Asia Pacific Scaffold Technology Market Size & Outlook
Asia Pacific scaffold technology market, 2018-2030 (US$M)
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Asia Pacific scaffold technology market highlights
- The Asia Pacific scaffold technology market generated a revenue of USD 383.7 million in 2023.
- The market is expected to grow at a CAGR of 15% from 2024 to 2030.
- In terms of segment, hydrogels was the largest revenue generating type in 2023.
- Nanofiber Based Scaffolds is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 383.7 million |
| Market revenue in 2030 | USD 1,019.7 million |
| Growth rate | 15% (CAGR from 2023 to 2030) |
| Largest segment | Hydrogels |
| Fastest growing segment | Nanofiber Based Scaffolds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 19.4% of the global scaffold technology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,019.7 million by 2030.
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Scaffold Technology Market Scope
Scaffold Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 41.52% in 2023. Horizon Databook has segmented the Asia Pacific 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.
3D cell culture market in Asia Pacific is expected to witness the fastest growth over the forecast period, due to developing infrastructure and increasing awareness about upcoming technologies in healthcare. Asia Pacific comprises 60% of the world’s population.
Even a lower prevalence translates into a large number of patients, which is a leading factor driving the market. Increasing adoption of cell-based approaches in healthcare, growing geriatric population, and emergence of new market players are expected to further augment market growth.
The growth of Asia Pacific scaffold technology market is driven by presence of government agencies that focus on regenerative medicine and stem cell research. In India, the Ministry of Science and Technology and Indian Council of Medical Research focus on stem cell research & regenerative medicine.
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Our clientele includes a mix of scaffold technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific scaffold technology market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific scaffold technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific scaffold technology market size, by country, 2018-2030 (US$M)
Asia Pacific Scaffold Technology Market Outlook Share, 2023 & 2030 (US$M)
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