Global Market for Nanoparticles in Biomedical, Pharmaceutical and Cosmetic Applications...
Global Market for Nanoparticles in Biomedical, Pharmaceutical and Cosmetic Applications Worth $204.6 Million in 2007 Says BCC Research ReportWELLESLEY, Mass.--(Business Wire)--According to a new technical market research report,NANOSTRUCTURED MATERIALS FOR THE BIOMEDICAL, PHARMACEUTICAL & COSMETICMARKETS (NAN017D) from BCC Research (www.bccresearch.com), the globalmarket for nanoparticles in biomedical, pharmaceutical and cosmeticapplications will be worth $204.6 million in 2007. This is expected toincrease to over $684.4 million by 2012, a compound average annualgrowth rate (CAGR) of 27.3%. The market is broken down into applications of biomedical,pharmaceutical and cosmetic applications. Of these, biomedicalapplications hold the largest share of the market. Worth an estimated$129.5 million in 2007, this segment is expected to be worth $519.5million in 2012, a CAGR of 32.0%. The second largest segment, cosmetic applications, was worth anestimated $72.2 million in 2007 and will reach $155.8 million by 2012.Pharmaceutical is currently a $2.9 million sector that will be worth$9.1 million in 2012, a CAGR of 25.7%. Within these three broad application segments, three specificapplications stand out: biodetection and labeling, orthopedic anddental applications, and sunscreens. Despite impressive growth ratesin some other applications, these three applications are expected toaccount for more than 95% of the market in 2012. The market is similarly concentrated in terms of material types.Four types of nanoparticles (gold, titanium dioxide, zinc oxide, andcalcium phosphate) accounted for more than 90% of the market in 2006.Semiconductor nanoparticles (quantum dots), which accounted for arelatively small share of the market in 2006, are expected to capture23% of the market by 2012, a share second only to calcium phosphate.-0-*TPublished: November 2007 Electronic PDF: $4850*T Data and analysis extracted from this press release must beaccompanied by a statement identifying BCC Research
(www.bccresearch.com), 40 Washington Street, Suite 110, Wellesley, MA;Telephone: 866-285-7215, editor@bccresearch.com as the source andpublisher, along with report number, which can be found immediatelyafter the report title. Thank you.BCC ResearchDawn Peters, 781-489-7301 x603Fax: 781-489-7308dawn.peters@bccresearch.comorAdditional Releases:www.bccresearch.com/press.htmCopyright Business Wire 2007
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