Nanomedicine is the application of nanotechnology in medicine, utilizing nano-sized tools for disease diagnosis, treatment, and understanding disease mechanisms to enhance quality of life. Key applications include drug delivery, imaging, and regenerative medicine, offering targeted treatment with fewer side effects, though challenges such as cost and practicality remain. Various methods for preparing nanoparticles are detailed, including polymerization techniques and emulsification processes, with characterization techniques like SEM, TEM, and AFM used to assess nanostructures.