Emergen Research has segmented the global Biomimetic Technology Market on the basis of type, application, end-use, and region. Market Size – USD 8.21 billion in 2019, Market Growth - CAGR of 10.8 %, Market Trends – The rise in organ failure rate.

Vancouver, BC -- (SBWire) -- 12/24/2020 --The Global Biomimetic Technology Market is predicted to reach a value of USD 17.73 Billion by 2027 at a CAGR of 10.8%, according to a recent report published by Emergen Research. Nanotechnology has witnessed a huge rise in popularity owing to its ability to demonstrate the significant output of single-cell and indicate complex biomimetic activity. Furthermore, the increase in the amputee population suffering from fatal accidents is expected to boost market growth during the forecast period.

The growing tissue engineering market and rising aging population are driving the demand for the Biomimetic Technology Market By Type (Molecular Bionics, Information and Control Bionics, Mechanical Bionics, Energy Bionics, Others), By Application, By End-Use (Biotechnology, Healthcare, Defense, Research Institutes, Others), By Region Forecasts to 2027

The prominent players in this market are: Hstar Technologies Corporation, Chas A Blatchford & Sons Ltd., Applied Biomimetic A/S, SynTouch LLC, Veryan Medical Ltd., Wright Medical Group, Inc., AeroVironment, Inc., Biohorizons Implant Systems, Inc, BioMimetic Laboratories, Inc., and Forschungszentrum Jülich GmbH among others.

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“The largest market over the forecast period is accounted for in the drug delivery segment. Market growth is expected to be stimulated by optimized vaccine production and the specific drug delivery of nanocarriers through biomimetic devices.”

Market Drivers

The growth of nanotechnology applications in various fields will lead the biomimetic technology market to grow exponentially during the forecast period. The Molecular Bionics segment is anticipated to hold the largest market over the forecast timeframe with a market share of 32.7% in 2019 as it is widely used in molecular biology, tissue engineering, and drug delivery. However, the drug delivery segment is projected to hold the largest revenue share of USD 3.60 Billion by the year 2027. The healthcare segment has shown a high scope of growth and is estimated to grow at the highest CAGR of 10.9% during the forecast period.



- Type Outlook (Revenue, USD Billion; 2017-2027)



- Molecular Bionics

- Information and Control Bionics

- Mechanical Bionics

- Energy Bionics

- Others





- Application Outlook (Revenue, USD Billion; 2017-2027)



- Drug Delivery

- Wound Healing

- Prosthetics

- Tissue Engineering

- Surveillance

- Rescue

- Security and Safety

- Underwater Research

- Traffic Monitoring

- Others





- End-Use Outlook (Revenue, USD Billion; 2017-2027)



- Biotechnology

- Healthcare

- Defense

- Research Institutes

- Others



Regional Outlook

The market in North America for biomimetic technology is expected to dominate the global market with a share of 41.4% in the year 2019. The Asia Pacific regional market is expected to witness highest market growth during the forecast period, owing to the huge population base in the region and growth in the number of hospitals and super-speciality clinics in the region.

Following regions are highlighted in this report:

North America (The US, Canada, and Mexico)

Europe (Germany, France, the UK, and Rest of the World)

Asia Pacific (China, Japan, India, and Rest of Asia Pacific)

Latin America (Brazil and Rest of Latin America.)

Middle East & Africa (Saudi Arabia, the UAE, , South Africa, and Rest of Middle East & Africa)

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Biomimetic Technology Market Segmentation & Impact Analysis

    4.1. Biomimetic Technology Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. The rising tissue engineering market

                    4.2.2.2. Increasing developments in nanotechnology

                    4.2.2.3. Increasing aging population

                    4.2.2.4. Growing investment in research

          4.2.3. Market restraints analysis

                    4.2.3.1. Strict medical standards

                    4.2.3.2. Stringent regulatory guidelines

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Biomimetic Technology Market By Type Insights & Trends, Revenue (USD Billion)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Molecular Bionics

          5.1.2. Information and Control Bionics

          5.1.3. Mechanical Bionics

          5.1.4. Energy Bionics

          5.1.5. Others

Chapter 6. Biomimetic Technology Market By Application Insights & Trends Revenue (USD Billion)

    6.1. Application Dynamics & Market Share, 2019 & 2027

          6.1.1. Drug Delivery

          6.1.2. Wound Healing

          6.1.3. Prosthetics

          6.1.4. Tissue Engineering

          6.1.5. Surveillance

          6.1.6. Rescue

          6.1.7. Security and Safety

          6.1.8. Underwater Research

          6.1.9. Traffic Monitoring

          6.1.10. Others

To be continued…!

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