Medical Biomimetics Market In-depth Analysis, Professional Survey | Key Players: Avinent, BioHorizons IPH, Inc, Biomimetics Technologies, Inc, BioTomo Pty., Ltd

The Medical Biomimetic Market to exceed USD 34 billion by 2024 as per a new research report.
Biomimetic plays crucial role as a scaffold in tissue engineering by providing synthetic extracellular matrix and three-dimensional templates for tissue engineering. Increasing demand for tissue engineering owing to the excessive cost associated with the organ transplant will drive the global biomimetic market over the forecast timeframe.

The world is witnessing organ shortage as the number of donors are on decline. The declining number of organ donations coupled with the increasing rate of organ failure will boost the global biomimetic market growth.

The increasing number of geriatric people across the globe will be a high impact rendering factor as these people are prone to the organ failure and may requires transplantation. Increasing incidence of organ failure coupled with rise in geriatric population is predicted to drive the market.

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Technological advances in the field of nanotechnology along with the increasing level of government spending should propel the growth of medical biomimetic market over the forecast timeframe. However, stringent clinical and regulatory requirements differing from country to country may hinder the business growth.

Orthopedic segment is predicted to show significant growth as biomimetic coating facilitates the process integration of orthopedic implants with the bone tissue. Escalated demand for implants across the globe owing to the increasing number of accidents and trauma will have significant impact on medical biomimetic market.

Biomimetic technology has proven to be useful in treated visual impairments by replacing the entire affected ocular tissues with preculture ocular tissues. These tissues are maintained and supported on biomaterial frameworks. The risk of rejection of transplanted tissues and scarcity of corneal tissue donor will boost the Ophthalmology segment growth.

Exogenous keratinocyte growth factor can be used for wound healing but its use is limited by the short half-life and low tissue sensitivity. Biomimetic delivery of keratinocyte growth factor has shown to enhance wound delivery.

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The U.S. accounted for largest market share owing to the large pool of geriatric patients and developed infrastructure.

The geriatric population in china is booming and the trend is expected to last over the forecast period. The rising geriatric population is expected to have a positive impact on the growth medical biomimetic market. The shortage of organ supply for transplantation compared to its demand will further propel the market growth.

Rising demand for the replacement surgeries owing to the rising geriatric population will boost the medical biomimetic market in Japan. The growing tissue engineering market owing to the favorable government regulation will further boost the market.

Key industry players are Avinent, BioHorizons, Biomimetics Technologies, BioTomo, Chas A Blatchford & Sons, Forschungszentrum Jülich, Helmholtz Zentrum Geesthacht Zentrum für Material- und, Küstenforschung GmbH, Hstar Technologies Corporation, SynTouch, Applied Biomimetic and Veryan Medical.

Data Tables

TABLE 1 Medical Biomimetics Industry 3600 synopsis, 2012-2024

TABLE 2 Global Medical Biomimetics market, by product, 2012 – 2024 (USD Million)

TABLE 3 Global Medical Biomimetics market, by region, 2012 – 2024 (USD Million)

TABLE 4 Growth drivers

TABLE 5 Industry pitfalls & challenges

TABLE 6 Global population growth, by age-group, 2012 – 2020 (Million)

TABLE 7 Global medical biomimetics market, by product, 2012 - -2024 (USD Million)

TABLE 8 North America medical biomimetics market, by product, 2012 – 2024 (USD Million)

TABLE 9 North America cardiovascular market, 2012 – 2024 (USD million)

TABLE 10 North America orthopedic market, by product, 2012 – 2024 (USD Million)

TABLE 11 North America ophthalmology market, 2012 – 2024 (USD Million)

TABLE 12 North America dental market, 2012 – 2024 (USD Million)

TABLE 13 North America other medical biomimetics market, 2012 – 2024 (USD Million)

TABLE 14 North America medical biomimetics market, by application, 2012 – 2024 (USD Million)

TABLE 15 North America plastic surgery market, 2012 – 2024 (USD Million)

TABLE 16 North America wound healing market, 2012 – 2024 (USD Million)

TABLE 17 North America tissue engineering market, 2012 – 2024 (USD Million)

TABLE 18 North America drug delivery market, 2012 – 2024 (USD Million)

TABLE 19 North America others market, 2012 – 2024 (USD Million)

TABLE 20 U.S. medical biomimetics market, by product, 2012 – 2024 (USD Million)

TABLE 21 U.S. cardiovascular market, 2012 – 2024 (USD million)

TABLE 22 U.S. orthopedic market, by product, 2012 – 2024 (USD Million)

TABLE 23 U.S. ophthalmology market, 2012 – 2024 (USD Million)

TABLE 24 U.S. dental market, 2012 – 2024 (USD Million)

TABLE 25 U.S. other medical biomimetics market, 2012 – 2024 (USD Million)

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