Nanotechnology in Medical Applications: The Global Market

HARTFORD, Conn., Jan. 20, 2012 /PRNewswire-iReach/ -- Global Information Inc. (GII) is pleased to announce a new market research report "Nanotechnology in Medical Applications: The Global Market" by BCC Research.

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The global nanomedicine market reached $63.8 billion in 2010 and $72.8 billion in 2011. The market is expected to grow to $130.9 billion by 2016 at a compound annual growth rate (CAGR) of 12.5% between years 2011 and 2016.

Nanomedicine is already an established market. Unlike some other potential applications of nanotechnology, which are still largely experimental, nanomedicine has already produced a number of significant products in which the nano dimension has made a significant contribution to product effectiveness

This report discusses the implications of technology and commercial trends in the context of the current size and growth of the pharmaceutical market, both in global terms and analyzed by the most important national markets. The important technologies supporting nanomedicine are reviewed, and the nature and structure of the nanomedicine industry is discussed with profiles of the leading 60+ companies, including recent M&A activity. Five-year sales forecasts are provided for the national markets and the major therapeutic categories of products involved.

Key findings:

• The central nervous system (CNS) products market reached $11.7 billion in 2010 and $14.0 billion in 2011. It is expected to grow to $29.5 billion by 2016, a CAGR of 16.1% between years 2011 and 2016.
• The anticancer products market reached $25.2 billion in 2010 and $28.0 billion in 2011. It is expected to reach $46.7 billion by 2016, a CAGR of 10.8% between years 2011 and 2016.

Market figures are based on revenues at the manufacturer level and are projected at 2011-dollar value without attempting to predict the effect of inflation/deflation.

Therapeutic categories quantified and forecast include cancer, CNS diseases, infections and cardiovascular. Country markets analyzed are the U.S., Japan, Germany, France, UK, Italy, and Spain.

INFORMATION SOURCES
Sources of information included marketing strategists, industry executives, government agencies and regulatory bodies, and surveys of physicians and pharmacists. Company annual reports and SEC filings, journal articles, and data from healthcare institutions were also mined, as well as publications of relevant trade associations.

For further details on this report, visit: http://www.giiresearch.com/report/bc229027-nanotechnology-medical-applications-global-market.html

Browse Nanotechnology market research reports: http://www.giiresearch.com/topics/MR10_en.shtml

About Global Information Inc.
Global Information Inc. (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of providing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.

Media Contact:
Jeremy Palaia Global Information, Inc., 860-674-8796, [email protected]

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SOURCE Global Information Inc.