A new research study by Transparency Market Research presents a comprehensive and unbiased overview of the global market for nanocapsules. The report, titled “Nanocapsules Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” is available for sale on the company’s website.
According to the market study, the increased investment in the nanotechnology sector has boosted the global nanocapsules market to a great extent.
Apart from this, the rising application of nanocapsules in the fields of pharmaceuticals, biomedicals, electronics, molecular and diagnostics, agrochemicals, genetic engineering, environment and wastewater treatments, cosmetic procedures, and consumer goods is also stimulating this market significantly in the global arena.
In addition to this, the novel innovations and discoveries in the field of nanotechnology are likely to drive the growth of the global nanocapsules market during the forecast period. The rising awareness regarding genetic disorders and the increasing incidence of cancer and tuberculosis are also projected to stimulate this market in the coming years, notes the study.
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The report also analyzes the worldwide nanocapsules market on the basis of its regional spread. North America, Asia Pacific, Europe, and the Rest of the World are the main regional markets for nanocapsules across the world. The North America nanocapsules market is projected to witness significant growth over the forecast period. The investment of approximately US$3.7 bn by the U.S. National Nanotechnology Initiative (NNI) to increase the research and development activities in the field of nanocapsules is the key factor driving the growth of this regional market.
The nanocapsules market in Europe is also expected to experience a substantial rise during the forecast period, owing to the European Union’s investment of around US$1.2 bn in the field of nanotechnology till 2012.
By the same time, Japan also had invested approximately US$750 mn in the nanotechnology industry, stimulating the nanocapsules market in Asia Pacific. Additionally, the increasing pool of patients suffering from cancer and tuberculosis is projected to drive the nanocapsules market over the forecast period.
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Moreover, the steady demand for technically advanced medical procedures from the healthcare industry in developed as well as developing economies is also expected to boost the global market for nanocapsules in the coming years, says the market report.
Mersana Therapeutics Inc., Makefield Therapeutics Inc., Genetic Immunity Inc., Biophan Technologies Inc., Artificial Cell Technologies Inc., Abraxis, BioDelivery Sciences International Inc., Cornerstone Pharmaceuticals Inc., Keystone Nano Inc., and Nanospectra Biosciences Inc. are some of the key players operating in the global nanocapsules market, states the research study.