Background: Nanomedicine, defined as the application of nanotechnology for the prevention,
cure and diagnosis of diseases, has emerged as one of the most exciting tools in the medical
field for direct benefit to human health. Nanomedicine aims to engineer the materials at nanoscale
to develop new drugs, delivery systems in a way to mimic or understand the cellular processes
at molecular level for therapeutics of diseases. Based on their applications, nanomedicines
include nano drug delivery systems, nano-diagnostics, nano-theranostics, and nano-medical implants.
Objectives: The current manuscript will provide a global scenario about different nanomedicines
and their applications, the overall market, and the ongoing developments in their regulation by different
Discussion: The different properties displayed by materials at nano-scale in terms of size, chemical
reactivity, solubility, mobility, magnetic and optical properties open the ways for their utilization
in the field of medicine. The Food and Drug Administration (FDA) has approved products using
nanotechnology under different product categories. The last two decades have seen a tremendous
growth in the development of nanomedicine-based products in global regulatory markets
particularly in the area of drug delivery systems and diagnosis.