Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International

Wikipedia Affiliate Button

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

An 'exceptionally stable' single-atom catalyst: Single platinum atoms stabilized in C12A7 crystals February 26th, 2020

180 Degree Capital Corp. Reports 15.9% Annual Increase and 0.3% Quarter Increase in Net Asset Value Per Share to $3.06 as of December 31, 2019 February 24th, 2020

The Human Brain/Cloud Interface Research Paper has been Published! February 22nd, 2020

KIST researchers develop high-capacity EV battery materials that double driving range: Everyday materials and simple process used to develop new battery anode materials! Cost-effectiveness and simplicity of process and excellent properties of materials enable mass-production and February 21st, 2020

Possible Futures

An 'exceptionally stable' single-atom catalyst: Single platinum atoms stabilized in C12A7 crystals February 26th, 2020

The Human Brain/Cloud Interface Research Paper has been Published! February 22nd, 2020

Russian scientists found an effective way to obtain fuel for hydrogen engines: One of the most promising alternative energy sources is hydrogen, which can be extracted from water and air February 21st, 2020

KIST researchers develop high-capacity EV battery materials that double driving range: Everyday materials and simple process used to develop new battery anode materials! Cost-effectiveness and simplicity of process and excellent properties of materials enable mass-production and February 21st, 2020

Nanomedicine

A scaffold at the center of our cellular skeleton: UNIGE researchers have discovered a new nano-structure that lies at the center of our cellular skeleton; this discovery will allow to better understand how the cell maintains its architecture as well as the pathologies associated February 21st, 2020

Novel formulation permits use of toxin from rattlesnake venom to treat chronic pain: Researchers Butantan Institute succeeded in reducing the toxicity and potentiating the analgesic effect of crotoxin by encapsulating it in nanostructured silica -- the results of tests in an anim February 14th, 2020

Gold nanoclusters: new frontier for developing medication for treatment of Alzheimer's disease February 14th, 2020

Nanotech company granted FDA Fast Track for treatment of head & neck cancer February 10th, 2020

Announcements

An 'exceptionally stable' single-atom catalyst: Single platinum atoms stabilized in C12A7 crystals February 26th, 2020

180 Degree Capital Corp. Reports 15.9% Annual Increase and 0.3% Quarter Increase in Net Asset Value Per Share to $3.06 as of December 31, 2019 February 24th, 2020

The Human Brain/Cloud Interface Research Paper has been Published! February 22nd, 2020

KIST researchers develop high-capacity EV battery materials that double driving range: Everyday materials and simple process used to develop new battery anode materials! Cost-effectiveness and simplicity of process and excellent properties of materials enable mass-production and February 21st, 2020

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

An 'exceptionally stable' single-atom catalyst: Single platinum atoms stabilized in C12A7 crystals February 26th, 2020

The Human Brain/Cloud Interface Research Paper has been Published! February 22nd, 2020

Russian scientists found an effective way to obtain fuel for hydrogen engines: One of the most promising alternative energy sources is hydrogen, which can be extracted from water and air February 21st, 2020

KIST researchers develop high-capacity EV battery materials that double driving range: Everyday materials and simple process used to develop new battery anode materials! Cost-effectiveness and simplicity of process and excellent properties of materials enable mass-production and February 21st, 2020

Nanobiotechnology

Novel formulation permits use of toxin from rattlesnake venom to treat chronic pain: Researchers Butantan Institute succeeded in reducing the toxicity and potentiating the analgesic effect of crotoxin by encapsulating it in nanostructured silica -- the results of tests in an anim February 14th, 2020

Gold nanoclusters: new frontier for developing medication for treatment of Alzheimer's disease February 14th, 2020

Nanotech company granted FDA Fast Track for treatment of head & neck cancer February 10th, 2020

Arrowhead Reports Interim Clinical Data on Cardiometabolic Candidates ARO-APOC3 and ARO-ANG3 February 5th, 2020

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project