This report describes and evaluates the global nanomedicine market. It covers three five-year periods, including 2015-2020, termed the historic period, 2020-2025 forecast period and 2025-2030 a further forecast period.
LONDON, Nov. 04, 2021 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the nanomedicine market, 4D nanomedicine is a key trend gaining popularity in the nanomedicine market. 4D nanomedicine is used in medical procedures for safer treatment with nanoparticles. 4D nanomedicine is made with biodegradable and biocompatible nanoalloys that do not accumulate in the body, thus limiting the side effects. 4D nanomedicine is accepted as a fundamental development in the treatment and diagnosis of cancer. For instance, in 2020, a research team from The Department of Chemical Sciences, University of Padua investigated and confirmed the effectiveness of inorganic 4D nanoparticles in the biomedical field. 4D nanomedicine offers several advantages to the biomedical field including reduced side effects in a living organism, minimal environmental impact, improved quality of care, and spontaneous effect.
North America was the largest region in the nanomedicine market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nanomedicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of nanomedicine are nanoparticles, nanoshells, nanotubes, nanodevices, and others. Nanoparticles are a type of ultrafine particles usually between 1 and 100 nanometers in diameter used in making medicine and drugs. The different forms of modality include diagnostics, treatments, and are used in clinical oncology, infectious diseases, clinical cardiology, orthopedics, others.
The Business Research Company’s report titled Nanomedicine Global Market Report 2021 – By Type (Nanoparticles, Nanoshells, Nanotubes, Nanodevices), By Modality (Diagnostics, Treatments), By Application (Clinical Oncology, Infectious Diseases, Clinical Cardiology, Orthopaedics), COVID-19 Growth And Change covers major nanomedicine companies, nanomedicine market share by company, nanomedicine manufacturers, nanomedicine market size, and nanomedicine market forecasts. The report also covers the global nanomedicine market and its segments.
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The global nanomedicine market is expected to grow from $190.83 billion in 2020 to $221.12 billion in 2021 at a compound annual growth rate (CAGR) of 15.9%. The change in growth trend of the nanomedicine market …….