Nano Biotechnology Market Trends and Forecast
The future of the global nano biotechnology market looks promising with opportunities in the pharmaceutical, medical device, and medical research markets. The global nano biotechnology market is expected to reach an estimated $10.0 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are increasing demand for personalized medicine and targeted drug delivery, growing applications in agriculture for crop improvement and pest management, and rising investments in research for innovative nano-based diagnostic tools and therapies.
• Lucintel forecasts that 0-10 nm is expected to witness higher growth over the forecast period.
• Within this market, pharmaceutical is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Nano Biotechnology Market
• United States: In the United States, companies like Thermo Fisher Scientific and Nanospectra Biosciences Inc. are leading developments in nano biotechnology. Thermo Fisher Scientific continues to innovate in nanoparticle-based assays and imaging technologies, focusing on applications in personalized medicine and drug development. Nanospectra Biosciences Inc. has commercialized AuroLase® Therapy, utilizing gold nanoparticles for cancer treatment, demonstrating significant advancements in nanomedicine. The U.S. government supports these initiatives through funding from agencies like the National Institutes of Health (NIH) and initiatives promoting biomedical research and innovation.
• India: In India, companies such as Biocon and Reliance Life Sciences are advancing in nano biotechnology initiatives. Biocon targets biopharmaceuticals and bio-agriculture using nanotechnology, aiming to enhance drug delivery systems and agricultural productivity. Reliance Life Sciences focuses on developing nano-enabled diagnostics and therapeutics, leveraging nanotechnology for precision medicine applications. The Indian government supports these efforts through initiatives like the Department of Biotechnology (DBT) and National Nanotechnology Mission (NNM), promoting research and development in nano biotechnology for healthcare and agriculture sectors.
• China: ChinaÄX%$%Xs nano biotechnology market is growing with companies like Fudan-Zhangjiang Bio-Pharmaceutical Co., Ltd. and Beijing Genomics Institute (BGI) leading developments. Fudan-Zhangjiang Bio-Pharmaceutical Co., Ltd. explores nanomedicine for cancer therapy and infectious disease treatments, integrating nanotechnology into pharmaceutical products. BGI focuses on genomics and bioinformatics using nanoscale technologies, advancing precision medicine and genetic research capabilities. The Chinese government supports these initiatives through funding from agencies like the National Natural Science Foundation of China (NSFC), fostering innovation in biotechnology and healthcare sectors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nano Biotechnology Market by Segment
The study includes a forecast for the global nano biotechnology market by type, application, and region.
Nano Biotechnology Market by Type [Value from 2018 to 2030]:
• 0-10 nm
• 10-100 nm
Nano Biotechnology Market by Application [Value from 2018 to 2030]:
• Pharmaceutical
• Medical Device
• Medical Research
• Others
Nano Biotechnology Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Nano Biotechnology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nano biotechnology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nano biotechnology companies profiled in this report include-
• Aduro BioTech
• Calando Pharmaceuticals
• Biosante Phosphate Pharmaceuticals
• Celgene
• Elan Pharmaceuticals
• Flamel Technologies
• Nanophase Technologies
Recent Development in the Nano Biotechnology Market
• Thermo Fisher Scientific: Thermo Fisher Scientific has been at the forefront of developing advanced nano biotechnology tools for biomedical research and diagnostics. Their initiative includes innovations in nanoparticle-based assays and imaging techniques, enhancing sensitivity and specificity in detecting biomarkers and pathogens. Thermo Fisher ScientificÄX%$%Xs nano biotechnology solutions support personalized medicine and drug development, catering to the healthcare industryÄX%$%Xs demand for precise diagnostic tools.
• Nanospectra Biosciences Inc.: Nanospectra Biosciences Inc. has focused on commercializing nanoparticle-based therapeutics for cancer treatment. Their initiative involves leveraging nanotechnology to develop AuroLase® Therapy, a novel approach using gold nanoparticles to selectively target and destroy cancer cells with laser-induced heating. Nanospectra Biosciences Inc. aims to improve treatment outcomes and reduce side effects in oncology patients, advancing the field of nanomedicine.
• Nanobiotix: Nanobiotix specializes in the clinical development of NanoXray therapeutics for cancer treatment. Their initiative focuses on using hafnium oxide nanoparticles to enhance radiotherapy outcomes by increasing tumor cell sensitivity to radiation. NanobiotixÄX%$%Xs NanoXray technology aims to improve local tumor control and patient survival rates, demonstrating potential benefits in precision oncology and therapeutic efficacy.
• Bruker Corporation: Bruker Corporation has innovated in nano biotechnology imaging solutions, particularly in atomic force microscopy (AFM) and scanning probe microscopy (SPM). Their initiative includes developing high-resolution AFM systems capable of imaging biomolecular structures and interactions at nanoscale resolutions. Bruker CorporationÄX%$%Xs nano biotechnology imaging tools support fundamental research in molecular biology, biophysics, and materials science, facilitating breakthroughs in understanding cellular processes and disease mechanisms.
Features of the Global Nano Biotechnology Market
Market Size Estimates: Nano biotechnology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nano biotechnology market size by type, application, and region in terms of value ($B).
Regional Analysis: Nano biotechnology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the nano biotechnology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nano biotechnology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the nano biotechnology market size?
Answer: The global nano biotechnology market is expected to reach an estimated $10.0 billion by 2030.
Q2. What is the growth forecast for nano biotechnology market?
Answer: The global nano biotechnology market is expected to grow with a CAGR of 9.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the nano biotechnology market?
Answer: The major drivers for this market are increasing demand for personalized medicine and targeted drug delivery, growing applications in agriculture for crop improvement and pest management, and rising investments in research for innovative nano-based diagnostic tools and therapies.
Q4. What are the major segments for nano biotechnology market?
Answer: The future of the nano biotechnology market looks promising with opportunities in the pharmaceutical, medical device, and medical research markets.
Q5. Who are the key nano biotechnology market companies?
Answer: Some of the key nano biotechnology companies are as follows:
• Aduro BioTech
• Calando Pharmaceuticals
• Biosante Phosphate Pharmaceuticals
• Celgene
• Elan Pharmaceuticals
• Flamel Technologies
• Nanophase Technologies
Q6. Which nano biotechnology market segment will be the largest in future?
Answer: Lucintel forecasts that 0-10 nm is expected to witness higher growth over the forecast period.
Q7. In nano biotechnology market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nano biotechnology market by type (0-10 nm and 10-100 nm), application (pharmaceutical, medical device, medical research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Nano Biotechnology Market Market, Nano Biotechnology Market Market Size, Nano Biotechnology Market Market Growth, Nano Biotechnology Market Market Analysis, Nano Biotechnology Market Market Report, Nano Biotechnology Market Market Share, Nano Biotechnology Market Market Trends, Nano Biotechnology Market Market Forecast, Nano Biotechnology Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.