Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.86 Billion | USD 22.36 Billion | 7.3% | 2023 |
The global Nanoemulsion Market size was worth around USD 11.86 billion in 2023 and is predicted to grow to around USD 22.36 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.3% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Nanoemulsion Market on a global and regional level.
Nanoemulsion is the novel drug delivery system or targeted drug delivery system that consists of water and emulsified oil with an average droplet diameter ranging from 50 to 1000 nm. Water in oil and oil in water are the two types of emulsion phases, which depends on the core particle that is either water or oil. The nanoemulsion-based drugs provide increased bioavailability of the drug molecule by providing target specific drug delivery. The nanoemulsion technique is used for drugs or active pharmaceutical ingredients whose solubility is low to poor. The nanoemulsions have good capacity to dissolve low soluble drugs and protect the drugs from enzymatic degradation or hydrolysis.
The major advantages of nanoemulsions as drug delivery carriers include improved drug loading, enhanced bioavailability and drug solubility, controlled drug release, and reduced patient variability and protection from enzymatic degradation. This is the major factor driving the global nanoemulsion market. Nanoemulsions have extensive applications in different fields like food technology, pharmaceutics, and cosmetics. The pharmaceutical application of nanoemulsions includes the various routes of administration, which is another factor supporting this global market’s growth. Recently, nanoemulsions are commonly used for delivery of DNA-encoded drug, vaccine, antibiotics, and topical preparations, which, in turn, will generate new growth opportunities for the nanoemulsion market globally in the future.
The study provides a decisive view of the nanoemulsion market by segmenting it based on drug class, route of administration, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on drug class, the global nanoemulsion market includes anesthetics, steroids, NSAIDs, immunosuppressant, antimicrobials, antiretroviral, vasodilators, and others. NSAIDs are expected to register notable growth in the future, owing to the increasing NSAIDs usage for various applications.
By route of administration, the global nanoemulsion market includes topical, parenteral, oral, and nasal.
By distribution channel, the global nanoemulsion market includes retail pharmacy, hospital pharmacy, and online pharmacy. Retail pharmacies are estimated to dominate the global nanoemulsion market over the estimated time period.
Report Attributes | Report Details |
---|---|
Report Name | Nanoemulsion Market |
Market Size in 2023 | USD 11.86 Billion |
Market Forecast in 2032 | USD 22.36 Billion |
Growth Rate | CAGR of 7.3% |
Number of Pages | 140 |
Key Companies Covered | Mitsubishi Tanabe Pharma, AbbVie, Allergan, Fresenius Kabi, AstraZeneca, GlaxoSmithKline, Kaken Pharmaceutical, Sanofi, Novartis, and B. Braun Melsungen |
Segments Covered | By drug class, By route of administration, By distribution channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Southeast Asia, Brazil, and Mexico.
By region, North America is expected to dominate the global nanoemulsion market over the forecast time period. Well-established biotechnology and pharmaceutical and industries, rising number of research activities for new drug development, increasing prevalence of chronic disorders, growing technological advancements in drug delivery techniques across the region are expected to boost the North American nanoemulsion market in the years ahead. Asia Pacific nanoemulsion market is projected to grow at the highest rate during the projected time period, owing to the increasing income of people and altering regional demographics.
Some major players operating in the global nanoemulsion market are:
Global Nanoemulsion Market: Drug Class Analysis
Global Nanoemulsion Market: Route of Administration Analysis
Global Nanoemulsion Market: Distribution Channel Analysis
Global Nanoemulsion Market: Regional Analysis
FrequentlyAsked Questions
Nanoemulsion is the novel drug delivery system or targeted drug delivery system that consists of water and emulsified oil with an average droplet diameter ranging from 50 to 1000 nm.
According to study, the Nanoemulsion Market size was worth around USD 11.86 billion in 2023 and is predicted to grow to around USD 22.36 billion by 2032.
The CAGR value of Nanoemulsion Market is expected to be around 7.3% during 2024-2032.
North America has been leading the Nanoemulsion Market and is anticipated to continue on the dominant position in the years to come.
The Nanoemulsion Market is led by players like Mitsubishi Tanabe Pharma, AbbVie, Allergan, Fresenius Kabi, AstraZeneca, GlaxoSmithKline, Kaken Pharmaceutical, Sanofi, Novartis, and B. Braun Melsungen.
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