BIODEGRADABLE SCAFFOLD MARKET ANALYSIS

Biodegradable Scaffold MarketSize and Trends

 Global Biodegradable Scaffold Market: Dynamics

The primary driver for global biodegradable scaffold market include growing research in the field of tissue engineering and regenerative medicine to develop novel scaffolds for remodelling of biological tissues. For instance, according to an article published by the Pharmaceuticals journal in December 2017, it has been stated that biodegradable scaffolds made of materials such as collagen, gelatin, thrombin, polylactic acid, and others can be used effectively for delivery of antibiotics to the site of infection or injury in case of osteomyelitis to promote healing.

Rising launches of products by market players is another major factor that is expected to drive growth of the global biodegradable scaffold market over the forecast period. For instance, in July 2021, Orthofix Medical Inc., a U.S. based medical device company launched its fiberFUSE Strip, which is an advanced bone graft made of demineralized cortical bone and mineralized cancellous bone to create a natural biodegradable scaffold allowing for cellular ingrowth, revascularization, and new bone formation. The fiberFUSE Strip can be used in applications such as posterior lumbar, posterior cervical, and degenerative spinal procedures. Moreover, in February 2020, Onkos Surgical, a U.S. based medtech company launched its new magnesium bone scaffold, GenVie which is a moldable and injectable bone void filler to enable bone repair and regeneration.

Furthermore, the global biodegradable scaffold market is expected to show potential growth over the forecast period due to rising focus of market players in getting product approvals from regulatory authorities. For instance, in July 2020, Baxter, a U.S. based healthcare company received the U.S. Food and Drug Administration (FDA) approval for their product Altapore Shape Bioactive Bone Graft. Altapore Shape Bioactive Bone Graft can be used as a bone scaffold for stimulating the formation of new bone or to fill gaps in the skeletal system which are either surgically created or are due to a trauma to the bone. Altapore Shape Bioactive Bone Graft is biodegradable and is replaced with bone during the process of healing.

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