Middle East & Africa Scaffold Technology Market Size & Outlook
Middle East & Africa scaffold technology market, 2018-2030 (US$M)
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MEA scaffold technology market highlights
- The MEA scaffold technology market generated a revenue of USD 60.8 million in 2023.
- The market is expected to grow at a CAGR of 14.6% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 60.8 million |
| Market revenue in 2030 | USD 157.4 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Hydrogels |
| Fastest growing segment | Micropatterned Surface Microplates |
| 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, MEA region accounted for 3.1% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Scaffold Technology Market Scope
Scaffold Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 41.28% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
In the current scenario, MEA scaffold technology market is observed to account for the lowest share as it is in a nascent stage. This low share is due to lack of funds for healthcare research and unavailable skilled personnel & advanced technologies.
Furthermore, the presence of ethical, social, and legal barriers regarding cell-based therapies, especially stem cell-based, significantly restrict growth in the region. However, workshops offered by companies on 3D cell culture are expected to improve growth of scaffold technology market in this region over the forecast period.
The adoption of an intermediate national policy by Iran and Turkey is expected to impart considerable market growth. These policies encourage stem cell research and allow the use of existing hESC lines for search purposes.
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Our clientele includes a mix of scaffold technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa scaffold technology market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa scaffold technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA scaffold technology market size, by country, 2018-2030 (US$M)
Middle East & Africa Scaffold Technology Market Outlook Share, 2023 & 2030 (US$M)
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