The nanorobotics market is expected to grow from USD 4.9 billion in 2018 to USD 8.3 billion by 2023, at a CAGR of 11.1%. The nanorobotics market is highly competitive with the presence of numerous big and small players. The market is dominated by the companies in the Americas, followed by those in Europe and APAC. As of 2017, the nanorobotics market was dominated by Bruker (US), Thermo Fisher Scientific (US), Oxford Instruments (UK), JEOL (Japan), and Ginkgo Bioworks (US). While the big players dominate the market through their brand image, the small players offer low-cost components and generate pricing pressure in the market. As of 2017, other nanorobotics players were Imina Technologies (Switzerland), Klocke Nanotechnik (Germany), Kliendiek Nanotechnik (Germany), Toronto Nano Instrumentation (Canada), EV Group (Austria), Xidex (US), Synthace (Germany), Park Systems (South Korea), Smaract (Germany), Nanonics Imaging (Israel), Novascan Technologies (US), Angstrom Advanced (US), Hummingbird Scientific (US), NT-MDT Spectrum Instruments (SI) (Russia), and WITec (Germany).
The players in the nanorobotics market have adopted the strategies of product launches, acquisitions, expansions, agreements, collaborations, and joint ventures to increase their geographic reach, enhance and diversify their product portfolio, cater to the unmet and growing needs of customers, expand sales and distribution networks, reduce manufacturing costs, increase market share, and strengthen their position in the global market.
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Top 2 players in the nanorobotics market:
Bruker engages in the development, manufacture, and distribution of scientific instruments, and analytical and diagnostic solutions that enable customers to explore life and materials at microscopic, molecular, and cellular levels. The company was founded in 1961 and is headquartered in Billerica, Massachusetts, US. Bruker operates through the Bruker Scientific Instruments (BSI) and Bruker Energy and Supercon Technologies (BEST) segments. The BSI segment comprises the Bruker BioSpin Group, the Bruker CALID Group, and the Bruker Nano Group. The Bruker Nano Group comprises the Bruker AXS, Bruker Nano Surfaces, Bruker Nano Analytics, and Bruker Semiconductor Divisions. The Bruker Nano Surfaces Divisionís products include atomic force microscopy instrumentation (AFM). Such instruments provide atomic or near-atomic resolution of surface topography and mechanical, electrical, and chemical information using nanoscale probes.
Thermo Fisher Scientific provides analytical instruments, equipment, reagents and consumables, and software and services for research, analysis, discovery, and diagnostics. Thermo Fisher Scientific was founded in 2006 and is headquartered in Waltham, US. Thermo Fisher Scientificís operating business segments include laboratory products and services, life science solutions, analytical instruments, and specialty diagnostics. The analytical instruments segment includes chromatography and mass spectrometry, chemical analysis, and materials and structural analysis as primary businesses with solutions including spectrometers suited for nanotechnology. The materials and structural analysis business of the company includes electron microscopy, molecular spectroscopy, and laboratory elemental analysis instruments. The company offers electron microscopes that provide imaging and characterization at atomic scale, with applications in semiconductor development, materials science research, and characterization of protein structure and function.
Nanorobotics Market by Type (Nanomanipulator (Electron Microscope and Scanning Probe Microscope), Bio-Nanorobotics, Magnetically Guided, and Bacteria-Based), Application (Nanomedicine, Biomedical, and Mechanical), and Geography - Global Forecast to 2023
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