May 2024
The global medical biomimetics market size accounted for USD 38.34 billion in 2024, grew to USD 41.02 billion in 2025, and is expected to be worth around USD 75.22 billion by 2034, poised to grow at a CAGR of 6.97% between 2024 and 2034. The North America medical biomimetics market size is predicted to increase from USD 15.34 billion in 2024 and is estimated to grow at the fastest CAGR of 7.1% during the forecast year.
The global medical biomimetics market size is expected to be valued at USD 38.34 billion in 2024 and is anticipated to reach around USD 75.22 billion by 2034, expanding at a CAGR of 6.97% over the forecast period 2024 to 2034.
The U.S. medical biomimetics market size is exhibited at USD 10.74 billion in 2024 and is projected to bemedical biomimetics market worth around USD 21.48 billion by 2034, growing at a CAGR of 7.18% from 2024 to 2034.
North America is expected to dominate the market during the forecast period. The growth in the region is attributed to the rising geriatric population coupled with the increasing prevalence of the chronic disease. For instance, according to the Administration on Aging (AoA), in the US, there were 54.1 million people 65 and over as of 2019. More than one in seven Americans or 16% of the population are Americans. Since 2009, there have been 14.4 million more older Americans than there were in 2009, a rise of 36% compared to a 3% rise in the population under 65.
The number of Americans aged 45 to 64 increased by 4% between 2009 and 2019, from 80.3 million to 83.3 million. Americans aged 60 and over climbed from 55.7 million to 74.6 million, a 34% rise. In addition, according to the Journal of the American College of Cardiology, it is expected that cardiovascular risk factors and disease will rise significantly by 2060. Moreover, the growing number of orthopedic patients and related product launches is one of the potential aspects that penetrate the market expansion over the projected period.
The Asia Pacific is growing at the highest CAGR during the forecast period. The growing prevalence of cancer in countries like India and China is expected to drive market expansion in the region. For instance, as per the US Department of Health and Human Services (HHS), 14,61,427 incident cases of cancer were determined to be the projected total in India for 2022. In India 1 out of 9 people has a lifelong risk of developing cancer.
The most common cancer in men and women were lung and breast cancer. According to the estimates, there will be 12.8% more cancer instances in 2025 than there were in 2020. Moreover, the growing heart failure in the countries like India and China is further driving the demand for ACT therapy in the region.
Biomimetics is a rapidly expanding area of medical engineering. The term "biomimetics" refers to the study of nature and other natural phenomena to understand fundamental principles to use these ideas that can help sectors like mechanical engineering, technological biology, and mechatronics. Medical biomimetics is more precisely a sort of inventive technology that imitates nature in an endeavor to enhance human life.
Popular examples include the design of strong building structures modelled after turban shells, the invention of swimsuits with fluid-drag reduction features inspired by the form of a shark's skin, and the design of aeroplane wings after bird wings. Medical biomimetics is a field with a long history and many useful applications.
It has seen encouraging developments in the production of surgical equipment over the last few years. These surgical instruments, which were designed with biomimicry in mind, are equipped with features like cutting, stinging, sucking, and gripping that are common to hands, feet, and mouths.
The increased need for implants and prostheses to meet the need for organ transplantation, particularly among elderly populations, is a primary driver of the medical biomimetics market. Medical biomimetics is important since it is widely believed that no design breakthrough is possible without using nature as a potential model. Due to the recent application of biomimetic technology for organ regeneration, the market is predicted to expand over the coming years.
Report Coverage | Details |
Market Size in 2024 | USD 38.34 Billion |
Market Size by 2034 | USD 75.22 Billion |
Growth Rate from 2024 to 2034 | CAGR of 6.97% |
Largest Market | Asia Pacific |
Base Year | 2023 |
Forecast Period | 2024 to 2034 |
Segments Covered | Type, Application, and Region |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Innovation in nanotechnology
The development of medication delivery systems due to advances in nanotechnology will have a beneficial effect on the growth of medical biomimetics during the forecast period. Nanomaterials are appealing for use in biomedical applications and show tremendous potential in biomimicry medicine based on their biocompatibility, physical, and chemical properties.
The development of biomimetic functionalized nanotechnology has allowed for the functionalization and modification of nanomaterials by components obtained from cell membranes, resulting in biomimetic nanomaterials with improved biocompatibility, stability, targeting, and specificity. Inferring that these biomimetic nanomaterials can be employed for disease detection, the biomimetic functionalized variation of nanomaterials can establish selectivity for tissue disease or biomarkers. Thus, there is an abundance of interest in the application of biomimetic nanomaterials for non-invasive disease diagnosis.
High cost of cell and gene therapy
Researchers claim that high production costs hold back patients from accessing cell and gene therapies and that industry-wide capacity expansion and manufacturing method optimization would be helpful. The cost of cell and gene therapy is high. According to research conducted by the Institute for Clinical and Economic Review (ICER), a single dose of gene therapy typically costs between USD 1 million and USD 2 million. Similarly, the average cost per treatment for cell therapy is USD 1 million, although prices vary considerably depending on the product and the indication. Thus, this is expected to hamper the market expansion during the forecast period.
Increasing R&D activities
In the diagnostic imaging market arena, which includes ultrasound, electrocardiographs, and computed tomography scans, rising R&D efforts as well as the expanding application potential of medical biomimetics are anticipated to propel market expansion. For instance, Imperial College London is right now creating a flexible steerable probe that is biomimetic. The goal of this research is to precisely place minimally invasive instrumentation (electrodes, catheters for deep brain stimulation), perform clinical analysis and diagnosis (sampling, biopsy), micro neurosurgery, and localized drug delivery in order to access deep brain regions with the least amount of damage.
Based on the type, the global medical biomimetics market is segmented into cardiovascular, orthopedic, ophthalmology, dental and others. The cardiovascular segment is expected to hold the largest market share during the forecast period. The growth in the segment is owing to the growing prevalence and increasing CVD implants. For instance, according to the secondary analysis, with 17.9 million deaths per year, CVD is the leading cause of death worldwide. Every year, more than 2.1 million people have CVD implants to prolong their lives.
Additionally, the market will benefit from attractive opportunities brought on by the introduction of technologically sophisticated products and government funding, driving the market growth during the forecast period. To grow human replacement tissues as next-generation implants for treating CVDs, LifeMatrix has created a unique bioengineering method.
The patented LifeMatrix tissues can be produced as heart valves, blood vessels, and other cardiovascular components. Throughout the patient’s lifetime, the biomimetic device aids in avoiding repeated major procedures and the risk they involve.
The orthopedic segment is expected to grow at the highest CAGR during the forecast period. Bones made from biomimetics have been created to help patients with disabilities walk. The design of calcium-phosphate protein templates is the subject of numerous scientific investigations.
The biomineralization process has been used to mimic the shape, chemical composition, and physical characteristics of genuine tissues. Additionally, with the increase in accidents, biomimetics in orthopedics is predicted to grow rapidly. According to estimates from the Association for Safe International Road Travel, between 20 and 50 million non-fatal injuries result in permanent disability. Thus, this is expected to drive segment growth.
Based on the application, the market is bifurcated into wound healing, tissue engineering, drug delivery and others. The wound healing segment is expected to dominate the market during the forecast period. Due to the rising number of surgical cases and the global rise in the incidence of chronic diseases, there is an increasing demand for products that promote wound healing and wound care.
The market will also keep expanding because of certain demographic trends, including an ageing population, an increase in diabetes and obesity, and an associated increase in sensitivity to chronic wounds that don't heal. In the United States, 6.9 million people—or around 2% of the country's total population—were estimated to have chronic wounds as of 2021.
Additionally, the growing population of patients in need of better care places a significant financial strain on the healthcare system. The overall expense of treating chronic wounds is sharply rising, with a recent estimate of the cost in the United States exceeding USD 28 billion annually.
The drug delivery segment is expected to grow at a significant rate over the forecast period. This is due to a shift in patient preferences towards the use of sophisticated drug administration systems and rising research and development. Albumin-based delivery has so far shown to be the most effective method for biomimetics therapies, and medicines containing abraxane, liraglutide, semaglutide, and albiglutide are widely available on the market. Another intriguing application of biomimetics in medicine is cell-based biomimetic delivery.
For instance, RBC have been studied as living cell transporters since the 1970s. Additionally, as biomimetics approaches show potential in enhancing medication efficiency in targeted drug delivery, the adoption of targeted drug delivery systems encourages the expansion of this method of delivery.
Segments Covered in the Report
By Type
By Application
By Geography
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