Magnetic Driven Drug Delivery Technology Market Analysis of Effective Business Strategies 2021-2027

SEATTLE - Sept. 16, 2021 - PRLog -- Nanotechnology-based platforms are gaining significant importance in research and product development, owing to several benefits they offer in terms of drug stability, bioavailability, dosage, and shelf-life.  Various types of nano-carriers or nanoparticles such as liposomes, magnetic particle, dendrimers, silver nanoparticle, silica nanoparticle, and polymeric micelles, carbon nanoparticles, and drug-conjugate nanoparticles are used in different industries to cater to specific needs.

Super-paramagnetic Crystals

Usage of magnetic nanoparticles in healthcare applications began with diagnostics. Magnetic driven drug delivery technology uses an external magnetic field to drive the nanocrystals in the body to the target tumor site. Several researches on this technology have progressed towards achieving the goal of administering the drug to the target site. One of the researches also reflected use of magnetic nano-composite membranes in remotely operated drug delivery device that can aid controlling the drug release.

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Conclusion

Safe and effective drug delivery is a major challenge against the pharmaceutical and biotechnology companies. Nanoparticle drug delivery technology shows promising results for overcoming the issue of multi-drug resistance in antibiotic and cancer therapies. Moreover, advancement in research has enabled controlled and sustained release of drugs to decrease the dosage and provide long term effect of the drug. There is all-together a new wave of innovation in life science sector that delivers medicines at the targeted site in right dose.

A number of studies are being carried out globally on magnetic driven drug delivery technology. However, strong results for FDA approval and high investments are required to commercialize this technology in the near future.

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Key Developments

For instance, in August 2019, researchers from the Massachusetts Institute of Technology developed a nanomaterials-based technique known as remotely controlled chemomagnetic modulation that permits the pharmacological interrogation of targeted neural populations in freely moving subjects. The approach allows drugs to be released at precise times and in specific areas.

Moreover, in September 2018, researchers from Sun YatSen University, China, developed a novel strategy for multimodal visualization of eccentric magnetic microcapsules (EMMs) for potential treatment of hepatocellular carcinoma.

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