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Medical Biomimetics Market Share

Report ID: GMI767
Published Date: Aug 2021
Report Format: PDF

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Medical Biomimetics Market Share

Major players operating in the medical biomimetics market are :

Abbott
Avinent Implant System
BioHorizons
Biomimetics Laboratories Inc.
BioTomo Pty. Ltd.
Hstar Technologies corporation
Veryan medical

These competitors are adopting numerous business strategies such as collaborations & partnerships and acquisitions strategy to enhance their market share.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Medical biomimetics market size was USD 32 billion in 2020 and will observe a CAGR of over 6.5% through 2027.

Cardiovascular segment had held 40% of the market share in 2020 and will grow due to higher adoption of sedentary lifestyle and unhealthy diet among people.

Industry revenue from drug delivery crossed USD 6.5 billion in 2020 owing to rising adoption of three dimensional biomimetics models in controlled drug delivery.

North America market had secured around 45% revenue share in 2020 owing to the presence of leading companies with strong product demand in the region.