The Asia-Pacific nanomedicines market is projected to grow at a modest CAGR of 10.9% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rise in the prevalence of life-threatening diseases along with the demand for effective treatment solutions. Besides, the rapid development of healthcare infrastructure and growth in health awareness among the population are also some major factors that accelerate the demand for the proper treatment solutions and in turn, contribute to the growth of the market. Further, China and India are expected to contribute substantially to the Asia-Pacific nanomedicines market owing to the rising number of researches going on in the economies.
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The Asia-Pacific nanomedicines market is segmented on the basis of indication type and application. Based on the indication type, the market is segmented as cardiovascular diseases, neurological diseases, infectious diseases, oncological diseases, orthopedic diseases, and others. The other segment includes urological disease and ophthalmic diseases. The cardiovascular diseases segment is likely to hold a substantial share in the market over the forecast period. Based on the applications, the market is segmented as drug delivery, active implants, vaccines, diagnostic imaging, biomaterials, regenerative medicines, and other applications. The other segment includes tissue regeneration. The drug delivery segment is likely to hold a substantial share in the market over the forecast period.
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Asia-Pacific Nanomedicines Market Segmentation
By Indication Type
- Cardiovascular Diseases
- Neurological Diseases
- Infectious Diseases
- Oncological Diseases
- Orthopedic Diseases
- Other Diseases (Urological Disease, Ophthalmic Diseases)
By Application
- Drug Delivery
- Active Implants
- Vaccines
- Diagnostic Imaging
- Biomaterials
- Regenerative Medicines
- Other Applications (Tissue Regeneration)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
