Particles
between 1 and 100 nanometers (nm) in size known as nanoparticles.
An individual nanoparticle molecule behaves as a complete unit in
terms of its property and transportation. Rapidly increasing public
awareness for nanotechnology and introduction of new technologies
will have many beneficial consequences. Moreover, increasing
applications of nanotechnology in drug development and stringent
guidelines for developing improved medical products are some of the
prime factors which is expected to witness significant growth over
the forecasted period. Furthermore, huge capital investment and high
cost of nanoparticle analysis instrument is one of the key restraint
for the growth of nanoparticle market. Due to its wide applications
in healthcare, biomedical, electronics and among others the
nanoparticle is currently a new area of research among many
scientist. Rising government spending on pharmaceuticals and bio
technology research and development and increasing focus on
nanotechnology research also expected to experience significant
growth. North America dominated the global nanoparticles market due
to increasing chronic diseases such as diabetes, cardiovascular and
cancer. Moreover, Europe is expected to witness the highest growth
during the forecasted period, due to rapid research and development
for nanoparticles. However, due to rampant economic growth of China
and India, Asia Pacific is also expected to witness decent growth
during the forecasted period. Furthermore, India is also an emerging
hub for pharmaceuticals research and development.
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Nanoparticles
Market Outlook – Surge in Drug Development in Pharmaceuticals
Industry Augmenting Market Growth
Expansion
of medical diagnostic industry and wide application of nanotechnology
in healthcare sector such as neurology, cardiology and anti-infective
is estimated to have a decent growth for nanoparticles market in the
forecast period. Depending upon preparation methods nanoparticles,
nanocapsules or nanospheres can be obtained. A long circulating
particle made up of Biodegradable polymeric nanoparticles with
hydrophilic polymer coating of poly ethylene glycol (PEG), used as a
powerful drug delivery device. Due to its ability to deliver
peptides, proteins and genes, it is also used as a DNA carrier in
gene therapy. Numerous advantages for nanoparticles in drug delivery
system is expected to Spector enormous growth during the forecasted
period. Moreover, growing public awareness, improved technology and
increase in chronic diseases escalate the global nanoparticles
industry in North America. Emerging economy of Asia Pacific, such as
China and India is expected to witness significant growth over the
forecasted period.
Key
Players In The Nanoparticles Market
Some
of the key players in the market includes Abraxis Biosciences, Inc.,
Novartis International AG, Gilead Sciences, Inc., Johnson &
Johnson, Sigma-Tau Pharmaceuticals, Inc. Amgen, Inc., and Nano
Interface Technology, Inc., Malvern Instruments Ltd., Horiba Ltd.,
Beckman Coulter, Shimadzu Corporation, Agilent Technology Inc,
Hitachi Ltd., Wyatt Technology, among others.
Nanoparticles
Market Taxonomy
On
the basis of technology, the global market is classified into:
•
Liposomes
•
Nanotubes
•
Polymeric nanoparticles
•
Polymer conjugated drugs
•
Dendrimers
•
Inorganic nanoparticles
•
Others
On
the basis of end user, the global market is classified into:
•
Pharmaceuticals industry
•
Biochemical industry
•
Research institutions
•
others
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