Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Rush to Market in Nanosensors, But Most Aren't 'Nano'

Abstract:
True nano-enabled sensors are rare; while size-dependent properties create dramatically improved devices, “good enough” existing alternatives limit opportunity

Rush to Market in Nanosensors, But Most Aren't 'Nano'

San Francisco, CA | May 26, 2005

Nanosensors have been pushed forward as a key early nanotechnology application, with boosters projecting billions of dollars in market opportunity. Sensors happen to be among the simplest electronic devices one can make from nanomaterials, yielding an abundance of development activity. But of 66 companies claiming to offer nanosensors, only 13 actually harness the size-dependent properties of nanomaterials, according to a new report from Lux Research entitled “Putting the ‘Nano’ in Nanosensors.”

Lux Research defines nanosensors as devices that employ nanomaterials, exploiting novel size-dependent properties, to detect gases, chemicals, biological agents, electric fields, light, heat, or other targets. Plenty of investment has gone into nanosensor companies; in March, for example, Nanomix received $16 million in Series C funding, primarily to move a disposable respiratory sensor to market. Homeland security spending has served as a potent catalyst: the $41 billion U.S. homeland security budget – and the creation of centers like MIT’s Institute for Soldier Nanotechnologies, a $50 million research collaboration with the U.S. Army – has convinced entrepreneurs that a large addressable market lies on the other side of a working nanosensor.

“Nanosensors deliver sensitivity orders of magnitude better than conventional devices,” said Lux Research Senior Analyst David Lackner. “But today’s nanosensors aren’t ready for prime time. Until sample handling and selectivity issues are resolved, nanosensors can be deployed only under highly controlled conditions. Plus, costs are high and unlikely to fall in the near term. The mass markets that could deliver enough volume to bring prices down won’t adopt until sensors are cheaper, and the sensors won’t be cheaper until they’re produced in greater volume. Thus nanosensor players are aiming at military projects, where price is less of an issue, to break the cycle.”

For the report, Lux Research constructed an assessment tool categorizing 66 companies identified as offering nanosensors. The report is available immediately to clients of Lux Research’s Nanotechnology Strategies advisory service.

For information on how to become a client, contact Steve Mills at (646) 723-0163.

####

About Lux Research:
Lux Research is the world's leading nanotechnology research and advisory firm. We help our clients make better decisions to profit from nanoscale science and technology, tapping into our analysts' unique expertise and unrivaled network. Our clients include top decision makers at large corporations, portfolio managers and analysts at leading financial institutions, CEOs of the most innovative start-ups, and visionary public policy makers.

To get connected and for more information, visit www.luxresearchinc.com

For early registration and event details for the Lux Executive Summit, please visit www.luxexecutivesummit.com

Copyright © Lux Research

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Sensors

New Absorber Will Lead to Better Biosensor: Biosensors are more sensitive and able to detect smaller changes in the environment October 1st, 2014

Graphene and Amaranthus Superparamagnets: Breakthrough nanoparticles discovery of Indian researcher September 23rd, 2014

IEEE International Electron Devices Meeting To Celebrate 60th Anniversary as The Leading Technical Conference for Advanced Semiconductor Devices September 18th, 2014

Biosensors Get a Boost from Graphene Partnership: $5 Million Investment Supports Dozens of Jobs and Development of 300mm Fabrication Process and Wafer Transfer Facility September 18th, 2014

Announcements

Stressed Out: Research Sheds New Light on Why Rechargeable Batteries Fail October 1st, 2014

New Absorber Will Lead to Better Biosensor: Biosensors are more sensitive and able to detect smaller changes in the environment October 1st, 2014

Graphene chips are close to significant commercialization October 1st, 2014

Production of Filters for Separation of Water from Petroleum Products in Iran October 1st, 2014

Homeland Security

UT Arlington researchers develop transparent nanoscintillators for radiation detection for medical safety and homeland security September 29th, 2014

Seeking Nanoscale Defenses for Biological and Chemical Threats: WPI co-organizes a NATO workshop to improve the detection and decontamination of biological and chemical agents September 13th, 2014

Watching Schrödinger's cat die (or come to life): Steering quantum evolution & using probes to conduct continuous error correction in quantum computers July 30th, 2014

Production of Toxic Gas Sensor Based on Nanorods July 28th, 2014

Military

UT Arlington researchers develop transparent nanoscintillators for radiation detection for medical safety and homeland security September 29th, 2014

'Pixel' engineered electronics have growth potential: Rice, Oak Ridge, Vanderbilt, Penn scientists lead creation of atom-scale semiconducting composites September 29th, 2014

Nanotechnology leads to better, cheaper LEDs for phones and lighting September 24th, 2014

Engineered proteins stick like glue — even in water: New adhesives based on mussel proteins could be useful for naval or medical applications September 22nd, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE