Evaluation of nanotechnology involves several criteria:
Performance Metrics: Key performance indicators (KPIs) such as material strength, electrical conductivity, and thermal resistance are used to assess the functionality and efficiency of nanomaterials. Safety and Toxicology: Studies on the health risks posed by nanoparticles are crucial. These include cytotoxicity assays, in vivo studies, and long-term exposure assessments. Environmental Impact: The effect of nanomaterials on the environment is evaluated through life cycle assessment (LCA) to measure the environmental footprint from production to disposal. Regulatory Compliance: Adherence to international standards and regulations set by bodies like the International Organization for Standardization (ISO) and the Food and Drug Administration (FDA) is mandatory. Economic Viability: The cost-effectiveness and scalability of nanotechnological solutions are assessed to determine their market potential.