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Biological machines are cellular devices designed to perform various functions such as protein expression, sensing, transport, information processing and actuation in a micro-environment. Also known as cellular systems, biological machines are used as tools for biological repair, implants for drug release, synthesis and sensing and also as organ mimics for drug testing. Rapid convergence of engineering and biotechnology is assisting in the development of biological machines. The biological machines market is in its developing phase characterized by under research and development technologies. 
 
A number of universities and research organizations are involved in the research and development activities for biological machines. For instance, bioengineers at the University of Illinois are trying to print biobots using 3D printers. The bioengineering department of the university currently aims to develop biological materials that can perform certain biological repair tasks. They have managed to print biobots from a combination of muscle cells and gel, which is a stepping stone towards one day printing of functional organs for implantation. Funded by the National Science Foundation (NSF), the research team at the University of Illinois will be developing simple biological materials using muscle cells and then proceed to genetically engineer cells that respond to light in predictable ways, allowing the creation of controllable biobots.
 
This research is being performed at the NSF Science and Technology Center in the U.S., with other research partners at the Massachusetts Institute of Technology (MIT), the Georgia Institute of Technology and minority-serving partners at City College of New York, Morehouse College (Atlanta, U.S.) and University of California at Merced (UCM). The NSF had granted USD 25 million in 2010, for a five-year term to establish the Emergent Behaviors of Integrated Cellular Systems Center (EBICS) each at MIT, University of Illinois and the Georgia Institute of Technology.
 
Besides healthcare, biological machines find applications in other aspects that potentially effect health. Researchers from the Imperial College London have demonstrated a way of developing a new type of biological wire using proteins, which interacts with DNA and act as wires in an electrical circuitry. This new wire has the capability of being re-engineered over and again to create billions of connections between DNA components. Re-wiring of DNA in yeast can aid in performing various tasks such as detecting contaminants in water supplies and recording environmental conditions in the production of biofuels.
 
Once successful, new organs can be designed and implanted using biological robots which have the ability to sense drug or glucose levels in the blood stream and respond accordingly by stimulating or inhibiting the secretion. Biorobots can be used to perform nanoscale tasks inside the human body. Retinal implants, sensory systems, cortical implants, auditory system, nanotube electrodes and other such products can be developed using biological machine technology. Principles of cellular systems are applied to develop these biological machines i.e. implants and nanoscale products that can perform small tasks in the human body.
 
Being at its nascent stage, the biological machines market is profound in the developed countries of North America and Europe. Approval of biological machines by the FDA and other regulatory authorities will require additional time as these machines directly react with the biological systems. The market for biological machines in the developing regions is still far from development owing to slower rate of acceptance and lack of advanced healthcare infrastructure.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Biological Machines Market