Market Research Industry Today

Gold Nanoparticles Market to Benefit from Rising Demand from Medical Applications

Gold nanoparticles are also used to treat rheumatoid arthritis, hepatitis, fungal infections, cancer, heart diseases, various infections, and tumors.The color scattered by gold nanoparticles helps in biological imaging.
Published 19 October 2015

The global gold nanoparticles market will experience significant growth in the coming few years due to growing advancements in nanotechnology. Furthermore, nanotechnology is still at a technologically nascent stage and hence this sector is expected to grow at a strong rate in the foreseeable future. At present, in the medical field, titanium dioxide, gold nanoparticles, calcium phosphate, and zinc oxide are some of the majorly utilized nanoparticles. These particles together hold a market share of more than 30%.

Get sample report copy or for further inquiries http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6011

However, it is the gold nanoparticles sector that has witnessed significant growth among these nanoparticles, as gold nanoparticles have low toxicity, are easy to prepare, and possess the ability to attach to particular biological molecules for diagnosis or treatment. Let’s look at the factors that will drive the gold nanoparticles market in the coming years.
 
Growing Applications of Gold Nanoparticles
 
Gold nanoparticles are versatile in nature and are used in a wide range of applications in several fields. By end use, the global gold nanoparticles market is segmented into pharmaceuticals, biomedical, and the cosmetics industry. According to the 2007 issue of Analytical Chemistry, scientists at Purdue University used gold nanoparticles to detect breast cancer. It was later found out that nanoparticles can also be used to detect various pathogens and toxins.
 
Besides the aforesaid three industries, gold nanoparticles are also used in the food industry to check the suitability of foods for consumption. They are also used in fuel cell applications. Gold nanoparticles are also used as probes in transmission electron microscopy. With growing research, the application of gold nanoparticles in several sector will increase as well, boosting the global gold nanoparticles market.
 
High Demand in Medical Sector and Advent in Technology
 
Nanoparticles are capable of passing through blood vessels and detecting the location of tumors in a body. Nanoparticles are also being used to deliver drugs in a targeted region of the body. Gold nanoparticles are used to treat a number of conditions such as hepatitis, rheumatoid arthritis, heart diseases, fungal infections, and other infections. In addition to this, the colors scattered from gold nanoparticles facilitate biological imaging. The high demand for gold nanoparticles for various therapeutic and diagnostic purposes will fuel the overall global gold nanoparticles market.
 
Growing Investment and Expanding Pipeline of Drugs
 
The rising investment in research and development projects aimed at exploring the uses of nanoparticles will drive the global gold nanoparticles market significantly. Several medical organizations and companies around the world are investing millions in research and development initiatives to explore the potential of gold nanoparticles.At present, many nanodrugs are under clinical trials, such as Aurimmune and AuroShell. Aurimmune is a gold nanoparticle connected to a recombinant tumor necrosis factor and has the ability to accumulate in the tumor and exhibit antitumor activity. The growing number of clinical trials to test these novel drugs will further fuel the global nanoparticles market.
 
Even though the global gold nanoparticles market will exhibit healthy growth in the coming few years, the need for higher biocompatibility of gold nanoparticles is a major issue that will suppress the market. In order to overcome this issue, companies such as nanoComposix are developing an ecofriendly technique to biosynthesize gold nanoparticles. Other key companies operating in the global gold nanoparticles market are BBI Solutions, Nanostellar, Nanosphere, and Sigma Aldrich.

Browse Full Global Gold Nanoparticles Market Research Report With Complete TOC @ http://www.transparencymarketresearch.com/gold-nanoparticles-market.html

About Us: 

Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact:

Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
United States.
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Other Industry News

Ready to start publishing

Sign Up today!