Several factors are contributing to the robust growth of the nanotechnology market:
Medical and Healthcare Applications: The ability to manipulate materials at the nanoscale has led to breakthroughs in drug delivery systems, diagnostic devices, and regenerative medicine. Electronics Industry: The miniaturization of semiconductor devices and the development of more efficient and powerful electronic components are propelled by nanotechnology. Energy Sector: Innovations in nanomaterials are enhancing the efficiency of energy storage systems, solar cells, and fuel cells. Government and Private Funding: Increased funding for nanotechnology research and commercialization is fostering growth and innovation. Environmental Applications: Nanotechnology is being used in pollution control, water treatment, and sustainable agriculture.
