The Nanotechnology Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Nanotechnology Services Global Market Report 2024, The nanotechnology services market size has grown strongly in recent years. It will grow from $190.13 billion in 2023 to $205.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to r&d investments, government initiatives, environmental concerns, electronics miniaturization, medical innovations.
The nanotechnology services market size is expected to see strong growth in the next few years. It will grow to $291.64 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to ai and nanotech integration, healthcare revolution, energy and environmental applications, nanotechnology in electronics, sustainable nanomaterials. Major trends in the forecast period include nanomedicine and drug delivery, nanocomposites in manufacturing, nanotechnology in agriculture, sensors and iot integration, nanotech-enabled consumer products.
The rise in investments from governments and companies in the field of nanotechnology has contributed to the growth of the nanotechnology services market. For instance, the investments under the National Nanotechnology Initiative (NNI) in US, a President’s 2021 Budget requested over $1.7 billion for the National Nanotechnology Initiative. Similarly, in 2020, National Institutes of Health (NIH), invested around $445 million in nanomedicine. The portal, invest in Nano, debuted with a 2020 programme that would kick off a mission to connect breakthrough nanotechnology companies with investors. The rise in investments from governments and companies in the field of nanotechnology drove the growth of the nanotechnology services market.
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The nanotechnology services market covered in this report is segmented –
1) By Service: Research And Development; Information Tracking; Technology Scouting; Standardization; Regulation Briefings; Other Services
2) By Application: Pharmaceuticals; Medical Equipment; Food and Beverages; IT; Other Applications
3) By Provider: Large Enterprise; Small and Medium Enterprise
The nanotechnology services market report table of contents includes:
1. Executive Summary
2. Nanotechnology Services Market Characteristics
3. Nanotechnology Services Market Trends And Strategies
4. Nanotechnology Services Market – Macro Economic Scenario
5. Global Nanotechnology Services Market Size and Growth
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26. South America Nanotechnology Services Market
27. Brazil Nanotechnology Services Market
28. Middle East Nanotechnology Services Market
29. Africa Nanotechnology Services Market
30. Nanotechnology Services Market Competitive Landscape And Company Profiles
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