Market Research Report
GLOBAL GOLD NANOPARTICLES MARKET FORECAST 2017-2025
|Published by||Inkwood Research||Product code||563531|
|Published||Content info||116 Pages
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|GLOBAL GOLD NANOPARTICLES MARKET FORECAST 2017-2025|
|Published: October 9, 2017||Content info: 116 Pages||
The global gold nanoparticles market is anticipated to grow at a CAGR of 22.46% over the forecast period of 2017-2025. The revenue generated by the market is expected to rise from $ 2149 million in 2016 and reach $13381 million by 2025. Factors like growing demand from emerging economies and the inclination towards compact electronic devices and biosensors which utilize nanowires and inks made of gold, are expected to drive the market.
The Global Gold Nanoparticles market is segmented on the basis of application and end-uses. The market finds its application in targeted drug delivery, in-vivo imaging, proton therapy, cell & phantom imaging, in-vitro assays, and other applications. Cell & phantom imaging is predicted to be the fastest growing application for the forecast period. The end-uses segment for the market is further divided into electronics, healthcare, catalytic activity, and others. The healthcare sector is the most popular end-user sector for the global gold nanoparticles market. The potential use of gold nanoparticles in biomedical applications and its subsequent use in treating various diseases is providing the market with tremendous growth opportunities. However, issues like the biocompatibility of gold nanoparticles and the volatile gold prices across all the regions are some of the factors which are restraining the market growth.
The global gold nanoparticles market is geographically spread across regions like Europe, North America, Asia-Pacific and rest of world. The Asia-Pacific market is expected to exhibit the fastest growth over the forecast period on account of the increasing demand from countries like Taiwan, China, South Korea, etc. for their manufacturing units of compact devices. However, it is the North American market which is predicted to dominate the global market by the end of 2025. The North American market is chiefly driven by increasing investments for R&D purposes in the field of gold nanoparticles.
Some of the well-known players competing in the global gold nanoparticles market include BBI Solutions, Agilent Technologies, Cline Scientific, Danaher Corporation, Cytodiagnostics, Goldsol, Meliorum Technologies, Hitachi Ltd, Nano Composix, Tanaka Technologies Sigma-Aldrich, and Wyatt Technology Corporation.