The U.S. tissue engineering market size was estimated at around USD 8.12 billion in 2023 and it is projected to hit around USD 28.66 billion by 2033, growing at a CAGR of 13.44% from 2024 to 2033.
Tissue engineering stands at the forefront of medical innovation, offering promising solutions for a wide array of healthcare challenges. In the United States, the tissue engineering market is experiencing significant growth, driven by advancements in regenerative medicine, increasing research and development activities, and a growing demand for personalized healthcare solutions. This overview delves into the key factors shaping the U.S. tissue engineering market landscape.
The growth of the U.S. tissue engineering market is driven by an advancements in biotechnology and regenerative medicine have led to the development of innovative tissue engineering techniques, such as 3D bioprinting and scaffold-based approaches, driving market expansion. Secondly, the rising incidence of chronic diseases, coupled with an aging population, has created a growing demand for tissue-engineered products and therapies to address unmet medical needs. Additionally, significant investments in research and development, both from public and private sectors, fuel continuous innovation and drive market growth. Furthermore, a supportive regulatory landscape, overseen by the Food and Drug Administration (FDA), ensures safety and efficacy standards are met, facilitating market access for tissue-engineered products.
The orthopedics, musculoskeletal, and spine sectors dominated the market in 2023, holding the largest revenue share of 60%. The increase in musculoskeletal disorders has fueled the adoption of tissue engineering as a crucial treatment method for orthopedic surgeons. This approach effectively addresses various disorders, ranging from meniscal deficits in young athletes to osteochondral abnormalities in the glenohumeral joint. The market is poised for further growth due to the implementation of diverse growth strategies by market players and the introduction of new products. For example, in October 2022, LifeNet Health presented its advanced allograft biologics for fusion at the North American Spine Society (NASS) 2022 Annual Meeting in Chicago. This included ViviGen MIS, the first viable cellular allograft delivery device designed for minimally invasive surgery.
The cardiology and vascular sector are projected to witness the fastest compound annual growth rate (CAGR) of 25.02% during the forecast period. The rapid growth of this segment is driven by the pressing need for innovative solutions in cardiac care. Tissue engineering holds promise in creating cardiac grafts and regenerating tissues without eliciting adverse effects such as immunogenicity. The utilization of advanced biomaterials, such as synthetic polymers like polyglycolic acid and polylactic acid, in cardiac tissue engineering has significantly contributed to this growth. These advancements facilitate the development of functional and viable engineered tissues, addressing challenges in cardiac care and propelling the swift expansion of tissue-engineered products in cardiology.
By Application
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on U.S. Tissue Engineering Market
5.1. COVID-19 Landscape: U.S. Tissue Engineering Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. U.S. Tissue Engineering Market, By Application
8.1.U.S. Tissue Engineering Market, by Application Type, 2024-2033
8.1.1. Cord Blood & Cell Banking
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Cancer
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. GI, Gynecology
8.1.3.1. Market Revenue and Forecast (2021-2033)
8.1.4. Dental
8.1.4.1. Market Revenue and Forecast (2021-2033)
8.1.5. Skin & Integumentary
8.1.5.1. Market Revenue and Forecast (2021-2033)
8.1.6. Urology
8.1.6.1. Market Revenue and Forecast (2021-2033)
8.1.7. Orthopedics, Musculoskeletal, & Spine
8.1.7.1. Market Revenue and Forecast (2021-2033)
8.1.8. Neurology
8.1.8.1. Market Revenue and Forecast (2021-2033)
8.1.9. Cardiology & Vascular
8.1.9.1. Market Revenue and Forecast (2021-2033)
8.1.10. Others
8.1.10.1. Market Revenue and Forecast (2021-2033)
Chapter 9. U.S. Tissue Engineering Market, Regional Estimates and Trend Forecast
9.1. U.S.
9.1.1. Market Revenue and Forecast, by Application (2021-2033)
Chapter 10. Company Profiles
10.1. Zimmer Biomet Holdings, Inc.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. AbbVie (Allergan)
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Becton Dickinson and Company
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. B. Braun
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Integra LifeSciences Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Organogenesis Holdings Inc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Medtronic
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. ACell, Inc.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Athersys, Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Tissue Regenix Group plc
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms