Prominent Players in the Global Nanobots/Nanorobots Market are Zymergen, Synthace Limited, Ginkgo Bioworks, Imina Technologies SA., Kleindiek Nanotechnik GmbH, Thermo Fisher Scientific Inc., and others.
Pune, India, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Nanobots/Nanorobots Market Overview:
Market Research Future (MRFR) studied the worldwide Nanorobots Market 2020 through the review period till 2025. As per MRFR study, the global nanobots market can expand at 11.73% CAGR to touch USD 8,685.7 Mn by 2025.
Healthcare Sector to Play Key Role in Nanobots Market Rise
The growing application of nanobots to perform complicated tasks and curb human errors in critical sectors, such as; healthcare industry, can favor the market expansion in the near future. Researchers from the University of New South Wales (UNSW) have solved dimension-related issues in DNA nanobots. Latest studies in DNA nanotechnology supports the large-scale utility of nanobots in the healthcare field. Tech giants and reputed healthcare suppliers are observed to enter into partnership to fund research and development undertaking pertaining to nanobots. These players are driven by the long-term steep returns that the nanobots technology is observed to promise. In addition, the ingression of nanobots to perform miniscule task, such as; targeted delivery of drugs to cancer cell, and position small electrical components, is also observed that is identified to back the rise in popularity of nanobots. Biomedical applications of nanobots are observed to gain traction in recent times. These causes are observed as growth inducers for the global nanobots market in MRFR analysis.
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Innovations in genome mining domain due to extensive research by some players can underpin the market growth. Acquisitions, development of platforms for researching next-generation antibiotics, and growing awareness about utility of sequencing, synthetic biology, bioinformatics, and other technologies can benefit the market in the years to come. Alongside, the growing focus of players in natural product discovery and diversification, with production purposes can support the market growth in the near future.
Key Market Players profiled in the report are:
Imina Technologies SA.
Thermo Fisher Scientific Inc.
Upgradation of Defense Technology to Benefit Nanobots Market
Nanobots are also likely to exhibit effectiveness in the defense sector. A projected funded by the Air Force Office of Scientific Research and Army Research Office in the US, studied nano-scale legged robots. These tiny machines are capable of moving when power by laser that can prove beneficial in battlefield. The upsurge in militant activities is creating the need to upgrade technologies deployed for nation security. Thus, governments across the globe are noted to promote and support nanotechnology developments.
Companies Invest in New Launches Amidst COVID 19 Pandemic
Muse Nanobots, an India-based tech startup, rolled out a nanotech coating for textiles. This product claims it could inactivate coronavirus within contact span of five minutes.Muse nanocoated textiles is declared to offer enhanced protection to people while travel and can offer great safety to frontline healthcare professionals, along with workers in restaurant and hotels. The high manufacturing price of nanobots is expected to limit the market growth along the forecast tenure. However, the ongoing research and technology advances in molecular robotics to release affordable solutions can counter the market slow-down.
Browse In-depth Market Research Report (151 pages) on Nanobots/Nanorobots: https://www.marketresearchfuture.com/reports/nanobots-market-1301
The segment study of the global nanobots market is done by product type and application. The product type-based segments of the nanorobots market are bio-nanorobotics, nano manipulator, and magnetically guided nanobots or nanorobots among others. The nanomanipulators segment can hold the maximum market share of about 34.4% in the forecast tenure. The application-based segments of the global nanorobots market are biomedical, and nanomedicine among others. As per MRFR analysis, the nanomedicine segment can register nearly USD 2,159.61 Mn by 2025.
The understanding of the regional progress of the global nanobots market to identify potential growth pockets across the world, is done for the Americas, Europe, and AsiaPacific, following the Rest of the World.
The Americas is likely to hold command, with the largest market share, in the analysis period. The escalation in R&D associated with nanorobots can contribute to the rise of the market. The expansion of patient pool suffering from hematologic disorders can contribute to the market rise. In addition, the presence of major developers of nanobots in the region, dedicated to investigate formulations for oncological disorders, can boost the market upsurge in the region.
Europenanobotsmarket is studied across Western EUand Eastern EU. MRFR findings states that EU market is observed to rise at rapid pace and can secure the second-largest market share. The surge in investments made by both government and private nanobots key players in the healthcare industry can favor the market.
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The nanobots market in AsiaPacific region is likely to hold significant share of the worldwide market by 2025. Development of healthcare sector, technology, and the availability of immense growth opportunities in the market can benefit the market. The emergence of several small scale and medium-sized companies with private and public grants for research activities can also provide the market rise. The increase in adoption of automation system, the availability of significant resource, and the rise in production of industrial robotics can add to the market upsurge.
The nanobots market in the Middle East and Africa, and the Rest of World (RoW), can exhibit a slow growth due limited availability and access to treatment facilities can support the market surge. Limited developments in the technology field can restrain market rise in the analysis period.
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