North America Nanomedicine Market Size & Outlook
North America nanomedicine market, 2018-2030 (US$M)
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North America nanomedicine market highlights
- The North America nanomedicine market generated a revenue of USD 96,349.3 million in 2023.
- The market is expected to grow at a CAGR of 12% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 96,349.3 million |
| Market revenue in 2030 | USD 212,399.1 million |
| Growth rate | 12% (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, North America region accounted for 50.6% 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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North America 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 34.08% in 2023. Horizon Databook has segmented the North America 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.
North America held the major share of 2018 nanomedicine market owing to presence of substantial players in the region involved in development and manufacturing of nanomedicine for various therapeutic fields.
Moreover, rising cases of disease related morbidity and mortality in North America have accentuated the need for developing more robust therapies, thereby driving growth in this region.
Moreover, confluence of factors such as increase in R&D investment, developed infrastructure, and growing popularity of nanoparticles-based drugs in the region is driving the nanomedicine market in North America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America nanomedicine market , including forecasts for subscribers. This continent databook contains high-level insights into North America nanomedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America nanomedicine market size, by country, 2018-2030 (US$M)
North America Nanomedicine Market Outlook Share, 2023 & 2030 (US$M)
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