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Global Nanotechnology Market is Expected to Grow at a CAGR of 10% in the Forecast Period of 2020-2025.

According to a new report by EMR titled, ‘Global Nanotechnology Market Report and Forecast 2020-2025’, the global nanotechnology market size reached a value of around USD 1.2 billion in 2019. The market is likely to increase at a CAGR of 10% in the forecast period of 2020-2025.

The global nanotechnology market is being significantly driven by the increasing adoption of the technology in the healthcare sector. The leading field of research in nanomedicine is medication delivery, contributing to more than 75% of scientific publications, and in vitro diagnostics with a share of more than 10%. The European Union nations account for more than 35% of all nanomedicine publications globally, contrasted with 32% for the United States, and 18% for Asia. Research efforts in nanomedicine are propelled by major government funding programs in nanotechnology. Three nations–the United States, Germany, and Japan–have committed themselves to nanomedicine through the establishment of a research-based programme in nanomedicine.

The technological advancements and innovations taking place in the industry are further driving the industry forward. In September 2019, Bruker Corporation (NASDAQ: BRKR), one of the key players in the industry, introduced the Nanoscale Infrared Spectroscopy, along with Chemical Imaging SNOM/AFM Microscopy System, which is equipped with Broadband Femtosecond IR Laser.

Market Analysis by Type, Applications, and Regions:

  • The types of nanotechnology can be divided into nano sensors and nanodevices. Nano sensors can be segmented into optical nano sensors, chemical nano sensors, physical nano sensors, and biosensors, among others. Nano devices are divided into nanomanipulator, nanomechanical test instruments, nanoscale infrared spectrometers, and others.
  • It finds wide applications in electronics, energy, chemical manufacturing, aerospace and defence, and healthcare, among others.
  • The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market is being driven by the rising technological advancements.
  • The increasing adoption of nanotechnology in medical diagnosis as well as imaging is driving the market growth.
  • The increasing support from the government, like increased funding in R&D, is propelling the market growth further.
  • The introduction and rising popularity of self-powered nanotech devices are likely to boost market development.

Key Offerings of the Report:

  • The EMR report gives an analysis of the global nanotechnology market for the periods (2015-2019) and (2020-2025).
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the types, applications, and regional markets of nanotechnology.
  • It assesses the market based on the SWOT and Porter’s Five Forces model.

The major key players in the global nanotechnology market include companies like Altairnano, Applied Nanotechsa, Advanced Nano Products, Bruker Corporation, Biosensors International Inc, Espin Technology, Imina Technology, Kleindiek Nanotechnik GmbH, Nanonics Imaging Ltd, and Thermofisher Scientific Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions and capacity expansions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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