Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

Shape matters when light meets atom: Mapping the interaction of a single atom with a single photon may inform design of quantum devices December 4th, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Tip-assisted chemistry enables chemical reactions at femtoliter scale November 16th, 2016

'Back to the Future' inspires solar nanotech-powered clothing November 15th, 2016

Announcements

Leti IEDM 2016 Paper Clarifies Correlation between Endurance, Window Margin and Retention in RRAM for First Time: Paper Presented at IEDM 2016 Offers Ways to Reconcile High-cycling Requirements and Instability at High Temperatures in Resistive RAM December 6th, 2016

Tokyo Institute of Technology research: 3D solutions to energy savings in silicon power transistors December 6th, 2016

Physicists decipher electronic properties of materials in work that may change transistors December 6th, 2016

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Homeland Security

Nanosensors on the alert for terrorist threats: Scientists interested in the prospects of gas sensors based on binary metal oxide nanocomposites November 5th, 2016

Nanobionic spinach plants can detect explosives: After sensing dangerous chemicals, the carbon-nanotube-enhanced plants send an alert November 2nd, 2016

Notre Dame researchers find transition point in semiconductor nanomaterials September 6th, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

Military

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Quantum obstacle course changes material from superconductor to insulator December 1st, 2016

Physics, photosynthesis and solar cells: Researchers combine quantum physics and photosynthesis to make discovery that could lead to highly efficient, green solar cells November 30th, 2016

New method for analyzing crystal structure: Exotic materials called photonic crystals reveal their internal characteristics with new method November 30th, 2016

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