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

International research partnership tricks the light fantastic March 2nd, 2015

UC research partnership explores how to best harness solar power March 2nd, 2015

Researchers turn unzipped nanotubes into possible alternative for platinum: Aerogel catalyst shows promise for fuel cells March 2nd, 2015

Important step towards quantum computing: Metals at atomic scale March 2nd, 2015

Possible Futures

European roadmap for graphene science and technology published February 25th, 2015

Quantum research past, present and future for discussion at AAAS February 16th, 2015

World’s first compact rotary 3D printer-cum-scanner unveiled at AAAS by NTU Singapore start-up: With production funded by crowdsourcing, the first unit will be delivered to the United States in March February 16th, 2015

Nanotechnology Electric Vehicle (EV) Market Analysis Report 2015: According to Radiant Insights, Inc February 13th, 2015

Nanomedicine

New Hopes for Treatment of Intestine Cancer by Edible Nanodrug March 2nd, 2015

Graphene Shows Promise In Eradication Of Stem Cancer Cells March 1st, 2015

Novel Method to Determine Optical Purity of Drug Components March 1st, 2015

Untangling DNA with a droplet of water, a pipet and a polymer: With the 'rolling droplet technique,' a DNA-injected water droplet rolls like a ball over a platelet, sticking the DNA to the plate surface February 27th, 2015

Announcements

International research partnership tricks the light fantastic March 2nd, 2015

UC research partnership explores how to best harness solar power March 2nd, 2015

Researchers turn unzipped nanotubes into possible alternative for platinum: Aerogel catalyst shows promise for fuel cells March 2nd, 2015

Important step towards quantum computing: Metals at atomic scale March 2nd, 2015

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

Researchers turn unzipped nanotubes into possible alternative for platinum: Aerogel catalyst shows promise for fuel cells March 2nd, 2015

Important step towards quantum computing: Metals at atomic scale March 2nd, 2015

New Hopes for Treatment of Intestine Cancer by Edible Nanodrug March 2nd, 2015

Novel Method to Determine Optical Purity of Drug Components March 1st, 2015

Nanobiotechnology

Untangling DNA with a droplet of water, a pipet and a polymer: With the 'rolling droplet technique,' a DNA-injected water droplet rolls like a ball over a platelet, sticking the DNA to the plate surface February 27th, 2015

Bacteria network for food: Bacteria connect to each other and exchange nutrients February 23rd, 2015

Building tailor-made DNA nanotubes step by step: New, block-by-block assembly method could pave way for applications in opto-electronics, drug delivery February 23rd, 2015

Better batteries inspired by lowly snail shells: Biological molecules can latch onto nanoscale components and lock them into position to make high performing Li-ion battery electrodes, according to new research presented at the 59th annual meeting of the Biophysical Society February 12th, 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