Biomimetic Technology Market - GLOBAL

Biomimetic technology market is anticipated to exhibit fast-paced growth during the forecast period 2018-2028. Biomimetics is a field that has the potential to drive the major technological advances in various end-user industries such as medical and robotics.

The emerging biomimetic technology is an asset in medical and robotics sectors. The biomimetic technology is of interest to engineers and researchers, as it is commonly used in robotics, nanotechnology, medical industry, artificial intelligence (AI), and the military.
The global biomimetic technology market was valued at $6.80 billion in 2017. Rising demand for biomimetic nano drones for search and rescue, surveillance, and biomimetic technologies in medical prosthetics are the main factors driving the global biomimetic technology market.
The report is a compilation of the different segments of the global biomimetic technology, including market breakdown by end-use, application, and geographical areas. Herein the revenue generated from the end-use (medical and robotics), application (prosthetics, drug delivery, tissue engineering, wound healing, search & rescue, surveillance, underwater research, security & safety, and traffic monitoring in robotics), and geographies (North America, Europe, Asia-Pacific, and Rest-of-the-World) are tracked to calculate the overall market size in terms of value ($million). While highlighting the key driving and restraining forces for this market, the report also provides a detailed summary of the global biomimetic technology market. The report also includes sections on the key participants involved in the industry.

Key questions answered in the report:
• What was the size of the biomimetic technology market in terms of value ($million) in 2017, and what will be the growth rate during the forecast period 2018-2028?
• Which biomimetic technology application and end user is dominant in the forecast period?
• What is the revenue generated by the different end users and applications of the biomimetic technology market with the growth rate of all segments?
• What are the major market drivers, challenges, and opportunities in the global biomimetic technology market?
• How is the competitive landscape shaping in the global biomimetic technology market?
• Who are the key players in the market, along with their detailed analysis & profiles (including their financials, company snapshots, key products & services, and SWOT analysis)?
The report further includes a thorough analysis of the impact of the Porter’s Five Forces to understand the overall attractiveness of the industry. The most commonly-used strategy for developing a better hold on the market has been of new product launch, contracts, mergers and acquisitions, and collaboration to expand their business. Moreover, the company profile section highlights significant information about the key companies involved along with their financial positions, key strategies, and developmental activities of recent years.
Further, the report includes an exhaustive analysis of the geographical split into North America, Europe, Asia-Pacific (APAC), Rest-of-the-World. Each geography details the individual restraining and driving forces in addition to the key players from that region. This report is a meticulous compilation of research on more than 70 players in the global biomimetic technology market and draws upon insights from in-depth interviews with the key opinion leaders of more than 15 leading companies, market participants, and vendors.
The company profiles in the report include AeroVironment, Inc., and Wright Medical Group Inc., Avinent, Biomimetic Technology Inc., Chas. A. Blatchford & Sons Ltd, Hstar Technologies, Syntouch LLC, and Veryan Medical, among others.
Executive Summary
1 Market Dynamics
1.1 Market Drivers
1.1.1 Increasing Demand for Biomimetic Nano Drones
1.1.2 Growth in Tissue Engineering to Drive Medical Biomimetic Industry
1.2 Market Challenges
1.2.1 Privacy Concerns
1.2.2 Biomimetic is a Complex and Multi-Dimensional Technology with Operational Constraints
1.3 Market Opportunities
1.3.1 Rapid Growth in the Bio-Inspired Technologies
1.3.2 Burgeoning Prosthetics and Bionics Industry
2 Competitive Insights
2.1 Key Strategies & Developments
2.1.1 New Product Launch
2.1.2 Mergers & Acquisitions and Collaborations, Agreements, and Joint Ventures
2.1.3 Contracts
2.1.4 Other Developments
2.2 Competitive Benchmarking
3 Industry Analysis
3.1 Overview
3.2 Evolution of Biomimetic Nano UAV’s
3.3 Global Drone Market: Regulatory Environment
3.3.1 Drone Regulatory Authorities (by Country)
3.3.2 Overview: Drone Regulations in the U.S. and Europe
3.4 Supply Chain Analysis
3.5 Industry Attractiveness
3.5.1 Threat from New Entrants
3.5.2 Threat from Substitutes
3.5.3 Bargaining Power of Buyers
3.5.4 Bargaining Power of Suppliers
3.5.5 Intensity of Competitive Rivalry
4 Global Biomimetic Technology Market, 2017-2028
4.1 Assumptions and Limitations
4.2 Market Overview
5 Global Biomimetic Technology Market (by Application)
5.1 Market Overview
5.2 Medical
5.2.1 Prosthetics
5.2.2 Drug Delivery
5.2.3 Tissue Engineering
5.2.4 Wound Healing
5.2.5 Others
5.3 Robotics
5.3.1 Search and Rescue
5.3.2 Surveillance
5.3.3 Underwater Research
5.3.4 Security and Safety
5.3.5 Traffic Monitoring
6 Global Biomimetic Technology Market (by End-User)
6.1 Market Overview
6.1.1 Medical
6.1.1.1 Key Materials in Medical Biomimetics Market
6.1.2 Robotics
6.1.2.1 Key Sensors in Robotics Biomimetics Market
7 Global Biomimetic Technology Market (by Region)
7.1 Market Overview
7.2 North America
7.2.1 North America Biomimetic Technology Market Size (by Application)
7.2.2 North America Biomimetic Technology Market Size (by Country)
7.2.2.1 The U.S.
7.2.2.2 Canada
7.3 Europe
7.3.1 Europe Biomimetic Technology Market Size (by Application)
7.3.2 Europe Biomimetic Technology Market Size (by Country)
7.3.2.1 Germany
7.3.2.2 The U.K.
7.3.2.3 France
7.3.2.4 Spain
7.3.2.5 Rest-of-Europe
7.4 Asia-Pacific
7.4.1 Asia-Pacific Biomimetic Technology Market Size (by Application)
7.4.2 Asia-Pacific Biomimetic Technology Market Size (by Country)
7.4.2.1 China
7.4.2.2 Japan
7.4.2.3 South Korea
7.4.2.4 Australia
7.4.2.5 India
7.4.2.6 Rest-of-Asia-Pacific
7.5 Rest-of-the-World
7.5.1 Rest-of-the-World Biomimetic Technology Market Size (by Application)
7.5.1.1 Brazil
7.5.1.2 Mexico
7.5.1.3 U.A.E.
7.5.1.4 South Africa
7.5.1.5 Others
8 Company Profile
8.1 Overview
8.2 AeroVironment, Inc.
8.2.1 Company Overview
8.2.2 Product Offerings
8.2.3 Financials
8.2.4 Financial Summary
8.2.5 SWOT Analysis
8.3 Avinent
8.3.1 Company Overview
8.3.2 Product Offerings
8.3.3 Corporate Summary
8.3.4 SWOT Analysis
8.4 Biomimetics Technology Inc.
8.4.1 Company Overview
8.4.2 Product Offerings
8.4.3 Corporate Summary
8.4.4 SWOT Analysis
8.5 Chas. A. Blatchford & Sons Ltd
8.5.1 Company Overview
8.5.2 Product Offerings
8.5.3 Corporate Summary
8.5.4 SWOT Analysis
8.6 Hstar Technologies
8.6.1 Company Overview
8.6.2 Product Offerings
8.6.3 Corporate Summary
8.6.4 SWOT Analysis
8.7 Syntouch LLC
8.7.1 Company Overview
8.7.2 Product Offerings
8.7.3 Corporate Summary
8.7.4 SWOT Analysis
8.8 Veryan Medical
8.8.1 Company Overview
8.8.2 Product Offerings
8.8.3 Corporate Summary
8.8.4 SWOT Analysis
8.9 Wright Medical Group Inc.
8.9.1 Company Overview
8.9.2 Product Offerings
8.9.3 Financial Summary
8.9.4 SWOT Analysis
8.10 Other Key Players
9 Research Scope & BIS Methodology
9.1 Scope of the Report
9.2 Global Biomimetic Technology Market Research Methodology
10 Appendix
10.1 Related Reports
List of Tables
Table 1 Market Snapshot: Global Biomimetic Technology Market
Table 1.1 Tissue Engineering Biomaterials
Table 1.2 Bionic Prosthetics and Orthotics R&D Networks
Table 2.1 New Product Launch
Table 2.2 Mergers & Acquisitions and Collaborations
Table 2.3 Key Contracts in Biomimetic Technology Market
Table 2.4 Other Developments
Table 3.1 Drone Regulatory Authorities (by Country)
Table 3.2 FAA vs. EU/EASA
Table 3.3 Analysing Factors of Threat from New Entrants
Table 3.4 Analysing Threat from Substitute
Table 3.5 Analyzing Bargaining Power of Buyers
Table 3.6 Analyzing Bargaining Power of Suppliers
Table 3.7 Analyzing Intensity of Competitive Rivalry
Table 5.1 Global Biomimetic Technology Market (by Application), $Million, 2017-2028
Table 6.1 Biomaterials Used for Clinical Dentistry
Table 6.2 Classification of Types of Sensors
Table 7.1 Global Biomimetic Technology Market Size (by Region), 2017-2028
Table 7.3 North America Biomimetic Technology Market Size (by Application), $Million, 2017-2028
Table 7.4 Europe Biomimetic Technology Market Size (by Application), 2017-2028
Table 7.5 Asia-Pacific Biomimetic Technology Market Size (by Application), 2017-2028
Table 7.6 Rest-of-the-World Biomimetic Technology Market Size (by Application), 2017-2028
List of Figures
Figure 1 Global Biomimetic Technology Market, $Million, 2017 and 2018
Figure 2 Global Biomimetic Technology Market (by Application), 2017 and 2028
Figure 3 Global Biomimetic Technology Market (by End-User), 2017 and 2028
Figure 4 Global Biomimetic Technology Market (by Region), 2017
Figure 1.1 Global Biomimetic Technology Market: Impact Analysis of Market Drivers, Challenges, and Opportunities
Figure 1.2 Process of Tissue Engineering
Figure 2.1 Key Strategies Adopted by Market Players
Figure 2.2 Percentage Share of Strategies Adopted by the Market Players, January 2015 - September 2018
Figure 2.3 Competitive Benchmarking Map, 2017
Figure 3.1 Evolution of Biomimetic Nano Drone
Figure 3.2 Supply Chain Analysis
Figure 3.3 Porter’s Five Forces Analysis
Figure 4.1 Global Biomimetic Technology Market, 2018-2028
Figure 5.1 Classification of Global Biomimetic Technology Market (by Application)
Figure 5.2 Global Biomimetic Technology Market for Prosthetics Application, 2017 - 2028
Figure 5.3 Global Biomimetic Technology Market for Drug Delivery Application, 2017 - 2028
Figure 5.4 Global Biomimetic Technology Market for Tissue Engineering Application, 2017 - 2028
Figure 5.5 Global Biomimetic Technology Market for Wound Healing Application, 2017 - 2028
Figure 5.6 Global Biomimetic Technology Market for Other Application, 2017-2028
Figure 5.7 Global Biomimetic Technology Market for Search and Rescue Application, 2017-2028
Figure 5.8 Global Biomimetic Technology Market for Surveillance Application, 2017-2028
Figure 5.9 Global Biomimetic Technology Market for Underwater Research Application, 2017-2028
Figure 5.10 Global Biomimetic Technology Market for Security and Safety Application, 2017-2028
Figure 5.11 Global Biomimetic Technology Market for Traffic Monitoring Application, 2017-2028
Figure 6.1 Global Biomimetic Technology Market (by End User)
Figure 6.2 Global Biomimetic Technology Market Share (by End-User), 2017-2028
Figure 6.3 Global Biomimetic Technology Market for Medical End-Use Market, 2017-2028
Figure 6.4 Biomimetic Materials and Their Function
Figure 6.5 Global Biomimetic Technology Market for Robotics End-Use Market, 2017-2028
Figure 7.1 Global Biomimetic Technology Market (by Region)
Figure 7.2 Geographic Distribution of Global Biomimetic Technology Market, 2017 and 2028
Figure 7.3 North America Biomimetic Technology Market, 2017-2028
Figure 7.4 The U.S. Biomimetic Technology Market, 2017-2028
Figure 7.5 Canada Biomimetic Technology Market, 2017-2028
Figure 7.6 Europe Biomimetic Technology Market, 2017-2028
Figure 7.7 Germany Biomimetic Technology Market, 2017-2028
Figure 7.8 The U.K. Biomimetic Technology Market, 2017-2028
Figure 7.9 France Biomimetic Technology Market, 2017-2028
Figure 7.10 Spain Biomimetic Technology Market, 2017-2028
Figure 7.11 Rest-of-Europe Biomimetic Technology Market, 2017-2028
Figure 7.12 Asia-Pacific Biomimetic Technology Market, 2017-2028
Figure 7.13 China Biomimetic Technology Market, 2017-2028
Figure 7.14 Japan Biomimetic Technology Market, 2017-2028
Figure 7.15 South Korea Biomimetic Technology Market, 2017-2028
Figure 7.16 Australia Biomimetic Technology Market, 2017-2028
Figure 7.17 India Biomimetic Technology Market, 2017-2028
Figure 7.18 Rest-of-Asia Pacific Biomimetic Technology Market, 2017-2028
Figure 7.19 Rest-of-the-World Biomimetic Technology Market, 2017-2028
Figure 7.20 Brazil Biomimetic Technology Market, 2017-2028
Figure 7.21 Mexico Biomimetic Technology Market, 2017-2028
Figure 7.22 Biomimetic Technology Market for U.A.E, 2017-2028
Figure 7.23 Biomimetic Technology Market for South Africa, 2017-2028
Figure 7.24 Biomimetic Technology Market for Others, 2017-2028
Figure 8.1 Share of Key Company Profiles
Figure 8.2 AeroVironment, Inc – Product Offerings
Figure 8.3 AeroVironment, Inc. – Overall Financials, 2015-2017
Figure 8.4 AeroVironment, Inc. – Revenue (by Business Segment), 2015-2018
Figure 8.5 AeroVironment, Inc. – Share in Overall Revenue (by Region), 2015-2017
Figure 8.6 SWOT Analysis – AeroVironment, Inc.
Figure 8.7 Avinent – Product Offerings
Figure 8.8 SWOT Analysis – Avinent
Figure 8.9 Biomimetics Technology Inc. –Product Offerings
Figure 8.10 Biomimetic Technology Inc.– SWOT Analysis
Figure 8.11 Chas. A. Blatchford & Sons Ltd: Product Offerings
Figure 8.12 SWOT Analysis - Chas. A. Blatchford & Sons Ltd
Figure 8.13 Hstar Technologies – Product Offerings
Figure 8.14 SWOT Analysis – Hstar Technologies, Inc.
Figure 8.15 Syntouch LLC. – Product Offerings
Figure 8.16 SWOT Analysis – Syntouch
Figure 8.17 Veryan Medical – Product Offering
Figure 8.18 SWOT Analysis – Veryan Medical
Figure 8.19 Wright Medical Group Inc. – Product Offerings
Figure 8.20 Wright Medical Group Inc. – Overall Financials, 2015-2017
Figure 8.21 Wright Medical Group Inc. – Revenue (by Business Segment), 2015-2017
Figure 8.22 Wright Medical Group Inc.– Share in Overall Revenue (by Region), 2015-2017
Figure 8.23 SWOT Analysis – Wright Medical Group Inc.
Figure 9.1 Global Biomimetic Technology Market Scope
Figure 9.2 Biomimetic Technology Market Research Methodology
Figure 9.3 Secondary Data Sources
Figure 9.4 Top-Down and Bottom-up Approach
Figure 9.5 Biomimetic Technology Market: Influencing Factors
Figure 9.6 Assumptions and Limitations
Biomimetics refers to technologies which are biologically inspired including human made substances, devices, processes, and systems that imitate nature. Biomimetics is a field that has the potential to drive the major technological advances in various end-user industries such as medical and robotics. Few successful examples of biomimetic technology include robotic toys, biomimetic nano drones, prosthetics that mimic real limbs, dental implants, and microchips sensory systems that are interfaced with the brain to assist in hearing, movement, and visualizing.
Biomimetic drones have gradually gained importance with the rapid development in a number of airborne technologies. Moreover, biomimetic drones have huge benefits and can serve the defense, commercial, and consumer sectors. Biomimetic drones in commercial sector can mainly be used in inspection and site monitoring.
The global biomimetic technology market in terms of value was $6.80 billion in 2017 and is expected to show a growth rate of xx.xx% during 2018-2028 to reach a market size of $xx.xx billion by 2028. Rising demand for biomimetic nano drones for search and rescue, surveillance, and biomimetic technologies in medical prosthetics is the main factor driving the global biomimetic technology market.
Search & Rescue & Prosthetics are the leading market applications in the global biomimetic technology market
On the basis of application, the biomimetic technology market is classified into prosthetics, drug delivery, tissue engineering, wound healing in medical industry and search & rescue, surveillance, underwater research, security and safety, and traffic monitoring in robotics.
The prosthetics segment dominated the biomimetic technology market in the medical sector. The growth in the market is mainly due to the increasing amputee population based on increasing accidents, diabetes, and vascular diseases, the dominance of the market is one of the crucial factors expected to drive the biomimetic prosthetic market.
The robotics biomimetic technology market is expected to grow at the highest CAGR of 18.66% during the forecast period from 2018 to 2028.The penetration of biomimetic technology for nano drones in military/law enforcement has emerged with the development of latest innovations in nano technology.
Globally, North America is one of the most prominent regions, which is continuously advancing its technologies related to bionic medical treatments. The North America region is one of the early adopters of biomimetic technology and is leading in biomimetic robots and medical material development. The North America biomimetic technology market is followed by Europe, which is estimated to be second in terms of revenue generation in the year 2017.
The key players that are actively participating in biomimetic technology market include AeroVironment, Inc., and Wright Medical Group Inc., Avinent, Biomimetic Technology Inc., Chas. A. Blatchford & Sons Ltd, Hstar Technologies, Syntouch LLC, and Veryan Medical, among others.
North America
The U.S.
Canada
Europe
Germany
The U.K.
France
Spain
Rest-of-Europe
Asia-Pacific
China
Japan
South Korea
Australia
India
Rest-of-Asia-Pacific
Rest-of-the-World
Brazil
Mexico
U.A.E.
South Africa
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According to a new market intelligence report by BIS Research, titled ‘Global Biomimetic Technology Market - Analysis and Forecast, 2018-2028’, the global biomimetic technology market is expected to reach $18.51 billion by 2028.
BIS Research Report:
The North American region accounted for the largest market revenue share of 46.70% in 2017. The region is one of the early adopters of biomimetic technology and is leading in biomimetic medical and robotic development. The North America biomimetic technology market is followed by Europe, which is estimated to be second in terms of revenue generation in the year 2017.
Europe is expected to grow at a CAGR of 9.73% during the forecast period 2018-2028. The region is focused on the development of both medical and robotics biomimetic technologies. For instance, in Germany, nano drones have become extremely valuable tools for combat and surveillance activities in defense, thus expected to drive the biomimetic nano drones market.
According to Swati Chaturvedi, an Senior Analyst at BIS Research, “The biomimetic technology market is witnessing a fast-paced growth worldwide. North America and Europe dominate the market in terms of revenue generation owing to the presence of developed countries. Furthermore, the new field of bio-inspired technologies would lead to the creation of bio-inspired devices and materials that could transform the medical industry.”
Some of the key players in the global biomimetic technology market include AeroVironment, Inc., and Wright Medical Group Inc., Avinent, Biomimetic Technology Inc., Chas. A. Blatchford & Sons Ltd, Hstar Technologies, Syntouch LLC, and Veryan Medical, among others.
The prominent players in the biomimetic technologies market adopted strategies of new product launch, contracts, mergers and acquisitions, and collaboration to expand their business.
The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and developments. It also includes a competitive analysis of the leading players in the industry, including corporate overview, financials, financial summary, and SWOT analysis.
The segmentation has been done based on the end-user: Medical and Robotics. Based on application, the market is segmented into prosthetics, drug delivery, tissue engineering, wound healing in medical industry and search & rescue, surveillance, underwater research, security and safety, and traffic monitoring in robotics. The report also includes a comprehensive section on the geographical analysis including country-wise analysis for more than 15 different countries.
This report is a meticulous compilation of research on more than 50 players in the biomimetic technology ecosystem and draws upon insights from in-depth interviews with the key opinion leaders of more than 15 leading companies, market participants, and vendors. The report also includes around 10 company profiles including AeroVironment, Inc., and Wright Medical Group Inc., Avinent, Biomimetic Technology Inc., Chas. A. Blatchford & Sons Ltd, Hstar Technologies, Syntouch LLC, and Veryan Medical, among others.
• What was the size of the biomimetic technology market in terms of value ($million) in 2017, and what will be the growth rate during the forecast period 2018-2028?
• Which biomimetic technology application and end user is dominant in the forecast period?
• What is the revenue generated by the different end users and applications of the biomimetic technology market with the growth rate of all segments?
• What are the major market drivers, challenges, and opportunities in the global biomimetic technology market?
• How is the competitive landscape shaping in the global biomimetic technology market?
• Who are the key players in the market, along with their detailed analysis & profiles (including their financials, company snapshots, key products & services, and SWOT analysis)?
AeroVironment, Inc.
Avinent
Biomimetics Technology Inc.
Chas. A. Blatchford & Sons Ltd
Hstar Technologies
Syntouch LLC
Veryan Medical
Wright Medical Group Inc.
Global Biomimetic Technology Market is Anticipated to Reach $18.51 billion by 2028, BIS Research Report