Nano Medical Devices Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

(IT-NEWSWIRE.COM, February 27, 2018 ) Nano medical devices are the modern version of the devices used for the treatment and diagnosis of diseases. Since the last decade there has been steep growth in development of nano medical devices. These devices are particularly used in in vivo testing and imaging. Around 250 nano medical products are being tested or used on humans. The market of nano medical devices is blooming.

The Global Nano Medical Devices Market is expected to grow at a CAGR of 10.29% during forecasted period 2017-2023.

Since nanotechnology based cardiac and orthopedic implants are introduced in market, these devices have attracted special attention from the consumers. The global market for nano medical devices is majorly driving due to the increasing prevalence of cancer and other chronic diseases. Beside this, rising awareness about preventive measures of healthcare, rapid development in nanotechnology, increase in prevalence of chronic diseases and increasing healthcare expenditure has also contributed to the growth of nano medical devices. Whereas, lack of regulatory standards in the examination of nanoparticle based medicines and high cost of the treatment has restrained the market from growing.

Global Nano Medical Market Segments:

The Global Nano Medical Market is segmented on basis of types, applications and end users. Based on types, the market is segmented as implantable biosensors, implantable cardioverter-defibrillators, implantable drug delivery system and others. On the basis of application they are segmented as disease treatment and diagnosis, drug release regulation and other. Disease treatment and diagnosis is further segmented into cancer, neurological diseases, cardiovascular diseases and other. And on basis of end user, the market is segmented into hospitals, clinics and research institutions.

Global Nano Medical Market Key Players:

Stryker Corporation (U.S.), EOS GmbH (Germany), Medtronic (US), EnvisionTEC (US), 3M Company (U.S.), St. Jude Medical, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Starkey Hearing Technologies (U.S.), Smith & Nephew plc. (U.K.) and others.

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Global Nano Medical Market Regional Analysis:

Global Nano Medical Market is dominated by America due to better accessibility to technology, increasing governmental support for the research and development as well as healthcare expenditure. Europe accounts for the second largest market. The growth of Europe market is majorly driven by to more awareness and advancement in nanotechnology sector. Asia Pacific has the fastest growing market due to increasing initiatives to include IT in all sectors including healthcare and increasing demand for the better treatment options. Whereas, due to less development in nanotechnology Middle East & Africa will have limited growth in the market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Market Dynamics

4 Market Factor Analysis

5 Global Nano Medical Devices Market, By Type

6 Global Nano Medical Device Market, By Applications

7 Global Nano Medical Device Market, By End User

8 Global Nano Medical Device Market, By Region

9 Competitive Landscape

10 Company Profile

11 Conclusion

12 Appendix

…Continued

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Nano Medical Devices Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023