Health & Safety Industry Today
Medical Biomimetics Market will secure 5.5% growth to surpass $34.4 bn by 2024
The key industry players in Medical Biomimetics Market include Avinent, BioHorizons, Biomimetics Technologies, Forschungszentrum Jülich, Applied Biomimetic, Hstar Technologies Corporation, etc.
Published 22 September 2017
The industry outlook report “Medical Biomimetics Market By Product [Cardiovascular, Orthopedic (Prostheses, Exoskeleton), Ophthalmology, Dental], By Application (Plastic Surgery, Wound Healing, Tissue Engineering, Drug Delivery), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc. forecast Medical Biomimetics Market share is expected to reach USD 34.4 billion by 2024.
Medical biomimetics is widely gaining popularity as the technology of the future, with increased support in form of funding and collaborations. Various players in the market are collaborating with scientists and designing laboratories to explore novel technologies.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/767
The medical biomimetics industry is also witnessing favorable funding scenario in response to the rising need for research and development of biomimetic technologies. There are government funded research centres that facilitate research in the field of biomimetics. For instance, Biomembrane Plasticity Research Center and BioMimetic Robot Research Center are among those.
Apart from this, the National Institutes of Health (NIH) and National Cancer Institute (NCI) provide funding opportunities to support the development of biomimetic tissue-engineered technologies for the purpose of cancer research.
The dominant regional market over the forecast period was North America, followed by Europe with the trend projected to continue over the forecast period due to the rapid adoption of medical biomimetic products, and huge demand for organ transplants such as liver transplant.
The countries of China, India, Brazil and Mexico offer good growth opportunities due to increased capacity for healthcare expenditure, rapidly developing medical infrastructure, and huge patient base. In addition, large geriatric population in Japan is should catapult demand for cardiovascular and orthopedic biomimetic products.
Various players operating in the medical biomimetics market share include Avinent, BioHorizons IPH, Inc., Biomimetics Technologies, Inc., Forschungszentrum Jülich GmbH, Applied Biomimetic A/S, Hstar Technologies Corporation, among others.
Browse key industry insights spread across 110 pages with 295 market data tables & 7 figures & charts from the report, “Medical Biomimetics Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/medical-biomimetics-market
Global medical biomimetics market size is anticipated to reach USD 34.4 billion by 2024, increasing from USD 21.4 billion in 2015, with forecast projection of 5.5% CAGR from 2016 to 2024. The cardiovascular and orthopedic segments together grabbed a medical biomimetics market share of 69% in 2015, due to the increasing prevalence of cardiovascular, and orthopedic disorders due to rise in aging population.
Drug delivery and tissue engineering formed the largest application markets of medical biomimetics in 2015, since various biomimetic scaffold that mimics certain features of the natural ECM such as supporting cell recruiting/seeding, adhesion, proliferation, differentiation are being artificially designed for tissue engineering. North America industry was valued at over USD 10 billion in 2015, accounted for the major regional share. Germany and UK collectively garnered a share of more than 50% in the Europe medical biomimetics market.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/767
The industry is marked by high level entry barriers due to strict regulatory guidelines, and high cost of product development as well as research. Moreover, established players collaborate with research organizations to develop new products. With large pool of geriatric population, China, and Japan are the major revenue pockets of the APAC region, while Brazil and Mexico are the revenue puller for LATAM.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
Medical biomimetics is widely gaining popularity as the technology of the future, with increased support in form of funding and collaborations. Various players in the market are collaborating with scientists and designing laboratories to explore novel technologies.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/767
The medical biomimetics industry is also witnessing favorable funding scenario in response to the rising need for research and development of biomimetic technologies. There are government funded research centres that facilitate research in the field of biomimetics. For instance, Biomembrane Plasticity Research Center and BioMimetic Robot Research Center are among those.
Apart from this, the National Institutes of Health (NIH) and National Cancer Institute (NCI) provide funding opportunities to support the development of biomimetic tissue-engineered technologies for the purpose of cancer research.
The dominant regional market over the forecast period was North America, followed by Europe with the trend projected to continue over the forecast period due to the rapid adoption of medical biomimetic products, and huge demand for organ transplants such as liver transplant.
The countries of China, India, Brazil and Mexico offer good growth opportunities due to increased capacity for healthcare expenditure, rapidly developing medical infrastructure, and huge patient base. In addition, large geriatric population in Japan is should catapult demand for cardiovascular and orthopedic biomimetic products.
Various players operating in the medical biomimetics market share include Avinent, BioHorizons IPH, Inc., Biomimetics Technologies, Inc., Forschungszentrum Jülich GmbH, Applied Biomimetic A/S, Hstar Technologies Corporation, among others.
Browse key industry insights spread across 110 pages with 295 market data tables & 7 figures & charts from the report, “Medical Biomimetics Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/medical-biomimetics-market
Global medical biomimetics market size is anticipated to reach USD 34.4 billion by 2024, increasing from USD 21.4 billion in 2015, with forecast projection of 5.5% CAGR from 2016 to 2024. The cardiovascular and orthopedic segments together grabbed a medical biomimetics market share of 69% in 2015, due to the increasing prevalence of cardiovascular, and orthopedic disorders due to rise in aging population.
Drug delivery and tissue engineering formed the largest application markets of medical biomimetics in 2015, since various biomimetic scaffold that mimics certain features of the natural ECM such as supporting cell recruiting/seeding, adhesion, proliferation, differentiation are being artificially designed for tissue engineering. North America industry was valued at over USD 10 billion in 2015, accounted for the major regional share. Germany and UK collectively garnered a share of more than 50% in the Europe medical biomimetics market.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/767
The industry is marked by high level entry barriers due to strict regulatory guidelines, and high cost of product development as well as research. Moreover, established players collaborate with research organizations to develop new products. With large pool of geriatric population, China, and Japan are the major revenue pockets of the APAC region, while Brazil and Mexico are the revenue puller for LATAM.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
Share on Social Media
Other Industry News
Ready to start publishing
Sign Up today!
