Nanotechnology has great potential to improve the healthcare industry. It has expected that the integration of nanotechnology in several applications of healthcare will be the central phenomenon to watch in the next decade. Nanotechnology in healthcare provides significant chances to transform the field of diagnosis, treatment, and prevention of diseases.
Rise in the occurrence of chronic diseases, increasing consciousness about preventive measures of healthcare and large-scale progression in nanotechnology are the critical factors of this market.
However, a low significant association between the biomedical scientists and microelectronic engineers may hold back the development of this market.
Market Data Forecast published a report named Nanotechnology in Medical Devices Market. Global Nanotechnology in Medical Devices Market worth was USD 731 Million in 2018, and it was expected to reach USD 1336 Million by 2023 with a CAGR of 12.82% in the forecast period.
Report segmented as:
By Product Type:
- Implantable Material
- Medical Textile
- Wound Dressing
- Active Implantable Material
Based on geography, the market divided under many countries namely, North America, Asia-Pacific, Europe, Latin America and the Middle East and Africa. North America has led the Nanotechnology in Medical Devices Market, and Asia-Pacific estimated to reach the highest rate.
Key market players:
- AMAG Pharmaceuticals, Inc.
- Ferro Corp.
- CapsulutionNanoscience AG
- Merck KGaA
- GE Global Research
- Stryker Corporation
- Acusphere, Inc.
- 3M Company
- Jude Medical, Inc.
- Affymetrix, Inc.
- Smith & Nephew, Inc.
- PerkinElmer, Inc.
- Starkey Hearing Technologies.
- Argon Medical Devices, Inc.
The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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