Roots Analysis has announced the addition of “Nanoparticle Formulation Technologies and Services Market, 2023-2035” report to its list of offerings.
The advancements in nanotechnology have paved the way for adoption of nanoparticles as a novel mode of drug delivery for therapeutics and vaccines. Moreover, nanoparticles have emerged as a versatile tool for biomedical imaging. However, the formulation of these complex structures is associated with various challenges, such as requirement of extensive technical expertise, high capital investment and stringent regulatory policies to develop nano-based drugs. As a result, outsourcing has become a preferred business model in this domain, allowing drug developers and researchers to leverage a broader range of advanced nanoparticle formulation technologies and cost-effective solutions.
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Around 80% of the technologies are based on organic nanoparticles, followed by those based on inorganic nanoparticles (24%). Further, more than 50% of the organic nanoparticle formulation technologies have the capability to formulate polymeric nanoparticles.
Presently, the market is dominated by the presence of small (2-50 employees) and mid-sized (51-500 employees) players, who represent 85% of the contemporary market landscape. Of these, around 50% of the players are headquartered in North America.
Around 50% of the agreement were inked in this domain post-2020.Majority of the agreements were technology licensing agreements (17%), followed by research and development agreements (16%) and product development agreements (14%)
Around 45% of these were granted patents, while over 55% were patent applications. Further, majority of the patent assignees were non-industry players. However, it is worth mentioning that the contribution of industry players in the overall patent filing activity has increased considerably (CAGR of 26%), during the period 2018-2022.
The market in Asia-Pacific is likely to grow at a relatively faster pace (11.7%), in the long-term. Based on type of nanoparticle, majority of the revenue share (63%) is likely to be associated with organic nanoparticles.
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The financial opportunity within the nanoparticle formulation services market has been analyzed across the following segments:
The research includes brief profiles of key players (listed below) engaged in offering technologies and services for nanoparticle formulation; each profile features a brief overview of the company, recent developments and an informed future outlook.
For additional details, please visit https://www.rootsanalysis.com/reports/nanoparticle-formulation-market.html or email sales@rootsanalysis.com
Contact:
Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
Gaurav.chaudhary@rootsanalysis.com
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