Nanosensors Market Scope
The purpose of sensors was driven for our needs to monitor and receive information about the surrounding environment on a precise scale. Nanosensor are chemical or mechanical sensors that can be used to detect the presence of nanoparticles and chemical species. These are extremely small devices and are capable of detecting & responding to physical stimuli with the dimensions on order of one billionth of a meter. Nanosensors are widely used in medicinal purpose, and as gateways to building other nanoproducts, such as computer chips. Nanosensors are also used in the detection of chemical, physical and other properties of simple organisms to complex cell organisms. It is used in aerospace & defense- nanosensor pass through the membrane and into the white blood cell to detect early radiation damage or infection. Nanosensors can also be used for the detection of physio-mechanical properties and electromagnetic properties. Nanosensors used in the food industry improve various sub-areas that includes agriculture, air, and water quality monitoring, food processing, and packaging and transport. It is embedded in buildings to monitor the condition of the structure, and the effect of weather and temperature changes. The demand nanosensors is expected to grow in the forecasted period owing to their ability to convey information about nanoparticles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Agilent (United States), Altair Nanotechnologies Inc. (United States), Dionex Corp. (United States), Evident Technologies (United States), Lockheed Martin Corp. (United States), Micro-Tech Scientific Inc. (United States), Nanodevices Inc. (Finland), Thermo Fischer Scientific (United States), OMRON Corporation (Japan), Nanomix Inc. (United States), Honeywell International Inc.(United States), Texas Instruments Incorporated (United States), Samsung Electronics co., Limited (South Korea), Oxonica Limited (United Kingdom), DTect Innovation Pty. Limited (Australia), Systems for Research Corp. (Canada), Nano Detection Technologies Inc. (United States), Affymetrix Inc. (United States), attocube systems AG (Germany), Bayer AG (Germany), BioCrystal Ltd. (United States) and Debiotech S.A. (Switzerland) |
CAGR | % |
The nanosensors market is moderately concentrated with a few key players which have occupied the major market share. The market is in the innovation stage and is expected to enter the growth phase in the forecast period. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Nanosensors market throughout the predicted period.
Agilent (United States), Altair Nanotechnologies Inc. (United States), Dionex Corp. (United States), Evident Technologies (United States), Lockheed Martin Corp. (United States), Micro-Tech Scientific Inc. (United States), Nanodevices Inc. (Finland), Thermo Fischer Scientific (United States), OMRON Corporation (Japan), Nanomix Inc. (United States), Honeywell International Inc.(United States), Texas Instruments Incorporated (United States), Samsung Electronics co., Limited (South Korea), Oxonica Limited (United Kingdom), DTect Innovation Pty. Limited (Australia), Systems for Research Corp. (Canada), Nano Detection Technologies Inc. (United States), Affymetrix Inc. (United States), attocube systems AG (Germany), Bayer AG (Germany), BioCrystal Ltd. (United States) and Debiotech S.A. (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Beijing ALT Technology Ltd. Co., Nippon Hosp Kyokai, Spectra Fluidics, Micro-Tech Scientific Incorporated, Pacific Nano Technologies, Honeywell, MIT and Boeing.
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.
Segmentation Overview
The study have segmented the market of Global Nanosensors market by Type and Region with country level break-up.
On the basis of geography, the market of Nanosensors 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2021,Texas Instruments announced a collaboration with Delta Electronics they release a technology that extends the power of Gallium Nitride (GaN) technology to Delta Electronics' energy-efficient data center server power supply
In January 2018, Omron Healthcare, Inc. unveiled new products in personal heart health technology. The company debuted two devices the Omron HeartGuide, the first wearable oscillometric wrist blood pressure monitor, and the Omron Blood Pressure Monitor + EKG, the first single at-home device in the U.S. that measures blood pressure and EKG.
According to IDF, China and India have the highest total number of people with diabetes (110 million and 69 million respectively), but not the highest prevalence, with China 78th in the world on around 10% prevalence and India 76th with around 9%. Additionally, with the increasing rates of patients who have diabetes, government bodies in various countries are investing in the developments of diagnostics techniques. For instance, the Ministry of Health Labour and Welfare (MHLW) in Japan had granted national reimbursement for the FreeStyle Libre glucose monitoring system in August 2017. This stimulated nanosensors adoption in the healthcare sector.
Influencing Trend:
The emergence of Nanomedicine, One of the Critical Nanosensors Market Trend
Market Growth Drivers:
Stringent Hazards And Safety Legislation For Industries Such As Petrochemicals, Increasing Expenditure for nanosensors in the military and Advanced Electronics Access Control System In Homeland Security as they are used for the detection of radiations and biotoxins and Introduction of Flexible Nanosensors for Wearable Applications
Challenges:
Complexity in Manufacturing Nanosensors, Reducing the Cost of Material and Devices and Improving Reliability
Restraints:
Reluctance of Some Users to Use Nanosensors, due to Conservative Approach Toward Adopting New Technologies and Lack of Standardization
Opportunities:
Growing Awareness and Cost-Effective Manufacturing Of Atomically-Precise Nanosensors
Key Target Audience
Manufacture, Providers, Suppliers and Others