Global Nanotechnology can be defined as the technology that is utilized with nanoparticles and their applications in different materials. Nanotechnology is used in operating the various medical devices in which various nanomaterials are based on. Nanoparticles are particles of the size on 1-100 nm, and they require nanotechnology to be operated. Nanotechnology can be founded in various examples such as fitness devices, smartphone devices and in healthcare servicing.
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Market Definition: Global Nanotechnology Market
Nanoscience is the study of extremely small things. The development of nanotechnology is being growing in many fields, as it has various applications, such as in chemistry, biology, physics, materials science and engineering. Nanotechnology deals with the use of nanoparticle of size of 1 to 100 nm to be used in all major field of medical. Materials designed from nanotechnology are lighter, stronger and more durable. In oncology research, nanotechnology assists in cancer eradication. Nanotechnology based device are also used in fitness monitoring. Smartphone apps and bracelets are developed based on nanotechnology concept. A nano based device is used to sense the body temperature, heartbeat and others which are sent back to the reader. After analysing the temperature and heartbeat, medical staff monitors the condition. All these nano based devices helps to drive the market. For elder people, battery-free printed graphene sensors are also developed which helps in gathering the health condition of the elder population, enables remote healthcare and improves the quality of life. In diagnostic and prevention, nanotechnology plays a vital role in cancer diagnostics. Nanotechnology based devices can detects the biomarker produced by the circulating tumor cells (CTC’s) on the onset of cancer. Based on nanotechnology, two main methods of circulating tumor cells (CTC) isolations are magnetic and microfluidic methods. In clinical development fluorescent nano sensors are used for in-vivo monitoring of biomarkers. Another application of nanotechnology is nanomedicine which has potential application in diagnosis and therapy medicine for regeneration of tissues and organs.
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Market Analysis: Global Nanotechnology Market
The Global Nanotechnology Market is expected to reach USD 24.56 billion by 2025, from USD 7.24 billion in 2017 growing at a CAGR of 16.5% during the forecast period of 2018 to 2025. The market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Segmentation: Global Nanotechnology Market
- Type – Nano Composites, Nano Materials, Nano Tools, Nano Devices, Others
- Applications – Healthcare, Environment, Energy, Food & Agriculture, Information & Technology, Others
- Industry – Electronics, Cosmetics, Pharmaceutical, Biotechnology, Others
- Geography – North America, South America, Europe, Asia-Pacific, Middle East and Africa
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Key Market Competitors: Global Nanotechnology Market
Few of the major competitors currently working in the global nanotechnology market are Altair Nanotechnologies Inc., Nanophase Technologies Corporation, Nanosys, Inc., Unidym, Inc., Ablynx, ZyvexCorporation, Acusphere, Inc., Chasm Technologies, Inc., PEN, Inc., Bruker Nano GmbH, Advanced Diamond Technologies, Inc., Advanced Electron Beams (AEB), ACS Material, Abraxis, Inc., Bruker, Agilent, Nanosurf AG, Nanoscience Instruments, Hysitron, Inc., Malvern Panalytical among others.
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