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Related Experiment Videos

The growth of tissue engineering.

M J Lysaght1, J Reyes

  • 1Center for Biomedical Engineering, Brown University, Providence, Rhode Island 02818, USA. Lysaght@Brown.edu

Tissue Engineering
|November 6, 2001
PubMed
Summary

The tissue engineering field is rapidly expanding, with significant investment and growth in structural applications and regenerative medicine. International commercial activity is also increasing, indicating a dynamic global enterprise.

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Area of Science:

  • Biotechnology
  • Regenerative Medicine
  • Biomaterials

Background:

  • The contemporary tissue engineering enterprise involves significant scientific and financial investment.
  • Over 3,300 professionals were engaged in research and development across more than 70 companies by early 2001.

Purpose of the Study:

  • To estimate the size, scope, and growth rate of the tissue engineering sector.
  • To identify key growth areas and emerging trends within the industry.

Main Methods:

  • Data compilation from diverse sources.
  • Analysis of financial investments and company growth rates.
  • Assessment of market segmentation and geographical distribution.

Main Results:

  • Combined annual expenditure exceeded $600 million, with a 16% compound annual growth rate.
  • Aggregate investment surpassed $3.5 billion since 1990, with a net capital value of $2.6 billion for public companies by early 2001.
  • Structural applications are the fastest-growing segment, while biohybrid organs have contracted. Stem cells and regenerative medicine show rapid company growth.
  • Significant international commercial activity emerged, with 22% of companies based in Europe or Australia.

Conclusions:

  • Tissue engineering is a rapidly growing field with substantial financial backing.
  • Structural applications and regenerative medicine, particularly stem cells, represent key areas for future expansion.
  • The global nature of tissue engineering commercialization is increasingly evident.

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