The Growth of Medicine Segment is Expected to Boost the Demand in the Global Nanorobotics Market

Published: Jan 2022

The global nanorobotics market is anticipated to grow at a substantial CAGR of 11.4% during the forecast period (2021-2027). The immense application of nanorobotics in the medical industry is one of the primary factors that drive the global nanorobotics market growth. Nanorobots serve as antiviral or antibodies agents in patients enduring from disease or with compromised immunity or diseases that do not respond to ordinary treatment methods. On coming in contact with the target cells, the Nanorobots extract the pharmaceutical drug which affects demolishing the transmuted cells. The rising acquiring of nanotechnology in the healthcare sector is because the Nanoscale elements can function much faster than the huge components. 

Browse the full report description of "Global Nanorobotics Market Size, Share & Trends Analysis Report by Type (Nanomanipulators, Bio-Nanorobotics, and Others), and by Application (Medicine, Biomedical, Mechanical and Other) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/nanorobotics-market

Furthermore, many nanomedicines and nanoparticle drugs have received Investigational New Drug (IND) acceptance from the FDA are undergoing clinical trials. Although some are intended to enhance the performance of existing chemotherapy drugs, as with Abraxane and Doxil, others permit the use of potent compounds that are too dangerous or inappropriately biocompatible for use without the pharmacokinetic advantages conferred by the nanoparticle packaging. For Instance, in December 2021, the Maharashtra Institute of Medical Education and Research (MIMER), Pune has launched a nanorobot that is arranged to capture and isolate circulating tumor cells. The tool is anticipated to lead to a new quick and exact diagnostic method for cancer. Further, the engineered nanobots that can move through the body and administer medications with accuracy have gotten a lot of attention in recent years. Researchers at IIT Guwahati developed teapots, nanobots made from tea extracts that can be used as biocompatible medicine delivery agents, in December 2019. 

Besides, in September 2019, researchers from Michigan State University developed a new method for monitoring chemotherapy concentrations using magnetic particle imaging, which uses super-paramagnetic nanoparticles as the contrast agent and the sole signal source to handle the release of the drug inside the body at the tumor site. Nanobots are utilized to target difficult-to-reach areas of cancerous tumors, perhaps increasing the chances of successful chemotherapy.

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o By Type

o By Application

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

    • Competitive Landscape- Bruker Corp, Ginkgo Bioworks, EV Group, Imina Technologies SA, JEOL Ltd., and others.

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How players are addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global Nanorobotics Market Report Segment

By Type

    • Nanomanipulators

    • Bio-Nanorobotics 

    • Others

By Application

    • Medicine

    • Biomedical

    • Mechanical 

    • Other

Global Nanorobotics Market Report Segment by Region

North America

    • United States

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

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