The global gold nanoparticles market size is anticipated to reach USD 15.65 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 10.7% from 2024 to 2030. Increasing demand from various end-use industries, high demand for nanotechnology induced diagnostics and treatments in healthcare industry, and technological advancements are anticipated to propel the market.
North America led the market in the previous years and is expected to witness growth in near future as well owing to the increasing R&D investments by nanotechnology organizations and universities. Furthermore, growing medical diagnostics domain is also projected to contributing to the regional market growth.
Electronics segment is expected to grow impressively in the forthcoming years owing to rising demand for consumer electronics, compact storage devices, and high usage of nanotechnology in photovoltaic cells. Hence, such growing niche applications are expected to create lucrative opportunities for the gold nanoparticles market during the forecast period.
Growing awareness for metal nanomaterials essentially for diagnosis and treatment of tumor cells is trending in the market. Additionally, efforts for R&D and innovations in gold nanoparticles domain is yet another trend witnessed in the market. Use of gold nanoparticles as nanorods has opened new growth avenues for the detecting cancerous tumors and improved biological imaging.
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The medical & dentistry segment dominated the market and accounted for a share of 51.7% in 2023 due to the growing application of nanomaterials in medical imaging, therapeutics, and diagnostics.
The electronics segment is expected to register the fastest CAGR during the forecast period owing to the high demand for compact storage devices and increasing the use of nanotechnology in photovoltaic cells.
The Asia Pacific gold nanoparticles market accounted for the largest market revenue share of 37.3% in 2023 and is anticipated to register the fastest CAGR over the forecast period.
Grand View Research has segmented the global gold nanoparticles market on the basis of end-use, and region:
Gold Nanoparticles End-use Outlook (Revenue, USD Billion, 2018 - 2030) (Volume, Kilo Grams)
Medical & Dentistry
Electronics
Catalysis
Others
Gold Nanoparticles Regional Outlook (Revenue, USD Billion, 2018 - 2030) (Volume, Kilo Grams)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Australia
Central & South America
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
List Of Key Players in the Gold Nanoparticles Market
Cytodiagnostics Inc.
Goldsol Inc
BBI Solutions
NanoHybrids Inc.
Nanopartz Inc.
Nanosphere Inc.
Nanostellar Inc.
Solaris Nanosciences Corporation
Tanaka Holdings Co. Ltd.
The Metalor Group
Sigma Aldrich
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