Nano Therapy Market Size with Top Region Analysis by 2023; Europe, Asia – Pacific and North America

The Global Nanotherapy Market is expected to grow at a CAGR of 8.2% during the forecasted period 2017-2023.

Nanotherapy is an advanced methodology in proper detection and improved diagnosis for the proper treatment of diseases. According to the National Cancer Institute (2014), 14 million people were suffering from cancer worldwide, which is expected to reach 19 million till 2024. The key driving factors for the growth of nanotherapy market are increasing the prevalence of diseases such as diabetes and cancer, rising demand for the better treatment option, and increasing healthcare expenditure. Furthermore, government support for research and continuous improvement in healthcare infrastructure boost the market. However, higher cost of treatment and strict regulatory norms may restrain the growth of the global nanotherapy market.

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Nanotechnology has the potential to improve the drug solubility, stability, half-lives, and efficiency of the treatment. Nano therapy is a modern technique for treatment of various diseases and performed with the help of submicron sized molecular devices or nanoparticles. Nanotechnology offers the possibility to enhance drug dissolvability and strength, drag out medication half-lives in plasma, minimize off target impacts, and gather drugs at an objective site. This technology is characterized as submicron estimated atomic gadgets or nanoparticles prevalently running from 5 to 500 nm in one dimension. Generous past exploration exertion has brought about techniques to fuse helpful operators into biocompatible Nano devices including polymer nanoparticles, liposomes, micelle frameworks, inorganic nanoparticles, nanotubes, and dendrites.

Top Key Player of Nano-therapy Market:

Some of the major players for the market are Smith and Nephew (UK), Selecta Biosciences, Inc. (US), Sirnaomics Inc. (US), Tarveda Therapeutics (US), DIM (US), Cristal Therapeutics (the Netherland), CytImmune Science Inc. (US), Luna (US), NanoBio Corporation (US), NanoBioMagnetics.n.nu (US), Nanobiotix (France), Nanoprobes Inc. (US), Parvus Therapeutics (US), Nanospectra Biosciences Inc. (US), Nanosphere Inc. (US), NanoMedia Solutions Inc. (Japan).

Regional Analysis

America dominates the global nanotherapy market owing to increasing prevalence of cancer and other chronic diseases, well-developed healthcare sector, and growing demand for the better treatment. Europe commands as the second largest market, which is followed by Asia Pacific. Well-developed infrastructure, increasing demand for better treatment, and extensive research in nanotechnology sector for new drugs development using nano-medical devices have driven this market in Europe. Asia Pacific is expecting the fastest growth in the market during the forecasted period.

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Rapid growth in the healthcare sector, developing economies, and increasing need for better treatment for the diseases have encouraged the nano technology market of Asia Pacific region. However, the Middle East & Africa holds the least share in the global market.

Brief TOC

Report Prologue
Market Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Global Nano therapy Market, By Technology
Global Nano therapy Market, By Product Type
Global Nano therapy Market, By Applications
Global Nano therapy Market, By End Users
Global Nano therapy Market, By Regions
Competitive Landscape
Company Profile
Bibliography

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