Nanorobotics Systems Market: Comprehensive Analysis and Future Estimations 2016 – 2026

Nanorobotics Systems Market: Comprehensive Analysis and Future
Estimations 2016 – 2026
Nanorobotics is an evolving technology arena that creates robots or machines which have
components near to the scale of a nanometre (10−9 meters). Nanorobotics denotes the
nanotechnology engineering discipline of planning, designing, and building nanorobots,
primarily from molecular components. Nanorobotics is an attractive new field, especially in
medicine, which focuses on directed drug delivery using nanoscale molecular machines. These
nanobots carry a load with the drug and they are capable of identifying specific categories of
cancer cells among billions of healthy cells by using biomarkers. The nanobots then disentangle
on contact with the target cells and release the drug, thereby destroying the transmuted cells.
Some of the major drivers of micro- and nanorobots are initiatives undertaken by universities and
governments to encourage investments in this sector, the increasing acceptance and preferment
of entrepreneurship, and technological advancements in the field. All these factors are poised to
fuel the growth of the nanorobotics systems market during the forecast period. Moreover, the
increased demand for miniaturization coupled with high demand for automation across sectors
has driven the overall nanorobotics systems market. Countries such as the U.S., Japan, and the
U.K. hold majority share in this market. This is due to factors such as advancement in
technology, availability of high end infrastructure, and high capital disbursement into
development of new and developed nanorobotics systems.
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High manufacturing cost as well as challenges related to miniaturization are some of the major
restraints faced by the industry. However, emergence of mind-controlled nanorobots and
development of swarm intelligence is expected to give a positive push to the global nanorobotics
systems market. Moreover, growing health related issues, higher acceptance of automated
medical devices, and advancements in features of nanorobotics systems will lead to higher
growth of the global market.

The global nanorobotics market can be divide into five regions. They are North America, Europe,
Asia Pacific, Latin America, and Middle East and Africa. North America held a considerable
market share and is expected to be the market leader over the forecast period. One of the
foremost factors for the region’s growth is the growing backing of nanorobotics from the
Defense Advanced Research Projects Agency (DARPA) and National Science Foundation (NSF).
Growing adoption of nanotechnology coupled with high expenditure on healthcare will foster the
growth in this region in the future. Asia Pacific is projected to grow at the maximum rate during
the forecast period. Rise in disposable income, and significant growth of aging population will
fuel the growth of the nanorobotics systems market in the region. Additionally, a number of
companies are looking to tap into this growing market; therefore, they are investing heavily in
this region, which is poised to further propel the growth of this market.
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The nanorobotics systems market is extremely disjointed due to the existence of many vendors.
As the market is highly capital-intensive, market players are shifting toward mergers and
acquisitions, to minimize cost and leverage on technological advancements. This has resulted in
reduced cost for single players. Various sellers are concentrating on incorporating the best
supplementary tools to increase the instrument performance.
Some of the key players in the market are Bruker (Massachusetts, U.S.), JEOL Ltd. (Tokyo,
Japan), Agilent Technologies (California, U.S), FEI Company (Oregon, U.S.), and EV Group (St.
Florian am Inn, Austria). Other prominent dealers in the market include Park Systems
Corporation (Suwon, South Korea), Anasys Instruments (California, U.S.), AIXTRON SE
(Herzogenrath, Germany), Asylum Research (California, U.S.), NT-MDT (Moscow, Russia),
Novascan Technologies (Iowa, U.S), Cavendish Kinetics Inc. (California, U.S), JPK Instruments
(Berlin, Germany), Nanonics Imaging Ltd. (Jerusalem, Israel), Angstrom Advanced Inc.
(Massachusetts, U.S.), Nanosurf AG (Liestal, Switzerland), and WiTec GmbH (Ulm, Germany).
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