According to a new report, published by KBV research, The Global Nanotechnology Market size is expected to reach $32.2 billion by 2030, rising at a market growth of 32.3% CAGR during the forecast period.
The Nanodevice segment dominated the Global Nanotechnology Market, By Type in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.4 billion by 2030. Nanodevices have shown significant potential in healthcare and medical applications, such as targeted drug delivery, imaging, diagnostics, and regenerative medicine. These applications have garnered substantial interest and investment, leading to an enormous market share for the segment. As technology continues miniaturizing, nanodevices become indispensable for maintaining and improving device performance.
The Biotechnology segment would exhibit a CAGR of 33.3% during (2023 - 2030). Nanotechnology has made significant contributions to the field of biotechnology, offering innovative solutions and tools that have the potential to transform the way biological research is conducted and the way diseases are diagnosed and treated. Integrating nanotechnology into biotechnology has opened numerous possibilities for more effective diagnostics, treatments, and therapies. It allows for manipulating and controlling biological processes at the nanoscale, providing the potential for more precise and less invasive medical interventions.
The North America region dominated the Global Nanotechnology Market, By Region in 2022; thereby, achieving a market value of $11.7 billion by 2030. The Asia Pacific region is exhibiting a CAGR of 33.2% during (2023 - 2030). Additionally, The Europe region would register a CAGR of 32% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/nanotechnology-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Fujitsu Limited, Bruker Corporation, Thermo Fisher Scientific, Inc., Bayer AG, Infineon Technologies AG, Advanced Nano Products Co., Ltd (ANP CORPORATION), Kleindiek Nanotechnik GmbH, Altair Nanotechnologies Inc. (YinLong Group), Nanonics Imaging Ltd, eSpin Technologies, Inc.
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