According to Emergen Research, the global nanorobotics market size was USD 6.12 billion in 2020 and is expected to reach USD 14.03 billion in 2028 and register a revenue CAGR of 10.9% during the forecast period, 2021-2028.
Increasing use of nanoparticle technology in pharmaceutical sector, rapid incorporation of nanorobots in dentistry for routine cleaning, cosmetics, and teeth whitening, and growing potential of nanotechnology to improve cancer management are some key factors expected to drive market growth
According to Emergen Research, the global nanorobotics market size was USD 6.12 billion in 2020 and is expected to reach USD 14.03 billion in 2028 and register a revenue CAGR of 10.9% during the forecast period, 2021-2028.
Market Dynamics:
Robotic systems have played a major role in extending the reach of human beings in sensing, interaction, manipulating, and transforming the world. Amalgamation of advanced technologies have led to rapid adoption of robotic technologies in medical applications to improve healthcare delivery and patient outcomes. Nanorobotics has tremendous potential for advancing medical diagnosis and treatment attributed to their unique ability to move and carry out complex tasks at small scales. Use of nanorobots intravascularly expands the potential for screening and monitoring of life-threatening conditions and effectively monitoring development and progression of chronic diseases. Nanorobotics are expanding application scope of nanotechnology across all fields of medicine and expanding the number of therapeutic options currently available, while simultaneously improving the efficacy of available treatment and these are some key factors expected to drive market revenue growth over the forecast period.
Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/744
Nanorobotics has enabled development of improved imaging techniques for higher sensitivity in detection of cancer and chronic illnesses, enhanced targeting for drug treatments, decreased adverse side effects of chemotherapy, and enhanced efficacy of antineoplastic therapies. Nanorobotics hold great potential for delivery of drugs with higher degree of precision and speed as compared to other conventional methods of drug delivery. Magnetically guided nanorobots have been widely used for delivering fluorouracil medication for reducing tumor growth in experimental studies by externally triggering the nanorobotic platform to distribute high amounts of therapeutic agent in localized area of tumors. In addition, nanorobots have been used for delivering stem cells to a damaged location for tissue restoration. Nanorobots have the potential to serve as platforms for regenerative medicine and cell-based therapies, in turn, proving to be beneficial in later stages of life when organ failure starts to occur.
Nanorobotics can improve medical diagnosis and treatment and increasing investment to accelerate development of nanostructure engines and design of nanorobots is another factor expected to drive market revenue growth over the forecast period. However, limitations of applications of nanorobotics due to lack of efficient evidence, need for implementation of proper standards to understand advantages of nanorobot therapies, high costs of research and development, and regulatory barriers are some factors that can potentially restrain market growth to a certain extent over the forecast period.
COVID-19 Impact Analysis:
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/nanorobotics-market
Magnetically Guided Nanorobotics Segment Revenue to Support Market Growth:
Magnetically guided nanorobotics segment is expected to register rapid revenue growth over the forecast period attributable to increasing use of magnetically driven nanorobots in biomedical applications and rising advantages of magnetically guided nanorobots such as remote maneuverability and fuel-free propulsion which reduces effects of toxic chemicals on biological tissues and cells. Magnetically guided or actuated nanorobotics are devices with numerous advantages such as quick response, remote and contactless control, high economic efficiency, and harmless human-machine interaction. Development of magnetically guided nanorobots for various biomedical applications such as cell labeling, magnetic drug targeting, imaging, magnetic separation for lab analysis and synthesis, and diagnosis is another factor expected to drive revenue growth of the segment over the forecast period.
Nanomedicine Segment to Dominate Other Application Segments in Terms of Revenue Share:
Nanomedicine segment is expected to account for largest revenue share in the global market over the forecast period attributed to rapid advancements in nanomedicine, growing research and development activities to develop nanoparticles for efficient drug delivery, diagnosis, and in vivo imaging, and rising investment to accelerate development of next-generation nanorobots that can interact and deliver across blood brain barrier without causing damage or toxicity. Rapid advancements in nanotechnology tools for prevention and treatment of diseases, progress in development of effective cancer nanomedicine, and growing research studies to expand application scope of nanomedicine are some other factors expected to contribute to revenue growth of the segment going ahead.
North America to Lead in Terms of Revenue Share:
North America is expected to account for largest revenue share over the forecast period attributable to increasing research and development activities in nanotechnology, growing number of clinical trials to expand application scope of nanorobotics in biomedical field, and increasing application of nanorobotics in targeted drug delivery. In addition, rapid progress in personalized medicine, increasing investment in R&D activities, and presence of key market players in the region are some other factors expected to contribute to revenue growth of the North America market.
Major Companies in the Market Include:
- Bruker
- Oxford Instruments
- Toronto Nano Instrumentation
- JEOL Ltd.
- Imina Technologies
- Klocke Nanotechnik
- Thermo-Fisher Scientific Inc.
- Ginkgo Bioworks
- Agilent Technologies
- Park Systems
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/744
For the purpose of this report, Emergen Research has segmented the global nanorobotics market based on type, application, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Nanomanipulator
- Electron Microscope (EM)
- Scanning Electron Microscope (SEM)
- Transmission Electron Microscope (TEM)
- Scanning Probe Microscope (SPM)
- Atomic Force Microscopes (AFM)
- Scanning Tunneling Microscope (STM)
- Electron Microscope (EM)
- Bio-Nanorobotics
- Magnetically Guided
- Bacteria-Based
Application Outlook (Revenue, USD Billion; 2018–2028)
- Nanomedicine
- Biomedical
- Mechanical
- Others (Space and Oil & Gas)
Custom Requirements can be requested for this Report [Customization Available] @ https://www.emergenresearch.com/request-for-customization/744
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Switzerland
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Israel
- Rest Of MEA
Looking to Purchase Reports in Bundle [Schedule a Call with An Analyst]@ https://www.emergenresearch.com/call-schedule/744
Read Latest Reports Published by Emergen Research:
Decentralized Finance Platforms Market Size, Share, Trends, By Component (Blockchain Technology, Decentralized Applications (dApps), Smart Contracts), By Application (Assets Tokenization, Compliance & Identity, Marketplaces & Liquidity), and By Region Forecast to 2028.
DNA Methylation Market, By Technology (Bisulfite DNA Modification, Others), By Application (DNA Sequencing, Others), By End-Use (Biotechnology Industry, Others), By Product (Enzymes, Reagents, Kits, Others), and By Region Forecast to 2030.
Orthopedics Diagnostic Devices Market Size, Share, Trends, By Product (X-ray Systems, Fluoroscopy, Doppler Ultrasound, Others), By Type (Standalone and Point of Care), By Age Group, By Application, By End User, and By Region Forecast to 2030.
Microbial Bioremediation Market, By Pollutants (Organic Pollutants and Inorganic Pollutants), By Organisms, By Type, By Technology, By Application, By End-use, and By Region Forecast to 2030.
Omega 3 PUFA Market By Type (Docosahexaenoic Acid[DHA], Eicosapentaenoic Acid [EPA], Alpha-Linolenic Acid [ALA] and others), By Source [Marine, Plant], By Application, and By Region Forecast to 2028.
Flexible Organic Light Emitting Diode Market By Technology (Passive-Matrix OLED (PMOLED), Active-Matrix OLED (AMOLED)), By Flexibility Type (Curved Display, Foldable Display), By Application, By End-use, and By Region Forecast to 2030.
Biobetters Market By Drug Class (Erythropoietin biobetters, Insulin Biobetters), By Application (Cancer, Diabetes, Renal, Neurodegenerative), By Route of Administration (Subcutaneous, Oral), By Distribution Channel, and By Region Forecast to 2030.
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Press Release Available @ https://www.emergenresearch.com/press-release/global-nanorobotics-market