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The global medical biomimetics market is expected to grow at a CAGR of 5.2% in the forecast period of 2023-2028.
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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.
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.
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Based on product types, the industry can be divided as follows:
The product finds wide applications in the following segments:
The regional markets for medical biomimetics can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
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:
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.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, Region |
Breakup by Product Type | Cardiovascular, Orthopedic, Ophthalmology, Dental, Others |
Breakup by Application | Plastic Surgery, Wound Healing, Tissue Engineering, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Blatchford Limited, Vandstrom, Inc., Veryan Medical Limited, Others |
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
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 Opportunities and Challenges in the Market
8 Global Medical Biomimetics Market Analysis
8.1 Key Industry Highlights
8.2 Global Medical Biomimetics Historical Market (2018-2022)
8.3 Global Medical Biomimetics Market Forecast (2023-2028)
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 (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Orthopedic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Ophthalmology
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Dental
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Wound Healing
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Tissue Engineering
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Medical Biomimetics Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Medical Biomimetics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Medical Biomimetics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Medical Biomimetics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Medical Biomimetics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Medical Biomimetics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Blatchford Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Vandstrom, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Veryan Medical Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Medical Biomimetics Market: Key Industry Highlights, 2018 and 2028
2. Global Medical Biomimetics Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3. Global Medical Biomimetics Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4. Global Medical Biomimetics Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Medical Biomimetics Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Medical Biomimetics Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Medical Biomimetics Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Medical Biomimetics Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Medical Biomimetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Medical Biomimetics Market Structure
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, Vandstrom, Inc., and Veryan Medical Limited, among others.
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 2023-2028, 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, Vandstrom, Inc., 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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