The Nano Biotechnology Market Size was valued at USD 6.48 billion in 2022, and is expected to reach USD 13.79 billion by 2030 and grow at a CAGR of 9.9% over the forecast period 2023-2030.
Nano biotechnology is a special combination of nanomedicine and biotechnology in which conventional microtechnology is combined with a molecular biological approach. It has the ability to promote medical research and enhance healthcare systems everywhere. The ongoing COVID-19 outbreak serves as a reminder of the value of immunizations. The creation of vaccinations can be sped up with the help of nanobiotechnology. Offering novel medicine formulations with fewer adverse effects is also beneficial. Nano biotechnology will be used in the future to create novel materials and machinery for use in electronics, medicine, biomaterials, and energy generation.
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DRIVERS
More money being spent on studies in nanobiotechnology
The treatment of chronic diseases is in high demand.
RESTRAINTS
R&D is expensive.
Technology Evaluation
OPPORTUNITIES
Nanobiotechnology is becoming more widely used in a variety of industries.
People are becoming more prone to chronic diseases.
CHALLENGES
Lengthy and costly procedure
Worldwide operational facilities have been shut down as a result of the current COVID-19 illness pandemic, which has affected individuals all over the world. During the lockdown period, the healthcare sector experienced unprecedented situations. Medical device and other healthcare product output was impacted by the closure of the manufacturing facilities. Additionally, the supply chain for medical supplies was impacted, which increased the inventory of manufactured goods in warehouses. Businesses involved in the nanobiotechnology business are benefiting from this COVID-19 epidemic as well. Nanobiotechnology can be used to create quick test kits for COVID-19 antigen detection.
By Application
Nanobiotechnology is being used to create new medicines for a variety of diseases. It can be used to create important pharmaceutical formulations. It aids in the delivery of targeted drugs, which is beneficial in the treatment of chronic diseases.
Nanomaterials created through nanobiotechnology allow for the creation of novel, tunable medical devices for a variety of applications. In vitro diagnostic devices, wound dressings, orthopedic and vascular grafts, dental implants, stents, vascular closure devices, bone void fillers, embolization protection devices, catheters, and heart valves are among the devices included in this category.
The potential of nano biotechnology to advance medical science is enormous. It includes a plethora of tools for monitoring individual cells down to the level of individual molecules. These tools aid in the investigation and monitoring of molecular and cellular functions.
Nano biotechnology has numerous applications in the food and agriculture industries. Nano fertilizers created with nanobiotechnology aid in plant growth.
By Therapeutics
There are many applications for nano biotechnology in dental practices. It includes dentine hypersensitivity therapy, dentition renaturalization, complete orthodontic alignment, improvement of root canal sealing properties, covalent bonding of diamond enamel, and continuous oral health maintenance using mechanical dental nanorobots.
Nano biotechnology has a wide range of applications in cardiac therapies, including the ability to treat faulty heart valves, detect and treat arterial plaque, and help researchers develop better treatments.
Nanotechnology has the potential to develop advanced orthopedic diagnosis and treatment options. It is used to make orthopedic implants for patients.
The nano biotech market has numerous therapeutic applications, such as lung regeneration. It helps patients overcome various physical problems.
By Application
Pharmaceuticals
Medical Devices
Medical Research
Food and Agriculture
By Therapeutics
Dental Therapies
Cardiac Therapies
Orthopedic Therapies
Others
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The largest market share for nanobiotechnology will be in North America. High expenditures on R&D initiatives, reputable institutions for product development research, government initiatives to improve the healthcare system, and rising end-user demand are all variables that affect this share. To grow their businesses, the major players are spending money on the research and development of new products.
It is anticipated that the European nanobiotechnology market would have a sizable market share. The market is growing as a result of strong consumer demand for products with cutting-edge technology and robust R&D facilities. The development of new products using cutting-edge technology, significant investments by industry players, and government support are all contributing to the market's expansion.
Asia-Pacific is anticipated to be the area with the quickest rate of growth throughout the projected period as a result of increased investments in healthcare infrastructure and an increase in the prevalence of chronic illnesses like cardiovascular and neurological diseases. Additionally, greater government funding for the expansion of the healthcare system offers opportunities for business participants.
REGIONAL COVERAGE
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Some of the major key players are Ablynx, Celgene Corporation, Dabur Pharma, Nano Bridging Molecules SA, Sigma-Aldrich, Nami Therapeutics, XanTecbioanalytics GmbH, SkyePharma Pharmaceuticals, Nanobiotix, Nanophase Technologies Corporation and Other Players.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 6.48 Billion |
| Market Size by 2030 | US$ 13.79 Billion |
| CAGR | CAGR of 9.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Pharmaceuticals, Medical Devices, Medical Research, Food and Agriculture) • By Therapeutics (Dental Therapies, Cardiac Therapies, Orthopedic Therapies, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Ablynx, Celgene Corporation, Dabur Pharma, Nano Bridging Molecules SA, Sigma-Aldrich, Nami Therapeutics, XanTecbioanalytics GmbH, SkyePharma Pharmaceuticals, Nanobiotix, Nanophase Technologies Corporation. |
| Key Drivers | • More money being spent on studies in nanobiotechnology • The treatment of chronic diseases is in high demand. |
| RESTRAINTS | • R&D is expensive. • Technology Evaluation |
Nano Biotechnology Market Size was expected to reach USD 13.79 billion by 2030.
Ans: The Nano Biotechnology Market is to grow at a CAGR of 9.9% over the forecast period 2023-2030.
Nano biotechnology is a special combination of nano medicine and biotechnology in which conventional microtechnology is combined with a molecular biological approach. It has the ability to promote medical research and enhance healthcare systems everywhere
Ablynx, Celgene Corporation, Dabur Pharma, Nano Bridging Molecules SA, Sigma-Aldrich, Nami Therapeutics, and XanTec bioanalytics GmbH, are key players of Nano Biotechnology Market.
Manufacturer and service provider, research institutes, university and private libraries, suppliers and distributers.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Nano Biotechnology Market Segmentation, By Application
8.1 Pharmaceuticals
8.2 Medical Devices
8.3 Medical Research
8.4 Food and Agriculture
9. Nano Biotechnology Market Segmentation, By Therapeutics
9.1 Dental Therapies
9.2 Cardiac Therapies
9.3 Orthopedic Therapies
9.4 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Ablynx
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Celgene Corporation
11.3 Dabur Pharma
11.4 Nano Bridging Molecules SA
11.5 Sigma-Aldrich
11.6 Nami Therapeutics
11.7 XanTecbioanalytics GmbH
11.8 SkyePharma Pharmaceuticals
11.9 Nanobiotix
11.10 Nanophase Technologies Corporation
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
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