Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Higher-Value Pharma and Bio Nanotech Applications for Nanomaterials will Eclipse the Value of the Materials as the Market Grows to $1.5 Trillion by 20

Abstract:
The nanomaterials boom is over and future growth opportunities in the nanotechnology sector will lie in pharmaceutical and healthcare applications of nanotechnologies, according to a new report from Cientifica.

Higher-Value Pharma and Bio Nanotech Applications for Nanomaterials will Eclipse the Value of the Materials as the Market Grows to $1.5 Trillion by 20

London, UK | Posted on April 17th, 2007

The report entitled "Half Way to the Trillion-Dollar Market? A Critical Review of the Diffusion of Nanotechnologies" uses a new economic model based on primary research that quantifies the impact and diffusion of nanotechnologies over time, allowing more accurate quantification of market impacts than was previously possible.

Through a detailed analysis of both public and private spending, the report concludes that the number of producers of nanomaterials has decreased as consolidation has increased and multi-national chemical companies now dominate the market. Today, most of the nanomaterials heralded just a few years back as new high-value materials are quickly taking on a bulk commodity stature.

While this commoditization and consolidation means that little money remains to be made by producing nanomaterials, the ability of these nanomaterials to enable higher- value products will lead to a US$1.5 trillion market by 2015, according to the report.

The report also concludes that:

* The market for products enabled by nanotechnologies will reach US$ 263 billion by 2012 and US$ 1.5 trillion by 2015
* After ten years of research and development, the highly developed supply chain and stability of commercially available nanomaterials is finally enabling higher value added applications
* The chemical industry will continue to dominate the market until 2012 when bio-related applications will become a larger market
* Highest growth rates will be in the healthcare and pharmaceutical sectors, accounting 80% of the 2015 US$ 1.5 trillion market

Cientifica CEO Tim Harper commented, "The window of opportunity for nanomaterials companies is closing fast as global multi-nationals snap up intellectual property and ramp up production. Maturity of supply means that the market is ripe for someone to take advantage of nanomaterials in the same way that Sony did with transistors."

The white paper is available for free download at http://www.cientifica.com . A full breakdown of markets by application, industry sector and country and showing their evolution is supplied to Cientifica corporate clients and updated quarterly.

####

About Cientifica
Científica is the world's largest and best established nanotechnology information and consultancy company. With a global network of partners, Cientifica provides information and research to thousands of clients worldwide. Cientifica analysts look beyond the hype and behind the numbers to provide relevant and focussed business intelligence.

For more information, please click here

Contacts:
Cientifica
Tim Harper, +44 7894 70 89 89

Copyright © Business Wire 2007

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

Possible Futures

Quantum memory with record-breaking capacity based on laser-cooled atoms December 15th, 2017

Record high photoconductivity for new metal-organic framework material December 15th, 2017

Error-free into the quantum computer age December 15th, 2017

Leti Will Demonstrate First 3D Anti-Crash Solution for Embedding in Drones: Fitted on a Mass-Market Microcontroller, 360Fusion Software Technology Detects any Dynamic Obstacle and Helps Guide Drones Away from Collisions December 15th, 2017

Nanomedicine

Synthetic protein packages its own genetic material and evolves computationally designed protein assemblies are advancing research in synthetic life and in targeted drug delivery December 15th, 2017

Perking up and crimping the 'bristles' of polyelectrolyte brushes December 13th, 2017

Leti to Demo Wristband with Embedded Sensors to Diagnose Sleep Apnea: APNEAband, Which Will Be Demonstrated at CES 2018, Also Monitors Mountain Sickness, Dehydration, Dialysis Treatment Response and Epileptic Seizures December 12th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Announcements

Quantum memory with record-breaking capacity based on laser-cooled atoms December 15th, 2017

Record high photoconductivity for new metal-organic framework material December 15th, 2017

Error-free into the quantum computer age December 15th, 2017

Leti Will Demonstrate First 3D Anti-Crash Solution for Embedding in Drones: Fitted on a Mass-Market Microcontroller, 360Fusion Software Technology Detects any Dynamic Obstacle and Helps Guide Drones Away from Collisions December 15th, 2017

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Quantum memory with record-breaking capacity based on laser-cooled atoms December 15th, 2017

Record high photoconductivity for new metal-organic framework material December 15th, 2017

Error-free into the quantum computer age December 15th, 2017

Synthetic protein packages its own genetic material and evolves computationally designed protein assemblies are advancing research in synthetic life and in targeted drug delivery December 15th, 2017

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