Gold Nanoparticles Market Size, Share & Trends Analysis Report By End Use (Medical & Dentistry, Electronics, Catalysis), By Region, And Segment Forecasts, 2019 - 2025

Industry insights

The global gold nanoparticles market demand was 1513.8 kilos grams in 2018. Increasing the use of metal nanoparticles in medical and dentistry, particularly in target imaging and diagnostics is majorly driving growth. The rising scope of application in medical imaging due to intrinsic properties is also expected to positively influence the growth.

Metal nanoparticles possess exceptional properties, such as great absorption with less interference of bone and tissue, high scattering ability, and strong optoacoustic signals for applications in the medical sector. Nanoparticles are also being widely accepted in targeted cancer imaging and therapy owing to selective accumulation in tumor cells and high biocompatibility.

The growing diagnostics industry in North America is expected to lead the regional market. High demand for nanotech products in medical diagnostics coupled with rising demand for metal nanoparticles in tumor detection and improved drug delivery systems is also expected to positively impact the regional demand for gold nanoparticles over the forecast period.

Moreover, rising spending on R&D activities and innovations in nanoparticle technology is also expected to propel the North American market. Rise in disposable income of consumers and their inclinations towards improved medical treatment and rising awareness for quick diagnosis and fast recovery is also contributing to the gold nanoparticles market growth in the region.

Extensive R&D in gold nanotechnology has increased its scope of application in glass technology, pharmaceuticals, photometry, and electronics, among others. Nanoparticles made of gold and silver are being used to alter and improve the pharmacodynamic and pharmacokinetic properties of different drug molecules, thereby driving the market.

Increasing demand from the electronics industry and use in niche applications like gold nanowires (biosensors) are also driving the market. Nonetheless, strict regulations by regional or national government authorities for use of nanomaterials in different products due to health, environmental, and safety issues are also restraining the market.

End-Use Insights

The medical and dentistry segment was valued at USD 1.43 billion in 2018 and is expected to expand at a significant CAGR by 2025 due to the growing application of nanomaterials in medical imaging, therapeutics, and diagnostics. Moreover, increasing funding for R&D for drug delivery systems and cancer targeting nanoparticle technology is also driving the growth.

High demand for nanotechnology-based therapeutics and diagnostics in the medical industry is augmenting the demand for gold nanoparticles. Improvements in medical imaging and nanomedicines are driving the demand for quality and superior products. Additionally, growing awareness for metal nanoparticles is also expected to fuel the market in near future.

The electronics segment is predicted to expand at the fastest CAGR of 13.2% during the forecast period owing to the high demand for compact storage devices and increasing the use of nanotechnology in photovoltaic cells. Furthermore, increasing the use of nanomaterials in nanowires for biosensors is also driving the segment.

Nanoparticle printing inks are widely used in USD drives, CDs, DVDs, and internet dongles. Gold nanoparticle inks are also used in photovoltaic cells, photo-sensors and detectors, and thin-film transistors. Moreover, the growing application scope in photovoltaic cells is also expected to drive the market over the forecast period.

Enhancements in catalytic technology along with growing demand for ‘green label’ catalysts with better selectivity and activity is driving the market in North America. Furthermore, huge R&D investments by individual nanotechnology organizations and universities are expected to propel the regional demand in the forthcoming years.

Increasing supportive initiatives by the government of emerging economies like China and India to facilitate FDI flow in the chemical domain is positively impacting the market growth. Moreover, increasing awareness and acceptance of gold nanoparticle catalysts over traditional metals, such as palladium and platinum is also contributing significantly to the market.

Regional Insights

North America was estimated at USD 919.0 million in 2018 and is expected to expand at a healthy CAGR of over 11% by 2025 due to the presence of a well-established healthcare sector in the region. Additionally, growing investments in R&D activities are expected to boost the market in the forthcoming years. Researchers are introducing products that can attract and destroy viruses in the human body. These products will imitate human body cells and cure antimicrobial diseases. Various materials are being introduced for treating skin aging diseases, which is benefitting the medical sector, thereby driving regional growth.

Europe is predicted to expand at a CAGR of 10.0% by 2025 owing to increasing healthcare spending and innovations in in-vitro therapeutics and diagnostics. Moreover, potential demand from Europe due to growing medical and healthcare domain is expected to contribute to the regional growth.

Increasing the application scope of nanoparticles in the making of glass tinting, photovoltaic plates, and fruit protection is an opportunity for the market players. Furthermore, growing niche applications, such as nanowires, fruit, and vegetable protection will also create opportunities for the market in near future.

Gold Nanoparticles Market Share insights

The prominent players profiled in the market comprise Beijing Deke Daojin Science & Technology Company; Nano Werk LLC.; Cytodiagnostics; Goldson; BBI Solutions; NanoHybrids Corp.; nano Composix; Nanosphere; Nanostellar; Tanaka; Nanopartz Inc.; Metalor; NanoRods LLC; Innova Biosciences; Solaris Nanosciences; Sigma Aldrich; NanoBio Chemicals India Pvt. Ltd.; and Appolo Biolife.

Report Scope

Segments Covered in the report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global gold nanoparticles market report based on end-use and region:

• End-Use Outlook (Volume, Kilo Grams; Revenue, USD Million, 2014 - 2025)

  • Medical

  • Electronics

  • Catalysis

  • Other

• Regional Outlook (Volume, Kilo Grams; Revenue, USD Million; 2014 - 2025)

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • Russia

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa