GMI Scaffold Technology Market share research by appli | Page 2

Browse key industry insights from the report “Scaffold Technology Market Size,
Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France,
China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia), Application
Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 –
2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/scaffold-technology-market
Biotechnology and pharmaceutical organizations accounted for the largest revenue
share of the scaffold technology market end-user segment due to rise in the acceptance
rate in drug discovery method for pharmacokinetic and pharmacodynamic reporting.
Hospitals and diagnostic centers are expected to increase the number of surgical
procedures annually due to the growing number of accident cases, which contribute for
most of the implantation surgery.
U.S. scaffold technology market contributed for the major revenue share in 2016 owing
to the factors such as increasing healthcare expenditure, well-developed healthcare
system and increasing investment in R&D. In the U.S. and Canada, Layher is the
authorized North American trader of scaffolding products. Asia Pacific is expected to
grow at a significant rate due to the upcoming advancement in the developing
economies coupled with increasing awareness among healthcare professionals about
the technology. The developments include use of innovative platforms equipped with
microfabrication tools for surgical procedure that integrate the use of biomaterials.
Some of the companies operating in this industry include Merck, Thermo Fisher
Scientific, Tecan Trading, 3D Biotek, Xanofi, Molecular Matrix, Pelo Biotech, ReproCELL,
Matricel, Becton and Dickinson, Corning, Avacta Life Sciences, Akron Biotech, Molecular
Partners, 4titude, 3D Biomatrix, NuVasive, Medtronic, Vericel, Acelity and Nanofiber
Solutions. The companies are preserving their position in the industry through the
extension of their distribution network, product portfolio expansion and partnerships
with other firms.
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