The report titled “Global Nanopharmaceutical Drugs Market Share and Forecast to 2027” offered by Emergen Research offers a bird’s eye view of the market to present a projected growth rate of the industry in the coming years.
According to latest Updates, Global Nanopharmaceutical Drugs Market size is projected to be worth USD 82.71 Billion by 2027, according to a current analysis by Emergen Research. The nanopharmaceutical drugs market is observing high demand attributed to the rising incidence of cancer.
The research report is an investigative study of the Nanopharmaceutical Drugs market that offers crucial information pertaining to the market size and market share of the sector on a global scale. The research study presents an industry-wide summary of the Nanopharmaceutical Drugs market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others.
The nanopharmaceutical drugs have been garnering significant market traction due to the ability of such drug systems to overcome restrictions and issues associated with conventional pharmaceutical agents, preparations, and delivery systems.
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Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease.
A major concern linked with conventional drug delivery systems is the removal of residual parts of such systems, consequently leaving non-biodegradable substances, which may lead to toxicity issues, in the body of a patient. Also, most of the conventional drug delivery systems have a high initial drug release burst instantly after drug administration, along with low drug solubility.
The report is further furnished with the latest happenings of the Nanopharmaceutical Drugs market pertaining to the impact of the COVID-19 pandemic on the industry. The report covers the analysis of the dynamic changes and disruptions caused by the pandemic and offers a comprehensive overview of the impact of the COVID-19 pandemic on the market and its key segments.
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Key Highlights from The Report
- In February 2019, Sanofi entered into a definitive agreement with NH TherAGuIX for the introduction of AGuIX® Nanoparticle in the field of cancer treatment. This agreement offers NH TherAGuIX the benefit to gain from the experience and industrial expertise of Sanofi in producing active pharmaceutical ingredients (API).
- Microemulsion formulations are considered to be advantageous compared to conventional oral formulations and provide improved absorption, increased clinical potency, and decreased drug toxicity.
- The application of nanotechnologies has extremely transformed the pharmaceutical and biotechnology sector landscape, with nearly 100 nanomedicine products at present being sanctioned for clinical use varying from drug delivery to and medical devices.
- Nanopharmaceutical drugs for antimicrobial drug delivery provide unique benefits in reducing resistance and triggering fewer side effects compared to conventional antibiotics. Nanopharmaceutical drugs can induce efficient immune responses compared to microbial infection.
- The market in the North American region held the largest market share in 2019, owing to high adoption of advanced diagnostic procedures, a rising incidence of chronic conditions, established healthcare infrastructure, and undertaking of various initiatives to create awareness about the disease.
- Key participants include Amgen Inc., AstraZeneca PLC, Gilead Sciences Inc., Novartis AG, F. Hoffmann-La Roche AG, AbbVie Inc., Johnson Johnson, Pfizer Inc., Sanofi SA, and Merck Co. Inc., among others.
The research carries out an in-depth analysis of the latest projects undertaken by the companies and also offers details on the viability of the projects. The report provides an extensive outlook of the industry with regard to the essential elements. The report also offers an industry-wide analysis based on detailed market segmentation.
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Emergen Research has segmented the global nanopharmaceutical drugs market on the basis of type, application, distribution channel, and region:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Liposomes
- Polymeric Micelles
- Microemulsion
- Solid Lipid Nanoparticles
- Nanoemulsion
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Oncology
- Cardiovascular/Physiology
- Anti-inflammatory/Immunology
- Neurology
- Anti-Infective
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Hospital Pharmacies
- Retail Off-Line Pharmacies
- Retail On-Line Pharmacies
Key Regions Analyzed in the Report:
- North America
- Canada
- S.
- Europe
- Germany
- Italy
- K.
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of Middle East Africa
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