Nanorobotics is an evolving technology arena that creates robots or machines which have components near to the scale of a nanometre (10−9 meters). Nanorobotics denotes the nanotechnology engineering discipline of planning, designing, and building nanorobots, primarily from molecular components. Nanorobotics is an attractive new field, especially in medicine, which focuses on directed drug delivery using nanoscale molecular machines. These nanobots carry a load with the drug and they are capable of identifying specific categories of cancer cells among billions of healthy cells by using biomarkers. The nanobots then disentangle on contact with the target cells and release the drug, thereby destroying the transmuted cells.
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The increasing acceptance and preferment of entrepreneurship, and technological advancements in the field. All these factors are poised to fuel the growth of the nanorobotics systems market during the forecast period. Moreover, the increased demand for miniaturization coupled with high demand for automation across sectors has driven the overall nanorobotics systems market. Countries such as the U.S., Japan, and the U.K. hold majority share in this market. This is due to factors such as advancement in technology, availability of high end infrastructure, and high capital disbursement into development of new and developed nanorobotics systems.
The nanorobotics systems market is extremely disjointed due to the existence of many vendors. As the market is highly capital-intensive, market players are shifting toward mergers and acquisitions, to minimize cost and leverage on technological advancements. This has resulted in reduced cost for single players. Various sellers are concentrating on incorporating the best supplementary tools to increase the instrument performance.