Overview and Scope
Lipid nanoparticles (LNPs) refer to the type of nanoparticle composed primarily of lipids, which are fatty substances that are essential components of cell membranes. These nanoparticles are typically composed of a lipid bilayer or a solid lipid matrix and are characterized by their small size, generally ranging from 10 to 1000 nanometers in diameter.
Sizing and Forecast
The lipid nanoparticles (LNPs) market size has grown rapidly in recent years. It will grow from $0.89 billion in 2023 to $1.04 billion in 2024 at a compound annual growth rate (CAGR) of 16.9%. The growth in the historic period can be attributed to rising focus on the development of lnp-based drugs, strong investment in research infrastructure, increasing healthcare expenditures.
The lipid nanoparticles (LNPs) market size is expected to see rapid growth in the next few years. It will grow to $1.94 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to rising prevalence of chronic diseases, increasing demand for rna-based therapeutics, increasing demand for advanced gene delivery systems, this increasing focus on personalized medicine, increasing investment in research and development. Major trends in the forecast period include advancements in drug delivery technologies, innovative drug delivery systems, integration of artificial intelligence in lnp development.
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Segmentation & Regional Insights
The lipid nanoparticles market covered in this report is segmented –
1) By Type: Nano-Structured Lipid Carriers (NLCs), Solid Lipid Nanoparticles (SLNs), Other Types
2) By Application: Research, Therapeutics
3) By End User: Pharmaceutical And Biotechnology Companies, Academics And Research Centers, Other End Users
North America was the largest region in the lipid nanoparticles market in 2023. The regions covered in the lipid nanoparticles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising prevalence of chronic diseases is propelling the growth of the lipid nanoparticles (LNPs) market. A chronic disease is a condition that remains over a long period, usually over three months, and includes diabetes, hypertension, and other diseases. Chronic disease rates are increasing due to factors like poor health behaviors, aging populations, lifestyle choices, tobacco use, poor nutrition, physical inactivity, and excessive alcohol consumption. Lipid nanoparticles (LNPs) are a practical approach to chronic disease management due to their ability to enhance the effectiveness of mRNA therapeutics and vaccines. Lipid nanoparticles (LNPs) improve the treatment landscape for various chronic diseases, offering hope for more effective management options and potentially better patient outcomes. For instance, in 2021, according to the data published by the International Diabetes Federation, a Belgium-based diabetes awareness foundation, in 2021, 537 million adults between the ages of 20 and 79 were living with diabetes, and this number is projected to reach 643 million by 2030 and 783 million by 2045. Therefore, the rising prevalence of chronic diseases is driving the growth of the lipid nanoparticle market.
Key Industry Players
Major companies operating in the lipid nanoparticles market report are Pfizer Inc.; Johnson & Johnson; AbbVie Inc.; Bayer AG; Abbott Laboratories; Amgen Inc; The Merck Group; Evonik Industries AG; BioNTech SE; Moderna Inc.; Sanofi SA; Solid Biosciences Inc.; AstraZeneca PLC; NOF Corporation; Alnylam Pharmaceuticals Inc.; Nanomerics Ltd.; CordenPharma International; Nippon Fine Chemical; Helix Biotech Inc.; Dicerna Pharmaceuticals; Gattefossé SAS; Arbutus Biopharma; Avanti Polar Lipids; IOI Oleo GmbH; Evox Therapeutics Ltd.
The lipid nanoparticles market report table of contents includes:
1. Executive Summary
- Lipid Nanoparticles Market Characteristics
- Lipid Nanoparticles Market Trends And Strategies
- Lipid Nanoparticles Market – Macro Economic Scenario
- Global Lipid Nanoparticles Market Size and Growth
.
- Global Lipid Nanoparticles Market Competitive Benchmarking
- Global Lipid Nanoparticles Market Competitive Dashboard
- Key Mergers And Acquisitions In The Lipid Nanoparticles Market
- Lipid Nanoparticles Market Future Outlook and Potential Analysis
- Appendix
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