The Healthcare Nanotechnology by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Healthcare Nanotechnology, The healthcare nanotechnology market size has grown rapidly in recent years. It will grow from $308.03 billion in 2023 to $351.82 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to advancements in nanomaterials, nanomedicine research, regulatory support, investment in research and development, nanostructured biomaterials.
The healthcare nanotechnology market size is expected to see rapid growth in the next few years. It will grow to $613.9 billion in 2028 at a compound annual growth rate (CAGR) of 14.9%. The growth in the forecast period can be attributed to theranostics development, nanoparticles for gene therapy, biocompatible nanomaterials, nano-enabled surgical tools, nanoscale therapeutic agents, global health emergency preparedness.. Major trends in the forecast period include diagnostic nanodevices, biosensors and imaging, nanorobotics and nanosurgery, personalized medicine, public awareness and educationtherapeutic applications..
Increasing cancer disease cases are expected to propel the growth of the healthcare nanotechnology market. Nanotechnology is a promising mode of cancer treatment. This improving field of medical research can be used to discover better personalized treatments for many diseases, including cancer. Globally, the prevalence of cancer is increasing. For instance, in January 2021, according to the National Library of Medicine the United States is projected to have 1,898,160 new cancer cases and 608,570 cancer deaths in 2021 . Therefore, the increasing number of cancer disease cases is driving the healthcare nanotechnology market growth.
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The healthcare nanotechnology market covered in this report is segmented –
1) By Disease: Cardiovascular Diseases, Oncological Diseases, Neurological Diseases, Orthopedic Diseases, Infectious Diseases
2) By Type: Organic, Inorganic, Carbon-Based
3) By Application: Drug Delivery, Biomaterials, Active Implants, Tissue Regeneration
Strategic collaboration between companies is a key trend gaining popularity in the healthcare nanotechnology market. Companies involved in healthcare nanotechnologies are undergoing partnerships and collaboration to develop new technologies and products. In January 2022, NaNotics, a US-based medical company, collaborated with the Mayo Clinic to develop a cancer treatment known as NaNots. The collaboration will involve NaNotics sharing its nano-depletion platform with Mayo researchers, while the Mayo Clinic will provide its own PD-L1 antibody and a transgenic mouse model that provides human sPD-L1. Mayo Clinic is a US-based clinic dedicated to providing patient care, education, and research in various fields of medicine, including nanomedicine.
The healthcare nanotechnology market report table of contents includes:
- Executive Summary
- Healthcare Nanotechnology Market Characteristics
- Healthcare Nanotechnology Market Trends And Strategies
- Healthcare Nanotechnology Market – Macro Economic Scenario
- Global Healthcare Nanotechnology Market Size and Growth
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- Global Healthcare Nanotechnology Market Competitive Benchmarking
- Global Healthcare Nanotechnology Market Competitive Dashboard
- Key Mergers And Acquisitions In The Healthcare Nanotechnology Market
- Healthcare Nanotechnology Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Pfizer Inc
- Johnson & Johnson Inc
- Abbott Laboratories
- Celgene Corporation
- Merck & Company Inc
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