A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Nanomedicine Therapeutics Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Global Nanomedicine Therapeutics Market Definition:

Nanomedicine is an area of science that employs particles at the nanoscale range to be used as a treatment in case of various ailments. The major benefit of nanomaterials involves their ability to deliver drug molecules to their specific site of action & facilitate the controlled release of drugs. In this, most nanoparticles ranging from 1nm to 100nm are used, as they possess properties that are not available in bulk materials. The most significant of them include their higher reactivity & ability to pass through membranes, which play a key role in improving therapeutic activities.

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Global Nanomedicine Therapeutics Market Insights:

The Global Nanomedicine Therapeutics Market is projected to grow at a CAGR of around 12.5% during the forecast period, i.e., 2023-28. 

Global Nanomedicine Therapeutics Market Key Driver:

Enhanced Adoption of Targeted Nanotherapies for Cancer Treatment -  In cancer therapeutics, drugs are designed to affect the cell cycle mechanism, which can be controlled to inhibit the cell division of the tumor cells. Nanomedicines have been in the highest demand among all the available cancer therapeutics, owing to their nature of targeting tumor cells only. Most cancer drugs have been observed to show side effects, including the negative effect of the cell division process of non-tumoral cells. This is not the case in these therapeutics, as they have been found to effectively deliver the drug to the tumoral tissues, thus reducing other side effects caused by conventional drugs.

Henceforth, cancer being one of the major global burdens & causing the largest number of related deaths, the need for upgraded & targeted therapy was much required. Thus, companies like Johnson & Johnson, Teva Pharmaceuticals, etc., have launched & commercialized their cancer nanomedicines during the past few years. These medicines were commercialized on a large scale across Asia-Pacific, Europe, and North America, which has supported the growth of the market. Besides, companies like Celgene, Halozyme Therapeutics, etc., have also been investing in the R&D of targeted Nano therapies for cancer. Thus, these target nano therapies under clinical trials have the potential to create lucrative opportunities for the growth of the Global Nanomedicine Therapeutics Market during 2023-28.

Global Nanomedicine Therapeutics Market Leading Key Players:

Johnson & Johnson Ltd, Bristol-Myers Squibb Company, Ipsen Pharma, GlaxoSmithKline plc, Arrowhead Pharmaceuticals, Inc., Nanospectra Biosciences, Cristal Therapeutics, MagArray, Inc. , BlueWillow Biologics, MagForce NT GmbH, Acrotech Biopharma LLC, Recordati S.p.A., Ratiopharm GmbH, Alnylam Pharmaceuticals., Clene Nanomedicine

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Global Nanomedicine Therapeutics Market Segmentation:

Based on Application

- Drug Delivery- Market Size & Forecast 2018-2028, USD Million

- Regenerative Medicine- Market Size & Forecast 2018-2028, USD Million

- Vaccines - Market Size & Forecast 2018-2028, USD Million

- Active Implants- Market Size & Forecast 2018-2028, USD Million

- Others (Controlled Drug Release, Combination therapy, etc.) - Market Size & Forecast 2018-2028, USD Million

Based on Indication

- Oncology- Market Size & Forecast 2018-2028, USD Million

- Infectious Disease- Market Size & Forecast 2018-2028, USD Million

- Cardiology- Market Size & Forecast 2018-2028, USD Million

- Neurological Disease- Market Size & Forecast 2018-2028, USD Million

- Others (Orthopaedics, Urology, etc.) - Market Size & Forecast 2018-2028, USD Million

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Global Nanomedicine Therapeutics Market Geographical Analysis

By Region

- North America

- South America

- Europe

- Middle East & Africa

- Asia-Pacific

Recent Development of Global Nanomedicine Therapeutics Market:

2022: Clene Nanomedicine announced the phase 2 trial result of its CNM-Au8 drug, which is designed for the treatment of neurodegenerative diseases. The study showed positive results by significantly reducing the disease progression of Amyotrophic Lateral Sclerosis.

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