This study aims to look into the applicability of a porous TiNi-based shape memory alloy (SMA) scaffold as an incubator for bone marrow mesenchymal cells, hepatocytes, and pancreatic islet cells. The porous TiNi-based SMA used was fabricated using a self-propagating high-temperature synthesis (SHS) technique, in which scaffold blocks measuring 4 × 4 × 10 mm were prepared. In vitro tests were done using mesenchymal stem cells (MSC) isolated from mature bone marrow of CBA/j inbred mice, and cultured in 3 different culture media - Control medium, Osteogenic medium, and Chondrogenic medium. Hepatocytes and islet cells were isolated from the livers and pancreatic glands of Wistar rats respectively, seeded on porous TiNi-based SMA scaffolds, and cultured. The scaffolds were then implanted into the abdominal cavity of Wistar rats and later harvested, at days 7, 14, 21, and 28, post-implantation. SEM imaging was performed with pre-implanted scaffolds at day 0 and harvested scaffolds at days 7, 14, 21, and 28, post-implantation. Based on weight increase percentages, the in vitro study revealed that the osteogenic group showed a 2-fold increase, and the chondrogenic group showed a 1.33-fold increase, compared to the control group. The in vivo study, on the other hand, showed that from day 7 post-implantation, the cellular in-growth gradually invaded the inner porous structure from the periphery towards the center, and at day-28 post-implantation, all pores were closed and completely filled with cells and the extracellular matrix. The results show that porous TiNi-based SMA is a unique biocompatible incubator for cell cultures and can be successfully used for tissue bioengineering and artificial organs.