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Nanorobotics Market Share, Growth Analysis, Segments 2024-2033
Nanorobotics Market Share
As per the report, the nanorobotics market size has grown rapidly in recent years. It will grow from $6.53 billion in 2023 to $7.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The nanorobotics market size is expected to see rapid growth in the next few years. It will grow to $11.1 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%.
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Rising Incidence Of Periodontal Diseases Drives Nanorobotics Market
The rising incidence of periodontal diseases is expected to propel the growth of the nanorobotics market. Periodontal diseases are the result of infections and inflammation of the gums and bones that will be surrounding and supporting the teeth. The growing interest in the dental applications of nanotechnology has led to the development of a new field called Nano dentistry. Dental nanorobots are being developed to destroy caries-causing or to repair tooth blemishes where decay sets in through computers to direct these tiny robots. For instance, according to the American Cancer Society, a US-based voluntary health organization, in 2022, about 54,000 new cases of the oral cavity or oropharyngeal cancer and about 11, 230 deaths from the oral cavity or oropharyngeal cancer registered in the United States. Therefore, the rising incidence of periodontal diseases is driving the growth of the nanorobotics market.
Progress In The Nanorobotics Market Through Investments
Investments for research and development is a key trend gaining popularity in the nanorobotics market. Major companies operating in the nanorobotics market are focused on investing in research and development and strengthening their position in the market. For instance, In March 2021, Bionaut labs, a California-based biotech company focusing on developing nanorobots to deliver drugs for brain disease treatment, received $20 million in a funding round led by Silicon Valley venture capital giant Khosla Ventures and Santa Monica-based Upfront Ventures. The funds will then be used to guide the company through preclinical and clinical development of its nanorobot technology.
The nanorobotics market covered in this report is segmented -
1) By Type: Nanomanipulator, Electron Microscope, Transmission Electron Microscope, Scanning Probe Microscope, Bio-Nanorobotics, Magnetically Guided, Bacteria-Based
2) By Operation Mode: Self-driven, Remote Controlled
3) By Application: Nanomedicine, Biomedical, Mechanical, Other Applications
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Major companies operating in the nanorobotics market include Ginkgo Bioworks, Imina Technologies SA, Thermo Fisher Scientific Inc., Klocke Nanotechnik GmbH, Oxford Instruments plc, Bruker Corporation, JEOL Ltd., Nanonics Imaging Ltd., Toronto Nano Instrumentation Inc., Advanced Diamond Tech Inc, Advanced Nano Products Co. Limited, Nanoscribe GmbH, Nanosurf AG, Nanotec Electronica S.L., Cavendish Kinetics Inc., SmarAct GmbH, Nanonics Imaging, Novascan Technologies, Hummingbird Scientific, Agilent Technologies Inc., Park Systems, Synthace Limited, Angstrom Advanced Inc., NT-MDT SPECTRUM INSTRUMENTS, Bioworks Inc., ARIZ Precision Medicine, Nanoscientifica, Zyvex labs LLC, Nanobiotix, Nanospectra Biosciences Inc.
Contents of the report:
1. Executive Summary
2. Nanorobotics Market Report Structure
3. Nanorobotics Market Trends And Strategies
4. Nanorobotics Market - Macro Economic Scenario
5. Nanorobotics Market Size And Growth
…..
27. Nanorobotics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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