Press release
Nanotechnology Drug Delivery Market Size Worth USD 209.5 billion by 2032 At a CAGR of 9.1% Says AMR
Nanotechnology Drug Delivery Market
What are the factors driving the Nanotechnology Drug Delivery Market?
The nanotechnology drug delivery market refers to the application of nanotechnology in the development and delivery of therapeutic agents for the treatment of various diseases. Nanotechnology involves manipulating matter at the nanoscale, typically in the range of 1 to 100 nanometers, to create materials and structures with unique properties. Nanoscale drug delivery systems may enhance the solubility, stability, and bioavailability of drugs, as well as improve their targeting and release properties. Nanomedicines may be engineered to carry drugs to specific sites in the body, such as tumors or diseased tissues, while minimizing side effects and improving therapeutic outcomes.
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Top Nanotechnology Drug Delivery Companies :
• Teva Pharmaceutical Industries Limited
• Bristol-Myers Squibb Company
• Abbvie Inc
• Merck KGaA
• Novartis AG
• Pfizer Ltd
• AstraZeneca plc
• Nanobiotix SA
• Amgen Inc.
• Johnson & Johnson
Nanotechnology Drug Delivery Market Segmentation: -
The nanotechnology drug delivery market is categorized into lipid-based nanomedicine, polymer-based nanomedicine, nanocrystals, and others. The others include inorganic nanoparticles, protein-based nanoparticles, and micelles. The polymer-based nanomedicine segment was the largest revenue contributor to the market in 2022, owing to high degree of versatility in terms of formulation design and drug delivery strategies. However, Lipid-based nanomedicine is expected to register fastest growth during the forecasted period. This is attributed to the fact lipids are natural compounds found in the human body and have excellent biocompatibility. Lipid based nanomedicines are non-toxic, biodegradable, and may mimic biological membranes.
On the basis of application, nanotechnology drug delivery market is segmented into oncology & hematology, infectious diseases, orthopedics, neurology, urology, immunology, and others. The others include gastrointestinal, inflammatory, endocrine, integumentary, ophthalmology, and cardiology. The oncology & hematology segment was the highest revenue contributor to the market and is expected to remain dominant during the nanotechnology drug delivery market forecast period. This is attributed to the high research and development activities towards the application of nanotechnology to effectively treat cancer.
On the basis of region, the nanotechnology drug delivery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for largest share in the market for nanotechnology drug delivery in 2022. This is attributed to advancements in technology in nanomedicines and rise in prevalence of chronic disease such as cancer and strong presence of nanotechnology drug delivery industry in this region. However, Asia-Pacific is expected to register a noteworthy CAGR during the forecast period, owing to favorable government initiatives such as funding and presence of high-tech research institutes.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?
By Region Outlook :
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• 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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