SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Nanotechnology (Nanomedicine) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 8862
Companies: 231 - Players covered include Abbott Laboratories; Celgene Corporation; CombiMatrix Corporation; GE Healthcare; Johnson & Johnson; Leadiant Biosciences, Inc.; Mallinckrodt PLC; Merck & Co., Inc.; NanoSphere Health Sciences, Inc.; Pfizer, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Anticancer, CNS Product, Anti-infective, Other Applications); Product Segment (Therapeutics, Regenerative medicine, In-vitro diagnostics, In-vivo diagnostics, Vaccines)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Healthcare Nanotechnology (Nanomedicine) Market to Reach $418.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Healthcare Nanotechnology (Nanomedicine) estimated at US$183.9 Billion in the year 2020, is projected to reach a revised size of US$418.6 Billion by 2026, growing at a CAGR of 14.5% over the analysis period. Therapeutics, one of the segments analyzed in the report, is projected to record a 14.1% CAGR and reach US$369.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Regenerative medicine segment is readjusted to a revised 15.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $63.5 Billion in 2021, While China is Forecast to Reach $73.5 Billion by 2026
The Healthcare Nanotechnology (Nanomedicine) market in the U.S. is estimated at US$63.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$73.5 Billion by the year 2026 trailing a CAGR of 14% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 12.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.
In-vitro diagnostics Segment to Reach US$17.8 Billion by the year 2026
In the global In-vitro diagnostics segment, USA, Canada, Japan, China and Europe will drive the 16.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.7 Billion in the year 2020 will reach a projected size of US$16.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.