Materials Science and Nanotechnology

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Market Analysis - Materials Science and Nanotechnology (2019) Volume 3, Issue 2

Market Analysis on Nano Medicine and Nano Technology

Paolo Di Sia

Professor, Department of Physics, University of Padova, Italy, Email: [email protected]

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Nanotechnology 2020 invites attendees, presenters & exhibitors all over the globe to, Bangkok. The organizing committee is to construct for more exciting and informative conference program this year also which includes plenar lectures, Presentations, workshops on a variety of subjects, poster presentations, video presentations and many different programs for participants from all over the Globe. We are Glad to invite you all to join & register for the 5th International Conference on Nano Medicine and Nano Technology Bangkok, Thailand on April22-23, 2020

Nanotechnology includes fields of science as diverse as molecular nanotechnology, Nano Computational Modeling, Polymer Nanotechnology, DNA Nanotechnology, Nano Robotics, Assembly and Automation, Nanotechnology in Tissue Engineering, Nanotechnology in Water Treatment, Scope of Nano Materials. The technology finds applications in manufacturing industries such as medicine & healthcare, environment, ICT, energy, Nano-EHS, and others.

According to the International Trade Center (ITC), the trade of semiconductors including the diodes and transistors was evaluate the value at $119.02 billion in 2018[2] This also throw back with the booming semiconductor trade that had a valuation of $420 to $430 billion as of 2018, and the demand for semiconductors is going to observe a CAGR of 10% to 12% over the forecast period 2019-2025. Similarly, other electronic products that utilize nanotechnology are witnessing a balanced extension in terms of revenue. A key appeal of nanotechnology is found in electronics and semiconductor products segment, which is approximate extension to at a substantial CAGR of 15.01% through to 2025.

The utilize of nanotechnology in the healthcare zone has created some exciting possibilities for the vendors in the nanotechnology market. Nanotechnology is predominantly used in drug delivery as nanoparticles help to transport drug and other substance to specific cells in human bodies. The advancing utilize of nanotechnology in drug development is only going to witness a growth in the future, and it is wholly evident in the fact that 7000 new compounds are under implementation along with 56 new pharmaceuticals as mention in the 2017 announce by International Federation of Pharmaceutical Manufacturer Association (IFPMA)[3]. It is also used in the diagnostic techniques and anti-bacterial treatments because gold nanoparticles combine with infrared light have an ability to kill the bacteria. Furthermore, electricity produced by Nano-generators that are drained by patients can decrease blood loss and heal the wound faster. These manifold applications of nanotechnology in healthcare that also include application in cell repair are going to discern most distant developments, which will support the nanotechnology market.

Owing to the industrial growth and regulations concern to the wastewater that is applied in the industries, wastewater treatment industry has been obtain a lucrative prominence. Evidently, wastewater is behave towards through membranes, which are utilize in wastewater treatment plants, and since, the numbers of wastewater treatment plants are on the rise, it is more distant driving the growth anticipation of nanotechnology market. Industries are also incorporating Nano-EHS for finer safety, which happens to be one of the lucrative applications of nanotechnology.

We are also found to be eco-friendly, and with the growing concern to rescue the environment, nanotechnology is recycled to make such outcomes. The environmental implementation of nanotechnology is generating further golden opportunity for the vendors in the nanotechnology market.

Nanotechnology is used to harness solar energy and to grow its efficiency in organization using PV cells. The solar PV market is booming due to the incremented command for solar energy in different countries belonging to Europe, North America, and APAC. Furthermore, Africa solar energy market is poised to see a definite development in the future. The usage of nanotechnology in solar energy sector is expected to provide opportunities in the nanotechnology market.

The time ahead is set to see a noticeable extension in the application of nanotechnology in the building medium. A nanomaterial called aerogel which has silica nanoparticles is preparing up for the accomplished insulating material nearly new in the construction industry. Furthermore, the manufacturing procedure of cement tends to greater CO2 emissions, but the cement industry is leveraging nanotechnology in order to decrease the same. Nanotechnology is also poised to have a substantial impact and development on the glass industry which will recreate more opportunities in the nanotechnology market.

The current nanotechnology market trends are Nano scale sensors, Nano devices, Nano chips, Nano electronics structural integrity and performance of bridges, tunnels, rails, parking structures, and pavements can be monitored by Nano scale sensors and devices Nanotechnology is the study of nanoparticles and devices, which find their application across all the science fields such as chemical, bio-medical, mechanics, and material science, Physics and many others. Streams in adoption of nanotechnology in medical diagnosis & imaging, technological advancements in nanotech devices, In addition, the growth is expected to be affected by high cost of technology, increase in support and Research Nanotechnology is emerging as self-powered nanotech devices.

Nanotechnology market growth However, the issues such as environmental, health, and safety risks, and concerns relating to nanotechnology commercialization are expected to hamper market growth.

The latest development of nanotechnology has led to the innovation of opportunities in the field of Nano robots for targeted drug delivery and disease treatment. Additionally, our research identifies that investment opportunities in the pharmaceutical industries. Nanotechnology is witnessing immense support by governments and technology firms who are making high investments in developing nanotechnology, leading to an increasing chance of Nano pollutants, causing Nano toxicity.

The time ahead is set to see a noticeable extension in the application of nanotechnology in the building medium. A nanomaterial called aerogel which has silica nanoparticles is preparing up for the accomplished insulating material nearly new in the construction industry. Furthermore, the manufacturing procedure of cement tends to greater CO2 emissions, but the cement industry is leveraging nanotechnology in order to decrease the same. Nanotechnology is also poised to have a substantial impact and development on the glass industry which will recreate more opportunities in the nanotechnology market.

Different countries are adopting strategies to improve the technological market the above chart shows the percentage of Nanotechnology market analysis.

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