The global nano pharmaceutical market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Nano pharmaceuticals are an emerging new field in which the size of the possible medicine or drug in a therapeutic way is kept at a nanoscale. Nano pharmaceuticals are mainly derived from the use of nanotechnology in the medical sector. This includes manufacturing drugs keeping in mind nanoscience and also deriving results from the same. Many times in medical science, there are no medical alternatives available for a concrete drug regarding a disease. By the use of nanotechnology, this issue is resolved as it allows any drug to work on those areas where traditional therapeutics have not worked. This technique further reduces the possible side effects which are many times caused by some drugs. In recent times, the following are the ways through which nanostructures deliver drugs, such as passive and self-delivery. In passive delivery, the inner cavity of the structure incorporates drugs that are made through hydrophobic effect.
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The development of new novel drugs for better therapeutics is expected to drive the market during the forecast period. For instance, in Aug 2021, according to a study from Virginia Tech, scientists have discovered a novel treatment. Exosomes are biological capsules that are nano-sized. These are produced by cells to protect and pass delicate molecules in the body. These capsules can take enzymatic breakdown. They are hard enough and capable of holding temperature fluctuations in the gut. This makes them a prime alternate for drug delivery. The process of harvesting them is a complex one. Exosomes are found in abundant quantities in cow’s milk, however, it is difficult to take them. Rob Gourdie who is a director in the center for vascular and Heart research has developed a method in which exosomes can be harvested from unpasteurized cow milk. This method was published in Nanotheranostics. They can distill them into nanocapsules for drug delivery.
Some major players in the market are Novartis International AG, Sanofi S.A., and Pfizer Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in April 2020, Leon Nanodrugs GmbH has announced that it has completed a funding round. This capital will be used by the company to make advances in the field of nano solutions which would be useful for the pharmaceutical and biotechnology industry.
As per another agreement, Leon Nanodrugs GmbH and Evotec are working together in the field of nanomedicine for providing their clients with recent therapeutics. Investors in Leon Nanodrugs GmbH series B funding include TVM Life Science Innovation I.L.P., CD-Venture GmbH, Albany Private Equity Holdings Ltd. Leon Nanodrugs GmbH are an expert in active pharmaceutical ingredients to deliver benefits such as lower dose and faster onset. Further, recent developments are taking place in the nano pharmaceutical market. For instance, in June 2020, Tel Aviv University in Israel have developed a GPS-guided nanoparticle drug cure inflammation. This technique doesn’t touch the healthy immune cells in the body. Scientists are calling this innovation a game-changer in inflammation cure.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Field
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Novartis International AG, Sanofi S.A., and Pfizer Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Nano Pharmaceutical Market Report by Segment
By Field
- Theranostics
- Targeted Therapy and Drug Delivery
- Tissue Engineering
- Regenerative Medicine
By Application
- Medical
- Scientific Research
- Others
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