According to the recent research report titled ‘Scaffold Technology Market Size, Share, Trends and Industry Analysis Report, By Product Type (Polymeric, Hydrogels, Micropatterned surface Microplates, Freeze Embryo Testing and Nanofiber- based); By Application; By End-use and By Regions: Segment Forecast 2019-2026’, available with Market Study Report, global scaffold technology market is projected to record a valuation of USD 1484.4 million by the year 2026.
 

Surging pervasiveness of cancer across the globe, and patient preference for minimally invasive procedures for treatment are the primarily factors bolstering the growth of global scaffold technology market.
 

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Numerous research endeavors with focus on regenerative med-tech with 3D cell application for organ transplant and repairing damaged tissues are gaining traction in recent time, which along with surge in elderly population who are susceptible to organ failures are further augmenting the worldwide scaffold technology market outlook.
 

Speaking of product terrain, the marketplace is categorized into nanofiber-based scaffolds, freeze embryo testing, micro patterned surface microplates, hydrogels, and polymeric scaffolds. Various applications of scaffold technology are tissue engineering & clinical application, cancer, stem cell research, drug development, and others. While the end-user spectrum includes hospital & diagnostics center, biotechnology & pharmaceutical organizations, and research laboratories & institutes among others.
 

Moving on to geographic dashboard, North America dominated the worldwide scaffold technology industry share in the recent past, with massive cancer patient based in the region. As per the WHO, approximately 9.6 million deaths due to cancer were recorded in 2018. Also, inflowing investments towards R&D of this technology is positively swaying the market dynamics.
 

Meanwhile, Asia Pacific is poised to emerge as lucrative growth avenue for scaffold technology market over 2019-2026, attributable to rising trend of smoking & alcohol abuse leading to prevalence of cancer in the region. Besides, improved awareness about benefits of organ transplant, and focus of authorities towards enhancing medical infrastructure are propelling the APAC scaffold technology market growth.
 

Major industry players profiled in the report are Molecular Matrix Inc., Tecan Trading AG, Marticel GmbH, REPROCELL Europe Ltd., NuVasive Inc., Nanofiber Solutions Inc., Avacta Life Sciences Ltd., Becton, Dickson & Company (BD), Corning Inc., Pelobiotech Gmbh, 3D Biotek LLC, Thermo Fisher Scientific Inc., and Merck & Co. Inc.