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What are the Challenges Facing the Market?

Despite its rapid growth, the nanotechnology market faces several challenges. One of the primary issues is the high cost of research and development, which can be a barrier for smaller companies and startups. There are also concerns about the environmental and health impacts of nanomaterials, which require stringent regulatory oversight. Additionally, the market faces challenges related to the scalability of nanotechnology products and the need for standardization across the industry.

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