Global Nanorobotics Systems Market 2016-2020
About Nanorobotics Systems
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.
Technavio’s analysts forecast the global nanorobotics systems market to grow at a CAGR of 6.06% during the period 2016-2020.
Covered in this report
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:
Technavio Announces the Publication of its Research Report – Global Nanorobotics Systems Market 2016-2020
Technavio recognizes the following companies as the 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.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is mind-controlled nanorobots trial. A lot is happening in the nanorobots technology industry, which will drive the demand for nanorobotics systems. Scientists and researchers from Israel have tested a contraption in September 2016, involving the use of a person's brain waves to control the DNA-based nanorobots placed inside the shell of a cockroach. The experiment was a success and changed the physiology of cockroach as the nanorobots were triggered by a mere human thought. The trial has opened new dimensions of controlling the nanorobots with the brain. The trail is the next step in specific therapeutic use, especially if the medicine or drug has to work at difficult locations such as inside the brain for treatment of mental disorders.”
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.
Agilent Technologies, Bruker, Electrovac, EVG, FEI, JEOL, AIXTRON, Anasys Instruments, Angstrom Advanced, Asylum Research, Cavendish Kinetics, JPK Instruments, Nanonics Imaging, Nanosurf, Novascan, NT-MDT, Park Systems, WiTec.
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