Global Biomimetic Materials Market is valued at approximately USD 42.34 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2023-2030. Biomimetic Materials are Man-made synthetic materials that mimic natural biological items found in our daily lives and have a chemical makeup that enables them to change and adapt to situations. They have extrinsic and intrinsic capabilities that allow them to change depending on surrounding environmental circumstances. It is driven by the Rapid growth of artificial intelligence, automation, and Expansion of technologies in the healthcare sector also research in the field of nanotechnology robotics, and the military. Furthermore, it is anticipated that increased application of these materials in bionics and the organ industry would propel the market for biomimetic materials throughout the course of the forecast period.
Growing organ failure rates, an ageing population, and advances in nanotechnology are the main factors driving market expansion. Kidney failure is caused by chronic renal disease, which destroys the kidney and impairs its ability to function. According to the National Kidney Foundation in July 2019, estimated that around 3,500 kidneys are discarded annually and that over 37 million adult Americans suffer from chronic kidney disease. Additionally, regenerative medicine using biomimetics to treat many ailments has a bright future. A biomimetic nano platform that may be used for medication delivery has a higher potential for therapeutic efficacy since it combines manufactured and biological components. Additionally, technological advancements and R&D towards highly efficient biomimetic materials also the rise in the utilization of biomimetic materials in the advancement of artificial organs and electronics components used as replacements for failed natural organs would further provide potential opportunities for growth in the biomimetic materials market. However, the high cost associated with the production of Biomimetic Materials stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Biomimetic Materials Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rise in the use of biomimetic materials in medical, construction, electrical, electronics and information technology are expected to augment the growth of the biomimetic materials market during the forecast period in the North American region. Asia Pacific is expected to grow significantly during the forecast period, owing to an increase in the adoption of new products and incremental expansion of the infrastructure and production industry also growing demand for biomimetic materials in industries such as healthcare, automotive, and aerospace, which are major end-users of the technology.
Major market player included in this report are:
- America Piezo International
- Ceram Tec Group
- Kyocera Corporation
- Noliac AS
- Piezo Kinetics Inc.
- Wright Medical Group
- CTS Corporation
- Lord Corporation
- TDK Corporation
- Applied Biomimetic
Recent Developments in the Market:
- In January 2021, expansion of Applied Biomimetics, Inc. The company expanded its research laboratory and production units in Gaithersburg, Maryland. This will help the company in the building and maintenance of high inventory and the improvement of performance for fulfilling the requirements of customers.
Global Biomimetic Materials Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Material, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
- The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Material:
- Biomimetic Polymers
- Biomimetic Ceramics & Glass
- Biomimetic Metals & Alloys
- Others
By Application:
- Medical
- Automotive
- Defense
- Electronics
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Biomimetic Materials Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Biomimetic Materials Market, by Material, 2020-2030 (USD Billion)
- 1.2.3. Biomimetic Materials Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Biomimetic Materials Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Biomimetic Materials Market Dynamics
- 3.1. Biomimetic Materials Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Expansion of technologies in healthcare sector
- 3.1.1.2. Rapid growth of artificial intelligence and automation
- 3.1.2. Market Challenges
- 3.1.2.1. High Production Cost of Biomimetic Materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in Technology R&D
- 3.1.3.2. highly efficient biomimetic materials
Chapter 4. Global Biomimetic Materials Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Biomimetic Materials Market, by Material
- 5.1. Market Snapshot
- 5.2. Global Biomimetic Materials Market by Material, Performance - Potential Analysis
- 5.3. Global Biomimetic Materials Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
- 5.4. Biomimetic Materials Market, Sub Segment Analysis
- 5.4.1. Biomimetic Polymers
- 5.4.2. Biomimetic Ceramics & Glass
- 5.4.3. Biomimetic Metals & Alloys
- 5.4.4. Others
Chapter 6. Global Biomimetic Materials Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Biomimetic Materials Market by Application, Performance - Potential Analysis
- 6.3. Global Biomimetic Materials Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Biomimetic Materials Market, Sub Segment Analysis
- 6.4.1. Medical
- 6.4.2. Automotive
- 6.4.3. Defense
- 6.4.4. Electronics
- 6.4.5. Others
Chapter 7. Global Biomimetic Materials Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Biomimetic Materials Market, Regional Market Snapshot
- 7.4. North America Biomimetic Materials Market
- 7.4.1. U.S. Biomimetic Materials Market
- 7.4.1.1. Material breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Biomimetic Materials Market
- 7.5. Europe Biomimetic Materials Market Snapshot
- 7.5.1. U.K. Biomimetic Materials Market
- 7.5.2. Germany Biomimetic Materials Market
- 7.5.3. France Biomimetic Materials Market
- 7.5.4. Spain Biomimetic Materials Market
- 7.5.5. Italy Biomimetic Materials Market
- 7.5.6. Rest of Europe Biomimetic Materials Market
- 7.6. Asia-Pacific Biomimetic Materials Market Snapshot
- 7.6.1. China Biomimetic Materials Market
- 7.6.2. India Biomimetic Materials Market
- 7.6.3. Japan Biomimetic Materials Market
- 7.6.4. Australia Biomimetic Materials Market
- 7.6.5. South Korea Biomimetic Materials Market
- 7.6.6. Rest of Asia Pacific Biomimetic Materials Market
- 7.7. Latin America Biomimetic Materials Market Snapshot
- 7.7.1. Brazil Biomimetic Materials Market
- 7.7.2. Mexico Biomimetic Materials Market
- 7.8. Middle East & Africa Biomimetic Materials Market
- 7.8.1. Saudi Arabia Biomimetic Materials Market
- 7.8.2. South Africa Biomimetic Materials Market
- 7.8.3. Rest of Middle East & Africa Biomimetic Materials Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. American Piezo International
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Ceram Tec Group
- 8.3.3. Kyocera Corporation
- 8.3.4. Noliac AS
- 8.3.5. Piezo Kinetics Inc.
- 8.3.6. Wright Medical Group
- 8.3.7. CTS Corporation
- 8.3.8. Lord Corporation
- 8.3.9. TDK Corporation
- 8.3.10. Applied Biomimetic
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption