Nanotechnology in Medical Applications:

New market research report

The global nanomedicine market reached $63.8 billion in 2010 and $72.8 billion in 2011. The market is expected to grow to $130.9 billion by 2016 at a compound annual growth rate (CAGR) of 12.5% between years 2011 and 2016.

Key findings:

•The central nervous system (CNS) products market reached $11.7 billion in 2010 and $14.0 billion in 2011. It is expected to grow to $29.5 billion by 2016, a CAGR of 16.1% between years 2011 and 2016.

•The anticancer products market reached $25.2 billion in 2010 and $28.0 billion in 2011. It is expected to reach $46.7 billion by 2016, a CAGR of 10.8% between years 2011 and 2016.

Press Release published in January 2012 by Global Information Inc. (GII) to announce the new market research report "Nanotechnology in Medical Applications: The Global Market" by BCC Research.