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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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