The Europe nanorobotics market is anticipated to grow at a higher rate over the forecast timeline. The market growth can be majorly attributed to the rising government expenditure in the healthcare sector and increasing geriatric population in the UK, Germany, and France. The growing private and public sector funding for the development of robotics technologies in Germany is driving the industry demand. The utilization of nanorobotics technology is increasing in European industries for the development of robots with nanoscale components. The market is also witnessing significant growth in the region due to the rising awareness regarding the use of nanorobotics technology for surgical care and treatment of patients.
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The increasing commercialization in the healthcare industry for drug delivery, in vivo imaging, in vitro diagnosis, drug therapy, and active implants is expected to increase the utilization of this technology over the forecast timeline. However, the major factor hampering the nanorobotics market growth is the high manufacturing cost associated with these robots. Nanorobots are difficult to interface, design, and customize due to their smaller size. The challenge of manufacturing nanorobots may lead to the development of new methodologies in computation, fabrication, and sensing technologies. Electrical nanorobots are vulnerable to electric interference from external sources, such as electric field, EMP pulses, Radio Frequency (RF), and stray fields from other electrical devices, posing a challenge to the nanorobotics market growth.
Nanomanipulators is a nanorobotics technology and microscopic viewing system that is used for working with objects on an extremely small scale. This system consists of an optical scanning device, physical manipulator, and a computer interface. Nanomanipulators are equipped with a scanning probe microscope that magnify images up to approximately one million times. Nanomanipulators have a wide range of applications in biological and physical sciences. These devices are used to evaluate the characteristics of living cells, metal particles, carbon nanotubes, disease pathogens, and microchips. Additionally, nanomanipulation technology is increasingly used for the construction of components for quantum and molecular computers, semiconductor preparation, and microbiological system preparation.
The use of nanorobotics technology may improve biomedical intervention with minimally invasive surgeries and help patients to monitor body functions constantly. These technologies are also used in biomedical applications to improve treatment efficiency through the precise diagnosis of possible causes of serious diseases. Nanorobots are also used to cure cancer through a precise chemical dosage administration and to process specific chemical reactions in the human body as ancillary devices for infectious organs. Due to their nanoscale features, nanorobots can be easily injected in the human body to target the exact location of damaged cells.
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The nanorobotics market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2015 to 2025 for the following segments:
Nanorobotics Market By Type
- Magnetically guided
Nanorobotics Market By Application
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