Market World Nanoparticles - Metal & Metal Oxides Market Driver | Page 3

North America dominated with the largest revenue share owing to the existence of clear regulatory guidelines
for therapeutic development. Furthermore, with the increasing collaboration between key stake holders
including government agencies, lawmakers, health insurers, and pharmacy benefit managers, better outcome
based products can be produced with a check on relevance in the market.
This region is also witnessing inter-country collaboration on the production and usage of nanotechnology based
products. For example, Canada and the U.S. collaborated on the development of nanomaterials under the
Regulatory Co-operation Council (RCC). As a result, the nanotechnology work plan of the region was made and
the conference took place in Washington, DC in January 2014.
Asia Pacific is anticipated to exhibit the fastest growth over the forecast period. Factors responsible for the
projected CAGR include growing investment in the development of nanoparticles coupled with a surge in the
amount of clinical studies that can aid in determination of toxicity of these products.
Corporations across Asia, especially in China and India, are increasing their spending in research projects on the
utilization of Nano molecules which is anticipated to support the progression of this market in Asia pacific region.
Competitive Insights
Key companies working for the development of metal and metal oxide nanoparticles include Nanobiotix,
AstraZeneca, Pfizer Inc., nanoComposix, Merck KGaA, Nanospectra Biosciences, Immunolight LLC, Women’s
Hospital and Brigham.
Pharma-biotech entities are engaged in R&D and are carrying out enormous capital investments. Product
advancement in human therapeutics and rising demand for better outcomes by the treatment provided are
anticipated to boost progress in the coming years.
Market Segment:
Nanoparticles - Metal & Metal Oxides Type Outlook (Revenue, USD Billion, 2013 - 2025)
• Gold Nanoparticles
• Silver Nanoparticles
• Iron Oxide Nanoparticles
• Alumina Nanoparticles
• Gadolinium Oxide Nanoparticles
• Others