Global Nanotechnology Market Projected to Show Strong Growth by 2025

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.

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.

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Competitive Analysis: Global Nanotechnology Market

The global nanotechnology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of absorbable and non-absorbable sutures market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Nanotechnology Market

Some of the major players operating 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.

Market Segmentation: Global Nanotechnology Market

The global nanotechnology market is segmented based on product type, application, industry and geographical segments.

• By Product Type (Nano Composites, Nano Materials, Nano Tools, Nano Devices, Others), By Applications (Healthcare, Environment, Energy, Food & Agriculture, Information & Technology, Others), By Industry (Electronics, Cosmetics, Pharmaceutical, Biotechnology, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
• Based on product type, the market is segmented into nano-composites and nano materials, nano tools, nano devices, and others. Nano-composites are further sub segmented into nanoparticles, nanotubes and nano clays. Nano materials are further sub-segmented into nano fibers, nano ceramic products and nano magnetics. Nano tools are further sub-segmented into nanolithography tools and scanning probe microscopes. Nanodevices are further sub-segmented into nanosensors and nanoelectronics.
• On the basis of application, the market is further segmented into healthcare, environment, energy, food & agriculture, information & technology and others.
• Based on industries, the market is segmented into electronics, cosmetics, pharmaceutical, biotechnology and others.
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Major Market Drivers and Restraints:

• High technological advancements and applications of nanotechnology
• Rising R&D activities of major players in the field of nanotechnology
• Rising demand of nanotechnology based devices or equipment
• High cost of Nano based devices
• Lack of skilled professionals

Reasons to Purchase this Report

• Current and future of global nanotechnology market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.