Biomimetic materials Market : Segmented by Type (Biomimetic Polymers, Biomimetic Ceramics & Glass, Biomimetic Metals & Alloys and Others), By Application (Medical, Automotive, Defense, Electronics and Others), and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Global Biomimetic materials Market to surpass USD 67.2 billion by 2030 from USD 40.6 billion in 2020 at a CAGR of 6.1% in the coming years, i.e., 2021-30. Product Overview Biomimetic materials ... もっと見る
SummaryGlobal Biomimetic materials Market to surpass USD 67.2 billion by 2030 from USD 40.6 billion in 2020 at a CAGR of 6.1% in the coming years, i.e., 2021-30.Product Overview Biomimetic materials are those that have both extrinsic and intrinsic qualities that allow them to change based on their surroundings. By nature, these are active and intelligent animals with a chemical makeup that permits them to change and adapt to new environments. Nanotechnology, robotics, medical devices, defense, automotive, and other industries have identified numerous applications for these materials, indicating that the development of biomimetic materials is developing and promising. Bionics, biomimicry, bioinspiration, and biogenesis are all terms used to describe these materials. Many businesses favour biomimetic materials because they can work under a variety of pressure and temperature conditions. Market Highlights Global Biomimetic materials market is expected to project a notable CAGR of 6.1% in 2030. Over the projected period, the surge in demand for biomimetic materials from research in nanotechnology, robotics, the medical industry, artificial intelligence (AI), and the military is propelling the worldwide biomimetic materials market forward. Technological advances and R&D towards more effective biomimetic materials are also expected to present attractive growth prospects for key players in the biomimetic materials market in the approaching years. Global Biomimetic materials: Segments Biomimetic Polymers segment to grow with the highest CAGR during 2020-30 Global Biomimetic materials market is segmented by type into Biomimetic Polymers, Biomimetic Ceramics & Glass, Biomimetic Metals & Alloys and Others. Biomimetic Polymers segment held the largest market share in the year 2020 owing to a rise in demand for biomimetic polymers in industries such as pharmaceuticals, biomedical devices, electronics, and others Furthermore, the benefits of biomimetic polymers, such as improved underwater adhesion, biocompatibility, adjustable modulus, antibacterial, and antifouling properties, increased demand for biomimetic polymers during the time period studied. Medical segment to grow with the highest CAGR during 2020-30 Global Biomimetic materials market is divided by application into Medical, Automotive, Defense, Electronics, and Others. Over the forecast period, the medical segment is projected to expand at the fastest pace owing to an increase in demand for biomimetic materials in medical applications such as sensors in tissue responses, bone cement in bone-bonding systems, joint replacements, skin repair devices, localized drug delivery systems, dental implants for tooth fixation, and contact lenses. Market Dynamics Drivers Rising demand in various industries as well as efficiency in executing basic activities The rise in demand for biomimetic materials in the medical industry, information technology, robotics, telecommunications, and the automotive industry are projected to propel the biomimetic materials market forward over the forecast period. Furthermore, biomimetic materials are more effective than traditional materials like plastic, polymer, and ceramic, which is expected to drive the biomimetic materials market forward. Furthermore, the capacity of biomimetic materials to execute basic activities in varying temperatures and pressures is expected to support the biomimetic materials market's growth. Increased demand in creation of artificial organs and technological growth Furthermore, the increased usage of biomimetic materials in the creation of artificial organs and electronics components used as substitutes for failed natural organs will give additional potential growth possibilities in the biomimetic materials market in the future years. Technological advances and R&D towards more effective biomimetic materials are also expected to present attractive growth prospects for key players in the biomimetic materials market in the approaching years. Restraint Increase in per-unit cost and difficulty in commercializing prototypes The difficulty in commercializing prototypes due to the high level of sophistication required is expected to stymie the biomimetic materials market's expansion over the forecast period. Also, because to the low volume, an increase in the per-unit cost of production may pose a significant obstacle to the biomimetic materials market's growth in the near future. Global Biomimetic materials: Key Players TDK Corporation Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Wright Medical Group CTS Corporation CeramTec APC International Kyocera Corporation Channel Technologies Advanced Cerametrics LORD Corporation Other Prominent Players Global Biomimetic materials: Regions Global Biomimetic materials market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The market in North America is expected to hold highest CAGR over the forecasted period due to significant demand from the electronic, electrical, construction, information technology, and healthcare industries. Also, owing to expansion in the automobile, information technology, and healthcare industries, Europe is predicted to grow at a steady pace. The key regional market drivers are biomimetic materials' environmental management and vibration control properties. Due to incremental expansion in the infrastructure and production industries, as well as increased product adoption, APAC is predicted to have a high CAGR during the projection period. Global Biomimetic materials is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Global Biomimetic materials report also contains analysis on: Biomimetic materials Segments: By Type Biomimetic Polymers Biomimetic Ceramics & Glass Biomimetic Metals & Alloys Others By Application Medical Automotive Defense Electronics Others Biomimetic materials Dynamics Biomimetic materials Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Biomimetic materials Market Report Scope and Segmentation Report Attribute Details Market size value in 2020 USD 40.6 billion Revenue forecast in 2030 USD 67.2 billion Growth Rate CAGR of 6.1% from 2021 to 2030 Base year for estimation 2020 Quantitative units Revenue in USD million and CAGR from 2021 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered Type, end-user and Region Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) Key companies profiled TDK Corporation, Wright Medical Group, CTS Corporation, Ceram Tec, APC International, Kyocera Corporation, Channel Technologies, Advanced Cerametrics, LORD Corporation, and Other Prominent Players. Table of ContentsContents1. Executive Summary 2. Global Biomimetic materials Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global Biomimetic materials Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global Biomimetic materials Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global Biomimetic materials Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Type : Market Share (2020-2030F) 12.2.1. Biomimetic Polymers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Biomimetic Ceramics & Glass, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Biomimetic Metals & Alloys, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.4. Other, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Application: Market Share (2020-2030F) 12.3.1. Medical, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Automotive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.3. Defense, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.4. Electronics, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.5. Other, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13 Company Profile 13.1. TDK Corporation 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Wright Medical Group 13.3. CTS Corporation 13.4. CeramTec 13.5. APC International 13.6. Kyocera Corporation 13.7. Channel Technologies 13.8. Advanced Cerametrics 13.9. LORD Corporation 13.10. Other Prominent Players 14 Consultant Recommendation **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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