Global Nanobots Market to Reach $371.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Nanobots estimated at US$98.3 Billion in the year 2020, is projected to reach a revised size of US$371.4 Billion by 2027, growing at a CAGR of 20.9% over the analysis period 2020-2027. Nano Medicine, one of the segments analyzed in the report, is projected to record a 21.1% CAGR and reach US$226.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Biomedical segment is readjusted to a revised 22.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $29.2 Billion, While China is Forecast to Grow at 20.1% CAGR
The Nanobots market in the U.S. is estimated at US$29.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$63.6 Billion by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.8% and 18.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.
Mechanical Segment to Record 19% CAGR
In the global Mechanical segment, USA, Canada, Japan, China and Europe will drive the 18.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$11.8 Billion in the year 2020 will reach a projected size of US$39.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$45.4 Billion by the year 2027.
Select Competitors (Total 32 Featured):
Amid the COVID-19 crisis, the global market for Nanobots estimated at US$98.3 Billion in the year 2020, is projected to reach a revised size of US$371.4 Billion by 2027, growing at a CAGR of 20.9% over the analysis period 2020-2027. Nano Medicine, one of the segments analyzed in the report, is projected to record a 21.1% CAGR and reach US$226.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Biomedical segment is readjusted to a revised 22.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $29.2 Billion, While China is Forecast to Grow at 20.1% CAGR
The Nanobots market in the U.S. is estimated at US$29.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$63.6 Billion by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.8% and 18.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.
Mechanical Segment to Record 19% CAGR
In the global Mechanical segment, USA, Canada, Japan, China and Europe will drive the 18.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$11.8 Billion in the year 2020 will reach a projected size of US$39.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$45.4 Billion by the year 2027.
Select Competitors (Total 32 Featured):
- Advanced Diamond Technologies
- Advanced Nano Products Co Limited
- Agilent Technologies
- AIXTRON SE
- Anasys Instruments
- Angstrom Advanced Inc
- Asylum Research
- Bruker
- Cavendish Kinetics Inc
- EV Group
- FEI Company
- Ginkgo Bioworks
- JEOL Ltd
- JPK Instruments
- Nanonics Imaging Ltd
- Nanosurf AG
- Novascan Technologies
- NT-MDT
- Park Systems Corporation
- Synthace Limited
- WiTec GmbH
- Xidex Corp
- Zymergen Inc
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Report Attribute | Details |
---|---|
Published | April 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 98.3 Billion |
Forecasted Market Value ( USD | $ 371.4 Billion |
Compound Annual Growth Rate | 20.9% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Companies Mentioned
A selection of companies mentioned in this report includes:
- Advanced Diamond Technologies
- Advanced Nano Products Co Limited
- Agilent Technologies
- AIXTRON SE
- Anasys Instruments
- Angstrom Advanced Inc
- Asylum Research
- Bruker
- Cavendish Kinetics Inc
- EV Group
- FEI Company
- Ginkgo Bioworks
- JEOL Ltd
- JPK Instruments
- Nanonics Imaging Ltd
- Nanosurf AG
- Novascan Technologies
- NT-MDT
- Park Systems Corporation
- Synthace Limited
- WiTec GmbH
- Xidex Corp
- Zymergen Inc