Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Research and Markets: Nanotechnology in Drug Delivery: Global Markets - Nanotech Drug Delivery Will Be 15% of Global Nanotechnology Market By 2021

Abstract:
Research and Markets(http://www.researchandmarkets.com/affcontent/?tt=3721_135171_69066_&r=research/2e98ee/nanotechnology_in) has announced the addition of the "Nanotechnology in Drug Delivery: Global Markets" report to their offering.

Research and Markets: Nanotechnology in Drug Delivery: Global Markets - Nanotech Drug Delivery Will Be 15% of Global Nanotechnology Market By 2021

Dublin, Ireland | Posted on January 29th, 2012

Cientifica's latest report identifies China as fastest-growing sector

In the decade since the international spotlight focused on nanotechnology, with some predicting a trillion dollar nanotech-enabled market by 2020, it has become increasingly clear from which areas of science and industry that market will materialise. Cientifica's Global Funding of Nanotechnologies 2011 tracked the growth of government funding to a total of $67.5 billion from 2000 to 2011.

Cientifica's latest report, Nanotechnology in Drug Delivery: Global Markets, indicates nanotech-enabled drug delivery therapeutics is set to grow from a current value of $2.3 billion to $136 billion by the year 2021. This sector will therefore represent approximately 15% of the global nanotechnology market in 2021. Healthcare offers the greatest opportunity to add value to nanomaterials and China is the fastest-growing market sector, according to Cientifica.

It's a win-win situation for the nanotechnology and pharmaceutical industries, said Tim Harper, CEO of Cientifica. Drug delivery offers higher margins than other uses of nanomaterials, and allows manufacturers to access more of the value chain than if they were supplying materials for paint or sunscreen. At the same time, reformulation of drugs can enable the pharma industry to extend patents and hang on to existing revenue streams.

Cientifica's research indicates that global growth in the drug delivery market will be led by Asia with a compound annual growth rate (CAGR) of 32.5% between now and 2021. China will be the largest market for nanotechnology based drug delivery systems by 2021, worth more than $18 billion and representing 43% of the Asian market.

France is forecast to surpass Japan as a drug delivery market within 10 years. Among European Union countries, the highest growth will be found in the former Eastern Bloc, and the lowest in the UK.

This report focuses on NDD market opportunities in Asia, Europe, US and the RoW.

####

For more information, please click here

Contacts:
Research and Markets
Laura Wood, Senior Manager,

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright © Business Wire

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

Regulation of two-dimensional nanomaterials: New driving force for lithium-ion batteries July 26th, 2017

Liquid electrolyte contacts for advanced characterization of resistive switching memories July 26th, 2017

Phenom-World Launches Phenom Pro and ProX Generation 5 SEMs at Microscopy & Microanalysis Conference USA: The excellent performance in a wide range of applications offers a serious alternative to floor model SEMs July 26th, 2017

Graduate Students from Across the Country Attend Hands-on NanoCamp: Prominent scientists Warren Oliver, Ph.D., and George Pharr, Ph.D., presented a weeklong NanoCamp for hand-picked graduate students across the United States July 26th, 2017

Possible Futures

Regulation of two-dimensional nanomaterials: New driving force for lithium-ion batteries July 26th, 2017

Liquid electrolyte contacts for advanced characterization of resistive switching memories July 26th, 2017

Graduate Students from Across the Country Attend Hands-on NanoCamp: Prominent scientists Warren Oliver, Ph.D., and George Pharr, Ph.D., presented a weeklong NanoCamp for hand-picked graduate students across the United States July 26th, 2017

Shining rings: A new material emits white light when exposed to electricity: New synthetic approach could spark development of other dynamic materials July 24th, 2017

Nanomedicine

Shining rings: A new material emits white light when exposed to electricity: New synthetic approach could spark development of other dynamic materials July 24th, 2017

Scientists announce the quest for high-index materials: All-dielectric nanophotonics: The quest for better materials and fabrication techniques July 22nd, 2017

Probiotics: Novel biosynthetic tool to develop metallic nanoparticles: This research article by Dr. Nida Akhtar et al has been published in Recent Patents on Drug Delivery & Formulation, Volume 11, Issue 1, 2017 July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

Announcements

Regulation of two-dimensional nanomaterials: New driving force for lithium-ion batteries July 26th, 2017

Liquid electrolyte contacts for advanced characterization of resistive switching memories July 26th, 2017

Phenom-World Launches Phenom Pro and ProX Generation 5 SEMs at Microscopy & Microanalysis Conference USA: The excellent performance in a wide range of applications offers a serious alternative to floor model SEMs July 26th, 2017

Graduate Students from Across the Country Attend Hands-on NanoCamp: Prominent scientists Warren Oliver, Ph.D., and George Pharr, Ph.D., presented a weeklong NanoCamp for hand-picked graduate students across the United States July 26th, 2017

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

Regulation of two-dimensional nanomaterials: New driving force for lithium-ion batteries July 26th, 2017

Liquid electrolyte contacts for advanced characterization of resistive switching memories July 26th, 2017

Shining rings: A new material emits white light when exposed to electricity: New synthetic approach could spark development of other dynamic materials July 24th, 2017

Ultrathin device harvests electricity from human motion July 23rd, 2017

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