Asia Pacific Nanomedicine Market Size & Outlook, 2023-2030
Asia Pacific nanomedicine market, 2018-2030 (US$M)
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Asia Pacific nanomedicine market highlights
- The Asia Pacific nanomedicine market generated a revenue of USD 30,945.6 million in 2023.
- The market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, drug delivery was the largest revenue generating application in 2023.
- Therapeutics is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 30,945.6 million |
| Market revenue in 2030 | USD 77,747.1 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Drug delivery |
| Fastest growing segment | Therapeutics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Delivery, Therapeutics, In-vitro Diagnostics, Implants, In-vivo Imaging |
| Key market players worldwide | Abbott Laboratories, Invitae Corp, Celgene, GE HealthCare Technologies Inc Common Stock, Johnson & Johnson, Mallinckrodt PLC Ordinary Shares - New, Merck & Co Inc, Pfizer Inc, Teva Pharmaceutical Industries Ltd, Arrowhead Pharmaceuticals Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 16.2% of the global nanomedicine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 77,747.1 million by 2030.
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Nanomedicine Market Scope
Nanomedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific nanomedicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nanomedicine market will help companies and investors design strategic landscapes.
Drug delivery was the largest segment with a revenue share of 34.19% in 2023. Horizon Databook has segmented the Asia Pacific nanomedicine market based on drug delivery, therapeutics, in-vitro diagnostics, implants, in-vivo imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market of nanomedicine is expected to witness the fastest growth over the forecast period. The major factor contributing to this growth is emerging economies of Asian countries that allows patients to pay pharmaceutical costs out-of-pocket. Presence of Nanyang Technological University (NTU) is established as Southeast Asia’s first nanomedicine research institute, which is engaged in implementation of nanotechnology for cardiovascular, skin therapeutics, diabetes, and ophthalmology.
Ongoing developments in nanoscience for groundbreaking advances in nanomedicine have offered immense opportunities for the progress of Asian nanomedicine market.
For instance, a group of researchers from Singapore’s Institute of Bioengineering and Nanotechnology and IBM have made nanomedicine breakthrough through conversion of common plastic materials into nontoxic and biocompatible materials to specifically target fungal infections.
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Our clientele includes a mix of nanomedicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nanomedicine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nanomedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific nanomedicine market size, by country, 2018-2030 (US$M)
Asia Pacific Nanomedicine Market Outlook Share, 2023 & 2030 (US$M)
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