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 |
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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.
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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