Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > US Demand for Nanotechnology Medical Products to Exceed $75B in 2014

Abstract:
Demand for nanotechnology medical products, including nanomedicines, nanodiagnostics, and nanotech-based medical supplies and devices, will increase over 17 percent per year to $75.1 billion in 2014.

US Demand for Nanotechnology Medical Products to Exceed $75B in 2014

Cleveland, OH | Posted on July 24th, 2010

The greatest near-term impact of nanotechnology in health care will involve therapies and diagnostics for cancer and central nervous system disorders. Gradually, many other major diseases, as well as injuries, will be treated and detected routinely by products based on nanosized ingredients or components. Advances in nanotechnology will also expand capabilities in the areas of drug discovery, surgery and general medical research.

These and other trends are presented in Nanotechnology in Health Care, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.

The total market for nanomedicines will command strong growth of 18 percent annually over the long term, rising to $59 billion in 2014 due to the critical need for new or improved therapies for many medical conditions. Therapies for advanced cancers, autoimmune diseases, neurological disorders and viral infections will lead new product introductions and command the greatest growth opportunities.

Demand for nanodiagnostics is projected to increase 6.8 percent per year to $11.3 billion in 2014 based on an expanding range of new commercial offerings. Immunoassays based on monoclonal antibodies and DNA probes are improving in vitro diagnostic testing, drug discovery and medical research procedures. Nanoparticle formulations will broaden in vivo imaging capabilities by enabling the detection of tumors, plaque, genetic defects and other disease states at much earlier stages. Nanomaterials are already realizing significant demand as active ingredients of burn and wound dressings, bone substitutes, and dental repair and restoration products. Demand for medical supplies and devices based at least partially on nanomaterials is projected to reach $5.1 billion in 2014, up from $530 million in 2009.

Nanotechnology in Health Care (published 06/2010, 351 pages) is available for $4,800 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail Information may also be obtained through www.freedoniagroup.com

####

For more information, please click here

Contacts:
Corinne Gangloff
440-684-9600

Copyright © Freedonia Group

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

UT Dallas engineers twist nanofibers to create structures tougher than bulletproof vests March 27th, 2015

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Designer's toolkit for dynamic DNA nanomachines: Arm-waving nanorobot signals new flexibility in DNA origami March 27th, 2015

Using magnetic fields to understand high-temperature superconductivity: Los Alamos explores experimental path to potential 'next theory of superconductivity' March 27th, 2015

Possible Futures

Nanotechnology in Medical Devices Market is expected to reach $8.5 Billion by 2019 March 25th, 2015

Nanotechnology Enabled Drug Delivery to Influence Future Diagnosis and Treatments of Diseases March 21st, 2015

Nanocomposites Market Growth, Industry Outlook To 2020 by Grand View Research, Inc. March 21st, 2015

Nanotechnology Drug Delivery Market in the US 2012-2016 : Latest Report Available by Radiant Insights, Inc March 16th, 2015

Nanomedicine

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Graphene reduces wear of alumina ceramic March 26th, 2015

Application of Graphene Oxide in Body Implants in Iran March 26th, 2015

Nanotechnology in Medical Devices Market is expected to reach $8.5 Billion by 2019 March 25th, 2015

Announcements

UT Dallas engineers twist nanofibers to create structures tougher than bulletproof vests March 27th, 2015

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Designer's toolkit for dynamic DNA nanomachines: Arm-waving nanorobot signals new flexibility in DNA origami March 27th, 2015

Using magnetic fields to understand high-temperature superconductivity: Los Alamos explores experimental path to potential 'next theory of superconductivity' March 27th, 2015

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Chemists make new silicon-based nanomaterials March 27th, 2015

UT Dallas engineers twist nanofibers to create structures tougher than bulletproof vests March 27th, 2015

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Designer's toolkit for dynamic DNA nanomachines: Arm-waving nanorobot signals new flexibility in DNA origami March 27th, 2015

Nanobiotechnology

Designer's toolkit for dynamic DNA nanomachines: Arm-waving nanorobot signals new flexibility in DNA origami March 27th, 2015

Dolomite’s microfluidics technology ideal for B cell encapsulation March 24th, 2015

Tiny bio-robot is a germ suited-up with graphene quantum dots March 24th, 2015

TGAC's take on the first portable DNA sequencing 'laboratory': First remote laboratory allows researchers to conduct real-time anaylsis March 19th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE