Biomimetics Market Opportunities: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

Biomimetics refers to - biologically inspired technologies i.e. human made substances, processes, devices and the systems that imitate nature. Biomimetic can be defined as “A strategic tool designed for creating an advanced and practical technology or materials of which clues can be obtained from actual biological structures and functions" a few of the successful examples of biomimetics are use of fins for swimming, robotic toys, development of prosthetics that mimic real limbs, dental implants, microchips enhancing sensory system that are interfaced with the brain to assist in movement, hearing, and visualizing.

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Biomimetic is of special interest to researchers in robotics, nanotechnology, medical industry, artificial intelligence (AI), and the military. More recently, biomimetics is suggested in many areas such as navigational systems, signal amplifiers and data converters. Biomimetics, also known by other names, including bionics, biognosis, bio-inspiration, and biomimicry, consequently, current research focuses on the design of polymer actuators that mimic the functionality of muscle, based on alternative working principles. In recent years, material scientists have developed polymer materials that can be used to develop artificial muscles. To assist robotic and prosthetic design, such artificial muscles should be multi-functional, robust, modular, and have the capacity to repair themselves in response to damage. Examples of biologically synthesized complex substances are Diatoms, Abalone (origin of mother-of-pearl), Rat enamel, Sponge spicules and Birds’ bones structure.

Notable innovations that are inspired from nature and are really successful
includes Velcro, Gecko tape, Lotus effect ,self-cleaning surfaces, Drag reduction by shark skin, Platelet Technology for pipe repair, Smart-fabric, ElekTek.

In terms of geography, North America followed by Europe account for the largest market share of biomimetics market. Moreover, stringent environmental policies focus on protecting the environment, has fueled the development of biomimetics in countries such as the U.S., U.K., Germany, France, Italy and Canada. However, other regions such as Middle East, Latin America and South East Asia are expected to be the prospective markets in the near future.

Some of the key players involved are 3B's Research Group, Applied Biomimetic A/S, Avinent, BIOKON International, Swedish Biomimetics 3000® AB, Bionic engineering network (BEN), BioTomo Pty., Ltd. (Biomimetics).

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