Global Tissue Engineering Market to reach $27 billion by 2018 Says New Report

According to the report “Tissue Engineering: The Combination of Cells & Engineering” advancements of novel therapies in the fields of tissue engineering and regenerative medicine have opened up new avenues for addressing a range of major diseases. Engineered tissues can be successfully constructed through the recreation of a biologically active extracellular environment in which the product can be developed.

The global market for the therapeutic areas of Tissue Engineering analysed in this study comprises Orthopedics, Integumentary, Oncology, Cardiology, Dental, Neurology and Other. Individual regions analysed in the study includes theUnited States,Europe, Asia-Pacific and Rest of World. Estimated to value US$11 billion in 2012, the global market for tissue engineering is expected to touch US$27 billion by 2018.

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