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Key Factor Supporting Medical Biomimetics Market Development in 2025: Rising Obesity and Heart Disease Rates Propel Growth in the Medical Biomimetics Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsHow Large Will the Medical Biomimetics Market Size By 2025?
There has been a significant increase in the size of the medical biomimetics market in the past few years. The market, which stood at $36.6 billion in 2024, is expected to rise to $39.56 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. The unprecedented growth during the historical period can be credited to the escalation in biomimetic materials, a surge in research funding, an aging society, and the increase in chronic diseases.
How Big Is the Medical Biomimetics Market Size Expected to Grow by 2029?
In the coming years, the medical biomimetics market is predicted to experience significant expansion. The market is projected to grow to a valuation of $50.68 billion in 2029, with a compound annual growth rate (CAGR) of 6.4%. This growth within the forecast period is due to factors such as the increasing need for organ transplants, amplified understanding of biomimetics applications, escalated healthcare spending, burgeoning biotechnology sector, and advancements in tissue engineering. The forecast period will prominence trends such as Bio-inspired prosthetics, biomimetic sensors, applications of synthetic biology, intelligent drug delivery systems, biologically-inspired robotics, personalized medicine, 3D printing technologies, utilization of artificial intelligence in diagnostics, nanotechnology applications, and regenerative medicine.
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Which Key Market Drivers Powering Medical Biomimetics Market Expansion and Growth?
The anticipated surge in obesity and heart disease rates is projected to fuel the expansion of the medical biomimetics market. Obesity, defined by the accumulation of excess fat to an unhealthy extent, and heart disease, a term used for conditions impacting the heart and blood vessels, can both benefit from biomimetics. This field allows the creation of supportive gadgets such as orthotics and prosthetics, beneficial for those suffering from obesity or diabetes. As an example, per a study released by the American College of Cardiology, a non-profit medical group in the US, in August 2022, it expects all four cardiovascular risk factors to escalate between 2025 and 2060 in the US. Diabetes, projected to increase by 39.3% to impact 55 million people, is to have the most considerable surge, followed by dyslipidemia (27.6% reaching 126 million), hypertension (25.1% affecting 162 million), and obesity (18.3% involving 126 million). Besides, the largest estimated increases in cardiovascular disease rates were reported for stroke (33.8% reaching 15 million) and heart failure (33.4% impacting 13 million), succeeded by ischemic heart disease (30.7% affecting 29 million) and heart attack (16.9% concerning 16 million). Thus, the escalating rates of obesity and heart disease are the prime factors augmenting the growth of the medical biomimetics market.
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Which Fast-Growing Trends Are Poised to Disrupt the Medical Biomimetics Market?
The main players in the medical biomimetics sector are centred around creating innovative products with leading-edge technologies, such as a suture anchor system, to grow their profitability in the market. A suture anchor system is a healthcare device used in orthopedic and sports medicine surgeries to attach soft tissues like tendons or ligaments to the bones. Suture anchor systems aim to replicate and enhance the natural bonding of soft tissues to bone, providing a functional and biologically optimized solution that mirrors physiological tissue bonds in the human body. To illustrate, in December 2022, Stryker Corporation, a multinational medical technologies firm based in the US, unveiled Citrefix. This disposable suture anchor system involves a resorbable biomimetic anchor body composed of Citregen, a bone-chemistry mimicking elastomeric material produced from a citrate polymer. This composition permits regulated resorption without triggering long-term inflammation. It's a disposable suture anchor system intended to assist in the healing of grafted tissue and the growth of healthy bone when employed in orthopedic surgical procedures.
What Are the Emerging Segments in the Medical Biomimetics Market?
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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Who Are the Global Leaders 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.
Which are the Top Profitable Regional Markets for the Medical Biomimetics Industry?
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.
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