China is expected to surpass the United States in terms of nanotechnology funding in the near future, which indicates the growth offered by this region.
Albany, NY -- (SBWIRE) -- 12/08/2015 -- This report includes market estimations and forecast for nanomedicine products for the forecast period 2013 - 2019. The market size is represented in terms of USD billion and the market estimates and forecasts are calculated, considering 2012 as the base year. Moreover, market trends and recent developments have been kept into account while forecasting market growth and revenue for the period 2013 – 2019. The stakeholders for this report include present market players in the global nanomedicine market who aspire to increase their market share. Moreover, this report also targets the new players desiring to enter the global nanomedicine market.
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This report focuses on nanomedicine based products used for the purpose of various medical applications. Development of a nanomedicine takes years, incurring huge monetary investment. The product development process detailed in the market overview section of this report provides insights on the different events in the product development process with an approximate number of years consumed for that. According to this study, development of a new nenomedicine takes approximately nine to 25 years which are based on various technologies such as nanopores, liposomes, nanocrystals, virosome nanoparticles, nanorods, dendrimers, micelles, nanoemulsions, quantum dots, fullerenes and nanorobots.
The market dynamics section of this report analyzes the impact of drivers and restraints on the global nanomedicine market. The impact of these drivers and restraints on the global nanomedicine market provides a view on the market growth during the course of the forecast period. Increasing research activities to improve the drug efficacy coupled with increasing government support are considered to be some of the major driving factors in this report. Moreover, few significant opportunities for the existing and new market players are detailed in this report.
Porter's five forces analysis provides insights on the intensity of competition which can aid in decision making for investments in the global nanomedicine market. The market attractiveness section of this report provides a graphical representation for attractiveness of the nanomedicine market in four major regions – North America, Europe, Asia-Pacific and Rest of the World, based on the market size, growth rate and industrial environment in respective regions, in 2012.
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The global nanomedicine market is segmented on the basis of application and geography and the market size for each of these segments, in terms of USD billion, is provided in this report for the period 2011 – 2019. Market forecast for this applications and geographies is provided for the period 2013 – 2019, considering 2012 as the base year.
Based on the type of applications, the global nanomedicine market is segmented into neurological, cardiovascular, oncology, anti-inflammatory, anti-infective and other applications. Other applications include dental, hematology, orthopedic, kidney diseases, ophthalmology, and other therapeutic and diagnostic applications of nanomedicines. Nanoparticle based medications are available globally, which are aimed at providing higher bioavilability and hence improving the efficacy of drug. There have been increasing research activities in the nanomedicine filed for neurology, cardiovascular and oncology applications to overcome the barriers in efficient drug delivery to the target site. Moreover, the global nanomedicine market is also estimated and analyzed on the basis of geographic regions such as North America, Europe, Asia-Pacific and Rest of the World. This section describes the nanomedicine support activities and products in respective regions, thus determining the market dynamics in these regions.
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The report also provides a few recommendations for the exisitng as well as new players to increase their market share in the global nanomedicine market. Some of the key players of this market include GE Healthcare, Mallinckrodt plc, Nanosphere Inc., Pfizer Inc., Merck & Co Inc., Celgene Corporation, CombiMatrix Corporation, Abbott Laboratories and others. The role of these market players in the global nanomedicine market is analyzed by profiling them on the basis of attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments.
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