Press release
Gold Nanoparticles Market Emerging Analysis on Sigma Aldrich, BBI Solutions, Cytodiagnostics, Nanostellar, and Johnson Matthey
Gold Nanoparticles Market, Gold Nanoparticles Market Study, Gold Nanoparticles Market Size, Gold Nanoparticles Market Segmentation
Gold Nanoparticles Market size is projected to cross USD 8 billion by 2022, North America was the dominating region with close to 33% of the global share in 2014 and registered over USD 440 million in 2014. North America and Europe are expected to lose their shares to Asia Pacific owing to the developments in the electronics industry in the region.
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Report Mainly focuses on the top Manufacturers in global market are given bellow
Technologies NanoSphere, Sigma Aldrich, BBI Solutions, Cytodiagnostics, Nanostellar, and Johnson Matthey.
Global gold nanoparticles market size for medical applications recorded revenue over USD 650 million in 2015, which accounts for more than half of the global market share. Electronics are forecast to be the fastest growing application segment, owing to recent developments in the electronics industries using nanoparticles. The industry accounted for over USD 280 million of gold nanoparticles market in 2014.
Gold nanoparticles by application
• Medical &dentistry
• Electronics
• Catalysis
• Others
Growth is expected to be stimulated by strong prevalence trends across medical applications for imaging, diagnosis, and drug delivery. Gold nanoparticles market product finds extensive application in targeted diagnosis and treatment of tumor and cancer owing to its special properties including strong scattering, optoacoustic signaling, high absorption rate with less bone or tissue interference, etc. Gold nanoparticles market also find applications in photo-thermal therapy and in coating titanium based dental implants for osteoinduction.
Growing expenditure for product development and R&D for applications in end-user industries will also boost the global gold nanoparticles market. Several ongoing research projects on application in gene therapy of plants, electrical and electronic products including colorimetric sensors, nanowires, fuel cells, etc. may give potential growth opportunities.
Development in application industries, especially in the electronics sector, will be an important growth driver for the gold nanoparticles market in the forecast timeframe. Development of the electronics industry in the Asia Pacific, with China, India, South Korea, Japan, and Taiwan becoming the major manufacturing hubs for electronic goods, will have a positive influence in the global market in the next few years. Strong consumption in flash drives, micro SD, DLNA devices and several other precision storage devices, photovoltaic devices, and high precision printing will steer gold nanoparticles industry growth.
Insufficient and fluctuating gold supply for the manufacturing of the nanoparticles coupled with inconsistent raw material prices, owing to supply-demand gap may act as restraints for growth. Regulations regarding nanoparticles and their application may also hinder the global gold nanoparticles market growth in the forecast period.
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The above information is provided on a regional and country basis for the following:
U.S., Germany, UK, China, India, Brazil, Saudi Arabia
Asia Pacific accounted for over 20% of the global gold nanoparticles market share in 2014, registering a revenue more than USD 390 million. Regional growth is projected to witness a CAGR of more than 28% from 2015 to 2022.
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