The Americas Gold Nanoparticles Market restraints are due to the factors such as strict standards and guidelines for manufacture, concerns over the safety both personnel and environmental, toxicity of gold nanoparticles, cost of the gold nanoparticles and others.
Pune, India -- (SBWIRE) -- 01/12/2018 -- The Americas Gold Nanoparticles Market is expected to witness explosive rise owing to technological advancements in the field of nanotechnology. The development of tunnelling microscopy has given coupled with increasing applications of nanoparticles in numerous industries is expected to result in a flood of technologies. The prime rise in demand is expected from the healthcare industry especially nanotechnology-based diagnostics and therapeutics. The therapeutic regimen is expected to be dominated by cancer and tumour treatment & diagnosis. Other potential industrial users will include the electronic industry and the chemical industry. Surging demand for high-efficiency compact mass storage media devices is expected to dominate the applications in the electronic industry.
Another chief driver of the market is the governmental support nanotechnology has received in the recent years. Because of the scale and the scope of potential applications, governments have made it their national priority and have invested billions of dollars in nanotechnology research. Until 2012, through its National Nanotechnology Initiative, the USA has invested $3.7 billion, the European Union has invested $1.2 billion and Japan has invested $750 million. These volumes speak more than enough of the positive expectations of the technology. Benefits such as enhanced stability and lower crystal growth of molecules provide gold nanoparticles an edge over other metal nanoparticles such as silver and platinum.
However in our analysis the potential applications of the technology coupled with the lure of high CAGR will overcome these barriers and lead to an explosive growth of the market. However our analysis also reveal the importance of a lack of scientific validation studies in the field. There is also lack of life cycle studies with regard to gold nanoparticles, which may hamper the market.
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Regional analysis of the gold nanoparticles market
U.S has a brute domination of the Americas Gold nanoparticles market with the largest market share, accounting for more than 75 % of the market. The Canada market for Gold nanoparticles is expected to grow at the fastest CAGR during the forecasted period. The market for South America is however expected to be confined to research and development.
Key Players of the gold nanoparticles market
The key players that are involved in Americas Gold nanoparticles market are Cytodiagnostics (Canada), Goldsol (U.S), NanoHybrids Corp (Austin), Nanopartz Inc (U.S), Nanosphere (Canada), Nanostellar (U.S), NanoRods LLC (U.S), Sigma Aldrich (U.S), and others.
Business strategy analysis of the gold nanoparticles market
Currently, a few nanodrugs are under clinical trials such as Aurimmune and Auroshell. Both these are targeted against cancer and have a gold nanoparticle attached to a recombinant human tumour necrosis factor. The strategies of many players hinge on the co-development of products due to the high development costs and risks associated. Taking advantage of the research initiatives and incentives is another strategy that needs to be explored. The companies also need to be financially strong as the technology is still in its nascent stage and has long incubation times.
Thus fund pooling is another strategy for making the development of the golden nanoparticles product financially viable. Demand pooling is another strategy which needs to be undertaken for the purpose of overcoming the low volume demands of the product. The gold nanoparticles is ideal market for start-ups. The gold nanoparticles has a high research intensity and intellectual property weightage in the final product. Thus proprietary technology has an edge over volume, thus negating the effect of large companies. Smaller companies are also much manageable and are more focused as these have very few products. Thus merger and acquisition is expected to become a major activity as large cash rich firms will try to acquire the technology of these smaller firms. The return of seed funding and angel investment to its pre-recession levels is expected to be in the interest of start-ups. Thus investment in smaller firms with high proprietary technology will yield multiple returns on investment.
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