Injectable Nanomedicine Market Size [2023-2030] | Industry Share, Revenue, Key Players, CAGR, Demand and Sales Forecast
The global injectable nanomedicine market is exhibiting a huge growth with steady CAGR. Driving factors include cost-effectiveness, convenience and accessibility. Technology advancements and presence of government policies will further boost the global market.
Pune, India, March 07, 2023 (GLOBE NEWSWIRE) — The global injectable nanomedicine market size is projected to experience dynamic growth in the forthcoming years owing to the rising number of ageing population across the world, finds Fortune Business Insights™ in its report, titled “Injectable Nanomedicine Market, 2023-2030”.
Notable Industry Development
March 2021: Pacira got FDA approval for EXPAREL (bupivacaine liposome injectable suspension) for pediatric populations.
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Report Scope
Report Coverage | Details |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historical Data for | 2019 to 2021 |
Key Takeaways:
- Increasing prevalence of chronic diseases such as cancer and cardiovascular diseases, and high demand for injectable nanomedicine.
- Hospitals section ought to grow at a massive CAGR because of technological improvements and the rising incidence of chronic illnesses.
- North America is projected to account for maximum percentage of the injectable nanomedicine market.
- North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa account for the majority of the injectable nanomedicine market.
Drivers & Restraints-
Rising Commercialization to Underpin Industry Growth
Industry players anticipate investment in nanomedicine developments will propel injectable nanomedicine market share. Prominently, a surge in commercialization and infusion of funds from drug makers have boded well for the business outlook. The application of nanomedicine in drug discovery will encourage investments in the landscape. It is worth noting that bullish research activities, as well as technological advancements, will bode well for companies gearing to boost their portfolios. Furthermore, industry participants expect a collaboration between academia and pharmaceutical companies will expedite innovations. However, a low approval rate for clinical use and complexities in nanoscale manufacturing may dent the growth prospect.
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Regional Analysis-
Expansion of Healthcare Facilities to Encourage Investments in North America
Leading companies envisage the U.S. and Canada to emerge as favorable investment hubs to expand the penetration of injectable nanomedicine. A notable uptick in research activities has ushered in innovations across North America. So much so that prevalence of advanced healthcare facilities could foster North America market outlook.
Europe injectable nanomedicine market growth will observe stellar growth during the assessment period. The bullish outlook is majorly attributed to the penetration of strong healthcare infrastructure and the availability of sterile GMP-approved sites for the manufacturing and development of nanomedicine. It is pertinent to mention that the rising footfall of clinics and R&D institutes across the U.K., France, Germany and Italy will propel regional growth.
Competitive Landscape-
Major Players Focus on Product Portfolio Expansion to Gain Competitive Edge
Stakeholders have upped investments in mergers & acquisitions, research and development activities, product launches and geographical expansion. Leading players are poised to invest in technological advancements and product offerings in the ensuing period.
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List of Key Players Covered in the Injectable Nanomedicine Market Report:
- Lupin
- Pacira BioSciences, Inc.
- BioDelivery Sciences International, Inc.
- Amgen Inc.
- CELGENE CORPORATION
- Teva Pharmaceutical Industries Ltd
- Pfizer Inc
- Hoffmann-La Roche Ltd.
This Report Answers the Following Questions:
- How will the manufacturers cope up with the impacts COVID-19?
- Which company is expected to generate the highest revenue?
- What are the market growth drivers, hindrances, and dynamics?
- Which segment is set to dominate the market in terms of share?
Market Segmentation:
By Drug Type
- Liposomes
- Nanocrystals
- Micelles
- Polymeric Nanoparticles
- Others
By Application
- Cancer
- Cardiovascular Diseases
- Central Nervous System Diseases
- Infection Control
- Inflammatory Diseases
- Others
By End User
- Hospitals
- Clinics
- R&D Institutes
- Others
By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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