Robust Growth in Asia-Pacific Drives Global Tissue Engineering Market to Reach 57 Billion by 2024 - Market Report (2018-2024) by Industry Experts, Inc.
Industry Experts, Inc. published an updated 2019 version of market research report " Tissue Engineering: Technologies and Therapeutic Areas – A Global Market Overview ". As per the new report, the global market for Tissue Engineering is led by North America, estimated at US$9.6 billion in 2018, which is expected to maintain a CAGR of 16.2% between 2018 and 2024 and reach a projected US$23.6 billion by 2024. Organs developed using Tissue Engineering are highly durable and efficient, with applications gaining ground in areas, such as surgical manipulation of tissues and prosthetics for cardiac, cancer and orthopedic uses. The technology has reached a stage where the products offer a reduced rate of rejection by the body, which would further propel the market for Tissue Engineering. Though North America is the leading global region for revenues garnered from Tissue Engineering, Asia-Pacific is likely to outpace all other regions by posting the fastest CAGR over the analysis p...