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Medical Biomimetics Market

Global Medical Biomimetics Market Size, Analysis, Report, Forecast: By Product Type: Cardiovascular, Orthopedic, Ophthalmology, Dental, Others; By Application: Plastic Surgery, Wound Healing, Tissue Engineering, Others; By End User; Regional Analysis; Market Dynamics; Competitive Landscape; Industry Events and Developments; 2024-2032

Global Medical Biomimetics Market Outlook

The value of the global medical biomimetics market was USD 37.11 billion in 2023, driven by the increasing demand for innovative medical products and technologies across the globe. The market value is anticipated to grow at a CAGR of 6.9% during the forecast period of 2024-2032 to reach a value of 67.37 billion by 2032.

 

Global Medical Biomimetics Market

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North America to be a Significant Regional Market for Medical Biomimetics

North America is expected to be a major market for medical biomimetics due to trends such as an increase in the rate of adoption of novel technologies, growth in geriatric population, an increase in research and development activities related to medical biomimetics, and a strong presence of key players. Meanwhile, the market in the Asia Pacific is expected to expand at a high growth rate during the forecast period due to factors including an increase in government initiatives in the healthcare sector, the increase in the medical tourism sector, and a booming biotechnology industry.

 

Medical Biomimetics: Market Segmentation

Biomimetics is an interdisciplinary discipline that incorporates the concepts of chemistry, engineering, and biology. The principles of biomimetics are applicable to the synthesis of materials, devices, or synthetic structures consisting of functions or operations that imitate biological processes. Biomimetic designs are used for tissue engineering, regenerative medicine, and drug delivery.

 

Global Medical Biomimetics Market By Type

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Based on product types, the industry can be divided as follows:

  • Cardiovascular
  • Orthopaedic
  • Ophthalmology
  • Dental
  • Others

The product finds wide applications in the following segments:

  • Plastic Surgery
  • Wound Healing
  • Tissue Engineering
  • Others

The regional markets for medical biomimetics can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Medical Biomimetics Market By Region

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Rising Development in Nanotechnology to Bolster the Market Growth of Medical Biomimetics

The demand for medical biomimetics is expected to grow at a rapid rate in the coming years. A sharp rise in the geriatric population, an increase in the rate of organ failure, an increase in the adoption of biomimetic technologies for organ regeneration, an increase in applications for tissue engineering, an increase in research and development activities, and developments in nanotechnology are expected to fuel the sector. Nanotechnology has the ability to explain single molecules/cells at a very high performance and demonstrates complex biomimetic behaviour. Such developments can result in the development of personalised medicine. Nanoparticles can exhibit progressive functions, including stimulus response, cell/organ targeting, imaging, and drug delivery. Such beneficial capacities, along with continuous developments, would have a positive effect on the growth of the biomimetic industry in the coming years.

 

Key Industry Players in the Global Medical Biomimetics Market

The report gives a detailed analysis of the following key players in the global medical biomimetics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Blatchford Limited
  • Vandstrom, Inc.
  • Veryan Medical Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • End User
  • Region
Breakup by Product Type
  • Cardiovascular
  • Orthopedic
  • Ophthalmology
  • Dental
  • Others
Breakup by Application
  • Plastic Surgery
  • Wound Healing
  • Tissue Engineering
  • Others
Breakup by End User
  • Hospitals
  • Specialty Clinics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter's Five Forces Model
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends
  • Value Chain Analysis
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Financial Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Blatchford Limited
  • Vandstrom, Inc.
  • Veryan Medical Limited
  • OTSUKA MEDICAL DEVICES GROUP
  • STRYKER
  • ABBOTT
  • AVINENT SCIENCE AND TECHNOLOGY
  • SYNTOUCH INC
  • OSTEOPORE INTERNATIONAL PTE LTD
  • BIOMIMETICS TECHNOLOGIES INC
  • KEYSTONE DENTAL GROUP
  • CORNEAT VISION
  • NANOHIVE MEDICAL LLC
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions 
    1.3    Report Coverage – Key Segmentation and Scope  
    1.4    Research Methodology
2    Executive Summary
3    Global Medical Biomimetics Market Overview 

    3.1    Global Medical Biomimetics Market Historical Value (2017-2023) 
    3.2    Global Medical Biomimetics Market Forecast Value (2024-2032)
4    Global Medical Biomimetics Market Landscape
    4.1    Global Medical Biomimetics Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Medical Biomimetics Product Landscape
        4.2.1    Analysis by Type of Biosensor
        4.2.2    Analysis by Technology Used
        4.2.3    Analysis by Applications
5    Global Medical Biomimetics Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Medical Biomimetics Market Segmentation 
    6.1    Global Medical Biomimetics Market by Product Type
        6.1.1    Market Overview
        6.1.2    Cardiovascular
        6.1.3    Orthopedic
        6.1.4    Ophthalmology
        6.1.5    Dental
        6.1.6    Others
    6.2    Global Medical Biomimetics Market by Application
        6.2.1    Market Overview
        6.2.2    Plastic Surgery
        6.2.3    Wound Healing
        6.2.4    Tissue Engineering
        6.2.5    Others
    6.3    Global Medical Biomimetics Market by End User
        6.3.1    Market Overview
        6.3.2    Hospitals
        6.3.3    Specialty Clinics
        6.3.4    Others
    6.4    Global Medical Biomimetics Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Medical Biomimetics Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Medical Biomimetics Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Medical Biomimetics Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Medical Biomimetics Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Medical Biomimetics Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
    16.1.1    US FDA
    16.1.2    EU EMA
    16.1.3    INDIA CDSCO
    16.1.4    JAPAN PMDA
    16.1.5    Others
17    Supplier Landscape
    17.1    Blatchford Limited
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisitions
        17.1.5    Certifications
    17.2    Vandstrom, Inc.
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisitions
        17.2.5    Certifications
    17.3    Veryan Medical Limited
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisitions
        17.3.5    Certifications
    17.4    OTSUKA MEDICAL DEVICES GROUP
        17.4.1    Financial Analysis
        17.4.2    Financial Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisitions
        17.4.5    Certifications
    17.5    STRYKER
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisitions
        17.5.5    Certifications
    17.6    ABBOTT
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisitions
        17.6.5    Certifications
    17.7    AVINENT SCIENCE AND TECHNOLOGY
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisitions
        17.7.5    Certifications
    17.8    SYNTOUCH INC
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisitions
        17.8.5    Certifications
    17.9    OSTEOPORE INTERNATIONAL PTE LTD
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisitions
        17.9.5    Certifications
    17.10    BIOMIMETICS TECHNOLOGIES INC
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisitions
        17.10.5    Certifications
    17.11    KEYSTONE DENTAL GROUP
        17.11.1    Financial Analysis
        17.11.2    Product Portfolio
        17.11.3    Demographic Reach and Achievements
        17.11.4    Mergers and Acquisitions
        17.11.5    Certifications
    17.12    CORNEAT VISION
        17.12.1    Financial Analysis
        17.12.2    Product Portfolio
        17.12.3    Demographic Reach and Achievements
        17.12.4    Mergers and Acquisitions
        17.12.5    Certifications
    17.13    NANOHIVE MEDICAL LLC
        17.13.1    Financial Analysis
        17.13.2    Product Portfolio
        17.13.3    Demographic Reach and Achievements
        17.13.4    Mergers and Acquisitions
        17.13.5    Certifications
18    Global Medical Biomimetics Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket


*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.9% between 2024 and 2032.

The development of the industry is being driven by factors like increasing disposable income, rising geriatric population, increasing rate of organ failure, rising adoption of biomimetic technologies for organ regeneration, and increase in research and development activities.

The rising development in nanotechnology is an important trend boosting the industry growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading product types of medical biomimetics in the market are cardiovascular, orthopaedic, ophthalmology, and dental, among others.

The major application segments in the industry are plastic surgery, wound healing, and tissue engineering, among others.

The major players in the industry are Blatchford Limited, Vandstrom, Inc., and Veryan Medical Limited, among others.

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