Market Dynamics | Drivers & Challenges
The key factors driving the global gold nanorods market growth is the rising demand from the medical industry for cancer treatment as these are used in the photothermal heating process in which absorbed light is converted into heat. Gold nanorods find their applications as optical materials in optical tomography, which is used in medical imaging research. The product is also used in the biomedical industry for detection, imaging, hyperthermia, drug delivery, gene delivery, and biocatalysts. Furthermore, increasing R&D activities on gold nanorods for their applications as anticancer drugs further create lucrative opportunities for market growth in the coming years. Therefore, due to the aforementioned factors, the product demand is expected to increase from the medical and healthcare sector, which will drive the market growth during the forecast period.
However, the key challenge to the global gold nanorods market growth is the fluctuations in the prices of gold. At times, when inflation remains high over a longer period, gold becomes a tool to hedge against inflationary conditions. This pushes gold prices higher in the inflationary period. Moreover, gold nanoparticles have an inert interface that is easy to be conjugated with functional moieties, such as chemotherapeutic drugs, which makes gold nanoparticles a multifunctional material in partial thromboplastin time (PTT) field. In particular, due to the finely tunable near-infrared (NIR)-absorption band, gold nanorods have been widely investigated and used as PTT agents and in the trigger-controlled release of chemical drugs. Thus, the continuous fluctuation in the price of gold is projected to hamper the growth of the market in focus in the forecast years.
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Company Profiles
The gold nanorods market is concentrated and the vendors are deploying growth strategies such as investment in R&D activities to compete in the market. The gold nanorods market report includes information on the product launches, sustainability, and prospects of leading vendors including American Elements, CD Bioparticles, Cytodiagnostics Inc., Merck KGaA, nanoComposix, NanoHybrids Inc., Nanopartz Inc., Sona Nanotech Inc., and Strem Chemicals Inc.
Competitive Analysis
The competitive scenario provided in the gold nanorods market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation Analysis
- By Application, the market is classified as medical, diagnostics, electronics, and others.
The gold nanorods market share growth by the medical segment will be significant for revenue generation. The growth is attributed to the non-toxic nature and ability of gold nanorods to scatter and absorb light, due to which they are used in the biomedical industry in imaging and cancer therapy.
- By Geography, the market is classified as North America, Europe, APAC, MEA, and South America.
North America will have the largest share of the market. 42% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for gold nanorods in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America. The significant increase in the demand for gold nanorods owing to major applications in sensing, medical & healthcare, and the electronics industry will facilitate the gold nanorods market growth in North America over the forecast period.
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Gold Nanorods Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.81% |
Market growth 2022-2026 |
USD 262.96 million |
Market structure |
Concentrated |
YoY growth (%) |
8.97 |
Regional analysis |
North America, Europe, APAC, MEA, and South America |
Performing market contribution |
North America at 42% |
Key consumer countries |
US, UK, Germany, China, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
American Elements, CD Bioparticles, Cytodiagnostics Inc., Merck KGaA, nanoComposix, NanoHybrids Inc., Nanopartz Inc., Sona Nanotech Inc., and Strem Chemicals Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1. Executive Summary
1.1 Market Overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2. Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market characteristics
3. Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product
5.3 Trousers - Market size and forecast 2021-2026
Exhibit 28: Chart on Trousers - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Trousers - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Trousers - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Trousers - Year-over-year growth 2021-2026 (%)
5.4 Sports and swimwear - Market size and forecast 2021-2026
Exhibit 32: Chart on Sports and swimwears - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Sports and swimwear - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Sports and swimwear - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Sports and swimwear - Year-over-year growth 2021-2026 (%)
5.5 Night dress - Market size and forecast 2021-2026
Exhibit 36: Chart on Night dress - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Night dress - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Night dress - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Night dress - Year-over-year growth 2021-2026 (%)
5.6 Socks - Market size and forecast 2021-2026
Exhibit 40: Chart on Socks - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Socks - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Socks - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Socks - Year-over-year growth 2021-2026 (%)
5.7 Others - Market size and forecast 2021-2026
Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Type
Exhibit 48: Market opportunity by Type ($ million)
6. Customer landscape
6.1 Customer landscape overview
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 China - Market size and forecast 2021-2026
Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
7.10 Germany - Market size and forecast 2021-2026
Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.11 Canada - Market size and forecast 2021-2026
Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)
7.12 UK - Market size and forecast 2021-2026
Exhibit 90: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 94: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rise in online spending on childrens apparel
8.1.2 Increased Internet and smartphone penetration
8.1.3 Growth in the e-commerce industry
8.2 Market challenges
8.2.1 Threat from counterfeit products
8.2.2 Falling birth rates
8.2.3 Stringent government regulations
8.3 Impact of drivers and challenges
Exhibit 95: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
8.4.1 Marketing tactics and social media presence
8.4.2 Product innovation by vendors
8.4.3 Demand for luxury childrens wear in developed economies
9. Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
9.3 Landscape disruption
Exhibit 97: Overview on factors of disruption
9.4 Industry risks
Exhibit 98: Impact of key risks on business
10. Vendor Analysis
10.1 Vendors covered
Exhibit 99: Vendors covered
10.2 Market positioning of vendors
Exhibit 100: Matrix on vendor position and classification
10.3 Alibaba Group Holding Ltd.
Exhibit 101: Alibaba Group Holding Ltd. - Overview
Exhibit 102: Alibaba Group Holding Ltd. - Business segments
Exhibit 103: Alibaba Group Holding Ltd. - Key offerings
Exhibit 104: Alibaba Group Holding Ltd. - Segment focus
10.4 Amazon.com Inc.
Exhibit 105: Amazon.com Inc. - Overview
Exhibit 106: Amazon.com Inc. - Business segments
Exhibit 107: Amazon.com Inc. - Key news
Exhibit 108: Amazon.com Inc. - Key offerings
Exhibit 109: Amazon.com Inc. - Segment focus
10.5 Balabala
Exhibit 110: Balabala - Overview
Exhibit 111: Balabala - Product / Service
Exhibit 112: Balabala - Key offerings
10.6 Benetton Group Srl
Exhibit 113: Benetton Group Srl - Overview
Exhibit 114: Benetton Group Srl - Product / Service
Exhibit 115: Benetton Group Srl - Key offerings
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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