Nanoparticle contract manufacturing refers to the outsourcing of the production of nanoparticles to third-party manufacturers or contract manufacturing organizations (CMOs). They serve as a versatile solution for various industries, offering tailored nanoparticle formulations and expertise to meet specific application requirements and drive innovation in diverse fields.
Sizing and Forecast
The nanoparticles contract manufacturing market size has grown rapidly in recent years. It will grow from $2.89 billion in 2023 to $3.27 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to a rising preference for contract manufacturing, increasing need for nanomaterials across various applications, increased usage of therapeutics drug delivery applications, rising demand for nanomedicine, and demand for high-quality nanoparticles.
The nanoparticles contract manufacturing market size is expected to see rapid growth in the next few years. It will grow to $5.53 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to increasing knowledge about pharmaceutical delivery systems, advancement in nanotechnology and materials science, demand for advanced drug delivery systems, high demand for metal nanoparticles in cancer therapy, and rapid growth of pharmaceutical companies. Major trends in the forecast period include strategic partnership among industry leaders, technological advancement, the shift towards sustainable and eco-friendly nanoparticle production methods, integration of nanoparticles in food and beverage packaging, and integration of technology.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/nanoparticles-contract-manufacturing-global-market-report
Segmentation & Regional Insights
The nanoparticles contract manufacturing market covered in this report is segmented –
1) By Type Of Nanoparticle: Metal Nanoparticles, Lipid Nanoparticles, Other Nanoparticles
2) By Manufacturing Scale: Commercial, Clinical, Pre-Clinical
3) By Application: Therapeutics, Diagnostics, Vaccines
4) By End-User: Pharmaceutical Companies, Biotechnology Companies
North America was the largest region in the nanoparticles contract manufacturing market in 2023. The regions covered in the nanoparticles contract manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample_request?id=15869&type=smp
Major Driver Impacting Market Growth
The surge in research investments is expected to propel the growth of the nanoparticle contract manufacturing market. Research investments refer to financial resources allocated toward conducting research activities aimed at generating new knowledge, advancing scientific understanding, developing innovative technologies, or solving specific problems. Research investments are increasing due to several factors, such as the focus on innovation and technology, rising awareness of societal challenges, support for emerging technologies, policy support and long-term planning, and government funding initiatives. Research investments are essential for the advancement of nanoparticle contract manufacturing because they promote technological innovation, customization, quality control, scalability, cross-disciplinary cooperation, market expansion, and economic growth. For instance, in April 2023, according to the House of Commons, a UK-based governing body, the Chancellor declared a substantial increase in public Research and Development (R&D) expenditures, aiming to raise the budget to £22 billion ($27.64 billion) by fiscal year 2024–2025 from approximately £9 billion ($11.30 billion) in the previous year, amounting to 0.8% of GDP, reflecting a commitment to enhancing R&D efforts and driving innovation domestically. Therefore, the surge in research investments is driving the growth of the nanoparticle contract manufacturing market.
Key Industry Players
Major companies operating in the nanoparticles contract manufacturing market are AstraZeneca plc, Evonik Industries AG, Emergent BioSolutions Inc., CordenPharma International GmbH, Ajinomoto Bio-Pharma Services, IBA Worldwide, BioVectra Inc., Mevion Medical Systems Inc., Fortis Life Sciences, Ascendia Pharmaceuticals LLC, LSNE Contract Manufacturing, Precision NanoSystems Inc., Ardena Holding NV, American Elements, Polymun Scientific Immunbiologische Forschung GmbH, Danfysik A/S, Hitachi Chemical Advanced Therapeutics Solutions LLC, Axolabs GmbH, AVANSA Technology & Services, Cytodiagnostics Inc., Encapsula NanoSciences LLC, MyBiotech GmbH, Nanochemazone, RiboPro GmbH, TechNano India
The nanoparticles contract manufacturing market report table of contents includes:
1. Executive Summary
2. Nanoparticles Contract Manufacturing Market Characteristics
3. Nanoparticles Contract Manufacturing Market Trends And Strategies
4. Nanoparticles Contract Manufacturing Market – Macro Economic Scenario
5. Global Nanoparticles Contract Manufacturing Market Size and Growth
…..
32. Global Nanoparticles Contract Manufacturing Market Competitive Benchmarking
33. Global Nanoparticles Contract Manufacturing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Nanoparticles Contract Manufacturing Market
35. Nanoparticles Contract Manufacturing Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
