthermore, international collaborations between academic institutes and laboratory-based research firms, for accelerating the growth of healthcare system through 3D cell culture technology, emphasizes the requirement for development in scaffold technology, thereby providing scope for market growth in the coming years.
Moreover, various initiatives adopted by government and nongovernment organizations to sustain competition with countries, such as the U.S. and Japan, are expected to contribute to progression. For instance, the UK Stem Cell Foundation is a UK-based charity firm that funds stem cell research.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK scaffold technology market , including forecasts for subscribers. This country databook contains high-level insights into UK scaffold technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK scaffold technology market size, by type, 2018-2030 (US$M)
UK Scaffold Technology Market Outlook Share, 2023 & 2030 (US$M)
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