Brazil Scaffold Technology Market Size & Outlook
Brazil scaffold technology market, 2018-2030 (US$M)
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Brazil scaffold technology market highlights
- The Brazil scaffold technology market generated a revenue of USD 54.3 million in 2023 and is expected to reach USD 143.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.9% 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 54.3 million |
| Market revenue in 2030 | USD 143.1 million |
| Growth rate | 14.9% (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, Brazil accounted for 2.7% 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 Latin America, Brazil scaffold technology market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 143.1 million by 2030.
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Scaffold Technology Market Scope
Scaffold Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 41.44% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil dominated Latin America scaffold technology market accounting with a revenue share of more than 40% in 2020. The successful development of regenerative medicine in Brail, with a considerable amount of healthcare funding, supports the development of regenerative medicine, subsequently boosting the use of scaffold technology.
The country aims to initiate more studies and foster Brazilian stem cell projects. In 2016, Brazil had 27 stem cell studies in clinical trials. It concentrates on niche areas in regenerative medicines, such as neurology, orthopedics, and cardiology, thereby allowing involved entities to build domestic expertise and initiate developments in clinical applications.
In addition, the policymakers in the country have redesigned innovation laws to encourage ties between researchers and the industry. As reported in January 2019, the country laid down a regulatory path for advanced therapies in line with the regulatory framework of Anvisa.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil scaffold technology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil scaffold technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil scaffold technology market size, by type, 2018-2030 (US$M)
Brazil Scaffold Technology Market Outlook Share, 2023 & 2030 (US$M)
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