Asia-Pacific to Lead Global Tissue Engineering Market to Reach US$94 billion by 2022
Industry Experts has today released the new updated 2015 version of market research report on Tissue Engineering. As per the new report titles ‘ Tissue Engineering: Technologies and Therapeutic Areas – A Global Market Overview ‘, reveals that North America is expected to remain the largest market with US$43.5 billion in 2022 while Asia-Pacific is projected to be the fastest growing market with 2016-2022 CAGR of 26.5%. Despite being in existence for about two decades, the field of tissue engineering can still be assumed to be a developing discipline involving basic and applied multidisciplinary biomedical research. This subject utilization of the principles and methods employed in engineering and life sciences, which are then combined with clinical expertise with a focus on developing biological tissue substitutes that enable in restoring, maintaining or enhancing the function of diseased or damaged human tissues. Researchers from a wide range of disciplines have collaborated in foster