What are the Key Challenges Facing the Nanotechnology Market?
Despite its potential, the nanotechnology market faces several challenges:
1. Regulatory Hurdles: There is a lack of standardized regulations, which can hinder the commercialization of nanotech innovations. 2. Health and Safety Concerns: The long-term effects of nanomaterials on human health and the environment are not fully understood. 3. High Costs: The cost of nanomaterial production and the complexity of nanofabrication techniques can be prohibitive.
