Global Nanopharmaceuticals Market Overview:
Nanopharmaceuticals are colloidal particles of 10 to 1,000 nanometers (1 micron) in size. They are widely used in drug delivery. Nanopharmaceuticals are diverse both in their shape and composition and often offer an advantage as compared to their “bulk” counterparts primarily because of size. These type of pharmaceuticals are designed to target particular cells, tissue, or a specific organ. As per the source, around 16% of all deaths of children below 5 years in are due to pneumonia. Extensive governmental financial support has greatly stimulated the launch of interdisciplinary research. Approximately three quarters of the roughly 230 nanopharmaceuticals in clinical development are for use as targeted cancer therapeutics and 75% of nanopharmaceuticals are being developed for oncology. The growing use of nanopharmaceuticals in treating cancer will drive the market growth in coming years.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Research And Developments In Nanopharmaceuticals
Market Growth Drivers:
Rising Prevalence Of Chronic And Neurological Diseases and Rising Prevalence Of Neurological Disorders
Challenges:
Lack Of Organized Regulatory Framework
Restraints:
Lack Of Regulatory Procedures And Toxicity Issues
Opportunities:
Increasing Awareness About Advantages Offered By Nanopharmaceuticals and Growing Government Funding To Support The Development Of Regenerative Medicine
Competitive Landscape:
The global nanopharmaceuticals market is fragmented due to the presence of several manufacturers at the global and regional levels. The level of competition among the companies in the nanopharmaceuticals market is intense and manufacturers focus on developing customized products for the customers. The companies are seeking ways to reduce cost, improve product quality, and production efficiency.
Some of the key players profiled in the report are Teva Pharmaceuticals (Israel), Johnson & Johnson Services, Inc. (United States), Eli Lilly and Company (United States), Shire Plc. (United States), Abbott Laboratories (United States), AstraZeneca plc (United Kingdom), Novartis AG (Switzerland), F. Hoffmann-La Roche AG (Switzerland), Pfizer Inc. (United States), Merck & Co. (United States), Sanofi S.A (France), GlaxoSmithKline plc (United Kingdom) and PharmaCircle, LLC (United States). Additionally, following companies can also be profiled that are part of our coverage like NanoPharmaceuticals LLC (United States), Baxter BioPharma Solutions LLC (United States), BASF SE (Germany), Frontage Laboratories, Inc (United States) and Cambrex Corporation (United States). Considering Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Nanopharmaceuticals market. Considering Market by Administration Route, the sub-segment i.e. Oral will boost the Nanopharmaceuticals market. Considering Market by Modality, the sub-segment i.e. Diagnostics will boost the Nanopharmaceuticals market.
In February 2019, Nanogen Labs, Inc launched nanoE to enhance the water compatibility and bioavailability of cannabinoids.
What Can be Explored with the Nanopharmaceuticals Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Nanopharmaceuticals Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Nanopharmaceuticals
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Nanopharmaceuticals market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Nanopharmaceuticals market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Nanopharmaceuticals Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.