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The global nanosensors market reached a value of US$ 710.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,375.6 Million by 2027, exhibiting a CAGR of 11.73% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Nanosensors are used to transmit chemical, physical, and biological information about nanomaterials and recognition molecules. They offer significant advantages over conventional sensors and cater to the need for portable analytical tools. They are widely employed in the healthcare industry for targeted drug delivery and cancer, protein, and deoxyribonucleic acid (DNA) detection. They are also utilized in the field of atmospheric environmental testing as they can determine the presence of hazardous materials and microorganisms in air, food, and water. Nowadays, modern nanosensors offer sophistication, sensitivity, and better performance due to advancements in material science.
Pollutants can cause serious harm to human health as well as the environment. As a result, due to the growing air pollution levels in urban areas, regulating agencies of numerous countries are implementing screening and monitoring programs. This represents one of the major factors influencing the demand for nanosensors positively for easy and cost-effective detection of environmental pollutants. Apart from this, the growing prevalence of chronic diseases and awareness about early diagnosis are escalating the adoption of nanosensors for medical diagnostic imaging, disease monitoring, and identifying pathogens. Moreover, the increasing terrorism across the globe and the consequently rising investments in the defense sector are driving the use of nanosensors in unmanned aerial vehicles (UAVs) to find the presence of poisonous gas on the battlefield and for the homeland security. Furthermore, the increasing adoption of hi-tech farming techniques on account of the declining arable land area and rising food insecurities is expanding the application of nanosensors in the agriculture industry worldwide. For example, nanosensors are used to detect soil humidity levels, pesticide residue, nutrient requirement, and pest identification.
IMARC Group provides an analysis of the key trends in each sub-segment of the global nanosensors market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and application.
Breakup by Type:
Breakup by Technology:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agilent Technologies Inc., Altair Nanotechnologies Inc., Analog Devices Inc., Biosensors International Group Ltd., Honeywell International Inc., Kleindiek Nanotechnik GmbH, Lockheed Martin Corporation, OMRON Corporation, Oxonica Limited and Texas Instruments Incorporated.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Technology , Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Agilent Technologies Inc., Altair Nanotechnologies Inc., Analog Devices Inc., Biosensors International Group Ltd., Honeywell International Inc., Kleindiek Nanotechnik GmbH, Lockheed Martin Corporation, OMRON Corporation, Oxonica Limited and Texas Instruments Incorporated|
|Customization Scope||10% Free Customization|
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Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global nanosensors market was valued at US$ 710.5 Million in 2021.
We expect the global nanosensors market to exhibit a CAGR of 11.73% during 2022-2027.
The rising prevalence of various chronic diseases, along with the increasing adoption of nanosensors in the healthcare sector for medical diagnostic imaging, disease monitoring, and identifying pathogens for early diagnosis, is primarily driving the global nanosensors market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for nanosensors.
Based on the type, the global nanosensors market has been segmented into optical nanosensor, chemical nanosensor, physical nanosensor, biosensor, and others. Among these, chemical nanosensor currently holds the majority of the total market share.
Based on the application, the global nanosensors market can be divided into electronics, chemical manufacturing, energy, aerospace and defense, healthcare, and others. Currently, the healthcare sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global nanosensors market include Agilent Technologies Inc., Altair Nanotechnologies Inc., Analog Devices Inc., Biosensors International Group Ltd., Honeywell International Inc., Kleindiek Nanotechnik GmbH, Lockheed Martin Corporation, OMRON Corporation, Oxonica Limited, and Texas Instruments Incorporated.
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