The global Nanoemulsion market is projected to grow at a significant CAGR during the forecast period. The upgradations in the techniques for the delivery of the drug led to the advent of nanoemulsion. It is an Isotropic mixture of oil, surfactant, water, and drug. Nanoemulsion in the field of drug delivery system improves the therapeutic and pharmacological action of a drug as well as eliminates the adverse effect or toxic reactions of drugs. The key application of nanoemulsion include the treatment of the reticuloendothelial system, enzyme replacement therapy in the liver, tyrosine kinase inhibitor, epidermal growth factor inhibitor in lungs; treatment of various cancers such as brain, lungs, colon, ovarian, breast, blood cancer and their vaccination.
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The key factors that drive the growth of the market include the enhancements in the pharmaceutical and biotechnology industry, rising cases of chronic diseases, rising awareness among the peoples for the treatments of chronic disease, growing demand for more target-specific drug delivery systems, and supportive policies of governments. Further, the various benefits offered by nanoemulsion such as improved water solubility of poorly water-soluble drugs, ability to make plasma concentration of drug profiles, more reproducible bioavailability of drugs, various routes of administration of the drug, effective drug transport system, and others are also fueling the market growth. However, lack of awareness might act as a challenging factor of the global nanoemulsion market during the forecast period.
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Global Nanoemulsion Market Segmentation
By Drug Class
- Steroids
- Anesthetics
- Antibiotics
- Nonsteroidal Anti-inflammatory drugs (NSAIDs)
- Immunosuppressant
- Others (Antimicrobials)
By Route of Administration
- Oral
- Parenteral
- Others (Nasal)
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