Press release
Nanoparticle Analysis Market is Expected to Reach USD 4.9 Billion by 2031
Global Nanoparticle Analysis Market report from Global Insight Services is the single authoritative source of intelligence on Nanoparticle Analysis Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.The global Nanoparticle Analysis Market was valued at USD 2.5 billion in 2021 and it is anticipated to grow up to USD 4.9 billion by 2031, at a CAGR of 6.9% during the forecast period.
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Nanoparticle analysis is the study of particles that have at least one dimension measuring 100 nanometers or less. These particles are too small to be seen with the naked eye and must be studied using special instruments and techniques. Nanoparticles are of interest because of their unique physical and chemical properties. They are often used in medical and industrial applications because of their small size, which allows them to be easily absorbed by the body or to be used in products without changing their properties. Nanoparticle analysis can be used to study the size, shape, and composition of nanoparticles. It can also be used to determine how nanoparticles interact with each other and with their surroundings. This information is important for understanding the potential risks and benefits of using nanoparticles in various applications.
Market Trends and Drivers
The nanoparticle tracking analysis segment is slated to witness around 8% gains from 2022 to 2028. The growth can be credited to the growing acceptance of nanoparticle tracking analysis in healthcare applications such as exosomes, macrovesicles, extracellular vesicles characterization, and viral vaccine research & development. This nanoparticle analysis technology helps companies in drug developments and manufacturing workflows through raw material selection processes and quality control. Several market participants are focusing on expanding their distribution channels to scale up their presence.
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Global Nanoparticle Analysis Market Segmental Overview
Based on technology, it is segmented into Dynamic light scattering, Laser diffraction, Nanoparticle tracking analysis, Resonant mass measurement, Microscopy, X-ray diffraction, and Others. Among these, nanoparticle tracking analysis segment is slated to witness around 8% gains from 2022 to 2028. The growth can be credited to the growing acceptance of nanoparticle tracking analysis in healthcare applications such as exosomes, macrovesicles, extracellular vesicles characterization, and viral vaccine research & development. This nanoparticle analysis technology helps companies in drug developments and manufacturing workflows through raw material selection processes and quality control. Several market participants are focusing on expanding their distribution channels to scale up their presence.
Global Nanoparticle Analysis Market by Application
With regards to appliction, the Nanoparticle Analysis Market is divided into Pharmaceutical & biopharmaceutical companies, Academic research institutions, Public & private research institutions, and Medical device companies. Medical device companies are expected to register significant growth rate through 2031 owing to the integration of nano-ink & nano-coating technology for manufacturing medical electronic devices. Several medical devices including vitro diagnostic devices, heart valves, dental implants, bone void fillers, catheters, stents, orthopedic implants, and cancer therapeutics are manufactured using nanoparticle analysis techniques.
Several OEMs are focusing on collaborative approaches to develop new medical electronic devices by integrating nanotechnology with the help of nanoparticle analysis systems. For instance, in January 2022, XTPL, a nano-printing solution provider in Europe, announced its collaboration with Nano Dimension Ltd. to co-develop metallic nanoparticle-based conductive inks. These inks are designed to allow end users to manufacture Additively Manufactured Electronics (AME) for medical, healthcare, commercial and other industrial applications.
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Major Players in the Global Nanoparticle Analysis Market
The key players in the Nanoparticle Analysis Market Hitachi, Ltd., Shimadzu Corporation, Horiba Ltd., Bruker Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, JEOL, Ltd., TSI Incorporated, Microtrac, Inc., and Wyatt Technology Corporation. among others.
COVID-19 Impact
The COVID-19 pandemic moderately impacted the global nanoparticle analysis market. The industrial sector was significantly hit during the first wave, resulting in decreased instrument production and limitations on raw material & particle transportation, among other issues. In the second half of FY2021, the pandemic facilitated the development of novel technologies for medical research facilities and medical device manufacturers. The increasing efforts of biopharma & biotech companies globally to create COVID-19 vaccines are fueling the market growth.
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