Towards Healthcare
Nanobiotechnology Market to Surge USD 420.2 Bn by 2034

Nanobiotechnology Market Leads with Pharma Innovation

The nanobiotechnology market was valued at USD 172.81 billion in 2024 and is projected to reach USD 420.2 billion by 2034, growing at a CAGR of 9.37%. The report covers segments by material, product type, and end-user, with regional insights across North America (42%), Europe, APAC, Latin America, and MEA. It includes value chain and competitive analysis of key players such as Amcor, Schott, West Pharmaceutical, and Gerresheimer, along with supplier, manufacturer, and trade data providing a clear statistical view of global market trends.

Category: Biotechnology Insight Code: 6359 Format: PDF / PPT / Excel

The global nanobiotechnology market size is calculated at US$ 172.81 billion in 2024, grew to US$ 289 billion in 2025, and is projected to reach around US$ 420.2 billion by 2034. The market is expanding at a CAGR of 9.37% between 2025 and 2034.

Nanobiotechnology Market Size 2024 to 2034

A number of critical factors are necessary for the global nanobiotechnology market to grow robustly. First and foremost, the continuous development of technological innovations constantly tests the limits of creativity. Innovations in nanoscale science and engineering have created previously unheard-of possibilities and encouraged the development of new instruments and techniques in the field of nanobiotechnology. At the same time, increased spending on R&D in a variety of fields has accelerated the development of nanobiotechnology. 

Key Takeaways

  • Nanobiotechnology sector pushed the market to USD 172.81 billion by 2024.
  • Long-term projections show USD 420.2 billion valuation by 2034.
  • Growth is expected at a steady CAGR of 9.37% in between 2025 to 2034.
  • North America captured a major share of approximately 42% of the nanobiotechnology market in 2024. 
  • Asia Pacific is expected to grow at the fastest CAGR during the forecast period.
  • By application, the therapeutics segment captured a major share of approximately 38% of the market in 2024.
  • By application, the instrumentation, consumables & services segment is expected to grow at the fastest CAGR during the forecast period.
  • By platform/material type, the lipid nanoparticles (LNPS) & lipid-based systems segment captured a major share of approximately 34% of the market in 2024.
  • By platform/material type, the exosomes & biological vesicles segment is expected to grow at the fastest CAGR during the forecast period.
  • By end-user/buyer type, the pharmaceutical & biotech companies segment captured a major share of approximately 46% of the market in 2024.
  • By end-user/buyer type, the CDMOs/CMOs & manufacturing service providers segment is expected to grow at the fastest CAGR during the forecast period.
  • By product type/offering, the nano-formulated therapeutics & vaccines segment captured a major share of approximately 40% of the nanobiotechnology market in 2024.
  • By product type/offering, the software/analytics & characterization services segment is expected to grow at the fastest CAGR during the forecast period.
  • By therapeutic area, the oncology segment captured a major share of approximately 34% of the market in 2024.
  • By therapeutic area, the ophthalmology & localized delivery segment is expected to grow at the fastest CAGR during the forecast period.

Quick Facts Table

Table Scope
Market Size in 2025 USD 289 Billion
Projected Market Size in 2034 USD 420.2 Billion
CAGR (2025 - 2034) 9.37%
Leading Region North America by 42%
Market Segmentation By Application, By Platform / Material Type, By End User/Buyer Type, By Product Type/Offering, By Therapeutic Area, By Region
Top Key Players Moderna, BioNTech, Pfizer, Acuitas Therapeutics, Precision NanoSystems (PNS), Evonik/CordenPharma, Lonza Catalent, Thermo Fisher Scientific, Merck/MilliporeSigma, Nanobiotix, Nanospectra Biosciences, NanoString Technologies, Bruker/Malvern Panalytical, Abcam/Bio-reagent suppliers, Cytiva (historically GE Life Sciences), Pall/Sartorius, Exosome/EV specialists, Celgene/BMS & other large pharma, Specialist nano-CDMOs & startups

What is Nanobiotechnology?

Rising demand for nanoparticle-based therapeutics drives the nanobiotechnology market. Nanobiotechnology (nanobiotech) applies nanoscale materials, devices, and engineering to biological problems. It includes nano-enabled drug delivery (lipid nanoparticles, polymeric nanoparticles, nanocrystals), diagnostics and biosensors (nanoparticle labels, quantum dots, plasmonic sensors), nanomaterials for imaging and theranostics (gold nanoshells, silica, iron oxide), nanoformulation & particle engineering for pharma, nanofabricated tissue scaffolds, exosome/nano-vesicle platforms, and enabling instruments & consumables. Applications span therapeutics, vaccines, in-vitro diagnostics, imaging, regenerative medicine, gene & RNA delivery, agricultural biotech, and biosafety/environmental remediation. 

Nanobiotechnology Market Outlook

  • Global Expansion: Due to significant R&D expenditure, North America currently controls the majority of the nanobiotechnology market, but Asia Pacific is expanding at the quickest rate thanks to growing pharmaceutical and healthcare applications. Europe is growing quickly, especially in specialised fields like nanorobots. There is less information available about the development of nanotechnology in Latin America, with particular data pertaining to the mining industry. Markets are expanding in the Middle East, Africa, and Europe (MEA) region, with Saudi Arabia and the United Arab Emirates playing a significant role.
  • Major Investors: Large tech and materials firms like IBM, 3M, and DuPont; venture capital firms that finance early-stage startups; and pharmaceutical companies like Sanofi, Abbott, and Merck are among the major investors in nanobiotechnology. Government programmes and grants are also very important, particularly in areas like Asia-Pacific, Europe, and North America.
  • Startup Ecosystem: Innovation in fields like targeted drug delivery, green synthesis, and advanced biomaterials is driving growth in the dynamic startup ecosystem of nano-biotechnology. Public-private partnerships, government funding, and incubators that offer resources for business development, scientific support, and lab space all contribute to the ecosystem.

What is the Role of AI in the Nanobiotechnology Market?

Recent advances in nanotechnology and artificial intelligence (AI) are revolutionising nanomedicine by offering innovative approaches to improve patient outcomes and therapeutic efficacy. By combining AI and nanotechnology, doctors can analyse enormous volumes of patient data to develop customised medication delivery and diagnostic tools that meet each patient's unique needs.

Segmental Insights

What made Therapeutics the Dominant Segment in the Market in 2024?

By application, the therapeutics segment dominated the nanobiotechnology market with a share of approximately 38% in 2024. According to recent developments in nanotechnology, nanoparticles offer a lot of potential for use in medicine. Nanoparticles are ideal platforms for the target-specific and controlled delivery of micro- and macromolecules in disease therapy because of their ability to form stable interactions with ligands, vary in size and shape, have a high carrier capacity, and provide easy binding of both hydrophilic and hydrophobic substances.

By application, the instrumentation, consumables & services segment is expected to grow at the fastest CAGR during the forecast period. Nanobiotechnology uses highly specialised equipment, supplies, and services to apply nanotechnology's techniques to biological and medical problems. With applications in tissue engineering, targeted medication delivery, and enhanced diagnostics, the area is growing quickly.

Which Platform/Material Type Dominated the Market in 2024?

By platform/material type, the lipid nanoparticles (LNPS) & lipid-based systems segment dominated the nanobiotechnology market with a share of approximately 34% in 2024. The therapeutic potential of nanoparticles as innovative drug delivery methods that supplement traditional pharmacology has been extensively recognised during the last 10 years. Lipid-based nanoparticles (LNPs) are one of these nanomaterials that have attracted a lot of attention in preclinical and clinical research due to their exceptional pharmacological performance and encouraging therapeutic results.

By platform/material type, the exosomes & biological vesicles segment is expected to grow at the fastest CAGR during the forecast period. In order to improve therapeutic treatments and illness prognosis, exosome-based nano-theranostic techniques have so drawn a lot of attention. Exosomes are a special type of nanoparticulate carrier for the transport of pharmaceutical drugs because of their advantageous biopharmaceutical characteristics.

Which End-User Dominated the Nanobiotechnology Market in 2024?

By end-user/buyer type, the pharmaceutical & biotech companies segment dominated the market with a share of approximately 46% in 2024. Nanotechnology is mostly used by pharmaceutical and biotech businesses for targeted medication delivery, enhanced bioavailability, decreased adverse effects, and assistance with drug development and diagnostics. This involves employing nanomaterials to create more accurate diagnostic tools that can identify diseases at an earlier stage and developing nano-carriers, such as liposomes, to deliver medications directly to disease locations.

By end-user/buyer type, the CDMOs/CMOs & manufacturing service providers segment is expected to grow at the fastest CAGR during the forecast period. The pharmaceutical business receives medication research and manufacturing services from CDMOs and CMOs. CDMOs are essential to the efficient and economical introduction of novel medications to the market by biotechs and pharmaceutical corporations.

Which Product Type/Offering Dominated the Market in 2024?

By product type/offering, the nano-formulated therapeutics & vaccines segment dominated the nanobiotechnology market with a share of approximately 40% in 2024. In this new technology, nanovaccines have shown themselves to be a useful piece. Site-specific antigen delivery, enhanced antigen absorption, and a reduced side effect profile are some potential advantages of the nanovaccines. Scientists are developing nanovaccines for a number of uses, including infectious illnesses and cancer immunotherapy.

By product type/offering, the software/analytics & characterization services segment is expected to grow at the fastest CAGR during the forecast period. The complexity of quality control (QC), especially in the pharmaceutical sector, and growing regulatory requirements are driving the expansion of characteriszation, analytics, and software services. The use of cutting-edge technologies like automation, AI, and machine learning is driving fast innovation in this market.

How the Oncology Segment Dominated the Nanobiotechnology Market in 2024?

By therapeutic area, the oncology segment dominated the market with a share of approximately 34% in 2024. The use of nanotechnology in cancer diagnosis and treatment has produced a number of encouraging outcomes, including molecular imaging, drug delivery, gene therapy, detection and diagnostics, drug carriage, biomarker mapping, and targeted therapy. Gold nanoparticles and quantum dots are two examples of nanomaterials developed using nanotechnology that are utilised to diagnose cancer at the molecular level.

The number of cancer cases is expected to increase dramatically during the next thirty years. Due to population increase and ageing, predictions show that there would be 26 million new cases by 2030, over 30 million by 2040, and more than 35 million yearly by 2050.

By therapeutic area, the ophthalmology & localized delivery segment is expected to grow at the fastest CAGR in the nanobiotechnology market during the forecast period. The World Health Organisation (WHO) estimates that over 2.2 billion individuals worldwide suffer from vision impairment, demonstrating the enormous impact that ocular disorders have on both eyesight and quality of life. Therapeutic delivery methods based on nanocarriers have shown promise in extending medication release in ocular tissue and improving drug retention and penetration.

Which Region was Dominant in the Nanobiotechnology Market in 2024?

Nanobiotechnology Market Share, By Region, 2024 (%)

North America dominated the nanobiotechnology market in 2024, with a revenue of approximately 42%. Cutting-edge, innovative nanotechnology-based solutions are more needed across a variety of end-use industries as a result of the region's governments investing more in research and development (R&D). Over the course of the forecast period, it is also expected that growing industrial, IT, and healthcare sectors in countries like the US and Canada would boost market development.

The Rising Collaboration among Key Payers Drives the U.S.

In the biotechnology sector in the United States, collaboration is a crucial tactic. Businesses establish alliances for R&D, risk sharing, and talent acquisition. These partnerships, which aim to speed up research and bring novel treatments to market more quickly, can take place between big and small businesses or between US enterprises and foreign partners like China or India.

US biotechnology research investment rebounded significantly in 2024, approaching pre-pandemic levels with venture capital funding of $15.5 billion for early-stage rounds and $7.6 billion for late-stage rounds.

Rapid Healthcare Expansion Drives the Asia Pacific

Asia Pacific is estimated to host the fastest-growing nanobiotechnology market during the forecast period. The fast growth of healthcare facilities in nations like China, India, and Japan is the main factor driving the market's rise in the Asia Pacific area. The continuous privatisation of the healthcare industry is driving the Asia Pacific market, which in turn is boosting investment in medical technology. Additionally, nations in the Asia-Pacific region are putting more emphasis on precision medicine, which uses nanotechnology to provide individualised and targeted therapies.

Rising Investment in Biotechnology Drives the Market in China

A total of 3,632.68 billion yuan was invested in R&D nationwide in 2024, up 296.97 billion yuan from the year before, or 8.9 percent; the investment intensity of R&D expenditures (as a percentage of GDP) was 2.69 percent, up 0.11 percentage points from the year before. The full-time workload of R&D staff was used to compute the per capita spending, which came to 480 thousand yuan, a 19 thousand yuan increase from the previous year.

Well-Established R&D Facilities Drive the Nanobiotechnology Market in Europe

Europe is expected to grow at a significant CAGR in the market during the forecast period. Established R&D facilities and the strong demand for technologically advanced goods are the primary factors propelling the nanobiotechnology market's expansion. Furthermore, the market for nanobiotechnology in the UK grew at the quickest rate in the European area, while the market in Germany had the biggest market share.

Government Investments Drive The Nanobiotechnology Market in the UK

Research and innovation (R&I) in the UK is highly regarded and ranked highly internationally, and the financing from UK Research and Innovation (UKRI) is essential to its development and upkeep. Just under half of the £20.4 billion the government has promised to spending on R&I in 2025–2026 will come from UKRI.

Nanobiotechnology Market Value Chain Analysis

R&D

In nanobiotechnology, research and development entails creating and synthesising nanoparticles, evaluating their characteristics, testing biological interactions for treatments, diagnostics, or drug delivery, and scaling up for use. 

Key Players: Bruker, Thermo Fisher Scientific, and Evonik Industries. Emerging players like Sona Nanotech and Nanobiotix are also making significant advances. 

Clinical Trials and Regulatory Approvals

Significant preclinical testing, staged clinical studies assessing safety and efficacy, application filing, and agency evaluation (e.g., FDA) on a case-by-case basis are all necessary for regulatory clearance in nanobiotechnology.

Patient Support and Services

Personalised medicine, biosensors for ongoing monitoring, and tailored medication administration are all components of nanobiotechnology patient assistance. Additionally, it incorporates teaching materials and patient participation in ethical and scientific talks to guarantee applications that are safe, efficient, and fair.

Top Vendors in the Nanobiotechnology Market & Their Offerings

Moderna

By employing lipid nanoparticles (LNPs) to transfer messenger RNA (mRNA) instructions into cells for COVID-19 defence, Moderna created the mRNA-1273 vaccination. Rapid and scalable vaccine manufacturing was made possible by this nanocarrier technology.

BioNTech

In collaboration with Pfizer, BioNTech developed the BNT162b2 mRNA vaccine. Their research showed the enormous potential of nanotechnology for the treatment of infectious diseases and cancer by using lipid nanoparticles to transport and preserve mRNA.

Pfizer

Using lipid nanoparticle technology, Pfizer and BioNTech created the COVID-19 vaccination Comirnaty. In order to lessen side effects, their study also looks at the use of nanoparticles in targeted cancer treatments.

Acuitas Therapeutics

The development of lipid nanoparticle (LNP) delivery methods for nucleic acid therapies is the area of expertise for Acuitas Therapeutics. Their technique has uses in a variety of gene treatments and made the Pfizer-BioNTech COVID-19 vaccine possible.

Precision NanoSystems (PNS)

The NanoAssemblr platform, provided by PNS, makes use of microfluidics to facilitate the scalable and repeatable production of nanoparticles, including LNPs for genetic medications. This "nanoparticle factory" speeds up the development of nanomedicine.

Top Companies in the Nanobiotechnology Market

  • Moderna
  • BioNTech
  • Pfizer
  • Acuitas Therapeutics
  • Precision NanoSystems (PNS)
  • Evonik/CordenPharma
  • Lonza Catalent
  • Thermo Fisher Scientific
  • Merck/MilliporeSigma
  • Nanobiotix
  • Nanospectra Biosciences
  • NanoString Technologies
  • Bruker/Malvern Panalytical
  • Abcam/Bio-reagent suppliers
  • Cytiva (historically GE Life Sciences)
  • Pall/Sartorius
  • Exosome/EV specialists
  • Celgene/BMS & other large pharma
  • Specialist nano-CDMOs & startups

Recent Developments in the Nanobiotechnology Market

  • In October 2025, researchers use nanotechnology to remarkably reverse Alzheimer's in mice. The treatment enhances cognitive function, quickly removes harmful amyloid-β proteins, and restores blood–brain barrier function. This discovery, according to researchers, emphasises the significance of vascular health and gives promise for future human treatments by perhaps reducing the course of the disease and improving existing ones.
  • In August 2025, building on the success of life-saving inventions like the Pfizer and Moderna COVID-19 vaccines and other ground-breaking medications based on nanotechnologies, such the anticancer medication Vyxeos®, a ground-breaking UK research project is poised to transform the future of healthcare nanotechnology.

Segments Covered in the Report

By Application

  • Therapeutics: Drug & RNA delivery
    • LNPs for mRNA/siRNA, targeted chemotherapeutic nanoparticles, sustained-release nanoformulations
  • Diagnostics & Biosensors (in-vitro & point-of-care)
    • Nanoparticle labels, lateral-flow enhancements, plasmonic/SPR sensors
  • Imaging & Theranostics (nano-contrast agents, gold nanoshells)
  • Vaccines & Adjuvant Platforms (nano-adjuvants, LNP vaccines)
  • Regenerative Medicine & Tissue Engineering
  • Agricultural & Environmental Nano-bio applications
  • Instrumentation, Consumables & Services (supporting nanobiotech R&D/manufacturing)

By Platform / Material Type

  • Lipid nanoparticles (LNPs) & lipid-based systems
  • Polymeric nanoparticles/PLGA, PEGylated carriers
  • Inorganic nanoparticles (gold, silica, iron oxide)
  • Nanocrystals/nanosuspensions
  • Exosomes & biological vesicles
  • Dendrimers/hybrid nanostructures
  • Quantum dots & advanced labels

By End User/Buyer Type

  • Pharmaceutical & Biotech Companies
  • Clinical Laboratories & Diagnostics Firms
  • Academic & Research Institutions
  • CDMOs/CMOs & Manufacturing Service Providers
  • Hospitals & Imaging Centers

By Product Type/Offering

  • Nano-formulated therapeutics & vaccines
  • Nano-enabled diagnostics & kits
  • Instruments & analytical platforms (microscopy, nanoparticle characterization)
  • Manufacturing consumables (lipids, excipients, single-use assemblies)
  • Software/analytics & characterization services

By Therapeutic Area

  • Oncology
  • Infectious disease/Vaccines   
  • Rare diseases & genetic disorders (RNA therapies)
  • Neurology/CNS delivery
  • Cardiometabolic & other
  • Ophthalmology & localized delivery

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

Tags

  • Last Updated: 24 October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The nanobiotechnology market holds a valuation of USD 189 billion as of 2025, and will expand to USD 420.2 billion by 2034, achieving a CAGR of 9.37% between 2024 and 2034.

North America is currently leading the nanobiotechnology market share by 42% due to rising collaborations among key players to bring advancements in the field.

Some key players include Lonza, Catalent, Thermo Fisher Scientific, Evonik, etc.

Key trends include rising investment in biotechnology, expansion in developing regions, and demand for advanced therapeutics in oncology & rare diseases.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC, GOV.UK, National Cancer Institute.