Press release
Nanotechnology Drug Delivery Market Size Predicted to Hit USD 209.5 billion by 2032 at 9.1% CAGR, Says AMR
Allied Market Research published a report, titled, "Nanotechnology Drug Delivery Market by Formulation (Lipid-Based Nanomedicine, Polymer-Based Nanomedicine, Nanocrystals and Others), Applications (Oncology & Haematology, Infectious Diseases, Orthopaedics, Neurology, Urology, Immunology, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global nanotechnology Drug Delivery Industry generated $87.5 billion in 2022, and is anticipated to generate $209.5 billion by 2032, witnessing a CAGR of 9.1% from 2023 to 2032.The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ-
โข The COVID-19 outbreak had a moderate impact on the growth of the global nanotechnology drug delivery market.
โข The travel restrictions disrupted the ongoing clinical trials and delayed the research and development of nanotechnology applications in healthcare, resulting in slowing the growth of the market.
โข On the other hand, the urgent need for COVID-19 vaccine and treatment spurred rapid advancements in nanomedicine.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ง ๐๐๐ง๐จ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐ซ๐ฎ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐๐- ๐๐ฅ๐ฅ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก- https://www.alliedmarketresearch.com/request-sample/10824
Rise in prevalence of chronic diseases and advancement in nanotechnology drive the growth of the global nanotechnology drug delivery market. However, manufacturing complexities is hampering the nanotechnology drug delivery market growth. On the contrary, government initiatives in the field of nanotechnology drug delivery are expected to offer remunerative opportunities for expansion of the nanotechnology drug delivery market during the forecast period.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐๐ข๐๐ ๐๐ฎ๐ซ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ -
โข Medtronic Inc.
โข MAQUET GmbH & Co. KG
โข Quest Medical, Inc.
โข Angiodynamics, Inc.
โข Terumo Cardiovascular Systems Corporation
โข Edwards Life Science
โข Abbott Vascular
โข LivaNova PLC
โข Boston Scientific Corporation
โข Cook Medical
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐๐ข๐๐ ๐๐ฎ๐ซ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง -
Based on formulation, the polymer-based nanomedicine segment held the highest market share in 2022, accounting for more than one-third of the global nanotechnology drug delivery market, due to to high degree of versatility in terms of formulation design and drug delivery strategies. However, the lipid-based nanomedicine is projected to manifest the highest CAGR of 9.7% from 2023 to 2032, period owing to increase in interest for lipid based nanomedicine, and increase in number of FDA approval products.
Based on application, the oncology and haematology segment held the highest market share in 2022, accounting for nearly two-fifths global nanotechnology drug delivery market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to the high research and development activities towards the application of nanotechnology to effectively treat cancer. However, the neurology is projected to manifest the highest CAGR of 11.4% from 2023 to 2032, period due to ability of nanomedicines to effectively cross blood brain barrier and ensuring higher therapeutic effect.
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for around two-fifths of the global nanotechnology drug delivery market revenue, owing to advancement in technology in nanomedicines and rise in prevalence of chronic disease such as cancer and strong presence of market key players. However, the Asia-Pacific region is expected to witness the fastest CAGR of 10.3% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to favorable government initiatives such as funding and presence of high-tech research institutes.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/10824
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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