Global Nanocapsules Market is anticipated to grow significantly in the forecast period due to the increasing cases of chronic disorders on the global scale. Nanocapsules are manufactured by different methods like Nano precipitation, solvent evaporation, dialysis, salting out, solvent diffusion and super critical fluid technology and are used as synthetic polymers and/or natural polymers. In the domain of drug delivery, nanocapsules offer promising therapeutic benefits, especially for cancer diagnosis & therapy and have also emerged as an advantageous constituent in other domains as well.
Nanocapsules market is driven by the efficient and enhanced drug technology, increasing demand from the end user industries, and emerging diagnostic segment. Moreover, nanocapsule industry is also influenced by the emerging applications in several industries like agrochemicals, cleansing products, genetic engineering, etc. However, complicated manufacturing, significant cost required for research and development, and growing cost of nanocapsules are hampering the market growth of nanocapsules.
Moreover, growing acceptance of nanocapsules for disorders like cancers and tuberculosis are expected to bring wider opportunities in nanocapsules industry. Additionally, rapid oxidation and being pyrophoric are the other features. These features display several opportunities and challenges for the growth and commercialization of fresh and advanced therapies. Nanocapsule market is categorized on the basis of type, administration route, application and geography. On the basis of type, the market is divided into boron nitride case,
CNx shell, graphite shell, two sulfide shell and others. Boron nitride segment is expected to lead nanocapsules industry due to its properties like brilliant chemical and thermal stability that make it ideal for several applications. Based on administration route, nanocapsules market is divided into oral route and parenteral route. Parenteral administration route is highly preferred due to its less absorption barriers and swift action.
In terms of application, nanocapsule industry is split into cosmetic, pharmaceutical, agriculture, food, genetic, agrochemicals and others. Pharmaceutical segment is expected to dominate the market of nanocapsule owing to its efficiency observed in healing patients. Increased bioavailability, rapid absorption, higher safety and improved patient compliance are few advantages of nanocapsules in pharmaceutical industry.
Geographically, nanocapsule market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America followed by Europe are predicted to hold larger market share of nanocapsules owing to the high investment and increasing research activities.
The major players in nanocapsules industry comprise Camurus, Cerulean Pharma Inc., Eos Bio Sciences Inc., Bio Delivery Sciences, Nano Green Sciences Inc., Gat Food Essentials, Biophan Technologies, Carlina Technologies, Therapy Area Benchmarking, Nanosphere Health Science, Loreal, Nanonutra, Sintef and PlasmachemGmbh.
Nanocapsules Market Application Outlook (Revenue, USD Million, 2014 - 2025)
• Food & Nutraceuticals
• Agricultural production
Nanocapsules Market Therapy Area Outlook (Revenue, USD Million, 2014 - 2025)
• Pain Management
Nanocapsules Market Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• Asia Pacific
• Latin America
• South Africa
• Saudi Arabia
Research Support Specialist, USA