Medical biomimetics market has gained traction, being an innovative form of technology that uses natural imitation and nature inspired design in a bid to improve human life and facilitate with advanced medical products and procedures. According to U.S. census bureau’s 2017 national population projection, people aged more than 65 years will surpass 76.7 million mark while people under 18 years of age will be about 78 million in the U.S. by 2035.
Increased number of chronic diseases leading to organ failure and geriatric population growth are some major factors that will propel demand for biomimetic products. It has been projected that global medical biomimetics market will breach US$35 billion mark by 2025.
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Cases of cardiovascular diseases have reportedly risen across various countries. Factors like lack of physical activities, unhealthy diet, and high adoption of western culture have elevated the cases of CVD. There is also a large presence of elderly population prone to CVD across countries like the U.S. According to the U.S. Census Bureau's 2017 National Population Projections, that there will be nearly 78 million people aged more than 65 years, while 76.7 million under 18 years of age in the U.S. by 2035. Figures that indicate a potential increase in the demand for medical biomimetics products in the coming years.
The application segment of medical biomimetics industry is classified into tissue engineering, wound healing, drug delivery and other including nanomedicine, plastic surgery, drug discovery, medical engineering and enzymatic modification. Plastic surgery is used to repair and reconstruct missing or damaged tissue and skin. Various biomimetics applications in plastic surgery are scaffold formation, craniofacial surgery to restore facial aesthetics, function and form.
The Saudi Arabia medical biomimetics industry will be driven by rising awareness, technological advancements, and growing adoption of surgical procedures by women. As per a report, the Saudi Arabia medical biomimetics industry is projected to witness a 5.2% CAGR during the prediction timeframe.
The global medical biomimetics market’s competitive hierarchy is comprised of key companies including BioHorizons IPH, Biomimetics Technologies, Avinent, Abbott, Applied Biomimetic, and Veryan Medical.
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Partial Chapter of the Table of Content
Chapter 4. Medical Biomimetics Market, By Product
4.1. Key segment trends
4.2.1. Market size, by region, 2014-2025 (USD Million)
4.3.1. Market size, by region, 2014-2025 (USD Million)
18.104.22.168. Medical Biomimetics Market size, by region, 2014-2025 (USD Million)
22.214.171.124. Market size, by region, 2014-2025 (USD Million)
4.4.1. Market size, by region, 2014-2025 (USD Million)
4.5.1. Market size, by region, 2014-2025 (USD Million)
4.6.1. Market size, by region, 2014-2025 (USD Million)
Chapter 5. Medical Biomimetics Market, By Application
5.1. Key segment trends
5.2. Plastic surgery
5.2.1. Market size, by region, 2014-2025 (USD Million)
5.3. Wound healing
5.3.1. Market size, by region, 2014-2025 (USD Million)
5.4. Tissue engineering
5.4.1. Market size, by region, 2014-2025 (USD Million)
5.5. Drug delivery
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