Nanorobotics Systems Market Size, Share, Growth, Trends, and Forecast Nanorobotics Systems Market - Global Industry Anal

Nanorobotics Systems Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 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.
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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.
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