What are the Challenges Facing the Nanotechnology Market?
Despite the potential, there are several challenges:
- Cost: High production costs for nanomaterials and nanodevices can be a barrier. - Scalability: Scaling up from laboratory research to commercial production is often challenging. - Regulatory Hurdles: Navigating the complex regulatory landscape to ensure safety and compliance. - Public Perception: Concerns about the environmental and health impacts of nanotechnology.
