Nanorobotics Market Scope
Nanorobotics is a branch of nanotechnology that deals with the engineering, design, and construction of nanorobots. Nanorobots are devices made up of nanoscale or molecular components that range in size from 1 to 100 nanometers. Nanorobots can be made using a variety of methods, including biochips, nuts, bacteria-based nanorobots, and 3D printing, and can be used in a variety of applications, including drug delivery, medical imaging, data storage, health sensors, and replicators. The growth of adoption in nanotechnology, coupled with high expenditure on healthcare, is expected to create a positive impact on the market.
According to AMA, the Global Nanorobotics market is expected to see growth rate of 15.6%The global nanorobotics market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Nanorobotics market throughout the predicted period.
Bruker (United States), JEOL (Japan), Thermo Fisher Scientific (United States), Ginkgo Bioworks (United States), Oxford Instruments (United Kingdom), EV Group (Austria), Imina Technologies (Switzerland), Toronto Nano Instrumentation (Canada), Klocke Nanotechnik (Germany) and Kliendiek Nanotechnik (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Xidex (United States), Synthace (Germany), Park Systems (South Korea), Smaract (Germany) and Nanonics Imaging (Israel).
Segmentation Overview
The study have segmented the market of Global Nanorobotics market by Type (Nanomanipulator {Electron Microscope and Scanning Probe Microscope}, Bio-Nanorobotics, Magnetically Guided and Bacteria-Based), by Application (Nanomedicine, Biomedical and Mechanical) and Region with country level break-up.
On the basis of geography, the market of Nanorobotics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
High adoption of nanorobotics is in surgery, diagnosis and testing, and others. With the growth in the pharmaceutical market, along with rising growth in technology in this industry is creating huge opportunities for Nanorobotics in the market.
Market Growth Drivers:
Rising Government Support and increase in Investment regarding Nanorobotics, Huge Advancements in Molecular Robots and Growing consumer Focus on Nanotechnology and Regenerative Medicine
Challenges:
Commercialization of Nanorobotics Systems
Restraints:
Execution of Excise Tax and Heavy Custom Duty on Nanorobotics in Health Care Industry
Opportunities:
Increasing Opportunities in Emerging Markets, Rising Novel Application Areas of Microscopes and Incorporation of Microscopy with Spectroscopy
Market Leaders and their Expansionary Development Strategies
In May 2019, Ginkgo Bioworks announced the acquisition of Warp Drive Bio, well known for genome mining, for an undisclosed amount. This acquisition will enhance R&D in the development of platforms for use in next-generation antibiotics
In June 2019 - EV Group launched a fully integrated track system that combines cleaning, resist coating, and baking pre-processing steps with the company's proprietary SmartNIL wafer-level nanoimprint lithography process in a single platform for wafers up to 300 millimeters in diameter. It supports the production of a variety of devices and applications, including optical devices for augmented/virtual reality (AR/VR) headsets, 3D sensors, bio-medical devices, nanophotonics, and plasmonics.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Nanorobotics Service Providers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.