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Nanotechnology in Medical Devices Market Size

  • Report ID: GMI3784
  • Published Date: Oct 2022
  • Report Format: PDF

Nanotechnology in Medical Devices Market Size

Nanotechnology In Medical Devices Market size registered more than USD 3 billion in 2021. Driven by the widespread application of nanotechnology in disease treatment and prevention, the industry is slated to grow at over 8% CAGR from 2022 to 2030.

 

The nanotechnology in medical devices industry is gaining positive traction due to its potential to increase the quality of care and treatment in the healthcare sector. The robust adoption of nanotechnology for wound care, implantable medical devices, and other applications, is owing to innovative nanotechnology research that is supporting the development of new treatment technologies.

 

Furthermore, favorable government initiatives across several nations have promoted public awareness and acceptance of nanotechnology as well as its applications in the development of novel medical devices. Considerable investments and programs to improve the healthcare system are fueling the market expansion.
 

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for nanotechnology in medical devices was valued at more than USD 3 billion in 2021 and is set to progress at over 8% CAGR over the next 8 years owing to considerable investments and programs to improve the healthcare system and the widespread application of nanotechnology in disease treatment and prevention.

The orthopedics application segment is anticipated to exhibit more than 8% CAGR through 2030 owing to novel applications of nanotechnology in scaffolds to generate a precise interface between native bone and orthopedic implants.

The implantable medical devices segment is poised to exceed a valuation of USD 2.9 billion by 2030 on the back of various advantages associated with these products.

North America nanotechnology in medical devices market is slated to reach over USD 2.5 billion in revenue by the end of 2030 as a result of the significant adoption of advanced products, along with the presence of a large number of manufacturers in the region.

Nanotechnology in Medical Devices Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 16
  • Tables & Figures: 251
  • Countries covered: 18
  • Pages: 206
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