ICSTI Statement on Nanotechnology - Forfás
ICSTI Statement on Nanotechnology - Forfás
ICSTI Statement on Nanotechnology - Forfás
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3.1.1 Electr<strong>on</strong>ics<br />
The electr<strong>on</strong>ics semic<strong>on</strong>ductor market is currently dominated by<br />
silic<strong>on</strong>-based technologies. The market is demanding device<br />
miniaturisati<strong>on</strong> with increased performance (i.e. increased<br />
processing speed, greater data storage capacity, reduced energy<br />
c<strong>on</strong>sumpti<strong>on</strong>). <strong>Nanotechnology</strong> is identified as a route to<br />
increased performance and significant size reducti<strong>on</strong>. The<br />
European Commissi<strong>on</strong> estimates that the value for n<strong>on</strong>-CMOS<br />
semic<strong>on</strong>ductors will be between 5% and 7% of the total<br />
electr<strong>on</strong>ics chip market by 2004. This equates to a market<br />
valuati<strong>on</strong> of €15 billi<strong>on</strong> to €30 billi<strong>on</strong> for electr<strong>on</strong>ics<br />
applicati<strong>on</strong>s of nanotechnology by 2004.<br />
One of the goals in electr<strong>on</strong>ics is to use individual atoms or<br />
molecules as electr<strong>on</strong>ic comp<strong>on</strong>ents, which will enable significant<br />
size reducti<strong>on</strong>s with increased performance. Moore’s Law predicts<br />
the size reducti<strong>on</strong> of integrated circuits with time. To c<strong>on</strong>tinue its<br />
recent trend the industry must move rapidly into the nanosized<br />
domain using methods other than the current top-down approach.<br />
3.1.2. Pharmaceuticals.<br />
The pharmaceutical industry is driven by regulati<strong>on</strong> and market<br />
demand for more effective, lower dose drugs with fewer side<br />
effects. Nanomaterials have the potential as drug delivery<br />
vehicles to both target specific organs and <strong>on</strong>ly dose the drug in<br />
resp<strong>on</strong>se to specific triggers from the body.<br />
The UK Department of Trade and Industry (UK-DTI) estimates that<br />
by 2015 50% of all pharmaceutical producti<strong>on</strong> will depend <strong>on</strong><br />
nanotechnology. This equates to a market value of c €3.5 billi<strong>on</strong>.<br />
For example, many drug systems have been developed but never<br />
marketed due to their poor solubility in water. Elan has developed<br />
a proprietary milling system (NanoCrystal‚) that reduces the size<br />
of the drug particles to the nano size domain. This allows the<br />
particles to be suspended in a liquid and the drug delivered orally.