A recent report published by Infinium Global Research on gold nanoparticle market provides an in-depth analysis of segments and sub-segments in the global as well as regional gold nanoparticle market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional gold nanoparticle market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global gold nanoparticle market. According to the report, the global gold nanoparticle market is projected to grow at a CAGR of 15.5% over the forecast period of 2019-2025.
Gold nanoparticles are small gold particles with a diameter of 1 to 100 nm which, owing to their vast applications gold nanoparticle can be used in various sectors, in medical research, researchers coated the drug molecule to gold nanoparticles that attracted to the specific diseased regions of the body, such as cancer tumors. This approach enables to use of gold nanoparticle in targeted drug delivery. Gold nanoparticle also proved to be effective in imaging and sensors sector.
Rising research and development activities in the medical sector are one of the major factor contributing to the growth of the market. With the advancement in technology, the gold nanoparticle can be used in targeted drug therapy which is useful in the treatment of cancer. Gold nanoparticles generate heat when excited by light of a wavelength of 700 to 800 nm. Thus nanoparticles in tumor cells when heated by excitation of light, it eradicates tumor this phenomenon is called hyperthermia therapy. Moreover, useful applications of gold nanoparticle in imaging technologies, sensors, probes and diagnostic has also boosted the demand of the gold nanoparticle market. On the other hand, stringent government regulation for the nanomaterials and their use can hamper the growth of the market. However, increasing research activities for the improvement in the efficiency of the gold nanoparticles can provide better opportunities to the market.
Geographically, the gold nanoparticles market is segmented into North America, Europe, Asia-pacific, and RoW. North America dominates the market and anticipated to stay on top during the forecast period. The well-established healthcare sector, increasing funding for research for the development of advanced nanotechnologies are some factors supporting the growth of gold nanoparticles market in this region. Europe holds the second position in the gold nanoparticles market owing to the Presence of well-developed industries and stable economic conditions supporting the growth of research-based products. The Asia Pacific is expected to hold the market in forecast period developing industrialization, presence of major electronic industries will boost the growth of the market in the near future.
The report on global gold nanoparticle market covers segments such as application, and end user. On the basis of application, the sub-markets include imaging, targeted drug delivery, proton therapy, in-vitro assays, sensors, probes, and other applications. On the basis of end user, the sub-markets include healthcare, electronics, chemicals, and other end users.
The report provides profiles of the companies in the market such as Innova Biosciences, BBI solutions, TANAKA, Nanopartz Inc., Nanocomposix Inc., Johnson Matthey Plc., Meliorum Technologies, Inc., Sigma Aldrich, Cline Scientific, Cytodiagnostics, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of gold nanoparticle market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.