Tissue Engineering: The Combination of Cells & Engineering–A Global Market Overview
Hyderabad - A new global market report from the multi industry focused market research firm Industry Experts reveals that the market for Tissue Engineering is projected to touch US$27 billion by 2018 from an estimated US$6.6 billion in 2008, witnessing an healthy CAGR of 15%. Advancements of novel therapies in the fields of tissue engineering and regenerative medicine have opened up new avenues for addressing a range of major diseases such as cancer; skin; cardiovascular conditions; urology; dental; neurological disorders including Alzheimer’s and Parkinson’s; and other. Engineered tissues can be successfully constructed through the recreation of a biologically active extracellular environment in which the product can be developed. These technologies offer new hope for medical progress, and the economies of emerging nations have recognized the potential of tapping into these fast emerging fields to gain maximum mileage. The global market for the therapeutic areas of Tissue Engineering