Technavio Announces the Publication of its Research Report Global Gold Nanoparticles Market 2017-2021
Technavio recognizes the following companies as the key players in the global gold nanoparticles market: BBI Solutions, Cline Scientific, Cytodiagnostics, Goldsol, Meliorum Technologies, nanoComposix, and TANAKA HOLDINGS.Other Prominent Vendors in the market are: Innova Biosciences, Metalor, NanoHybrids, and NanoRods.Commenting on the report, an analyst from Technavios team said: One trend in the market is use of gold nanoparticles for drug delivery in cancer treatment. Gold nanoparticles have been used extensively for synthetic drug delivery to cure malignancies.
The most recent developments in the global gold nanoparticles market reflect their appropriate use in the direct delivery of cancer medication into cancer cells. The drug used for such purposes neutralizes a molecule named telomerase and wards off malignant cells by hindering their escalating growth and rejuvenation.
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According to the report, one driver in the market is increasing demand from commercial applications.
The market has witnessed high demand in the field of dentistry, which has led to a robust growth of the market. Gold nanoparticles are considered as potential osteogenic agents owing to their influence on osteoblast differentiation stimulation.
They are notably used in titanium dental implant surfaces, the demand for which has been driving the global market. Gold nanoparticles are also used as contrast agents in dentistry for the OCT (optical coherence tomography) technique.
The production and development of gold nanoparticles within dentinal tubules and layers to assist in visualizing structures in a non-destructive and non-invasive manner is a new trend in the market.Further, the report states that one challenge in the market is volatility in the prices of gold coupled with inconsistent supply. The global gold nanoparticles market is influenced by the fluctuations in the prices of gold.
An increase in the price of gold nanoparticles production could translate into increased manufacturing costs, thereby, necessitating vendors to invest more in the manufacturing process of gold nanoparticles. In January 2017, the prices of gold reflected $1,187.06 per ounce as against $1,093.87 per ounce in January 2016.
The fluctuations in the prices of gold make it difficult for the manufacturers to fix prices for their products.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Gold Nanoparticles Gold is considered as one of the precious metals on earth. One of the special uses of gold is the manufacture of gold nanoparticles or colloidal gold or nano gold.
Gold nanoparticles refer to particles of gold in a colloidal suspension (any liquid, including water). Usually, the color of the fluid is either red for particles below 100 nm and purple/blue for particles of 100 nm or bigger.
The sub-atomic properties of gold nanoparticles have led to extensive studies pertaining to their applications in several areas including materials science and nanotechnology.Technavios analysts forecast the global gold nanoparticles market to grow at a CAGR of 18.84% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global gold nanoparticles market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
ROWTechnavio's report, Global Gold Nanoparticles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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TANAKA HOLDINGSOther prominent vendors
Increasing demand from commercial applications
For a full, detailed list, view our report Market challenge
Volatility in the prices of gold coupled with inconsistent supply
For a full, detailed list, view our report Market trend
Use of gold nanoparticles for drug delivery in cancer treatment
For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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