Press release
Key Influencer in the Medical Biomimetics Market 2025: Rising Obesity and Heart Disease Rates Propel Growth in the Medical Biomimetics Market Driver
"How Are the key drivers contributing to the expansion of the medical biomimetics market?The medical biomimetics market is projected to grow due to the rise in obesity and heart disease rates. Obesity, a health disorder marked by excessive body fat buildup to harmful levels, and heart disease, a condition affecting the heart and blood vessels, are both contributing factors. Medical biomimetics plays a crucial role in creating assistive devices like prosthetics and orthotics, contributing to the management of diabetes and obesity. A report released by the American College of Cardiology, a non-profit medical association in the US, in August 2022 indicated that all four cardiovascular risk factors are projected to rise between 2025 and 2060. The most significant increase is anticipated in diabetes-related numbers, with an anticipated jump of 39.3% to 55 million people. This forecast is followed by dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). The report also highlighted that notable increases are likely in stroke cases (33.8% to 15 million) and heart failure (33.4% to 13 million), ischemic heart disease (30.7% to 29 million), and heart attack (16.9% to 16 million). Consequently, the surge in obesity and heart disease rates is promoting the expansion of the medical biomimetics market.
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What growth opportunities are expected to drive the medical biomimetics market's CAGR through 2034?
The size of the medical biomimetics market has seen robust expansion in the past few years. The market is anticipated to escalate from $36.6 billion in 2024 to $39.56 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.1%. The growth during the historical span can be credited to the surge in biomimetic materials, boosted funding for research, an aging demographic, and the increase in chronic diseases.
The market size of medical biomimetics is set to exhibit robust growth in the coming years, expanding to a value of $50.68 billion by 2029, progressing at a compound annual growth rate (CAGR) of 6.4%. The anticipated growth during the forecast period is largely due to the escalating demand for organ transplant procedures, growing recognition of the uses of biomimetics, increasing healthcare spending, the widening scope of the biotechnology sector, and advancements in the field of tissue engineering. Notable trends expected to emerge during the forecast period include the use of Bio-inspired prosthetics, biomimetic sensors, the application of synthetic biology, intelligent drug delivery systems, biologically inspired robotics, personalized medical treatments, 3D printing technologies, the incorporation of artificial intelligence in diagnostic processes, nano-technology applications, and the field of regenerative medicine.
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What are the emerging trends shaping the future of the medical biomimetics market?
Leading firms in the medical biomimetics sector are concentrating their efforts on creating unique products through the use of progressive technology, like suture anchor systems, to enhance their market profitability. Serving as a medical tool primarily for orthopedic and sports medicine operations, the suture anchor system secures soft tissues like tendons or ligaments to the bone. It aims to mimic and augment the natural bonding of soft tissues to bone, thereby providing a functionally efficient solution that reflects the physiological tissue connections present in the human body. For example, in December 2022, Stryker Corporation, an international medical technology company based in the US, introduced Citrefix. This disposable suture anchor system uses a resorbable biomimetic anchor body made with Citregen, a citrate polymer-based elastomeric material specially designed to resemble bone chemistry. This configuration allows for a controlled resorption process without triggering chronic inflammation. The disposable suture anchor system is formulated to aid in the healing of grafted tissue and growth of healthy bone in orthopedic surgical procedures.
Which growth-oriented segments of the medical biomimetics market are leading the industry's development?
The medical biomimetics market covered in this report is segmented -
1) By Type: Cardiovascular, Orthopedic, Ophthalmology, Dental, Other Types
2) By Application: Wound Healing, Tissue Engineering, Drug Delivery, Other Applications
3) By End User: Hospitals, Specialty Clinics, Other End Users
Subsegments:
1) By Cardiovascular: Vascular Grafts, Stents and Heart Valves, Cardiac Assist Devices
2) By Orthopedic: Bone Grafts, Joint Replacement Implants, Spinal Implants
3) By Ophthalmology: Artificial Corneas, Retinal Implants, Intraocular Lenses
4) By Dental: Dental Implants, Bone Regeneration Products, Biocompatible Materials
5) By Other Types: Wound Healing Products, Tissue Engineering Scaffolds, Neurological Devices
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What regions are leading the charge in the medical biomimetics market?
North America was the largest region in the medical biomimetics market in 2024. The regions covered in the medical biomimetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the medical biomimetics market?
Major companies operating in the medical biomimetics market are BASF SE, Bayer Aktiengesellschaft, Abbott Laboratories, Stryker Corporation, Zimmer Biomet Holdings Inc., Otsuka Medical Device Company Ltd., LivaNova PLC, Össur hf., Forschungszentrum Jülich GmbH, Biohorizons Implant Systems Inc., Inventia Plc, Blatchford Limited, Keystone Dental Corporation, Xtant Medical Holdings Inc., AVINENT Science and Technology, SynTouch Inc., Curasan Inc., CorNeat Vision Inc., Hstar Technologies Co. Ltd., Veryan Medical Ltd., Swedish Biomimetics 3000 ApS, Osteopore International Pte Ltd., KitoTech Medical Ltd., Vandstrom Inc.
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What Is Covered In The Medical Biomimetics Global Market Report?
•Market Size Forecast: Examine the medical biomimetics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the medical biomimetics market for a structured understanding.
•Key Players Overview: Analyze major players in the medical biomimetics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the medical biomimetics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the medical biomimetics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the medical biomimetics market.
•Industry Challenges: Identify potential risks and obstacles affecting the medical biomimetics market.
•Competitive Landscape: Review strategic developments in the medical biomimetics market, including expansions, agreements, and new product launches.
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