The advancement of cutting-edge nanomaterials for biomedical applications has gained significant attention in materials physics [1]. This research focuses on the synthesis, characterization, and versatile applications of magnetite-based nanoparticles, nanorings, and nanotubes, specifically engineered for biocompatible drug delivery and cancer treatment using magnetic hyperthermia [2]. The successful fabrication of these nanostructures was verified through X-ray diffraction (XRD) and Transmission Electron Microscopy (TEM). XRD analysis confirms their crystalline structure, while TEM imaging provides insight into their distinct morphological characteristics. To assess their magnetic properties, magnetization measurements were carried out, revealing the superparamagnetic nature of the magnetite nanorings and nanotubes—an essential feature for targeted drug delivery and hyperthermia based therapies [3]. Additionally, Magnetic Hyperthermia experiments were conducted, demonstrating the potential of these nanostructures for localized cancer treatment. Their ability to efficiently generate heat under an external magnetic field at clinically relevant frequencies highlights their promise for cancer therapy via magnetic hyperthermia.