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Bharatbook added a new report on "Nanotechnology in Medical Applications: The Global Market" which gives in-depth analysis and forecast on the Nanotechnology Market.
The global nanomedicine market was valued at $53 billion in 2009, and is forecast to increase at a compound annual growth rate (CAGR) of 13.5% to reach more than $100 billion in 2014.
Nanomedical products for cancer are one of the largets market segments, worth nearly $20 billion in 2009. This sector is expected to increase at a compound annual growth rate (CAGR) of 11% to reach $33 billion in 2014.
Nanomedicine for CNS indications is another major market sector, valued at nearly $11 billion in 2009 and expected to reach $18 billion by 2014, an 11.1% compound annual growth rate (CAGR).
STUDY GOALS AND OBJECTIVES
The aim of this report is to provide detailed market, technology and industry analyses to help readers quantify and qualify the market for prescription drug products incorporating nanotechnology features. Important trends are identified and sales forecasts by product categories and major country markets are provided through 2014; these are based on industry sources and considered assessment of the regulatory environment, healthcare policies, demographics, and other factors that directly affect the nanomedicine-related drug market. The wider economic environment
is also taken into account.
The report examines strategies employed by companies specializing in nanomedicine to meet the challenges of this highly competitive market.
REASONS FOR DOING THE STUDY
Nanomedicine is transforming itself into an established market. Unlike some of the farther shores of nanotechnology, which are still largely experimental in nature, nanomedicine has already produced a healthy crop of significant products in which the nano dimension has made a significant contribution to product effectiveness. As the market grows towards maturity, it is timely to review the technology, see its practical applications so far, evaluate the participating companies, and look to the future of this marketplace.
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