Abstract
The purpose of this visiongain report is to examine the commercial prospects
of nanotechnology in medicine - the fast-developing and increasingly lucrative
field of nanomedicine. Nanotechnology has great potential to benefit - even
revolutionise - the pharmaceutical, medical devices, diagnostics and imaging
sectors. Visiongain predicts that nanomedicine will exhibit strong growth in
all sectors from 2006-2011, leading to multi-billion dollar revenues. Key
technology platforms such as nanocrystals, nanotubes, dendrimers, fullerenes,
quantum dots and molecular scaffolding will drive that market expansion.
Nanomedicine 2006-2011 examines the nanomedical sector critically through
comprehensive primary and secondary research, including interviews with key
figures in industry and academia, reports and policy documents, nanotechnology
conference proceedings, business/industry news and consultation with bodies
promoting nanotechnology. Visiongain applied techniques such as financial
forecasting, SWOT analysis and qualitative projections to provide a
comprehensive market report with detailed analyses and informed opinion.
Table of Contents
1. Executive Summary - Nanomedicine Will Constitute One of the Most Exciting and Fast Growing Aspects of Medicine
2. An Introduction to Nanotechnology with Medical Applications
- 2.1 What is Nanotechnology? - An Introduction to this Exciting
Interdisciplinary Field
- 2.1.1 Top-down and Bottom-up Approaches to Nanotechnology
- 2.1.2 Terminology and Definitions in Nanotechnology Are Still Not
Universally Accepted
- 2.1.3 This Report Highlights the Commercial Potential for
Nanotechnology in Healthcare
- 2.2 What Solutions and Improved Performance Can Medical Nanotechnology
Provide?
- 2.2.1 Improving Drug Delivery
- 2.2.2 Biomedical Devices
- 2.2.3 Imaging and Diagnostics
- 2.2.4 Tissue Reconstruction
- 2.3 Nanotechnology and its Applications in Healthcare - An Overview of
Emerging Technologies
- 2.3.1 Molecular Assembly - Is this the Holy Grail of Nanomedicine?
- 2.4 Nano-Level Microscopy and Related Technologies Constitute Important
Tools in Medicine - Particularly Genomic and Proteomic Drug Discovery
- 2.4.1 Scanning Tunnel and Scanning Probe Microscopy
- 2.4.2 Atomic Force Microscopy
- 2.4.3 Cantilever Arrays in Atomic Force Microscopy Have Relevance to
Proteomics
- 2.4.4 Lithography at the Nanoscale - Medical Devices Could Benefit
- 2.4.5 Nanopore Technology Can Detect Single Molecules
- 2.5 Nanoparticles
- 2.5.1 Nanoparticluate technologies with Injectable and Topical
Uses
- 2.5.2 Nanocrystals and Other Nanoparticles in Nanomedicine and
Immunohistochemistry
- 2.5.3 Drug Delivery - Improved Bio-availability through
Nanocrystals and Other Nanoparticles
- 2.5.4 Quantum Dots
- 2.5.5 Bioconjugates Formed from Quantum Dots
- 2.5.6 Dendrimers
- 2.5.7 Nanoshells
- 2.5.8 Magnetic Nanoparticles
- 2.5.9 Gold Colloids
- 2.5.10 DNA Detection Via Nanoparticle-Based Colourimetric Methods
- 2.5.11 Rexin G - An FDA-approved Nanoparticle Delivery System
- 2.6 Improved Detection Sensitivity with Carbon Nanotubes and Nanotube
Matrices
- 2.7 Nanobarcodes
- 2.8 Liposomes
- 2.9 The Use of Fullerenes (Buckyballs) in Drug Delivery
- 2.9.1 Gadolinium in Fullerenes and QDs as MRI Agents
- 2.10 Nanowires
- 2.11 RNA-based Drug Delivery
- 2.12 Nano-enabled Tissue Engineering and Bone Implants
- 2.13 Nanodiagnostics
- 2.13.1 Nanotechnologies with Biochips and Protein Chips
- 2.13.2 Lab-on-a-chip Technology Incorporating Microfluidics and
Nanofluidics
- 2.13.3 Resonance Light Scattering and Surface Plasmon Resonance
Technologies
- 2.14 Nanobiosensors
- 2.14.1 Boron-doped Silicon Nanowires as Biosensors
- 2.14.2 Viral Nanosensors
- 2.14.3 Probes Encapsulated by Biologically Localised Embedding
Nanosensors
- 2.14.4 New Nano-based Biosensor Technologies in Market
- 2.15 Nanoparticles Are Likely to Constitute the Most Successful Aspect of
Nanomedicine from 2006-2011
3. Key Players in the Nanomedical Sector
- 3.1 Key Players in the Current Nanomedical Sector - An Overview
- 3.2 Leading Companies in Nanoparticle Technology
- 3.3 Case Study - Elan Drug Technologies' NanoCrystal Platform
- 3.3.1 Wyeth's Rapamune
- 3.3.2 Merck's Emend
- 3.3.3 Par Pharmaceutical's Megace ES
- 3.4 Leaders in Cancer Therapies Incorporating Nanotechnology
- 3.5 Leading Suppliers of Dendrimer, Fullerene and Nanotube Technologies
for Medicine
- 3.5.1 Starpharma is a Leader in Dendrimer Technology
- 3.6 Leading Diagnostics and Imaging Companies in Nanomedicine
4. Forecasts of the World Nanomedical Market
- 4.1 The World Nanomedical Market Will Exhibit Strong Growth from 2006-2011
- 4.2 The Pharmaceutical Sector Will Contribute the Most Revenues to
Nanomedicine
- 4.3 Nanotechnology Use in Medical Devices Will Also Contribute Heavily to
Overall Revenues in Nanomedicine
- 4.4 The US Will Continue to Lead the World Market for Nanomedicine
- 4.5 Developmental Trends in Nanomedicine with their Timelines
- 4.5.1 Many Important Developments Will Occur Between 2010 and 2020
- 4.5.2 The European Science Foundation Outlines Important Future
Developments in Nanomedicine
- 4.5.3 Drug Discovery and Drug Delivery Are Likely to Benefit Most from
Nanotechnology
- 4.5.4 Diagnostic Applications Will Also Be Major Components of
Nanomedicine
- 4.5.5 Tissue Engineering Will Show Exciting Promise
- 4.6 The US National Science Foundation (NSF) Predicts Spectacular Growth
In Revenues
5. An Analysis of Factors that Influence the Market for Nanomedicine
- 5.1 SWOT Analysis of Nanotechnology in Medicine
- 5.2 The Nanomedical Sector Will Continue To Expand its Presence in the
Healthcare Industry
- 5.3 This Emerging Field Contains Uncertainty and Further Potential for
Controversy
- 5.4 Governmental Funding Constitutes a Major Driver of Nanomedicine
- 5.4.1 The US, European and Japanese Governments are Leading Public
Investors in Nanotechnology
- 5.4.2 The US National Nanotechnology Initiative (NNI) Contributes
Large Amounts of Funding to Nanomedicine
- 5.4.3 The US National Institutes of Health (NIH) Roadmap for Medical
Research Will Secure Continued Public Funding for Nanomedicine
- 5.4.4 Japan is the Second Largest Investor in Nanotechnology
- 5.4.5 The EU is also a Large Sponsor of Nanomedicine
- 5.4.6 European Governments Support Nanotechnological Research
- 5.5 Venture Capitalism in Nanomedicine
- 5.5.1 Nanotechnology is Currently Attractive to Private Investors
- 5.5.2 Nanotechnological Investments Hold Risks
- 5.5.3 Will Nanotechnology Lead to Another High-tech Bubble?
- 5.5.4 Nanomedicine Receives an Estimated 40% of Private Investment
for Nanotechnology
- 5.5.5 Revolutionary Developments in Nanomedicine Will Require Long
Term Investment
- 5.5.6 A Survival-of-the-fittest Process is Emerging in Nanomedical
Investment
- 5.5.7 There is an Urgent Need for Nanomedicine to Justify Large-scale
Public and Private Investment Through Marketable Products
- 5.6 Interdisciplinary Activity Benefits Nanomedicine
- 5.7 Regulatory Issues in Nanomedicine
- 5.7.1 The FDA Uses Standard Risk Management to Assess
Nanotechnological Products
- 5.7.2 The FDA Regulates Products, Not Technology
- 5.7.3 The FDA is Currently Formulating Policy for the Appraisal of
Nanotechnology
- 5.7.4 Nanotechnology Features in the FDA Critical Path Initiative
- 5.7.5 The FDA's Nanotechnology Interest Group
- 5.7.6 The FDA Predicts Regulatory Overlaps Between Pharmaceuticals,
Medical Devices and Biologicals
- 5.7.7 The European Medicines Agency (EMEA) Stance on Nanomedicine
- 5.7.8 Visiongain's Assessment of Regulatory Trends in Nanomedicine
- 5.8 Specific Concerns Relating to the Safety of Nanoparticles in Health
and the Environment
- 5.8.1 Few Conclusive Toxicological Studies Have Been Performed on
Nanomaterials
- 5.8.2 Continuing Uncertainty About Effects of Nano-scale Materials
on Health and Environmental Safety
- 5.8.3 Selenium, Lead and Cadmium Elicit Particular Concerns
- 5.8.4 Concerns Over Fullerenes and Dendrimers
- 5.8.5 Nanoparticles May Cause Pulmonary Damage
- 5.8.6 Ability of Nanoparticles to Penetrate Cells May Constitute a
Double-edged Sword
- 5.9 Societal and Ethical Aspects of Nanomedicine
- 5.9.1 A Balanced Portrayal of Nanotechnology by Governments and the
Media is Required
- 5.9.2 Nanomedicine Has the Potential to Change the Way Medicine is
Practised
- 5.9.3 Ethical Concerns Relating to Nanomedicine
- 5.9.4 Communication with All Relevant Stakeholders is Required
- 5.9.5 Nanomedicine Cannot Afford to Repeat the PR Mistakes of
Biotechnology
- 5.9.6 The Healthcare Industry Needs to Promote Nanomedicine to
Society in a Credible, Transparent Manner
- 5.9.7 Civil Liberties and Benefits to the Developing World
- 5.9.8 Is Nanotechnology Actually Required in Medicine?
- 5.10 Will Nanomaterials Have Enough Stability for Use as Effective
Therapies?
- 5.11 Nanomedicine Benefits from Networks and Organisations that Promote
Nanotechnology
- 5.12 Low Yields and High Costs May Hinder Nano-scale Manufacturing In the
Short to Medium Term
6.Commercial Aspects of the Nanomedicine Business Models
- 6.1 Pipeline Developments in Nanomedicine are Increasing Rapidly
- 6.2 Acquiring Nanomedical Technology Platforms from External Sources is
Prevalent
- 6.2.1 Quantum Dot Corporation
- 6.2.2 Elan's NanoCrystal Technology
- 6.2.3 Invitrogen Acquires Nanotechnology Providers
- 6.2.4 Starpharma - A Leader in Dendrimer Technology
- 6.3 Careful Assessment of Technology Suppliers is Vital in Nanomedicine
- 6.4 Is the Pharmaceutical Industry Under-investing in Nanotechnology
Compared with Other Leading Industrial Sectors?
- 6.5 Large Companies Are Often Risk-Averse: This Can Make Them Less
Innovative and Adaptive to the Market
- 6.5.1 Cultural Gaps Between Healthcare Corporations and Smaller
Technology Providers Can Be a Problem
- 6.5.2 Start-up Companies Must Overcome Many Obstacles - Especially
Securing Funding for Expansion
- 6.6 Intellectual Property Protection Will Be Vital to Success in
Nanomedicine
- 6.6.1 Patent Offices Inundated by Patent Applications in Nanomedicine
- 6.6.2 Patenting Pools May Be the Answer
- 6.6.3 Pre-emptive Activities Benefited Elan and Baxter
- 6.6.4 Lack of Uniformity in Nanotechnological Terminology Causes
Potential IP Problems
- 6.6.5 Broad Patent Claims Provide First-mover Advantages in
Nanomedicine
- 6.6.6 Affymetrix Maintains First-mover Advantage
- 6.6.7 The Bayh-Dole Act Should Benefit Nanomedicine in the US
- 6.6.8 IP in Nanomedicine - Visiongain's Conclusions
- 6.7 Experts' Views on Commercial Issues in Nanomedicine
- 6.7.1 Companies Need to Look for "Killer" Applications for
Nanotechnology in Medicine
- 6.8 Are Partnerships With Academia Working Well Enough in Nanomedicine?
- 6.9 Industrial Scale-up of Nanomedical Technology Will Constitute a
Great Challenge
7. Conclusions - Nanotechnology Holds Great Promise for the Healthcare Industry with Expanding Investment, Revenues and Development
- 7.1 Nanotechnology Holds Great Promise in Healthcare
- 7.2 The World Nanomedical Sector Will Achieve Strong Growth from
2006-2011
- 7.3 Despite Rapid Growth, Nanomedicine is Still in Its Infancy
- 7.4 Drivers in Nanomedicine Will Exert a Strong Positive Effect on the
Market
- 7.5 There is Still Some Uncertainty and Potential Controversy Surrounding
Nanomedicine
- 7.6 Nanomedicine Benefits from Large Amounts of Public and Private Funding
- 7.7 Sound IP Strategies Will be Vitally Important to the Continuing
Success of Nanomedicine
- 7.8 Regulatory Issues Have Not Constituted a Problem So Far, But Policies
Are Still Developing
- 7.9 Various Business Models Are Used in Nanomedicine