Press release
Nanotechnology Services Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | AdvanceTEC LLC, Abbie Gregg Inc., BREC Solutions Limited, Cambridge Innovation Consulting Limited
Nanotechnology Services Market Size
The Business Research Company offers in-depth market insights through Nanotechnology Services Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The nanotechnology services market size has grown strongly in recent years. It will grow from $190.13 billion in 2023 to $205.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to r&d investments, government initiatives, environmental concerns, electronics miniaturization, medical innovations.
The nanotechnology services market size is expected to see strong growth in the next few years. It will grow to $291.64 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to ai and nanotech integration, healthcare revolution, energy and environmental applications, nanotechnology in electronics, sustainable nanomaterials. Major trends in the forecast period include nanomedicine and drug delivery, nanocomposites in manufacturing, nanotechnology in agriculture, sensors and iot integration, nanotech-enabled consumer products.
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Market Segmentation:
The main types of nanotechnology services are research and development, information tracking, technology scouting, standardization, regulatory briefings, and others. R&D is a process that aims to create new or improved technology that can provide a competitive advantage at the business, industry, or national levels. The services are used by various industries, including pharmaceuticals, medical equipment, food and beverages, IT, and others. The different providers include large enterprises as well as small and medium-sized enterprises.
Major Driver - Government And Corporate Investments Fuelling Growth In The Nanotechnology Services Market
The rise in investments from governments and companies in the field of nanotechnology has contributed to the growth of the nanotechnology services market. 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 portal, invest in Nano, debuted with a 2020 programme that would kick off a mission to connect breakthrough nanotechnology companies with investors. The rise in investments from governments and companies in the field of nanotechnology drove the growth of the nanotechnology services market.
Competitive Landscape:
Major companies operating in the nanotechnology services market include AdvanceTEC LLC, Abbie Gregg Inc., BREC Solutions Limited, Cambridge Innovation Consulting Limited, EMC Service Inc., Foley & Lardner LLP, HDR Inc., Ike Scientific Corporation, Innovationsgesellschaft mbH, Intelligent Enclosures Inc., Kilopico LLC, M+W Group GmbH, Malsch TechnoValuation GmbH, Nanotech Plus LLC, NanoTEN LLC, Porter Wright Morris & Arthur LLP, Research Facilities Design Inc., The Microscopy & Imaging Place Inc., Yole Développement SA, Nanonics Imaging Ltd., DuPont de Nemours Inc., Arkema S.A., DUST Identity Inc., Hummingbird Scientific Pvt Ltd., actnano Inc., Voyant Photonics Inc., It's Nanoed Inc., LakeHawk Technologies Inc., eLux Medical Inc., 4wave Inc.
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Top Trend - Nanotechnology Services Market'S Focus On Healthcare Innovations
The companies in the nanotechnology services market are focusing on its 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.
The Table Of Content For The Market Report 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
…..
27. Nanotechnology Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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