SOURCE: MarketResearch.com

MarketResearch.com

December 14, 2010 08:08 ET

Nanobiotechnology Market to Grow 9% Annually Through 2015

ROCKVILLE, MD--(Marketwire - December 14, 2010) - MarketResearch.com has announced the addition of BCC Research's new report "Nanobiotechnology: Applications and Global Markets" to their collection of Nanomedicine market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6007203

The total market for nanobiotechnology products is $19.3 billion in 2010 and is growing at a compound annual growth rate (CAGR) of 9% to reach a forecast market size of $29.7 billion by 2015.

Medical applications, including drug delivery and microbicides, dominate today's market, with sales of $19.1 billion in 2010. This market segment is growing at a compound annual growth rate (CAGR) of 8.7%, and is forecast to reach sales of $29 billion by 2015.

In the R&D tools market, DNA sequencing is an emerging growth opportunity for nanotechnologies. This sector is valued at $63 million in 2010 and is expected to increase at a 37% compound annual growth rate (CAGR) to reach $305 million in 2015.

The study scope includes the major nanotechnology formats that are likely to become commercialized within the next 5 years. Each technology format is analyzed to determine its market status, impact on future market segments, and forecasted growth from 2010 through 2015. Technology issues and market-driving forces are discussed.

Influencing factors, including drug delivery needs, biologic imaging trends, industry structure, and patent trends, are also discussed.

BCC examines nanobiotechnology companies and industry alliances, nanomaterial consumption by end-user industry, and market-driving forces. We profile 115 nanobiotechnology companies.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6007203

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