2020 Healthcare Nanotechnology (Nanomedicine) Market Industry Status And Detailed Analysis 2023 | Sanofi SA, Celegene Corporation, CytImmune Sciences Inc., Johnson & Johnson, Luminex Corporation

The global Healthcare Nanotechnology (Nanomedicine) market was valued at USD 2137.65 million in 2018, and is expected to reach a value of USD 2773.71 million by 2024, at a CAGR of 4.44%, during the forecast period 2019 - 2024.

The gyroscope technology has witnessed huge amount of innovations in the last decade with the introduction of MEMS-based Healthcare Nanotechnology (Nanomedicine). The accuracy and efficiency of the Healthcare Nanotechnology (Nanomedicine) have also improved as multi-axis Healthcare Nanotechnology (Nanomedicine) are more accurate due to digital integration.

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Scope of the Report

As per the scope of the report, the healthcare nanotechnology (nanomedicine) market includes products that are nanoformulations of the existing drugs or new drugs or are nanobiomaterials. The market is segmented by its application in the medical field, as drug delivery, biomaterials, active implants, diagnostic imaging, tissue regeneration, and other applications. The market is also segmented by its use in the treatment of diseases, like cardiovascular diseases, oncological diseases, neurological diseases, orthopedic diseases, infectious diseases, and other diseases.

Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-

Sanofi SA, Celegene Corporation, CytImmune Sciences Inc., Johnson & Johnson, Luminex Corporation, Merck & Co. Inc., Nanobiotix, Pfizer Inc., Starpharma Holdings Limited, Taiwan Liposome Company Ltd

Industry Overview-

Nanoscale technology is widely used in medical devices and medicine where manipulations are made at the molecular level, taking advantage of the novel properties of a material. The primary demand of this field in medicine is in making improvements in the delivery of treatments and healthcare outcomes. Nanomedicine refers to the usage of nanoscale healthcare technology in pharmaceutical applications to make medically useful products.

Nanomedicine is a promising mode of cancer treatment. This growing field of medical research can be used to discover a better-personalized treatment for a range of diseases, including cancers. With the advantage of the properties of matter at the nanoscale, nanomedicine promises to develop innovative drugs with greater efficacy and lesser side effects than standard therapies. The need for technological advancements to enhance disease diagnosis, treatment, and prevention is the major driver for the nanomedicine market. In the case of cancers, nanomedicine offers promising changes from the current methods of diagnosing and treating cancer. Translation of nano-based cancer therapies and diagnostics has witnessed significant progress and several new developments are in the pipeline. Along with these, multiple other factors are also driving the growth of this market in the healthcare industry.

The Growth of Nanomedicine is Expected to Provide High Opportunities for the Treatment of Neurological Diseases, Over the Forecast Period

A large number of brain disorders with neurological and psychological conditions result in short-term and long-term disabilities. Recent years observed a significant number of research studies being published on methods for the synthesis of nanoparticle-encapsulated drugs within in vivo and in vitro studies. The insufficient absorbance of oral drugs administered for a range of neurological conditions, such as Alzheimer's disease, Parkinson disease, tumor, neuro-AIDS, among others, opens up the necessity of nanomedicine with stem cell therapy. Some of the registered nanoparticles for the complex CNS treatment are a gold nanoparticle, lipid nanoparticle, and chitosan nanoparticles.

Other than neurological diseases, research-based progress was found in the treatment of cancers, with the scientific communities identifying new metabolic pathways to find better drug combination using nanomedicine.

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North America is Expected to Hold the Largest Share in the Market

In the United States, several companies are closely observing the developments in nanostructured materials across various applications in the healthcare industry, including medical devices, to improve efficiency and efficacy. In the United States, the National Nanotechnology Initiative (NNI), which was initiated in 2000, is among the supreme bodies that manage all nanotechnology-related activities. Under the NNI, several agencies are working in collaboration with companies and universities. For instance, nano-manufacturing in Small Business Innovation Research (SBIR) programs were developed for both commercial and public use. Companies are targeting the treatment of several cancer types and infectious diseases through immunotherapy, where nanoemulsion vaccines and drugs play a significant role. In the United States, one of the major challenges associated with nanotechnology is the ability to integrate nanoscale materials into new devices and systems, along with an application of novel properties at the nano-level. Thus, most of the companies are investing in R&D. Nanotechnology is likely to play a significant role in the delivery of drugs. In the recent strategic plan presented by the NNI in 2016, several programs were identified to further advance the research and development programs, over the forecast period.

Major points covered in this research are:-
Healthcare Nanotechnology (Nanomedicine) Market Overview, Segment by Type (Product Category), by Application, by Region (2019-2024), Competition by Manufacturers
Global Market Size (Value) of Healthcare Nanotechnology (Nanomedicine) (2019-2024)
Global Healthcare Nanotechnology (Nanomedicine) Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2019-2015)
Global Healthcare Nanotechnology (Nanomedicine) Production, Revenue (Value), Price Trend by Type
Global Healthcare Nanotechnology (Nanomedicine) Market Analysis by Application
Global Healthcare Nanotechnology (Nanomedicine) Manufacturers Profiles/Analysis
Healthcare Nanotechnology (Nanomedicine) Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Healthcare Nanotechnology (Nanomedicine) Market Forecast (2019-2024)
Competitive Landscape
Research Findings and Conclusion

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Finally, this Healthcare Nanotechnology (Nanomedicine) report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Healthcare Nanotechnology (Nanomedicine) product development and gives an outline of the potential Global market.

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