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Nanomedicine Market

Nanomedicine Market Size, Share & Segment, By MODALITY (Diagnostics, Treatment), By APPLICATION (Drug Delivery, Diagnostic Imaging, Vaccines, Regenerative Medicine, Implants), By INDICATION (Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, Neurology, Urology, Ophthalmology, Immunology), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2427 | July 2022 | Region: Global | 140 Pages

Nanomedicine Market Overview:

The Nanomedicine Market Size was valued at USD 121.5 billion in 2021, and expected to reach USD 238.4 billion by 2028, and grow at a CAGR of 10.1% over the forecast period 2022-2028.

The area of medicine known as nanomedicine uses nanotechnology to treat and prevent disease. In order to diagnose, deliver, sense, or operate upon a living creature, nanomedicine uses nanoscale materials like biocompatible nanoparticles and nanorobots.

Nanomedicine Market

Due to their small size, nanomaterials have unique physicochemical features that set them apart from their bulk chemical counterparts. These characteristics significantly improve a number of chances for medication development. The physicochemical characteristics of the nanoformulation have the potential to more easily cross biological barriers, have toxic properties, and have persistence in the environment and the human body. These properties can change pharmacokinetics, like absorption, elimination, metabolism and distribution.

Top-down and bottom-down strategies are used in the pharmaceutical manufacture of nanomaterials. A large substance is broken down into one or more smaller bits using mechanical or chemical energy in the top-down process. On the other hand, the bottom-up method begins with atomic or molecular species that enable precursor particles to grow in size through chemical reaction.

MARKET DYNAMICS

DRIVERS

  • The expansion of nanorobot research and development

  • Chronic and infectious diseases are becoming more prevalent globally.

RESTRAINTS

  • Strong Regulatory Standards

OPPORTUNITIES

  • An increase in the sale of nanomedicines and advancements in healthcare infrastructure in emerging economies.

CHALLENGES

  • Lengthy approval procedures and several dangers related to nanomedicines

IMPACT OF COVID-19

The need for nanomedicines to cure a wide range of illnesses has increased as a result of the COVID-19 pandemic. The development of new approaches for the detection, diagnosis, and treatment of the COVID-19 virus and other viral infections was made possible by the development of nanomedicine applications. The development of nano-based materials such as disinfectants, personal protective equipment, diagnostic systems, and barrier systems for medical treatment and vaccine research allowed for the management of COVID-19. This has an impact on the market since it raises interest in nanomedicines. Overall, it has been claimed that COVID-19 has had a positive effect on the market for nanomedicine. This resulted from an increase in the need for nanomedicines to treat conditions that resemble cancer. Additionally, as a result of an increase in nanomedicine R&D activities across the board, industry participants have observed a rise in investments in materials and resources.

Furthermore, the nanomedicine industry was mostly unaffected in other MedTech firms that were wiped out by the COVID-19. This is primarily caused by how serious the medical conditions that nanomedicines are designed to treat are. In order to maintain their quality of life, people who had been prescribed nanomedicines before to the pandemic continued to do so. The need for nanomedicine to identify life-threatening diseases early has driven the market's sustained growth, despite the fact that the number of new patients getting nanomedicines marginally fell during the pandemic's worst months.

By Modality

Diagnostic and therapeutic applications make up the global nanomedicine market. Due to the technological development of nanomedicine, increase in adoption of nanomedicine, rise in prevalence of chronic diseases, and increase in the number of advanced and effective products in the market, the treatment segment was the largest contributor to the global market and is expected to continue to dominate during the forecast period.

By Application

Drug delivery, diagnostic imaging, vaccinations, regenerative medicine, implants, and other products are segments of the worldwide nanomedicine market. Due to the rising incidence of diseases like cancer and the COVID-19 virus as well as growing public awareness of the potential uses for nanomedicines, the drug delivery segment was the largest contributor to the global market and is predicted to continue to hold a dominant position during the forecast period.

By Indication

Clinical cardiology, orthopedics, neurology, urology, ophthalmology, immunology, clinical oncology, infectious disorders, and others are the subsets of the global nanomedicine market. The clinical oncology segment, which accounted for a major portion of the global market, is expected to continue to dominate over the forecast period owing to the rise in cancer and rising disposable income.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Pfizer Inc., Mallinckrodt plc, Teva Pharmaceuticals Ltd., Merck & Co., Inc., Johnson & Johnson, Abbott Laboratories, Invitae Corporation, General Electric Company, Leadient BioSciences Inc., DiaSorin S.p.A., and other players.

MARKET SEGMENTS:

By Modality

  • Diagnostics

  • Treatment

By Application

  • Drug Delivery

  • Diagnostic Imaging

  • Vaccines

  • Regenerative Medicine

  • Implants

By Indication

  • Clinical Oncology

  • Infectious Diseases

  • Clinical Cardiology

  • Orthopedics

  • Neurology

  • Urology

  • Ophthalmology

  • Immunology

Nanomedicine Market

REGIONAL ANALYSIS

The global nanomedicine market was dominated by North America and this dominance is expected to continue during the forecast period. This is due to an increase in the prevalence of fatal diseases, an increase in the demand for nanomedicines, the availability of high-end healthcare facilities with qualified medical personnel, an increase in research and development activities with a significant presence of key players, and an increase in government investment in healthcare. However, Asia Pacific is expected to have the highest growth rate during the projection.

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

 

Nanomedicine Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 121.5 Billion
Market Size by 2028 US$ 238.4 Billion
CAGR CAGR of 10.1% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By MODALITY (Diagnostics, Treatment)
• By APPLICATION (Drug Delivery, Diagnostic Imaging, Vaccines, Regenerative Medicine, Implants)
• By INDICATION (Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, Neurology, Urology, Ophthalmology, Immunology)
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 Pfizer Inc., Mallinckrodt plc, Teva Pharmaceuticals Ltd., Merck & Co., Inc., Johnson & Johnson, Abbott Laboratories, Invitae Corporation, General Electric Company, Leadient BioSciences Inc., DiaSorin S.p.A., and other players.
Key Drivers • The expansion of nanorobot research and development
• Chronic and infectious diseases are becoming more prevalent globally.
RESTRAINTS • Strong Regulatory Standards


Frequently Asked Questions (FAQ) :

Ans. Nanomedicine Market Size was valued at USD 121.5 billion in 2021, and expected to reach USD 238.4 billion by 2028, and grow at a CAGR of 10.1% over the forecast period 2022-2028.

Ans. The area of medicine known as nanomedicine uses nanotechnology to treat and prevent disease. In order to diagnose, deliver, sense, or operate upon a living creature, nanomedicine uses nanoscale materials like biocompatible nanoparticles and nanorobots. 

Ans. Key drivers of the Nanomedicine Market is the expansion of nanorobot research and development, and Chronic and infectious diseases are becoming more prevalent globally

Ans. Drug Delivery, Diagnostic Imaging, Vaccines, Regenerative Medicine, and Implants are the sub segments of Nanomedicine market.

 Ans.  Diagnostic and therapeutic applications make up the global nanomedicine market.


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 ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Nanomedicine Market Segmentation, By Modality

8.1 Diagnostics

8.2 Treatment

 

9. Nanomedicine Market Segmentation, By Application

9.1 Drug Delivery

9.2 Diagnostic Imaging

9.3 Vaccines

9.4 Regenerative Medicine

9.5 Implants

 

10. Nanomedicine Market Segmentation, By Indication

10.1 Clinical Oncology

10.2 Infectious Diseases

10.3 Clinical Cardiology

10.4 Orthopedics

10.5 Neurology

10.6 Urology

10.7 Ophthalmology

10.8 Immunology

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 Pfizer Inc.

              12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Mallinckrodt plc

12.3 Teva Pharmaceuticals Ltd.

12.4 Merck & Co., Inc.

12.5 Johnson & Johnson

12.6 Abbott Laboratories

12.7 Invitae Corporation

12.8 General Electric Company

12.9 Leadient BioSciences Inc.

12.10 DiaSorin S.p.A.

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.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.

Secondary Research

Step 2: Primary Research

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