DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/e57396/nanotechnology_for) has announced the addition of the "Nanotechnology for Drug Delivery - Global Market for Nanocarriers" report to their offering.
Nanocarriers set to be 40% of NDD market by 2021
Cientifica sees a 60/40 market split between nanocrystals and nanocarriers
Nanocarriers will account for 40% of a $136 billion nanotechnology-enabled drug delivery market by 2021 according to new research published by Cientifica in its report, Nanotechnology for Drug Delivery: Global Market for Nanocarriers.
The author forecasts that the total market size in 2021 to be US$136 billion, with a 60/40 split between nanocrystals and nanocarriers respectively, although developing new targeted delivery mechanisms may allow more value to be created for companies and entrepreneurs, said Tim Harper, CEO of Cientifica Ltd.
Of the 10 nanocarrier technologies studied, liposomes and gold nanocarriers account for 45% of the total addressable market. Liposomes will offer the largest addressable market ($15 billion) in 2021 while gold nanocarriers will see the highest compound annual growth rate (CAGR)53.8%in the next decade.
It's the equivalent of using a nuclear bomb to eliminate just a handful of enemies, said Harper. In theory, as long as the nanocarrier is designed specifically enough, it should be possible to deliver all of the drug to the target site whilst leaving healthy cells unaffected. This greatly reduces treatment time, costs and unwanted side effects.
The healthcare market is changing. We are seeing a paradigm shift away from blockbusters and a one-size fits all' approach to a more personalised medicine based on an individual's unique genome and immune response. The more scientists learn about the molecular causes for disease the more targeted and effective nanotechnology-enabled drug delivery therapies will become, said Harper.
For more information visit http://www.researchandmarkets.com/research/e57396/nanotechnology_for
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Research and Markets: Nanotechnology for Drug Delivery - Nanocarriers Will Account For 40% of a $136 Billion ...
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