Chemicals and Materials Metal Nanoparticles Market New | Page 2

conductors, organic photovoltaics, sensory probes, therapeutic agents, catalysis, and drug
delivery in biological & medical applications.
Pharmaceutical & healthcare to be the largest market for metal nanoparticles, in
terms of value
The pharmaceutical & healthcare segment dominated the market in 2016, and this trend is
projected to continue through 2022, as a result of the demand for innovative materials in
the healthcare industry for better diagnosis of diseases. The nano size of metal
nanoparticles enables them to interact with the biomolecules easily, both at the surface and
inside the cells, leading to better signals and target specificity for diagnostics as well as
therapeutics.
Asia Pacific market for metal nanoparticles is projected to grow at the highest CAGR
from 2017 to 2022
Asia Pacific is expected to be the fastest-growing market for metal nanoparticles during the
forecast period. The growth in the region can be attributed to the growing pharmaceutical
& healthcare and electrical & electronics industries, and favorable government incentive
systems. Among all countries in the Asia Pacific region, the Metal Nanoparticles Market
in India is projected to grow at the highest CAGR during the forecast period. The North
American market is expected to grow at the second-highest CAGR between 2017 and 2022.
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Key players operating in the Metal Nanoparticles Market include American Elements
(US), Nanoshel (US), Nanostructured & Amorphous Materials (US), EPRUI Nanoparticles &
Microspheres (China), US Research Nanomaterials (US), Meliorum Technologies (US),
nanoComposix (US), BBI Group (UK), Nanocs (US), Strem Chemicals (US), and Tanaka
Holdings (Japan). These players have extensive product portfolio and wide geographical
presence. Acquisitions, expansions, and agreements are some of the major strategies
adopted by key players operating in the Metal Nanoparticles Market.