The nanoparticles are the particles that consists of al least one dimension I a nano scale.  They differ from the properties of their own macro scale properties. Magnetic particles are the particles whose properties can be deployed on the exposure to a magnetic field. They mainly consist of various applications such as in material science, magnetic fluid recording, biomedicines, catalysis, and others. Moreover, there are different methods of synthesizing magnetic nanostructures such as template assisted fabrication, chemical synthesis, and thermal decomposition.

Market Dynamics

The global magnetic nanoparticles is driven mainly by the presence of application of these particles in different sectors such as in vivo imaging, medical industry for drug delivery, drugs & therapy, nano fluids, biomedicine, and others. Rising research activities is estimated to drive the growth of the market during the forecast period. Additionally, the nano powders and solutions consisting of nanoparticles are largely used in the separating contaminants from water as nanoparticles provide high surface area and recyclability. This has further propelled the research activities in the magnetic nanoparticles market.

Market Classification and Overview

The global magnetic nanoparticles market is segment into product, application, and region.

On the basis of product, the market is segmented into iron oxide nanoparticles and magnetic microspheres.

Based on the application, the market is segmented into electronic, optics, chemical industry, medical industry, and others.

Regional Overview

Geographically, the global magnetic nanoparticles market is bifurcated into 4 major regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).

Asia Pacific is expected to drive the market during the forecast period 2018-2026. This region includes the growing market in the ferrofluid industry with India leading growth, followed by China. Both countries are expected to witness a strong growth in terms of consumption of magnetic nanoparticles. The other factors propelling the growth of the market in this region include availability of cheap labor and favorable government policies.

North America is expected to witness a significant growth during the forecasted period owing to the favorable policies by the government. Rising use of nanotechnology-based devices on the basis of production and application especially in U.S. will further flourish the growth of the market in this region.

Europe is expecting a strong growth during the forecasted period due to the rise in spending in research and development activities to find the cure of different diseases. The increase in demand for the market will further propel the market growth in this region. Additionally, LAMEA is expecting a steady growth rate due to the lack of knowledge and less government support.

Report Coverage

Market Participants

The global magnetic nanoparticles market comprises of some of the major players such as Cathay Industries, NN-Labs, Nanoshel, Nanocomposix, Nanografi, Cytodiagnostics, CAN-GmbH, NN-Labs, Cytodiagnostics, NanoComposix, Nanografi, Nanoshel and Nvigen.

Market Segmentation

By Product

• Iron Oxide Nanoparticles
• Magnetic Microspheres

By Application

• Electronic
• Optics
• Chemical Industry
• Medical Industry
• Others

Market By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA