Moreover, key players have contributed significantly to the market growth by leveraging product diversification, product commercialization, and product approvals.
As per the WHO factsheet, cancer is found to be one of the major causes of mortality and morbidity worldwide, with approximately 14 million new cases in and 8.
The main areas in which nanomedical products have made an impact are cancer, CNS diseases, cardiovascular disease, and infection control.TABLE 1. In the United States, one of the major challenges associated with nanotechnology is the ability to integrate nanoscale materials into new devices and systems, along with an application of novel properties at the nano-level. In the United States, the National Nanotechnology Initiative NNI , which was initiated in , is among the supreme bodies that manage all nanotechnology-related activities. The FDA should be relatively prepared for some of the earliest and most basic applications of nanomedicine in areas such as gene therapy and tissue engineering. Development of novel nanotechnology-based drugs and therapies is driven by the need to develop therapies that have fewer side effects and that are more cost-effective than traditional therapies, in particular for cancer. Interested in this report? North America is Expected to Hold the Largest Share in the Market In the United States, several companies are closely observing the developments in nanostructured materials across various applications in the healthcare industry, including medical devices, to improve efficiency and efficacy. Research efforts in nanomedicine are driven by significant governmental nanotechnology funding programs. Another plus major pharmaceutical and medical device corporations have nanomedicine products. In the recent strategic plan presented by the NNI in , several programs were identified to further advance the research and development programs, over the forecast period. The insufficient absorbance of oral drugs administered for a range of neurological conditions, such as Alzheimer's disease, Parkinson disease, tumor, neuro-AIDS, among others, opens up the necessity of nanomedicine with stem cell therapy.
Additionally, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals to analyze before investing or expanding the business in this market. Note: Product cover images may vary from those shown 2 of 4.
Benefits: The report provides complete details about the usage and adoption rate of nanomedicines in various therapeutic verticals and regions.
Therapeutic Application Analysis: Nanomedicines are used as fluorescent markers for diagnostic and screening purposes. Application of nanotechnology-based contrast reagents for diagnosis and monitoring of the effects of drugs on an unprecedented short timescale is also attributive drive growth in the coming years.
Biomaterials: These include self-assembling particles or other types of nanomaterial that improve the mechanical properties and biocompatibility of biomaterials for medical implants; examples include nanocomposite materials used as dental fillers and nanohydroxyapatite used for implant coatings and bone substitutes.
Examples are liposomes and virosomespolymer nanoparticles, nanosuspensions, and polymer therapeutics. Development of novel nanotechnology-based drugs and therapies is driven by the need to develop therapies that have fewer side effects and that are more cost-effective than traditional therapies, in particular for cancer.
It involves three nanotechnology areas of diagnosis, imaging agents, and drug delivery with nanoparticles in the 1—1, nm range, biochips, and polymer therapeutics. Recent years observed a significant number of research studies being published on methods for the synthesis of nanoparticle-encapsulated drugs within in vivo and in vitro studies.
It involves three nanotechnology areas of diagnosis, imaging agents, and drug delivery with nanoparticles in the 1—1, nm range, biochips, and polymer therapeutics. According to BCC Research www.Individual nanomedicine application areas are defined below. Therapeutic Application Analysis: Nanomedicines are used as fluorescent markers for diagnostic and screening purposes. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services. Note: Product cover images may vary from those shown 2 of 4. This is due to the fact that it involves the drug development at molecular scale which helps in easy prevention, diagnosis, treatment, and regeneration of tissues and organs. Nanomedicine uses nano-sized tools for the diagnosis, prevention and treatment of disease, and to gain increased understanding of the complex underlying pathophysiology of the disease. The nanomedicine market is analyzed based on two segments — therapeutic applications and regions. A comparison between Europe as a whole and the US shows that while Europe is at the forefront of research, the US leads in the number of patent filings.