Global Biomimetic Technology Market: Focus on Medical & Robotics: (End-User and Application) - Analysis and Forecast, 2018-2028
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:
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