What are the Challenges in Achieving Market Readiness?
Despite its potential, nanotechnology faces several challenges in achieving market readiness. One significant issue is the cost of production, as the processes for creating nanoscale materials can be expensive. Another challenge is scalability; many nanotechnology applications are still in the research and development phase and have not yet been scaled up for mass production. Regulatory hurdles also pose a challenge, as there are concerns about the safety and environmental impact of nanomaterials.