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Global Medical Biomimetics Market: By Product Type: Cardiovascular, Orthopedic, Ophthalmology, Dental, Others; By Application: Plastic Surgery, Wound Healing, Tissue Engineering, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Medical Biomimetics Market Outlook
The global medical biomimetics market is expected to grow at a CAGR of 5.2% in the forecast period of 2021-2026.
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: Industry Definition and 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.
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.
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
- Applied Biomimetic
- Veryan Medical Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Medical Biomimetics Market Analysis
8.1 Key Industry Highlights
8.2 Global Medical Biomimetics Historical Market (2016-2020)
8.3 Global Medical Biomimetics Market Forecast (2021-2026)
8.4 Global Medical Biomimetics Market by Product Type
8.4.1 Cardiovascular
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Orthopedic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Ophthalmology
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Dental
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.4.5 Others
8.5 Global Medical Biomimetics Market by Application
8.5.1 Plastic Surgery
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Wound Healing
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Tissue Engineering
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
8.6 Global Medical Biomimetics Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Blatchford Limited
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Applied Biomimetic
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Veryan Medical Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Medical Biomimetics Market: Key Industry Highlights, 2016 and 2026
2. Global Medical Biomimetics Historical Market: Breakup by Product Type (USD Billion), 2016-2020
3. Global Medical Biomimetics Market Forecast: Breakup by Product Type (USD Billion), 2021-2026
4. Global Medical Biomimetics Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Medical Biomimetics Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Medical Biomimetics Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Medical Biomimetics Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Medical Biomimetics Market Structure
Key Questions Answered in the Report
The global medical biomimetics market is projected to grow at a CAGR of 5.2% between 2021 and 2026.
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, Applied Biomimetic, and Veryan Medical Limited, among others.
Analyst Review
The global medical biomimetics market is being driven by the growing geriatric population. Aided by the rising R&D activities, the market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 5.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product types, the market is segmented into cardiovascular, orthopaedic, ophthalmology, and dental, among others. Based on application, the industry is divided into plastic surgery, wound healing, and tissue engineering, among others. The major regional markets for medical biomimetics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Blatchford Limited, Applied Biomimetic, and Veryan Medical Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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