have unique optical properties and hence are widely used in photonics and bio-imaging applications. Gold nanoparticles have varied sizes and can emit vibrant colors ranging from red to pale blue. The different sizes and shape of gold nanoparticles are responsible for different optical properties. Owing to several properties of these particles including easy preparation, low toxicity, and ability to attach to specific biological molecules for diagnosis or treatment, the gold nanoparticles market has observed considerable growth from past few years which is expected to continue in near future.
The report highlights major factors responsible for the growth of gold nanoparticles market. The market dynamics of gold nanoparticles includes the drivers, restraints and opportunities. The major factor driving the growth of this industry is the high demand from healthcare industry to improve the pharmacokinetics and reduce side effects. Moreover, the use of gold nanoparticles to treat cancer and tumors has increased its acceptance among the people. Currently, biocompatibility of these particles is the major issue imposing great challenge to the industry. There are several opportunities all over the globe in nanoparticle industry as it is in nascent stage and lots of investments in being made in research & development.
The report classifies the global gold nanoparticle market
on the basis of – market by applications, and market by geography. The major applications include healthcare industry, pharmaceutical industry, cosmetics, electronics, and biomedical industry, among others. Among these applications, healthcare captures largest share in the market due to its increasing demand in developing & highly populated countries. Cosmetics and electronics industry are at emerging stage in gold nanoparticle industry and have less penetration rate. However, these industries are estimated to penetrate the gold nanoparticle at very high growth rate. The market is further classified based on geography. The major regions consider for this study includes North America, Europe, Asia-Pacific, and Rest of the World.
North America accounts for larger share and dominates the gold nanoparticle market. Countries from Asia-Pacific region such as China, South Korea, India, and Taiwan are estimated to have high growth rate in the market due to the growing healthcare and pharmaceutical industry in these countries.
The detailed insights on the key players’ competitiveness in the gold nanoparticle market is given high importance in the report. The report gives detailed insights on the key business strategies and developments adopted by the key players in the market. The major manufacturers that are profiled in the report are:
- BBI Solutions
- Nanostellar Inc.