Nanoemulsion Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

The nanoemulsion market is expected to register a CAGR of nearly 7.2% during the forecast period of 2021-2026.

The COVID-19 outbreak is expected to have a positive effect on the market for nanoemulsions. Nanoemulsions are used extensively as vaccine carriers and adjuvants. In vaccine development, nanoemulsions are used as they offer various advantages like increasing the surface area of an antigen allowing for favorable antigen presentation, slow release of the antigen, and uniform dispersion, and good stability of the vaccine. In a research article appearing in the September 2020 issue of News-Medical.Net, researchers stated that a potential COVID-19 vaccine can include a cationic nanoemulsion-based system. These nanoemulsion systems can produce immune responses that are similar to live attenuated vaccines but do not run the risk of reversion. These developments are likely to affect the market in a positive manner.

The studied market growth can largely be attributed to factors such as the increasing burden of chronic diseases and development of vaccines, rising adoption of targeted therapeutics and image-guided therapies, and the high stability and chemical properties for efficient drug delivery.

Vaccines play a significant role in the treatment of several chronic and infectious diseases, which gained more prevalence in recent decades. An increasing number of biopharmaceutical companies are using nanoemulsion formulations in the development of vaccines. In June 2019, BlueWillow Biologics Inc., a nanotechnology-based vaccine manufacturer, announced that it had received a US patent for an intranasal NanoVax anthrax vaccine. The NanoVax nanoemulsion platform could elicit both a systemic and mucosal response when administered intranasally. This was in contrast with other conventional vaccines are injected (intramuscular) and fail to provide mucosal immunity. The NanoVax platform has also been used to develop vaccines against two strains of genital herpes viruses, HSV1 and HSV2.

The last decade showed several promises, with successful results of nanoemulsion being used as adjuvants for vaccines to treat chronic infections and cancer diseases through targeted therapies. Increasing research projects through institutes, in collaboration with various government funds and companies, are being witnessed, which primarily deal with the improvement of the oral delivery of drugs for the management of chronic diseases. Nanoemulsion provides enhanced transdermal permeation of drugs, which increases the plasma concentration profiles and bioavailability of the drug. In the case of cancer indications, the nanoemulsion and nanoparticle form offers a higher potential of killing the cancer cells, as well as better treatment of cancer, osteoarthritis, and fibromyalgia, among others. With the constant demand for new and improved vaccines, nanoemulsion applications are expected to increase globally and drive the market.

Scope of the Report

With its unique properties, such as small droplet size, nanoemulsion makes an attractive option for application in the pharmaceutical industry. It significantly improves the bioavailability of hydrophobic drugs, where its market is primarily driven by its stability and chemical properties, increasing the adoption of targeted therapies and minimally invasive procedures.

The nanoemulsion market is segmented by application into anesthetics, antibiotics, nonsteroidal anti-inflammatory drugs (NSAIDs), immunosuppressants, steroids, and other applications. By route of administration, the market is segmented into oral, parenteral, and other routes of administration. By geography, the market is classified into North America, Europe, Asia-Pacific, and the rest of the world.

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Key Market Trends

The Antibiotics Segment is Expected to Register a Healthy CAGR Over the Forecast Period

Nanoemulsion formulations are becoming clinically useful as they can provide a substantial advantage over the conventional formulation of antibiotics. This is because the antibacterial activity of antibiotics can be enhanced significantly by dispensing them in a nanoparticle form. Nanoemulsions are used extensively in antibiotic drug deliveries and they have varied purposes. They can act as effective carriers for the bioactivation of antibiotics, helping their administration through various routes such as transdermal, topical, and oral delivery. There is a rising interest in the application of nanoemulsion in antimicrobial properties and effective anti-biofilm agents. This is expected to positively affect the market development during the forecast period.

Rising antibiotic resistance has received increased attention from researchers and companies across the world. However, the rate of new antibiotics released in the market for therapeutic treatment against emerging “superbugs” has been low. A large number of research articles have been published in the Asian Journal of Pharmaceutical Education and Research, 2017 that study nanoemulsions and their antibacterial properties, such as stability and antibacterial properties of erythromycin oil-in-water nanoemulsion against Pseudomonas Aeruginosa, Staphylococcus Aureus, and Streptococcus Pneumonia. With increasing applications in a wide range of antibiotics for treating various diseases and the emergence of better treatment possibilities, the companies that invest in the antibiotics segment are steady. Thus, the success rate and adoption may further determine the growth of this market over the forecast period.

There are various modes for the administration of nanoemulsion-based medicines. Oral and parenteral modes are quite popular, although other methods (for example, through eye droplets) are also popular. Companies operating in the market collaborate for novel product development. For example, in May 2018, Ascendia Pharmaceuticals, a specialty pharmaceutical company, announced a collaboration with KC Pharmaceuticals for the development of over-the-counter (OTC) sterile ophthalmic drop medicines. Initiatives such as these are likely to boost the market growth and development.

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