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(IT-NEWSWIRE.COM, October 16, 2019 ) Market Overview:
Nano Robotics is the technology of creating machines or robots close to the microscopic scale of a nanometer (10−9 meters). Nanorobotics refers to nanotechnology – an engineering discipline for designing and building nanorobots. These devices range from 0.1-10 micrometers and are made up of nanoscale or molecular components.
Growing demand for miniaturization of devices coupled with increasing government support and level of investment in nanorobotics will further boost growth in the global nanorobotics market.
Market Dynamics:
The Nanorobotics market growth is driven by an increase in government support and level of investment in nanorobotics, growing advancements in molecular robots, and an increasing focus on nanotechnology and regenerative medicine. Also, integration of microscopy with spectroscopy and growth opportunities in emerging markets such as China and India is expected to further drive the market over the forecast period (2019-2026).
However, high manufacturing cost and initial capital expenditure might increase restraint market’s growth.
Market Segmentation:
By Type, the global Nanorobotics Market is segmented into Nanomanipulator, Bio-Nanorobotics, Magnetically guided, and Bacteria-based. In 2018, the Nanomanipulator held the majority share in the market.
By application, the global Nanorobotics Market is segmented into Nanomedicine, Biomedical, Mechanical, and others. In 2018, Nanomedicine accounted for the largest share in the global market. The large share of this application attributes to the significant level of commercialization in the healthcare sector for drug delivery, biomaterial, in vivo imaging, in-vitro diagnostics, active implants, and drug therapy.
Geographical Analysis:
By geography, the global Nanorobotics Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, North America accounted for the majority share in the global Nanorobotics market. However, the nanorobotics market in Europe is expected to grow at the highest CAGR during the forecast period.
Competitive Analysis:
Some major players in the market are Bruker, JEOL, Thermo Fisher Scientific, Ginkgo Bioworks, and Oxford Instruments.
View full report: https://www.datamintelligence.com/research-report/nanorobotics-market
Download free sample: https://www.datamintelligence.com/download-sample/nanorobotics-market
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Email: pr@datamintelligence.com
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DataM Intelligence
Sai Kiran
+91 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
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