Nanomedicine Market: An Overview of Growth Factors and Future Prospects

Nanomedicine.jpg

Nanomedicine is essentially based on the medical application of nanotechnology in diagnosing, treating and/or prevention of diseases and infections. Nanotechnology-based drugs and treatments are applied for treating cardiovascular, neurological, and oncology diseases.
Nanomedicine is based on the utilization of knowledge pertaining to various nanoparticles, their medical usages, and their actions within the human body.

There still exists considerable scope for research in this domain, and scientists are currently engaged in further studying the treatment-worthiness of a number of nanoparticles such as fullerenes, dendrimers, drug conjugates, and nano crystals.

It is important to note that this area of medicine is still in its nascent stage mainly because it is a niche research area and it receives comparatively less research funding.

Future prospects of the nanomedicine market

A research report by Transparency Market Research, a U.S.-based market research company, projects that the nanomedicine market will be largely driven by partnerships between global research firms and leading industry institutes. These collaborations will play a crucial part in attracting more investments. The report states that the global market for nanomedicine is projected to witness a compounded annual growth rate (CAGR) of 12.3% between 2013 and 2019.

Oncology – a significant segment within the nanomedicine market

According to the market research report by Transparency Market Research, oncology was the largest application segment within the nanomedicine market with a total share of 38%. This is attributed to the large scale focus on developing drugs and treatments for cancer, and the fact that approved nanomedicine drugs also exist in the market.

However, cardiovascular applications of nanomedicine are regarded as being the fastest-growing segment within the nanomedicine market. A large number of people being affected by cardiovascular problems worldwide, and the availability of various devices catering to the needs of this patient segment are growth influencers in this market.

In addition, there has been a perceptible increase in support from various governments in bolstering research as well as product approvals within the nanomedicine segment; with this support likely to continue, the market for nanomedicine will continue to grow.

The need for research, investment and collaboration in the nanomedicine market

In the coming years, it is expected that further collaborations between academic institutes as well as research firms will provided a much-needed boost to the role of nanomedicine in chronic disease treatment.

Research and breakthroughs could lead to the emergence of new treatments and technologies, with more bioavailability.

Other factors such as a growing demand and acceptance of targeted drug delivery (especially where neurological disorders are concerned) has created a larger market for nanomedicine.
On the other hand, the prevalence of cardiovascular diseases is on the rise, and this trend asks for the introduction of drugs that possess higher efficiency and better therapeutic properties. This is yet another need that will propel demand for nanomedicine products.

Nanomedicine has already met with some success in oncology, and researchers and market players alike are buoyed by this success. Having realized the efficacy of nanomedicine in oncology, it is likely that the interest shown by market players to commercialize products in this segment will only rise.

It is projected that cardiovascular treatments are likely to emerge as the fastest growing market within the nanomedicine market between 2013 and 2019.

Increased collaboration between academic and research institutes will prove favorable for the nanomedicine market. A noteworthy example of this would be the collaboration between Elan Corporation Plc and Abbott Laboratories for the development of the Tricor drug. This collaboration was key to helping both players lower cost associated with research and development.

Looking forward, market analysts expect that breakthroughs in nanomedicine will be crucial to the development of treatments and products for diseases such as diabetes, cancer, neurological disorders, and cardiovascular diseases.

Topic : Global Information
Genre : News

Contact Lens Market (Gas Permeable Contact Lens and Soft Contact Lens) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

According to a new market report published by Transparency Market Research "Contact Lens Market (Gas Permeable Contact Lens and Soft Contact Lens) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global endocrine testing market was valued at USD 6.81billion in 2012 and is estimated to reach a market worth USD13.47 billion in 2019 at a CAGR of 10.3% from 2013 to 2019.

Browse Contact Lens Market Report with Full TOC at http://www.transparencymarketresearch.com/contact-lens-market.html

Contact lens refers to a thin, curved lens or small prescription lens worn over the cornea covering the surface of the eye. These lenses are used for refractive error correction without affecting ocular health. Also, these lenses are used for cosmetic and novelty purpose. For instance, a colored contact lens renders change or enhances the hue of the eye. Also, costume lenses assist in creating some special effects similar to that of the big screen. Contact lenses are available in varied forms designed to meet different purposes and needs. Different shapes of lenses are used to correct different vision problems such as spherical lenses that are small all-around aid in correcting farsightedness and nearsightedness. Meanwhile, toric lenses that are heavy at the bottom are used to correct astigmatism. As per the research study published by Contact Lens Spectrum, around 125 million people wore contact lens globally and generated significant sales revenue worldwide.

contact-lens-market.png


With the evolution of different types of contact lenses, a large number of options are now available for the existing as well as new contact lens users. The soft contact lens provides several advantages over the conventional rigid gas permeable contact lens. These lenses are easy to adjust and are made up of soft and flexible plastics that allow oxygen to pass through the cornea. Soft contact lenses also render high comfort as compared to rigid gas permeable contact lenses. Owing to these factors, soft contact lenses are estimated to record highest growth rate during the forecast period. On the other hand rigid gas permeable lenses are durable, resistant to deposit buildup and are easy to handle. However, the demand for the same is declining due to increasing preference for various kinds of soft contact lenses such as daily disposable, extended wear and weekly replacement contact lenses. Daily disposable and extended wear soft contact lenses markets represent two of the largest markets of 2012. Manufacturers are now shifting their focus towards introduction of high comfort soft contact lenses instead of hard contact lenses. For Instance, Cooper Vision launched MyDay daily disposable contact lenses that render high oxygen permeability and help in improving the lens surface wettability.

The usage of various designs differs from the type of vision correction. Spherical, toric and multifocal contact lenses differ in their shapes and uses. These lenses are used for refractive error correction (myopia, hyperopia and astigmatism). As per the data published in International Agency for the Prevention of Blindness (IAPB), in 2010 it was estimated that around 123 million people suffered from significant vision impairment due to improper adoption of vision correction solutions. This has led to a rise in global economic cost due to lost productivity accounting for approximately USD 202 billion. These factors coupled with increasing adoption for cosmetic and aesthetic purposes are expected to influence the growth of the contact lens market. However, improper usage of the contact lens can lead to severe eye infections such as dry eyes and blindness, which are potential side effects of the contact lenses thatmay hamper the adoption of contact lenses.

Contact lenses render wide range of uses major being cosmetic, therapeutic, prosthetic, corrective lens and others. In addition, electroretinography lens and soft bandage contact lens are used in specialist centers and to promote epithelial healing processes respectively. Also, painted contact lenses, a type of cosmetic contact lens are sold commercially to change pupil shape or iris color and manufactured to correct refractive errors concurrently. Cosmetic, therapeutic accounted for the fastest growing segments. While, corrective contact lenses currently account for the largest market share owing to high preference and comfort levels. On the contrary high maintenance costs coupled with increased risk of vision problems due to the deposition of lipids or proteins and negligence of lens care might restrain the growth of the market.

At the regional level, North America and Europe were the largest markets in 2012 accounting for above 70% of the global contact lens market. This growth was attributed towards increasing patient population suffering fromophthalmic disorders (myopia, diabetic retinopathy and astigmatism).Asia-Pacific and Rest of the World (Row) regions are estimated to grow rapidly during the forecast period, owing to large population base, huge untapped potential, rise in disposable incomes and increased healthcare awareness. In addition substantial investments being made by the major market players in these regions will further boost the growth and uptake of contact lenses in these regions.

Global contact lens market is characterized by the presence of well-established as well as emerging players. The major companies competing in this market are Johnson & Johnson (ACUVUE brands), CIBA Vision (CIBA Vision Focus Dailies, CIBA Vision Freshlook), Essilor International (ContinuVu Concentric Design, Scone Standard) Cooper Vision (Biofinity Brands, Avira Brands) and others.

The Global Contact Lensmarket is segmented as follows:

Contact Lens Market, by Design

Contact Lens Market, by Characteristics

Spherical Contact Lens
Toric Contact Lens
Gas-Permeable Contact Lens
Soft Contact Lens
Daily Disposable
Weekly Replacement
Monthly Replacement
Extended Wear
Annual Replacement
Unplanned Replacement Schedule

Contact Lens Market, by Design

Spherical Contact Lens
Toric Contact Lens
Multifocal Contact Lens
Orthokeratology Contact Lens

Contact Lens Market, by Usage
Corrective Contact Lens
Therapeutic Contact Lens
Post-Operative Therapeutic Contact Lens
Cosmetic Contact Lens
Enhancement Tints
Opaque and Special Effect Contact Lens
Prosthetic Contact Lens
Computer Lens
D-Segment Contact Lens
Sports Lens
Custom-made Contact Lens

Contact Lens Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World (RoW)

Browse all Medical Devices Market Research Reports Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Topic : Global Information
Genre : News

Transparency Market Research Global Biopreservation Market Expected to Reach USD 5.74 Billion Globally in 2019


Transparency Market Research Global Biopreservation Market Expected to Reach USD 5.74 Billion Globally in 2019

Minimally Invasive Vertebral Compression Fracture Repair Market Expected to Reach USD 2.82 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research "Minimally Invasive Vertebral Compression Fracture Repair Market (Vertebroplasty and Kyphoplasty Devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global minimally invasive vertebral compression fracture repair market was valued at USD 1.58 billion in 2012 and is expected to grow at a CAGR of 8.7%from 2013 to 2019, to reach an estimated value of USD 2.82 billion in 2019.

Browse Minimally Invasive Vertebral Compression Fracture Repair Market Report with Full TOC at http://www.transparencymarketresearch.com/vertebral-compression-fracture-repair.html

Minimally invasive vertebral compression fracture (VCF) repair is one of the fastest growing segments in the overall spinal surgeries market. Factors such as growth in incidence of vertebral compression fractures, high prevalence of osteoporosis, aging of population worldwide and inability of medicinal therapy to cure vertebral compression fracture to the optimum level will have an impact on the growth of the minimally invasive vertebral compression fracture repair industry.

Minimally Invasive Vertebral Compression Fracture Repair


The global minimally invasive vertebral compression fracture repair market is segmented on the basis of types of procedural technology and geography. Based on technology, the minimally invasive VCF repair market is classified into vertebroplasty and kyphoplasty devices. It is expected that the global market for kyphoplasty will reach USD 1.47 billion in 2019 growing at a CAGR of 11.7% from 2013 to 2019.

The United States currently leads the minimally invasive VCF repair market, owing to the early bird advantage rendered by the first launch of innovative products in the country. Growth drivers in the North American minimally invasive VCF repair market include existence of well-defined reimbursement policies, supportive economic base particularly in terms of medical reimbursement, high awareness about VCF conditions and the treatments available. However, countries such as China, Japan, Korea, Australia and India are observed to be potentially emerging markets with higher aging population, development of healthcare infrastructure, high prevalence of osteoporosis and rise in general awareness about healthcare. Countries such as Brazil, Mexico and Argentina are some of the lucrative markets in the Rest of the World.

The global minimally invasive VCF repair market is highly consolidated in nature with companies like Medtronic, Inc. dominating the market with more than 80% of the market share. Some of the other key market players operating in this market include Alphatec Spine, Inc., CareFusion Corporation, Cook Medical, Inc., DFine, Inc., Zimmer Holdings, Globus Medical, Inc. and DePuySynthes, Inc.

Related & Recently Published Reports by Transparency Market Research

Contact Lens Market: http://www.transparencymarketresearch.com/contact-lens-market.html

Contact lens are medical devices that offer convenience, confidence and self-esteem to the people who need vision correction. Factors such as rising ophthalmic disorders, vision problem and changing lifestyle accentuates the uptake of contact lens market during the forecast period. In addition, therapeutic, aesthetic and cosmetic are the major reasons driving the growth of contact lens market globally. The contact lens market is further segmented as by characteristics (gas-permeable and soft contact lens), by design (spherical, toric, soft, multifocal, cosmetic and orthokeratology contact lens) and by usage (corrective, therapeutic, post-operative, cosmetic, enhancement, opaque and special effect, prosthetic, computer, D-segment, sports and custom-made). The report includes market estimations of the global contact lens market in terms of value (USD million) for the period 2013 – 2019, considering 2012 as the base year. In addition, current market trends and recent developments are taken into consideration while determining the growth rate of the global contact lens market. The report provides market size and forecasts for each segment and geographic region with CAGR % for the period from 2013 to 2019.

The market is also forecasted in terms of value (USD million) for the period 2013 – 2019 for four major geographic regions, namely North America, Europe, Asia-Pacific and Rest of the World (RoW). A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the contact lens market and future opportunities are provided in the report. A PESTLE analysis has also been done while estimating individual geographies in order to provide current as well as future status. A list of recommendations for existing as well as new entrants has been discussed in the study which would help in decision making.



The global minimally invasive VCF repair market is segmented as follows:

Minimally Invasive Vertebral Compression Fracture Repair Market, by Technology

Vertebroplasty
Kyphoplasty

Minimally Invasive Vertebral Compression Fracture Repair Market, by Geography

North America
Europe
Asia-Pacific
Rest of the World

Browse all Medical Devices Market Research Reports Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

Read more

Topic : Global Information
Genre : News

Anti-aging Market (Anti-wrinkle products, Hair Color, Hair restoration treatment, Breast augmentation and Radio frequency devices) -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

According to a new market report published by Transparency Market Research "Anti-agingMarket (Anti-wrinkle products, Hair Color, Hair restoration treatment, Breast augmentation and Radio frequency devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" the global Anti-aging market was valued at USD 122.3 billion in 2013and is expected to grow at a CAGR of 7.8% from 2013 to 2019, to reach an estimated value of USD 191.7billion in 2019.

Browse the full report with TOC at http://www.transparencymarketresearch.com/anti-aging-market.html

Aging is defined as cycles of biochemical activities in the body caused by factors which affect body over a period of time internally as well as externally and leads to degeneration of body affecting beauty, health and fitness of an individual. Anti-aging market has evolved over centuries and modern technology has contributed with widening its reach in products, services and devices. Anti-aging products provide a market which has high adoption as it is comparatively affordable and available than services and devices. Services market has been divided into the cosmetic surgeries and non-invasive treatments which involve certified medical practitioners, plastic surgeons and skilled beauticians. Services market for Anti-aging is expected to grow at CAGR of over 5% from 2013 to 2019.

global-anti-aging-market-by-segments-2012.png


Baby boomers (born 1946 -1964) a generation which was born in an era of inventions and revolutions are considered to be the most successful generation of 20th Century. Baby boomers are most potential drivers of anti-aging market as they are aging and getting more aware about the available anti-aging products, services and devices. In 2012, the first of the baby boomer generation reached near retirement age and it is estimated that for the next 18 years baby boomers will turn 65 at a rate of 8,000 individual per day. Anti-aging products market is considered to be the largest market in terms of revenue and it shows opportunity for new products which are safe and highly efficient. Anti-aging market is still evolving and contended with skepticism and incompatible clinical results related with the actual health and appearance benefits of many widely marketed products and services. The technological development and stringent regulations have helped this market to regain trust and belief of customers.

Asia-Pacific and Rest of the World (RoW) are expected to be the next potential destinations for anti-aging market. China, South Korea, Japan and India are observed to be the most attractive destinations for cosmetic surgeries and governments of these countries and are promoting medical tourism for cosmetic surgeries which is believed to be one of the market drivers of these countries' anti-aging market. Brazil and Mexico are the major countries from RoW which are leading the anti-aging market. The developing economy of these regions and awareness about aging signs in men and women has made these regions as future attractive markets for anti-aging.

The global Anti-aging market is segmented as follows:

Anti-aging Market, by Age demographics
Baby boomers
Generation X
Generation Y

Anti-aging Market, by Products

UV absorbers
Anti-Wrinkle Products
Dermal Fillers
Botox

Anti-Stretch Mark Products
Hair Color

Anti-aging Market, by Services

Anti-Pigmentation Therapy
Anti-adult Acne Therapy
Breast Augmentation
Liposuction
Abdominoblasty
Breast Reduction
Chemical Peel
Eye Lid Surgery
Hair Restoration Treatment
Sclerotherapy

Anti-aging Market, by Devices

Anti-Cellulite Treatment Devices
Microdermabrasion Devices
Laser Aesthetics Devices
Anti-aging Radio Frequency Devices

Anti-aging Market, by Geography

North America
Europe
Asia-Pacific
Rest of the World (RoW)

Browse all Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html

Read more

Topic : Global Information
Genre : News

Profile

marketsize

Author:marketsize
I am Research Analyst And Business Development Manager At Transparency Market Research

Visit http://www.transparencymarketresearch.com/

Latest journals
Monthly archive
Category
Search form
Link
Friend request form

Want to be friends with this user.

QR code
QR