Nanobots/Nanorobots Market Worth 8,685.7 Million By 2025 at 11.73% CAGR | Investment in R&D of Nanorobotics to Influence Growth of Global Market, Says Market Research Future (MRFR)

By Globe Newswire5 days ago

Pune, India, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Nanobots/Nanorobots Market Overview:

Market Research Future (MRFR) studied the worldwide Nanorobots Market 2020 through the review period till 2025. As per MRFR study, the global nanobots market can expand at 11.73% CAGR to touch USD 8,685.7 Mn by 2025.

Healthcare Sector to Play Key Role in Nanobots Market Rise

The growing application of nanobots to perform complicated tasks and curb human errors in critical sectors, such as; healthcare industry, can favor the market expansion in the near future. Researchers from the University of New South Wales (UNSW) have solved dimension-related issues in DNA nanobots. Latest studies in DNA nanotechnology supports the large-scale utility of nanobots in the healthcare field. Tech giants and reputed healthcare suppliers are observed to enter into partnership to fund research and development undertaking pertaining to nanobots. These players are driven by the long-term steep returns that the nanobots technology is observed to promise. In addition, the ingression of nanobots to perform miniscule task, such as; targeted delivery of drugs to cancer cell, and position small electrical components, is also observed that is identified to back the rise in popularity of nanobots. Biomedical applications of nanobots are observed to gain traction in recent times. These causes are observed as growth inducers for the global nanobots market in MRFR analysis.

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Competitive Landscape:

Innovations in genome mining domain due to extensive research by some players can underpin the market growth. Acquisitions, development of platforms for researching next-generation antibiotics, and growing awareness about utility of sequencing, synthetic biology, bioinformatics, and other technologies can benefit the market in the years to come. Alongside, the growing focus of players in natural product discovery and diversification, with production purposes can support the market growth in the near future.

Key Market Players profiled in the report are:

  • Zymergen
  • Ginkgo Bioworks
  • Synthace Limited
  • Imina Technologies SA.
  • Thermo Fisher Scientific Inc.
  • KleindiekNanotechnik GmbH

Upgradation of Defense Technology to Benefit Nanobots Market

Nanobots are also likely to exhibit effectiveness in the defense sector. A projected funded by the Air Force Office of Scientific Research and Army Research ...

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