Press release
Nanotechnology Drug Delivery Market to reach US$ 11.9 Bn in 2023
Get A Free Report Brochure:http://bit.ly/1SGI4W4
Application of nanotechnology is aimed at improving drug delivery. Advancement in nanotechnology has revolutionized the delivery of nanometer range of drug molecules. Rising prevalence of infectious diseases and cancer, significant nanotechnology research, and increasing demand for novel drug delivery systems are driving the nanotechnology market. However, unspecific regulatory guidelines for novel nanotechnology based drugs is expected to hamper market growth during the forecast period. The global nanotechnology drug delivery market was valued at US$ 4.1 Bn in 2014 and is anticipated to reach US$ 11.9 Bn by 2023, expanding at a CAGR of 12.5% from 2015 to 2023.
Nanoparticles dominated the global nanotechnology drug delivery market in 2014 due to wide range of applications and increase in demand for nanoparticles globally. The dendrimers sub-segment dominated the nanoparticles segment owing to factors such as polyvalency, flexibility in size and shape, monodispersity, biocompatibility, and better transfection properties than other technologies. However, the nanotubes segment is expected to expand at the highest growth rate during the forecast period. Growth of this segment is attributed to high efficiency of nanotubes in health care specifically in drug delivery, bio-sensing methods for disease treatment, and health monitoring.
Oncology was the largest application segment of the nanotechnology drug delivery market in terms of revenue in 2014. The segment is expected to dominate the market during the forecast period. Rise in demand for effective treatment therapies for cancer coupled with increasing incidence of this disease drives the oncology application segment. Neurology was the second largest application segment of the nanotechnology drug delivery market in 2014 due to efficient application of nanotechnology in neuromolecular diagnostics and discovery of neurodegenerative markers.
The cardiovascular application segment is expected to expand at the highest CAGR during the forecast period from 2015 to 2023. Most of the research studies related to nanotechnology-based cardiovascular treatment drugs are in pipeline; however, groundbreaking innovation in this field is expected to drive this market.
The global nanotechnology drug delivery market is consolidated, with relatively small number of companies accounting for majority of the market share in 2014. AbbVie, Inc., Amgen, Inc., Johnson & Johnson, Novartis AG, and Teva Pharmaceutical Industries Ltd. are the key players in the global nanotechnology drug delivery market.
The global nanotechnology drug delivery market is segmented as follows:
Global Nanotechnology Drug Delivery Market, by Technology
Nanocrystals
Nanoparticles
Dendrimers
Gold Nanoparticles
Dendrimers
Fullerenes
Others
Liposomes
Micelles
Nanotubes
Others
Global Nanotechnology Drug Delivery Market, by Application
Neurology
Oncology
Cardiovascular/Physiology
Anti-inflammatory/Immunology
Anti-infective
Others
Global Nanotechnology Drug Delivery Market, by Geography
North America
Europe
Asia Pacific
Latin America (LATAM)
Rest of the World (RoW)
Read Full Report Description With TOC:http://bit.ly/1RXBWsm
About Us:-
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact Us:-
Mr.Sudip.S
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nanotechnology Drug Delivery Market to reach US$ 11.9 Bn in 2023 here
News-ID: 335731 • Views: …
More Releases from Transparency Market Research
Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
The latest research study released by Transparency Market Research on "Solid Tires Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses.
Solid Tires market is estimated to attain a valuation of US$ 760.0 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during…
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031 …
The latest research study released by Transparency Market Research on "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐲𝐛𝐞𝐫 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Automotive Cyber security industry, as…
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from …
The latest research study released by Transparency Market Research on "𝐑𝐞𝐚𝐝𝐲-𝐦𝐢𝐱 𝐂𝐨𝐧𝐜𝐫𝐞𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Ready-mix Concrete industry, as well as…
Mining Automation Market to Surge at 6.4% CAGR, Hitting US$ 7.3 Bn by 2031, Acco …
The latest research study released by Transparency Market Research on "𝐌𝐢𝐧𝐢𝐧𝐠 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Mining Automation industry, as well as…
More Releases for Nanotechnology
Aerospace Nanotechnology Market | Increasing Investment on Nanotechnology to Ado …
Nanotechnology refers to structures that are smaller than 100 nanometers. This technology is proficient as it is capable of altering the way in which materials are manufactured and the functionalities involved can be augmented or retained. Aerospace nanotechnology comprises three types of nanomaterial, namely, polymer nano composites, anti-corrosion coatings, and nano structured metals. Nano structured materials are also used for developing traditional energetic materials that are used for ammunitions. Development…
Nanotechnology Market Report 2018 - What are the key factors driving the growth …
Nanotechnology Market Research Report
The global nanotechnology market is expected to exceed US$ 125 Billion mark by 2024. Nanotechnology continues to have a broad and fundamental impact on nearly all sectors of the global economy, namely electronics, energy, biomedical, cosmetics, defense, automotive and agriculture among others. The factors such as advancement in technology, increasing government support and private sector funding for R&D, growing demand for miniaturization of devices, and strategic alliances between…
World Nanotechnology Conference
Magnus Group takes prodigious pleasure to invite you to participate in the ‘World Nanotechnology Conference’ scheduled on April 15-17, 2019 in Dubai, UAE. The conference aims to review their knowledge, experience and share new ideas amongst the professionals, Industrialists and students from research areas of Nanoscience and Nanotechnology and take active part in the interactive discussions and technical sessions at the conference with the theme “Presenting Excellency of Nanotechnology to…
Global Nanotechnology Market Outlook 2024
ReportsWorldwide has announced the addition of a new report title Global Nanotechnology Market Outlook 2024 to its growing collection of premium market research reports.
Nanotechnology is a rapidly growing technology with potential applications in many sectors of global economy namely healthcare, cosmetics, energy and agriculture among others. The technology is revolutionizing every industry while tremendously attracting worldwide attention. Owing to its wide range of uses, the global nanotechnology market is expected…
Rising Investments in Nanotechnology by Government Organizations to Bolster Nano …
"The Report Global Nanorobotics Systems Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
A new market research study has been added by MarketResearchReports.biz to its vast collection of research reports. The 57-page study, titled “Global Nanorobotics Systems Market 2016-2020,”offers a detailed overview of the market in order to guide the key players and readers. The product segmentation, primary applications,…
Nanotechnology Market Forecast to 2014
RNCOS has recently added a new Market Research Report titled, “Nanotechnology Market Forecast to 2014” to its report gallery. In the coming years, nanotechnology is set to play a pivotal role in various industry segments. The evolving technology has already influenced a large number of industrial segments, and the economic activity generated from it has been high in magnitude and wide in scope. The nanotechnology-based products, which have had a…
