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Nanotechnology Services Market 2023 - By Industry Share, Top Players, Business Opportunities, Future Growth And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Nanotechnology Services Global Market Report 2023 identifies rise in investments from governments and companies in the field of nanotechnology as the major driver for the Nanotechnology Services market's growth in the forecast period. For instance, the investments under the National Nanotechnology Initiative (NNI) in US, a President's 2021 Budget requested over $1.7 billion for the National Nanotechnology Initiative. Similarly, in 2020, National Institutes of Health (NIH), invested around $445 million in nanomedicine.
The global nanotechnology services market size will grow from $183.59 billion in 2022 to $203.16 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nanotechnology services market size is expected to grow to $291.05 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Nanotechnology Services market are AdvanceTEC, Abbie Gregg, Inc. (AGI), BREC Solutions Limited, Cambridge Innovation Consulting (CamIn).
A key trend in the Nanotechnology Services market includes increasing application in the healthcare industry. Nanotechnology services can be used to innovate new generation of diagnostic and therapeutic modalities for important diseases. For example, in January 2023, ENTOD Pharmaceuticals, an India based pharmaceutical company, launched its new ocular aesthetic range focused on improving eye comfort and enhancing the aesthetics of the eyes. The Eyecirque range consists of the nanotechnology-based gel serum, under-eye skin brightening and anti-ageing tablets, lubricating eye drops and essential eye supplements.
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The Nanotechnology Services market is segmented -
• By Service: Research And Development, Information Tracking, Technology Scouting, Standardisation, Regulation Briefings, Other Services
• By Application: Pharmaceuticals, Medical Equipment, Food and Beverages, IT, Other Applications
• By Provider: Large Enterprise, Small and Medium Enterprise
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Nanotechnology Services market.
The Business Research Company's "Global Nanotechnology Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nanotechnology Services Market Include:
1. Executive Summary
2. Nanotechnology Services Market Characteristics
3. Nanotechnology Services Market Trends And Strategies
4. Nanotechnology Services Market - Macro Economic Scenario
5. Nanotechnology Services Market Size And Growth
……………………………….
26. Africa Nanotechnology Services Market
27. Nanotechnology Services Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Nanotechnology Services Market
29. Nanotechnology Services Market Future Outlook and Potential Analysis
30. Appendix
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