Pharmaceuticals

Global Nanomedicine Market Outlook, Opportunities And Strategies

November 2, 2021 by The Business Research Company

Learn about the global nanomedicine market through The Business Research Company, which provides information on nanomedicine market size, nanomedicine market drivers and restraints, nanomedicine market players, the COVID-19 impact on the nanomedicine market, and more.

The global nanomedicine market is expected to grow from $190.83 billion in 2020 to $221.12 billion in 2021 at a compound annual growth rate (CAGR) of 15.9%. The change in growth trend of the nanomedicine market is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The nanomedicine market is expected to reach $361.44 billion in 2025 at a CAGR of 13.1%.

The rising burden of complex and chronic diseases across the globe are expected to drive nanomedicine manufacturing, thus driving the market during the forecast period.

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The nanomedicine market consists of sales of nanotechnology-based applications in medicines by entities (organizations, sole-trader, and partnerships) that are engaged in utilizing nanomaterials for the enhanced diagnosis and treatment of various health issues. Nanomedicine is a branch of medicine that applies nanotechnology knowledge and tools for the prevention and treatment of disease. They are nanoscale materials that are used in diagnosis and treatment procedures in oncology, cardiology, infectious diseases, orthopedics, and other medical areas. Nanomedicine is an important instrument that enables personalized, targeted, and regenerative medicine by delivering improved new drugs, treatments, and implantable devices to clinicians and patients.

Global nanomedicine market segments include:

By Type: Nanoparticles, Nanoshells, Nanotubes, Nanodevices, Others

2) By Modality: Diagnostics, Treatments

3) By Application: Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the nanomedicine market in 2020.

4D Nanomedicine is a key trend gaining popularity in the nanomedicine market. 4D nanomedicine is used in medical procedures for safer treatment with nanoparticles. 4D nanomedicine is made with biodegradable and biocompatible nanoalloys that do not accumulate in the body, thus limiting the side effects. 4D nanomedicine is accepted as a fundamental development in the treatment and diagnosis of cancer.

TBRC’s nanomedicine market report covers:

Major Market Players: Pfizer Inc., Nanotherapeutics Inc., NanoViricides Inc, Arrowhead Research Inc., Celgene Corporation, Bio-Gate AG, Merck AG, Ablynx NV, F. Hoffmann-La Roche AG, Nanospectra Biosciences, GE Healthcare, Gilead Sciences Inc., Novartis AG, Amgen Inc., and Sanofi.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Nanomedicine Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides nanomedicine market overviews, analyzes and forecasts market size, share, nanomedicine market players, nanomedicine market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s nanomedicine market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Pharmaceuticals Global Market Report 2021

Nanotechnology Services Global Market Report 2021

Biophotonics Global Market Report 2021

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