Healthcare Nanotechnology (Nanomedicine) Market Latest Trends and Future Advancement upto 2027
Industry Trends
Nanomedicine is an offshoot of nanotechnology, and refers to highly specific molecular-scale medical intervention to cure diseases or repair damaged tissues. Nanomedicine uses nano-sized tools to diagnose, prevent and treat disease, and to gain a greater understanding of the disease's complex underlying pathophysiology. It covers three diagnostic, imaging and drug delivery areas with nanoparticles in the range 1–1,000 nm, biochips, and polymer therapies.
The majority of the nanomedicines used now allow the delivery of oral drugs, and their demand is increasing significantly. While these nanovectors are designed to translocate across the gastrointestinal tract, lung, and blood-brain barrier, the amount of drug transferred to the organ is less than 1 percent; thus, improvements are challenging. The aim of nanomedicines is to maximize the benefit / risk ratio, and their toxicity must be assessed not only through sufficiently long-term in vitro and in vivo studies, but also through multiple clinical trials. The regions covered in the report are the Americas, Europe, Asia Pacific, and Rest of the World (ROW). The Americas is set to be the leading region for the nanomedicine market growth followed by Europe. The Asia Pacific and ROW are set to be the emerging regions. Japan is set to be the most attractive destination and in Africa, the popularity and the usage of various nano-drugs are expected to increase in the coming years. The major countries covered in this report are the US, Germany, Japan, and Others.
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Nanomedicine in Healthcare Market Revenue & Forecast, (US$ Million), 2015 – 2027
Competitive Landscape
The key players operating in the global nanomedicine market are: Abbott Laboratories, CombiMatrix Corporation, General Electric Company, Sigma-Tau Pharmaceuticals, Inc., Johnson & Johnson, Mallinckrodt plc., Merck & Company, Inc., Nanosphere, Inc., Pfizer, Inc., and Teva Pharmaceutical Industries Ltd.
The other prominent players in the value chain include: Celgene Corporation, UCB (Union Chimique Belge) S.A., AMAG Pharmaceuticals, Nanospectra Biosciences, Inc., Arrowhead Pharmaceuticals, Inc., Leadiant Biosciences, Inc., Epeius Biotechnologies Corporation Gilead, and Cytimmune Sciences, Inc..
At present, the nanomedicine market is at a nascent stage – but, a lot of new players are entering the market as it holds huge business opportunities. Especially, big players along with the collaboration with other SMBs for clinical trials of nanoparticles and compounds are coming with new commercial targeted drugs in the market and they are expecting a double-digit growth in the upcoming years. Significant investments in R&D in this market are expected to increase and collaborations, merger & acquisition activities are expected to continue.
Nanomedicine Market:
By Product Type: Nanomolecules, Nanoparticles, Liposomes, Polymer and Polymer Drug Conjugates, Hydrogel Nanoparticles, Dendrimers, Nanoshells, Nanotubes, Nanodevices
By Application: Vaccines, Regenerative Medicines, Diagnostic Imaging, Drug Delivery, Implants, In-Vitro Imaging, In-Vitro Diagnostics, Therapeutics
Others
By Indication: Oncological Diseases, Infectious Diseases, Cardiovascular Diseases, Orthopedic Disorders, Neurological Disorders, Urological Disorders, Ophthalmological Diseases, Immunological Diseases, Anti-Inflammatory Diseases, Anti-Infective Diseases, Others
By Geography:
North America: (U.S, Canada, Mexico, Rest of North America)
Europe: (France, The UK, Spain, Germany, Italy)
Nordic Countries: (Denmark, Finland, Iceland, Sweden, Norway)
Benelux Union: (Belgium, The Netherlands, Luxembourg, Rest of Europe)
Asia Pacific:(China, Japan, India, New Zealand, Australia, South Korea)
Southeast Asia: (Indonesia, Thailand, Singapore)
Rest of Southeast Asia
Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)
Latin America: (Brazil, Argentina, Rest of Latina America)
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