Nanorobotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Nanorobotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global nanorobotics market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.1% during 2023-2028.

Nanorobotics refers to an emerging technology that helps to create machines or robots that have components around the scale of a nanometer. These robots are known as nanorobots and can be injected into patients for performing diagnosis or providing treatment at the cellular level. They can also be used in pharmacokinetics, disease monitoring, targeting drug delivery in cancer therapeutics and improving the effectiveness and efficiency of healthcare. Besides this, they are utilized for assembling and maintaining sophisticated systems.

Extensive applications of nanorobotics in the medical industry are one of the primary factors driving the market growth. Recent research has suggested that nanorobots can serve as antibodies or antiviral agents in patients with compromised immunity or diseases that do not respond to conventional treatment methods. As a result, nanorobots are being used in gene therapy and cancer detection and treatment. They are also being employed in various dentistry procedures and act as ancillary devices for processing different chemical reactions in the affected organs. Furthermore, nanorobots are utilized for monitoring and controlling glucose levels in diabetic patients. Some of the other medical applications of nanorobots that are strengthening the nanorobotics market growth include repairing damaged tissues and unblocking arteries affected by plaques. Apart from this, governments of several countries are extending their support by increasing investments in nanorobotics. Consequently, the leading players are increasing their focus on research and development (R&D) activities to introduce technological advancements in molecular robotics.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global nanorobotics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end user.

Breakup by Type:

3D-Motion Nanomachines
Bacteria Powered Nanobots
Biochips
Nubots
Nanorockets
Others

Breakup by Application:

Medical Imaging
Information Storage
Drug Delivery
Health Sensors and Replicators
Others

Breakup by End User:

Hospitals
Diagnostic Centers
Research Laboratories
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Bruker Corporation, EV Group, Ginkgo Bioworks Inc., Imina Technologies SA, JEOL Ltd., Kleindiek Nanotechnik GmbH, Nanonics Imaging Limited, Oxford Instruments plc, Synthace Limited, Thermo Fisher Scientific Inc., Toronto Nano Instrumentation Inc. and Zymergen Inc.

Key Questions Answered in This Report

1. How big is the global nanorobotics market?
2. What is the expected growth rate of the global nanorobotics market during 2023-2028?
3. What are the key factors driving the global nanorobotics market?
4. What has been the impact of COVID-19 on the global nanorobotics market?
5. What is the breakup of the global nanorobotics market based on the application?
6. What are the key regions in the global nanorobotics market?
7. Who are the key players/companies in the global nanorobotics market?