By Cameron Chai
Reportlinker.com has released a new research report to its catalogue titled Nanobiotechnology: Applications and Global Markets. The total demand for nanobiotechnology products was $19.3 billion in 2010.
Currently, the market shows a compound annual growth rate (CAGR) of 9%. It is estimated to reach $29.7 billion by 2015. DNA sequencing for nanotechnologies is an emerging field in the R&D tools market.
The objective of this study is to assess the status of current as well as growing nanobiotechnologies and products. The study will determine the global growth potential of nanobiotechnologies from 2010 to 2015. The nanobiotechnology market for diagnostics, drug delivery, microbicides, R&D tools, and DNA sequencing applications can also be studied. The report also concentrates on drug delivery. Nanotechnology is being used in the biotechnology industry. The special properties exhibited by nanomaterials deliver high performance across a range of life science systems. Nanomaterials are increasingly used for encapsulation and releasing of drugs and biological imaging.
Many nanotechnology platforms have been developed already and are responsible for generating major revenues in drug delivery applications. Polymer, nanocrystal, and liposomal drugs are the major nanotechnology drug formats available in the market.
The study includes a forecast for the major nanomaterials and applications from 2010 through 2015. Influencing factors such as biologic imaging trends, drug delivery needs, patent trends and industry structure are also discussed. The study will interest manufacturers of nanoparticles, dendrimers, nanopores, nanocrystals, quantum dots, polymer nanoparticles and biochips.