Nanoparticle Analysis Market Analysis And Forecast To 2031: By Technology (Dynamic Light Scattering, Laser Diffraction, Nanoparticle Tracking Analysis, Resonant Mass Measurement, Microscopy, X-Ray Diffraction), By Analysis Type (Particle Size Analysis, Particle Concentration Analysis, Zeta Potential Analysis, Molecular Structure Analysis, Particle Shape Analysis, Molecular Weight Analysis, Flow Property Analysis), By Application (Pharmaceutical & Biopharmaceutical Companies, Academic Research Institutions, Public & Private Research Institutions, Medical Device Companies), And Region
The global Nanoparticle Analysis Market was valued at USD 2.5 billion in 2021 and it is anticipated to grow up to USD 4.9 billion by 2031, at a CAGR of 6.9% during the forecast period.
Nanoparticle analysis is the study of particles that have at least one dimension measuring 100 nanometers or less. These particles are too small to be seen with the naked eye and must be studied using special instruments and techniques. Nanoparticles are of interest because of their unique physical and chemical properties. They are often used in medical and industrial applications because of their small size, which allows them to be easily absorbed by the body or to be used in products without changing their properties. Nanoparticle analysis can be used to study the size, shape, and composition of nanoparticles. It can also be used to determine how nanoparticles interact with each other and with their surroundings. This information is important for understanding the potential risks and benefits of using nanoparticles in various applications.
Global Nanoparticle Analysis Market Scope and Report Structure
Market Trends and Drivers
The nanoparticle tracking analysis segment is slated to witness around 8% gains from 2022 to 2028. The growth can be credited to the growing acceptance of nanoparticle tracking analysis in healthcare applications such as exosomes, macrovesicles, extracellular vesicles characterization, and viral vaccine research & development. This nanoparticle analysis technology helps companies in drug developments and manufacturing workflows through raw material selection processes and quality control. Several market participants are focusing on expanding their distribution channels to scale up their presence.
Market Restraints and Challenges
One of the key restraints in the nanoparticle analysis market is the lack of standardization in terms of methods and protocols. This has led to a situation where there is a wide variation in the results obtained from different laboratories for the same sample. This lack of standardization makes it difficult to compare and interpret the data from different studies, which hampers the development of the field. Another challenge in the nanoparticle analysis market is the lack of sensitivity of the currently available methods. This limits the types of particles that can be detected and quantified, and makes it difficult to study the effects of nanoparticles on biological systems.
Global Nanoparticle Analysis Market Segmental Overview
The report analyses the global Nanoparticle Analysis Market based on Technology, Analysis Type, Application, and Region.
Global Nanoparticle Analysis Market by Technology
Based on technology, it is segmented into Dynamic light scattering, Laser diffraction, Nanoparticle tracking analysis, Resonant mass measurement, Microscopy, X-ray diffraction, and Others. Among these, nanoparticle tracking analysis segment is slated to witness around 8% gains from 2022 to 2028. The growth can be credited to the growing acceptance of nanoparticle tracking analysis in healthcare applications such as exosomes, macrovesicles, extracellular vesicles characterization, and viral vaccine research & development. This nanoparticle analysis technology helps companies in drug developments and manufacturing workflows through raw material selection processes and quality control. Several market participants are focusing on expanding their distribution channels to scale up their presence.
Global Nanoparticle Analysis Market by Analysis Type
Based on the application, the Nanoparticle Analysis Market is segmented into Particle size analysis, Particle concentration analysis, Zeta potential analysis, Molecular structure analysis, Particle shape analysis, Molecular weight analysis, and Flow property analysis. The particle size analysis segment held more than 30% of the nanoparticle analysis market share in 2021 owing rising adoption in pharmaceutical and biopharmaceutical sectors. It helps companies in drug development and manufacturing workflow through raw material selection processes and quality control. Nanoparticle shape & size might also influence multiple essential production factors such as the bioavailability & durability of Active Pharmaceutical Ingredients (APIs), dosage uniformity, and other quality aspects.
Global Nanoparticle Analysis Market by Application
With regards to appliction, the Nanoparticle Analysis Market is divided into Pharmaceutical & biopharmaceutical companies, Academic research institutions, Public & private research institutions, and Medical device companies. Medical device companies are expected to register significant growth rate through 2031 owing to the integration of nano-ink & nano-coating technology for manufacturing medical electronic devices. Several medical devices including vitro diagnostic devices, heart valves, dental implants, bone void fillers, catheters, stents, orthopedic implants, and cancer therapeutics are manufactured using nanoparticle analysis techniques.
Several OEMs are focusing on collaborative approaches to develop new medical electronic devices by integrating nanotechnology with the help of nanoparticle analysis systems. For instance, in January 2022, XTPL, a nano-printing solution provider in Europe, announced its collaboration with Nano Dimension Ltd. to co-develop metallic nanoparticle-based conductive inks. These inks are designed to allow end users to manufacture Additively Manufactured Electronics (AME) for medical, healthcare, commercial and other industrial applications.
Geographical Analysis of Global Nanoparticle Analysis Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific Nanoparticle Analysis Market revenue is poised to grow significant CAGR during the forthcoming years. Regional governments’ focus on investment to support nanotechnology research activities will spur the industry statistics. For instance, according to the Indian Ministry of Electronics & Information Technology article updated in April 2020, MeitY announced a set of fundamental initiatives to promote nanotechnology research and innovation in the country. The Ministry initiated the Indian Nanoelectronics Users Programme, which is being incorporated at the Centre of Excellence in Nanoelectronics (CEN). This has enabled the R&D community in the country to access government nanofabrication facilities for conducting research & development programs in nanoelectronics.
Major Players in the Global Nanoparticle Analysis Market
The key players in the Nanoparticle Analysis Market Hitachi, Ltd., Shimadzu Corporation, Horiba Ltd., Bruker Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, JEOL, Ltd., TSI Incorporated, Microtrac, Inc., and Wyatt Technology Corporation. among others.
COVID-19 Impact
The COVID-19 pandemic moderately impacted the global nanoparticle analysis market. The industrial sector was significantly hit during the first wave, resulting in decreased instrument production and limitations on raw material & particle transportation, among other issues. In the second half of FY2021, the pandemic facilitated the development of novel technologies for medical research facilities and medical device manufacturers. The increasing efforts of biopharma & biotech companies globally to create COVID-19 vaccines are fueling the market growth.
Recent Developments
In September 2022, Imperial startup SPARTA Biodiscovery is offering technology to accelerate the development and production of nanoparticles used in advanced medicines.
In October 2021, the Italian Ministry of University and Research (MUR) announced to offer a USD 59.10 million grant for fundamental research activities. The research focuses on the life science, physical science, and engineering macro-sectors
In June 2021, Horiba signed a collaboration led by the Cell and Gene Therapy (CGT) Catapult to accelerate the production of Process Analytical Technologies (PAT) for cell & gene therapy. It is a type of nanoparticle analysis instrument that offers a combination of experience & competence in technology, pharmaceutics, therapy, and patient demand.
In August 2020, Microtrac Retsch GmbH partnered with Porotec GmbH to further expand its particle characterization business. Porotec GmbH develops and distributes particle & porosity testing equipment. With the acquisition, Microtrac Retsch GmbH expanded its expertise and market position in density measurement, porosimetry, and gas adsorption.
Frequently Asked Questions
Q1. How big is the wearable atrial fibrillation detection devices market?
Ans. The global Nanoparticle Analysis Market was valued at USD 2.5 billion in 2021 and it is anticipated to grow up to USD 4.9 billion by 2031, at a CAGR of 6.9% during the forecast period.
Q2. What is the Nanoparticle Analysis Market growth rate?
Ans. The growth rate of the Nanoparticle Analysis Market is 6.9%
Q3. Which region holds a major market share for the market?
Ans. North America holds a major market share of the Nanoparticle Analysis Market in 2021.
Q4. Which segment accounted for the largest Nanoparticle Analysis Market share?
Ans. By application segment accounted for the largest Nanoparticle Analysis Market share.
Q5. Who are the key players in the Nanoparticle Analysis Market?
Ans. The global Nanoparticle Analysis Market report includes players such as Hitachi, Ltd., Shimadzu Corporation, Horiba Ltd., Bruker Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, JEOL, Ltd., TSI Incorporated, Microtrac, Inc., and Wyatt Technology Corporation. among others.
Q6. What are the factors driving the Nanoparticle Analysis Market growth?
Ans. The major factors driving the growth of the market are increasing demand for miniaturization of devices, the need for early detection of disease, and the increasing use of nanomaterials in various industries.
Q7. What are the key growth strategies of Nanoparticle Analysis Market players?
Ans. The key growth strategies of Nanoparticle Analysis Market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the Nanoparticle Analysis Market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the Nanoparticle Analysis Market during the forecast period.
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