Nanomedicine Market Report by Nanomolecule Type (Nanoparticles, Nanoshells, Nanotubes, Nanodevices), Product (Therapeutics, Regenerative Medicine, In-Vitro Diagnostics, In-Vivo Diagnostics, Vaccines), Application (Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, and Others), and Region 2024-2032

Nanomedicine Market Report by Nanomolecule Type (Nanoparticles, Nanoshells, Nanotubes, Nanodevices), Product (Therapeutics, Regenerative Medicine, In-Vitro Diagnostics, In-Vivo Diagnostics, Vaccines), Application (Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4052
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Market Overview:

The global nanomedicine market size reached US$ 263.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 719.5 Billion by 2032, exhibiting a growth rate (CAGR) of 11.4% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 263.9 Billion
Market Forecast in 2032
US$ 719.5 Billion
Market Growth Rate 2024-2032 11.4%


Nanomedicine refers to specialized multi-functional drugs with programmable properties used for the treatment of diseases and repairing tissues at a molecular level. It involves the use of nanoparticles, nanotubes and nanodevices, such as imaging agents, nanorobots, biochips and polymer therapeutics, for the diagnosis, treatment and prevention of a disorder and analyzing the underlying pathophysiology. The nanoparticles include metal and metal oxides, liposomes and inorganic particles, which are used for transporting the drugs and targeting difficult to reach areas in the body. As a result, nanomedicine finds extensive applications for drug delivery, diagnostic imaging, vaccines, regenerative medicines and implants.

Global Nanomedicine Market

Nanomedicine Market Trends:

The increasing prevalence of chronic medical ailments across the globe is one of the key factors creating a positive outlook for the market. Nanomedicine is highly beneficial in the treatment of oncological, neurological, urological, infectious, ophthalmological, orthopedic, immunological and cardiovascular diseases. In line with this, shifting preference for personalized medicines is also contributing to the growth of the market. Additionally, various technological advancements in the nanoscale technologies for improved diagnostic procedures are acting as other growth-inducing factors. Pharmaceutical manufacturers are using nanorobotic systems and other novel solutions for the effective administration of nanomedicines. Other factors, including improvements in the healthcare infrastructure, along with extensive research and development (R&D) activities in the field of biotechnology, are anticipated to drive the market toward growth.

 

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global nanomedicine market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on nanomolecule type, product and application.

Breakup by Nanomolecule Type:

 

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Nanoparticles
    • Metal and Metal Oxide Nanoparticles
    • Liposomes
    • Polymers and Polymer Drug Conjugates
    • Hydrogel Nanoparticles
    • Dendrimers
    • Inorganic Nanoparticles
  • Nanoshells
  • Nanotubes
  • Nanodevices
     

Breakup by Product:

  • Therapeutics
  • Regenerative Medicine
  • In-Vitro Diagnostics
  • In-Vivo Diagnostics
  • Vaccines
     

Breakup by Application:

  • Clinical Oncology
  • Infectious Diseases
  • Clinical Cardiology
  • Orthopedics
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Arrowhead Pharmaceuticals Inc., General Electric Company, Luminex Corporation, Merck & Co. Inc., Nanobiotix, Novartis AG, Pfizer Inc., Sanofi SA and Starpharma Holdings Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Nanomolecule Type, Product, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, Arrowhead Pharmaceuticals Inc., General Electric Company, Luminex Corporation, Merck & Co. Inc., Nanobiotix, Novartis AG, Pfizer Inc., Sanofi SA and Starpharma Holdings Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option  Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global nanomedicine market was valued at US$ 263.9 Billion in 2023.

We expect the global nanomedicine market to exhibit a CAGR of 11.4% during 2024-2032.

The rising prevalence of neurological, urological, ophthalmological, orthopedic, immunological, and cardiovascular diseases, along with the growing demand for personalized medicines, is primarily driving the global nanomedicine market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of nanomedicines for diagnostic imaging and delivery of novel drugs to combat the spread of the coronavirus infection.

Based on the nanomolecule type, the global nanomedicine market can be categorized into nanoparticles, nanoshells, nanotubes, and nanodevices. Currently, nanoparticles account for the majority of the global market share.

Based on the product, the global nanomedicine market has been segregated into therapeutics, regenerative medicine, in-vitro diagnostics, in-vivo diagnostics, and vaccines. Among these, therapeutics currently exhibit a clear dominance in the market.

Based on the application, the global nanomedicine market can be bifurcated into clinical oncology, infectious diseases, clinical cardiology, orthopedics, and others. Currently, clinical oncology holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global nanomedicine market include Abbott Laboratories, Arrowhead Pharmaceuticals Inc., General Electric Company, Luminex Corporation, Merck & Co. Inc., Nanobiotix, Novartis AG, Pfizer Inc., Sanofi SA, and Starpharma Holdings Limited.

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Nanomedicine Market Report by Nanomolecule Type (Nanoparticles, Nanoshells, Nanotubes, Nanodevices), Product (Therapeutics, Regenerative Medicine, In-Vitro Diagnostics, In-Vivo Diagnostics, Vaccines), Application (Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopedics, and Others), and Region 2024-2032
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