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According to a report,“Nanomedicine Market Analysis By Products, (Therapeutics, Regenerative Medicine, Diagnostics), By Application, (Clinical Oncology, Infectious diseases), By Nanomolecule (Gold, Silver, Iron Oxide, Alumina), & Segment Forecasts, 2018 – 2025” , published by Grand View Research, Inc.,   The global nanomedicine market is anticipated to reach USD 350.8 billion by 2025. Application of nanotechnology-based contrast reagents for diagnosis and monitoring of the effects of drugs on an unprecedented short timescale is also attributive drive growth in the coming years. Additionally, demand for biodegradable implants with longer lifetimes that enable tissue restoration is anticipated to influence demand. As per the WHO factsheet, cancer is found to be one of the major causes of mortality and morbidity worldwide, with approximately 14 million new cases in 2012 and 8.2 million cancer-related deaths.

Key Takeaways from the report:

• Therapeutics accounted for the largest share of market revenue in 2016 owing to presence of nanoemulsions, nanoformulations, or nanodevices
• These devices possess the ability to cross biological barriers. Moreover, presence of drugs such as Doxil, Abraxane, and Emend is attributive for higher revenue generation
• Presence of substantial number of products manufactured through the use of microbial sources can be attributed for the largest share
• In-vitro diagnostics is expected to witness lucrative progress as a result of R&D carried out in this segment
• Introduction of nano-enabled biomarkers, vectors and contrast agents with high-specificity and sensitivity are attributive for projected progress
• Clinical cardiology is expected to witness the fastest growth through to 2025 owing to development in nano-functionalization and modification of surfaces for increased biocompatibility of implants in treatment of late thrombosis
• Moreover, an abundance of research publications and patent filings from European region with a share of about 25% in nanomedicine-related publications is supportive for revenue generation from European economies
• Asia Pacific is estimated to witness the fastest growth over the forecast period
• Factors responsible include government and regulatory authorities that have implemented a framework to encourage R&D collaborations and framework extension.
• Key players operating in this industry include Pfizer Inc., Ablynx NV, Nanotherapeutics Inc., Nanoviricides Inc., Abraxis Inc., Arrowhead Research Inc., Celgene Corporation, Bio-Gate AG, and Merck
• Active expansion strategies are undertaken by a number of the major market entities in order to strengthen their position

• North America dominated the industry in 2016, accounting for a 42% of total revenue
• Presence of key participants operating in the region are involved in collaborative activities are attributive for the largest share of North America in sector revenue

U.S. nanomedicine market by products, 2013 – 2025 (USD Billion)

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Solutions such as nanoformulations with triggered release for tailor-made pharmacokinetics, nanoparticles for local control of tumor in combination with radiotherapy, and functionalized nanoparticles for targeted in-vivo activation of stem cell production are anticipated to drive R&D, consequently resulting in revenue generation in the coming years.

Nanomedicine market, by region, 2016 (%)

Biopharmaceutical and medical devices companies are actively engaged in development of novel products as demonstrated by the increasingly growing partnerships between leading enterprises and nanomedicine startups. For instance, in November 2015, Ablynx and Novo Nordisk signed a global collaboration and a licensing agreement for development and discovery of innovative drugs with multi-specific nanobodies. This strategic partnership is anticipated to rise the net annual sales of the products uplifting the market growth.

However, in contrary with the applications of nanotechnology, the entire process of lab to market approval is a tedious and expensive one with stringent regulatory evaluation involved thereby leading investors to remain hesitant for investments.

Grand View Research has segmented the nanomedicine market on the basis of product, application, nanomolecule type, and region:

Nanomedicine Product Outlook (Revenue, USD Billion; 2013 – 2025)

• Therapeutics

• Regenerative medicine

• In-vitro diagnostics

• In-vivo diagnostics

• Vaccines

Nanomedicine Application Outlook (Revenue, USD Billion; 2013 – 2025)

• Clinical Oncology

• Infectious diseases

• Clinical Cardiology

• Orthopedics

• Others

Nanomedicine Nanomolecule Type Outlook (Revenue, USD Billion; 2013 – 2025)

• Nanoparticles

  • Metal & Metal Oxide Nanoparticles

    • By Type

      • Gold Nanoparticles

      • Silver Nanoparticles

      • Iron Oxide Nanoparticles

      • Alumina Nanoparticles

      • Gadolinium Oxide Nanoparticles

      • Others

    • By Application

      • In-vivo Imaging

      • Targeted Drug Delivery

      • Proton Therapy

      • In-vitro assays

      • Cell & Phantom Imaging

  • Liposomes

  • Polymers & polymer drug conjugates

  • Hydrogel nanoparticles

  • Dendrimers

  • Inorganic nanoparticles

• Nanoshells

• Nanotubes

• Nanodevices

Nanomedicine Regional Outlook (Revenue, USD Billion; 2013 – 2025)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • UK

• Asia Pacific

  • Japan

  • China

• Latin America

  • Brazil

• Middle East and Africa (MEA)

• South Africa

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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