Despite its promising potential, the nanotechnology market faces several challenges:
1. High Costs: The development and manufacturing costs associated with nanotechnology can be prohibitively high. 2. Regulatory Hurdles: Ensuring the safety and efficacy of nanotech products requires navigating complex regulatory landscapes. 3. Technical Barriers: Overcoming technical limitations, such as precise control at the nanoscale, remains a significant challenge. 4. Public Perception: There is a need for greater public awareness and understanding to mitigate fears and misconceptions about nanotechnology.
