Increasing application scope in medical applications owing to biocompatibility along with strong consumer electronics spending is likely to drive gold nanoparticles market growth
According to a new study based report by Global Market Insights, gold nanoparticles Market size is projected to be worth USD 8 billion by 2022. Advancement in Nanotechnology, furthered by investments in R&D, coupled with proliferation of this technology in medical and diagnostics sectors is expected to have a positive impact on the market size. The report analyzes gold nanoparticles market on the basis applications, regions, current market trends and key market players.
View a summary of the “Gold Nanoparticles Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/gold-nanoparticles-market
The report offers all-inclusive analysis of:
- Market structure
- Factors restraining market growth
- Market growth drivers
- Opportunities and challenges
- Market estimations and forecast for projected period
The report is a comprehensive analysis of current market trends and offers market projections for the anticipate time frame. It analyzes recent advancements in nano technology along with top industry participants profiled in the report. In addition to this, it comprises of a review of macro and micro factors vital for the current market participants and new companies. The report offers analysis for competitive dynamics.
Gold nanoparticles market size is projected to surpass 20,000 kilos during the projected time frame with gains over 23%. Escalating demand for precision storage devices as well as flash drives, micro SD, DLNA devices, is likely to impact the industry positively. Medical sector and dentistry dominated application segment for the market during the last few years. Proliferation of nano technology demand in photo imaging, diagnostics and therapeutics is likely to boost the market growth in coming few years. Increasing investments in R&D activities is projected to open new avenues in healthcare and pharmaceutical industry in near future. Electronic industry is the second largest and rapidly growing application in the market. The market in electronic application is likely to be worth USD 1.9 billion during the forecast period. Growing use of compact devices is anticipated to propel the market growth.
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U.S. is accounted for the largest global and regional consumption market share and is anticipated to hit USD 2.2 billion during the forecast period. Asia Pacific, specifically China and India market size is likely to observe the significant gains and exceed USD 2.9 billion by 2022. Europe gold nanoparticles market share is projected to witness moderate growth and hit USD 1.3 billion over the anticipated time frame.
NanoSphere, BBI Solutions, Sigma Aldrich, Nanostellar, Cytodiagnostics, Johnson Matthey, and Metalor are some of the key players in highly competitive Gold nanoparticles market. Factors like application development, cost competency and product innovation are likely to be crucial for business success.