The Europe Tissue engineering market is expected to reach US$ 7,368.93 million by 2027 from US$ 2,798.86 million in 2019; it is estimated to grow at a CAGR of 13.2% from 2020 to 2027.
The key factors driving the market growth are the increasing incidences of chronic diseases, road accidents and trauma injuries and technological advancement in 3D tissue engineering. However, high costs associated to Tissue engineering process is the major factor hindering the Tissue engineering market growth in Europe.Tissue engineering is a procedure used as a blend of material methods and cellular activities. This approach explores the physicochemical and biochemical conditions to replace the biological tissues and strengthen them. It is an innovative technology that works either in isolation or in conjunction with the scaffolds, stem cells, regenerative medicine and growth factors or negotiators. The process utilizes molecular and cellular processes in combination with the principles of material engineering to surgically repair and restore tissue.
The rising incidence of chronic diseases as well as number of trauma injuries and road accidents are prime factors contributing to the growth of the market for advanced treatment procedures, such as tissue engineering. For instance, prevalence of diabetes is growing all across the European region among all the age groups. As per WHO’s statistics around 60 million people are suffering from diabetes in Europe region. Similarly, morbidity and mortality due to cancer is also rising in Europe, about 3.7 million new cancer cases and about 1.9 million deaths are reported each year due to various types of cancer. Tissue engineering provide alternative option to surgical reconstruction and transplantation in order to repair damaged tissues in these chronic diseases. The Europe tissue engineering market is primarily driven by a continued demand for successful regenerative therapies to treat rising cases of diabetes, obesity, and other chronic disorders caused by lifestyle changes; growing elderly population base; and increasing number of trauma injury cases.
Stryker Corporation, Organogenesis Inc., Cook Biotech Inc., Integra Life Sciences Corporation are among the major companies in Tissue engineering technology and material. In the Europe, due to an increasing number of COVID 19 infected patients, healthcare professionals and leading organizations are distracting the flow of healthcare resources from research & development to primary care, which is slowing down the process of innovation. Further, the COVID-19 pandemic spread is also hindering the conduct of clinical trials and drug development, and operations of diagnostic industry in the Europe. For instance, Stryker Corporation, a well-known player in the tissue engineering industry, has diverted operations to manufacture COVID-19 diagnostics and PPE kits. Moreover, according to a recent survey by Medscape in July 2020, substantial disruption has been witnessed in routine research activities that includes tissue engineering and regenerative medicines as a result of the COVID-19 pandemic. The rapid increase in the number of the infected patients in the Italy and Spain is likely to result in the slowdown of the market growth in the near future.
Germany Tissue engineering Market, Revenue and Forecast to 2027 (US$ Mn)
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EUROPE TISSUE ENGINEERING MARKET SEGMENTATION
EUROPE TISSUE ENGINEERING MARKET SEGMENTATION
By Material Type
- Biologically Derived Material
- Synthetic Material
- Others
By Application
- Orthopedic, Musculoskeletal and Spine
- Skin
- Cardiology and Vascular
- Neurology
- Others
By Country
- Germany
- France
- Italy
- U.k.
- Spain
Company Profiles
- Stryker Corporation
- Organogenesis Inc.
- Cook Biotech Inc.
- Integra Life Sciences Corporation
- Acelity L.P.Inc
- Allergan Plc.
- Medtronic
- Zimmer Biomet
- Baxter International Inc.
- DePuy Synthes (Johnson & Johnson Services, Inc.)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material Type, Applications, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Tissue engineering Market – By Material Type
1.3.2 Europe Tissue engineering Market – By Application
1.3.3 Europe Tissue engineering Market – By Country
2. Europe Tissue engineering Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Tissue engineering Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Tissue engineering Market - Europe PEST Analysis
4.3 Expert Opinion
5. Europe Tissue engineering Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Number of Road Accidents and Trauma Injuries, and Elevating Incidence of Chronic Diseases
5.1.2 Technological Advancements in the Field of 3D Tissue engineering
5.1.3 Government and Private sector funding
5.2 Key Market Restraints
5.2.1 High Cost associated with tissue engineering
5.3 Impact Analysis
6. Tissue engineering Market – Europe Analysis
6.1 Europe Tissue engineering Market Revenue Forecasts and Analysis
7. Europe Tissue engineering Market Analysis – By Material Type
7.1 Overview
7.2 Europe Tissue engineering Market, By Material Type 2019-2027 (%)
7.2.1 Europe Tissue engineering Market Material Type Segment Revenue and Forecasts to 2027, By Material Type (US$ Mn)
7.3 Biologically Derived Material
7.3.1 Overview
7.3.2 Europe Biologically Derived Material Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Synthetic Material
7.4.1 Overview
7.4.2 Europe Synthetic Material Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Other
7.5.1 Overview
7.5.2 Europe Other Material Type Market Revenue and Forecasts to 2027 (US$ Mn)
8. Europe Tissue engineering Market Analysis – By Application
8.1 Overview
8.2 Europe Tissue engineering Market, By Application 2019-2027 (%)
8.2.1 Europe Tissue engineering Market Revenue and Forecasts to 2027, By Application (US$ Mn)
8.3 Orthopedic, Musculoskeletal and Spine
8.3.1 Overview
8.3.2 Europe Orthopedic, Musculoskeletal and Spine Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Skin
8.4.1 Overview
8.4.2 Europe Skin Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Cardiology and Vascular
8.5.1 Overview
8.5.2 Europe Cardiology and Vascular Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Neurology
8.6.1 Overview
8.6.2 Europe Neurology Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. Europe Tissue engineering Market Revenue and Forecasts To 2027 – Regional Analysis
9.1 Europe Tissue engineering Market Revenue and Forecasts To 2027
9.1.1 Overview
9.1.2 Europe: Tissue Engineering Market - Revenue and Forecast to 2027 (USD Million)
9.1.3 Europe Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
9.1.4 Europe Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
9.1.5 Europe: Tissue Engineering Market, by Country, 2019 & 2027 (%)
9.1.6 Germany: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.1 Germany: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.2 Germany Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
9.1.6.3 Germany Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
9.1.7 UK: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.7.1 UK: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.7.2 UK Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
9.1.7.3 UK Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
9.1.8 France: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.1 France: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.2 France Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
9.1.8.3 France Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
9.1.9 Spain: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.9.1 Spain: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.9.2 Spain Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
9.1.9.3 Spain Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
9.1.10 Italy: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.10.1 Italy: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
9.1.10.2 Italy Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
9.1.10.3 Italy Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
10. Impact of COVID-19 Pandemic on Europe Tissue Engineering Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Stryker Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Organogenesis Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Cook Biotech Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Integra Life Sciences Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Acelity L.P.Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Allergan Plc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Medtronic
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Zimmer Biomet
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Baxter International Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 DePuy Synthes (Johnson & Johnson Services, Inc.)
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 Glossary of Terms
LIST OF TABLES
Table 1. Europe Tissue engineering Market Revenue and Forecasts To 2027, By Material Type (US$ Mn)
Table 2. Europe Tissue engineering Market Revenue and Forecasts To 2027, By Application (US$ Mn)
Table 3. Europe Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
Table 4. Europe Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 5. Germany Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
Table 6. Germany Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 7. United Kingdom Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
Table 8. United Kingdom Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 9. France Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
Table 10. France Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 11. Spain Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
Table 12. Spain Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 13. Italy Tissue Engineering Market, by Material Type – Revenue and Forecast to 2027 (USD Million)
Table 14. Italy Tissue Engineering Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. Glossary of Terms, Tissue engineering Market
LIST OF FIGURES
Figure 1. Tissue engineering Market Segmentation
Figure 2. Europe Tissue engineering Market Overview
Figure 3. Biologically Derived Material Segment Held Largest Share of Europe Tissue engineering Market
Figure 4. Germany is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Europe Tissue engineering Market - Leading Country Markets
Figure 6. Europe Tissue Engineering Market- Leading Country Markets (US$ Million)
Figure 7. Tissue engineering Market - Europe PEST Analysis
Figure 8. Tissue engineering Market Impact Analysis of Driver and Restraints
Figure 9. Europe Tissue engineering market – Revenue Forecasts and Analysis – 2019- 2027
Figure 10. Europe Tissue engineering Market, by Material Type 2019 & 2027 (%)
Figure 11. Europe Biologically Derived Material Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. Europe Synthetic Material Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Europe Other Material Types Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Europe Tissue engineering Market, by Application 2019 & 2027 (%)
Figure 15. Europe Orthopedic, Musculoskeletal and Spine Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Europe Skin Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Europe Cardiology and Vascular Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Europe Neurology Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Europe: Tissue Engineering Market, by Key Country – Revenue (2019) (USD Million)
Figure 21. Europe Tissue Engineering Market Revenue and Forecast to 2027 (USD Million)
Figure 22. Europe: Tissue Engineering Market, by Country, 2019 & 2027 (%)
Figure 23. Germany: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
Figure 24. UK: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
Figure 25. France: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
Figure 26. Spain: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
Figure 27. Italy: Tissue Engineering Market – Revenue and Forecast to 2027 (USD Million)
Figure 28. Impact of COVID-19 Pandemic in Europe Country Markets
- Stryker Corporation
- Organogenesis Inc.
- Cook Biotech Inc.
- Integra Life Sciences Corporation
- Acelity L.P.Inc
- Allergan Plc.
- Medtronic
- Zimmer Biomet
- Baxter International Inc.
- DePuy Synthes (Johnson & Johnson Services, Inc.)
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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