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Nanomedicine Market - Trends, Innovations And Forecasts to 2032 || Pfizer Inc., Nanotherapeutics Inc., NanoViricides Inc., Arrowhead Research Inc., Celgene Corporation

Nanomedicine Market

Nanomedicine Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Nanomedicine Market Size, Growth Rate, And Forecast

The global nanomedicine market size grew from $253.34 billion in 2022 to $287.42 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nanomedicine market size is expected to grow to $487.69 billion in 2027 at a CAGR of 14.1%.

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Nanomedicine Market Drivers

The rising burden of complex and chronic diseases across the globe is expected to contribute to the growth of the nanomedicine market in the forecast period. Nanomedicine is increasingly being used in treating chronic diseases including cardiovascular disorders, diabetes, cancer, dementia, and others where it helps in the fast metabolism of drugs in the body. According to the international federation of Alzheimer's associations, Alzheimer's Disease International, more than 50 million people are suffering from dementia globally, and is projected to double every 20 years, which will reach 80 million by 2030 and 152 million by 2050. In 2020, the total cancer burden in the world increased to 19.3 million new cases and is predicted to rise to 28.4 million new cancer cases in 2040. This increasing burden of chronic diseases is expected to propel the demand for effective therapeutics treatment based on nanomedicine, thus driving the market.

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Nanomedicine Market Segments

• By Type: Nanoparticles, Nanoshells, Nanotubes, Nanodevices, Other Types

• By Modality: Diagnostics, Treatments

• By Application: Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, Other Applications

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the nanomedicine market.

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Nanomedicine Market Key Players
Major competitors in the nanomedicine market are Pfizer Inc., Nanotherapeutics Inc., NanoViricides Inc., Arrowhead Research Inc., Celgene Corporation, Bio-Gate AG, Merck AG, Ablynx NV.

The Business Research Company's "Global Nanomedicine Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Nanomedicine Market Include:
1. Executive Summary
2. Nanomedicine Market Characteristics
3. Nanomedicine Market Trends And Strategies
4. Nanomedicine Market - Macro Economic Scenario
5. Nanomedicine Market Size And Growth
………………
27. Nanomedicine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nanomedicine Market
29. Nanomedicine Market Future Outlook and Potential Analysis
30. Appendix

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