PR Newswire
LONDON, Aug. 31, 2023
In order to enhance the bioavailability of poorly water-soluble drugs and achieve their targeted delivery, drug developers are inclined towards the utilization of nanoparticle formulation technologies and outsourcing nanoparticle formulation operations to service providers
LONDON, Aug. 31, 2023 /PRNewswire/ -- Roots Analysis has announced the addition of "Nanoparticle Formulation Market (Technologies and Services, 2023-2035" report to its list of offerings.
The advancements in nanotechnology have paved the way for adoption of nanoparticles as a novel mode of drug delivery for therapeutics and vaccines. Moreover, nanoparticles have emerged as a versatile tool for biomedical imaging. However, the formulation of these complex structures is associated with various challenges, such as requirement of extensive technical expertise, high capital investment and stringent regulatory policies for their development. As a result, outsourcing has become a preferred business model in this domain, allowing drug developers and researchers to leverage a broader range of advanced nanoparticle formulation technologies and cost-effective solutions.
To order this 240+ page report, which features 105+ figures and 120+ tables, please visit
https://www.rootsanalysis.com/reports/nanoparticle-formulation-market.html
Key Market Insights
Over 100 nanoparticle formulation technologies are available, globally
Around 80% of the technologies support the formulation of organic nanoparticles, followed by those supporting the formulation of inorganic nanoparticles (24%). Further, more than 50% of the organic nanoparticle formulation technologies have the capability to formulate polymeric nanoparticles.
More than 80 companies claim to offer nanoparticle formulation services
Presently, the market is dominated by the presence of small (2-50 employees) and mid-sized (51-500 employees) players, who represent 85% of the contemporary market landscape. Of these, around 50% of the players are headquartered in North America.
Partnership activity in nanoparticle formulation domain has increased at a CAGR of 15%, between 2018 and 2022
Around 50% of the agreements were signed post-2020. Majority of the agreements were technology licensing agreements (17%), followed by research and development agreements (16%) and product development agreements (14%)
Over 1,700 patents related to nanoparticle formulation and development have been filed / published since 2018
Around 45% of these were granted patents, while over 55% were patent applications. Further, majority of the patent assignees were non-industry players. However, it is worth mentioning that the contribution of industry players in the overall patent filing activity has increased considerably (CAGR of 26%), during the period 2018-2022.
North America and Europe are anticipated to capture more than 80% of the nanoparticle formulation services market share, by 2035
The market in Asia-Pacific is likely to grow at a relatively faster pace (10.5%), in the long-term. Based on type of nanoparticle, organic nanoparticles are likely to capture majority (62%) of the market share.
To request a sample copy / brochure of this report, please visit
https://www.rootsanalysis.com/reports/nanoparticle-formulation-market.html
Frequently Asked Questions
The financial opportunity within the nanoparticle formulation services market has been analyzed across the following segments:
The research includes brief profiles of key players (listed below) engaged in offering technologies and services for nanoparticle formulation; each profile features a brief overview of the company, recent developments and an informed future outlook.
For additional details, please visit https://www.rootsanalysis.com/reports/nanoparticle-formulation-market.html or email sales@rootsanalysis.com
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Contact:
Gaurav Chaudhary
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+44 (122) 391 1091
Gaurav.chaudhary@rootsanalysis.com
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