Global Nanorobotics Systems Market to grow at a CAGR of 6.06% during the period 2016 - 2020; Finds New Report

Report forecast the global nanorobotics systems market to grow at a CAGR of 6.06% during the period 2016-2020.

A robot is a machine designed to perform one or more complex tasks with high speed, precision, and accuracy. The robotics market is highly competitive with a large number of automation and robotics vendors. The global robotics market is growing at a steady pace, with the majority of its revenue from the automotive, electrical and electronics, and food and beverage sectors. In the emerging economies, the robotics market is driven by the demand for assembly, machine loading and unloading, packaging, welding, painting, and material handling. However, in developed countries, the growth rate for robotics is slow as the market is mature.

The report covers the present scenario and the growth prospects of the global nanorobotics systems market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of nanorobotics systems for the development of nanorobots.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the primary drivers in the market is development of technologies for medical use. One of the factors affecting the adoption of micro- and nanorobots is the increasing number of its applications. Universities such as Chonnam National University (South Korea) have been consistently providing breakthroughs in microrobotics that can be commercialized. In 2001, Chonnam National University's R&D center, Robot Research Initiative (RRI), developed the first colonoscopy robot. In 2010, RRI developed the world's first intravascular microrobot used for the treatment of blood vessel-related diseases. In March 2015, the Chonnam National University’s R&D center developed an active endoscope. The university also signed a contract for $8.27 million with Woo Young Medical, a medical device manufacturer, for the transfer of technology. The center will receive 2% from the sales of the endoscopes as a license fee.

Further, the report states that one major challenge in the market is powering the nanorobots. Providing power resources for a microrobotics is a big challenge. As the size of microrobots reduces, the scientists also have to look for different sources of energy to power these bots because in such cases normal standalone batteries do not work. The issue of transferring the power is also a challenge. The job of scientist and researchers becomes difficult when using millimeter robots for healthcare as synthetic or biohybrid untethered mobile robots.

Global Nanorobotics Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global nanorobotics systems market: Agilent Technologies, Bruker, Electrovac, EVG, FEI, and JEOL.

Other prominent vendors in the market are: AIXTRON, Anasys Instruments, Angstrom Advanced, Asylum Research, Cavendish Kinetics, JPK Instruments, Nanonics Imaging, Nanosurf, Novascan, NT-MDT, Park Systems, and WiTec.

Market driver

• Breakthrough in nanorobotics technology with first trials on humans.
• For a full, detailed list, view our report

Market challenge

• Issues with nanoelectronics in pursuit of miniaturization.
• For a full, detailed list, view our report

Market trend

• Issues with nanoelectronics in pursuit of miniaturization.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 57 pages and 18 Exhibits “Global Nanorobotics Systems Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Key leading countries, Geographical Segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, SWOT analysis, Vendor landscape, Key vendor analysis, Research Institutes involved in nanorobotics development, Appendix.

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