Monday, 31 July 2017

Nanosensors Market by Technology and Application - Global Industry Analysis and Forecast to 2025

Nanosensors are extremely small sensing devices capable of identifying and respond to physical stimuli. They have greater sensitivity, better specificity, and require less power to run. They transfer information about nanoparticles in to data that can be easily analyzed. These sensors are ultra-sensitive and are capable of detecting single virus particles. They are on nanoscale of 10 to 100 nanometers. They are three types of nanosensors, namely, electromagnetic nanosensors, optical nanosensors, and mechanical nanosensors. The nanosensors can be manufactured by three methods, namely, top-down lithography, molecular self-assembly and bottom-up assembly.
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Nanosensors can be used in agriculture and food industry for detecting microbes, pollutants and contaminants. They are also used to monitor soil, insecticides, pesticides and herbicides. This will lead to reduced costs, wastes and will improve quality of production. Nanosensors will help confirming safety, freshness and quality of the food. They can be used to administer growth hormones to plants in controlled manner. They are used in identification of antibiotics and drugs. In food industry, nanosensors are used to detect toxins, chemicals and pathogens in the food. They are also used in packaging materials to identify the chemicals released during spoilage of food. While transporting the food, product conditions can be monitored with the help of nanosensors. In industry, they are used to detect gases such as ammonia, hydrogen sulfide and warfare gases. Moreover, they are also used in detection of chemical vapors, bacteria and viruses with the help of nanotubes. In healthcare field, they are used to monitor blood glucose levels in diabetes patients. Moreover, they are also used in detection of cancer, asthma or heart diseases. Biosensors can be used to identify DNA. They can also be used to detect organic molecule such as amino acid, fatty acid and lipid. They are able to detect change in temperature, pH or moisture. In aerospace, they can be used to detect radiation damage in astronauts as they are capable of passing through membranes and enter into white blood cells. In military field, nanosensors can be used in creating armors, defense weapons and in diagnosis of disease in military personnel.
The drivers for nanosensors market are low cost, reduced power consumption and increasing demand for nanosensors. Additionally increase in the research and development will also fuel the growth of this market. Moreover, technological advancements such as heart attack nanosensor are set to drive the growth of this market. For instance, in September 2016, a team of researchers from Manchester developed heart attack nanosensors. This device would enhance patient survival rates. Furthermore, increased communication facilities will further drive this market. However large scale production of nanosensors will hamper the growth of the market.
The key strategy followed by the major players in the market is product launch to be a pioneer and gain more share. For instance in December 2016, Nanowear, Inc. received FDA clearance for cardiac-monitoring clothing. It is a cloth based sensor technology. With the launch of the cardiac-monitoring clothing, Nanowear, Inc. will be a pioneer and gain more market share.
The major players in the nanosensors market are Agilent Technologies, Inc., Boeing, Dow Corning, IBM, and Lockheed Martin Corporation.
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