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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 2020, 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.
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The major key players in the global nanotechnology market include companies like Altair Nanotechnologies Inc., Applied Nanotech Inc, Advanced Nano Products Co Ltd, Bruker Corporation, Biosensors International Group Ltd., Espin Technology Inc., Imina Technologies SA, and Nanonics Imaging Ltd., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions and capacity expansions.
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