The nanopharmaceuticals market size is expected to see rapid growth in the next few years. It will grow to $183.89 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to the growing prevalence of chronic diseases, growing research and development, growing investments in healthcare, growing demand for personalized medicine, and increasing prevalence of cancers. Major trends in the forecast period include the integration of nanotechnology with other emerging technologies, advancements in nano-enabled drug delivery, advances in biotechnology and genomics, integration of AI, machine learning and computational modeling, and technological advancement.
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Scope Of Nanopharmaceuticals Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Nanopharmaceuticals Market Overview
Market Drivers –
The rising prevalence of chronic diseases is expected to propel the growth of the nanopharmaceuticals market going forward. Chronic diseases are long-lasting conditions that typically require ongoing medical attention and management over years or even a lifetime, such as cancer, diabetes, heart disease, asthma, and others. The prevalence of chronic diseases is fueled by factors such as unhealthy diets, lack of physical activity, tobacco use, excessive alcohol consumption, genetic predisposition, and environmental influences. Nanopharmaceuticals are used for chronic diseases by providing targeted drug delivery, enhanced bioavailability, controlled release, reduced side effects, and advanced combination therapies, improving treatment efficacy and patient outcomes. For instance, in April 2022, according to the National Association of Chronic Disease Directors (NACDD), a US-based non-profit organization, almost 60 % of adult Americans have at least one chronic disease, and approximately 40% of American adults have multiple chronic conditions (MCC), and this is expected to cost the US economy 2 trillion dollars annually, or $8,600 per person by 2030. Therefore, the rising prevalence of chronic diseases is driving the growth of the nanopharmaceuticals market.
Market Trends –
Major companies operating in the nanopharmaceuticals market are adopting a strategic partnerships approach to provide essential communication services to individuals, businesses, and governments. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in April 2024, Nanoform Finland Plc, a Finland-based nanoparticle medicine company, partnered with CBC Co. Ltd. a Japan-based development-type trading company to explore opportunities for Nanoform’s advanced nanomedicine engineering technologies. This strategic collaboration marks a key milestone in their efforts to leverage cutting-edge nanotechnology to enhance medicines for patients worldwide.
The nanopharmaceuticals market covered in this report is segmented –
1) By Type: Liposomes, Polymeric Micelles, Solid Lipid Nanoparticles, Microemulsion, Nanoemulsion, Other Product Types
2) By Route Of Administration: Oral, Injectable, Topical, Pulmonary, Other Routes Of Administration
3) By Application: Oncology, Neurology, Anti-inflammatory, Anti-infective, Cardiovascular, Other Applications
4) By End-User: Hospitals And Clinics, Specialty Pharmacies, Research Institutions, Other End Users
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Regional Insights –
North America was the largest region in the global nanopharmaceuticals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nanopharmaceuticals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the nanopharmaceuticals market are Selecta Biosciences Inc., Pfizer Inc., Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi S.A., Bristol Myers Squibb Company, AstraZeneca plc, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Amgen Inc., Stryker Corporation, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Novovax Inc., OSI Pharmaceuticals Inc., Par Pharmaceutial Inc., Samyang Biopharm Corporation
Table of Contents
1. Executive Summary
2. Nanopharmaceuticals Market Report Structure
3. Nanopharmaceuticals Market Trends And Strategies
4. Nanopharmaceuticals Market – Macro Economic Scenario
5. Nanopharmaceuticals Market Size And Growth
…..
27. Nanopharmaceuticals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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