PUBLISHER: The Business Research Company | PRODUCT CODE: 1713396
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713396
Nanotechnology is the field of science and engineering dedicated to the design, fabrication, and deployment of structures, devices, and systems by manipulating atoms and molecules at the nanoscale. This technology offers significant advantages, especially in addressing emergency viral diseases, where phenomena occurring at nanoscale dimensions are harnessed in the design, characterization, production, and application of materials, structures, devices, and systems.
The primary categories of nanotechnology services encompass research and development, information tracking, technology scouting, standardization, regulatory briefings, and other related offerings. Research and development is a critical process aimed at creating new or enhanced technologies that can confer a competitive edge at the corporate, industry, or national levels. These services find applications in a wide range of industries, including pharmaceuticals, medical equipment, food and beverages, IT, and more. Providers of these services include both large enterprises and small and medium-sized businesses.
The nanotechnology services market research report is one of a series of new reports from The Business Research Company that provides nanotechnology services market statistics, including nanotechnology services industry global market size, regional shares, competitors with a nanotechnology services market share, detailed nanotechnology services market segments, market trends and opportunities, and any further data you may need to thrive in the nanotechnology services industry. This nanotechnology services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
The nanotechnology services market size has grown strongly in recent years. It will grow from $192.65 billion in 2024 to $209.89 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to r&d investments, government initiatives, environmental concerns, electronics miniaturization, medical innovations.
The nanotechnology services market size is expected to see rapid growth in the next few years. It will grow to $311.58 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to ai and nanotech integration, healthcare revolution, energy and environmental applications, nanotechnology in electronics, sustainable nanomaterials. Major trends in the forecast period include nanomedicine and drug delivery, nanocomposites in manufacturing, nanotechnology in agriculture, sensors and iot integration, nanotech-enabled consumer products.
The growth of the nanotechnology services market has been driven by increased investments from governments and companies in the field of nanotechnology. For example, in March 2022, the National Nanotechnology Initiative (NNI), a US-based government research and development program, was allocated $1.98 billion from the President's 2022 Budget. This funding is focused on continuing basic research aimed at making discoveries essential for developing new industries and addressing global challenges. The investment supports research into understanding matter at the nanoscale and translating that knowledge into technological advancements that benefit the general population in the United States. These rising investments have significantly contributed to the growth of the nanotechnology services market.
The rising energy consumption is expected to drive the growth of the nanotechnology services market in the future. Energy consumption refers to the amount of energy used by individuals, businesses, industries, and society for various purposes. The growth of nanotechnology services is closely tied to energy consumption due to the energy-intensive nature of research, development, manufacturing, and the application of nanoscale materials and technologies. Additionally, nanotechnology plays a significant role in enhancing energy efficiency, enabling cleaner energy production, and promoting environmental sustainability, which further boosts its relevance and growth in the energy sector. For example, in April 2023, the Energy Information Administration, a US-based government agency, projected that energy usage in the US industrial sector would increase by 5% to 32% between 2022 and 2050. As a result, the growing energy consumption is driving the expansion of the nanotechnology services market.
Enterprises in the nanotechnology services market are directing their attention towards the burgeoning applications of nanotechnology within the healthcare industry. Nanotechnology services are opening pathways for the development of a new wave of diagnostic and therapeutic methodologies for significant diseases. A recent illustration of this occurred in January 2023 when ENTOD Pharmaceuticals, an India-based pharmaceutical company, introduced its Eyecirque range. This new line is specifically tailored to improve eye comfort and enhance ocular aesthetics. Comprising a nanotechnology-based gel serum, under-eye skin brightening and anti-ageing tablets, lubricating eye drops, and essential eye supplements, the Eyecirque range is a prime example of nanotechnology's expansion into healthcare innovation.
Prominent players within the nanotechnology services market are seeking to boost their market position and financial viability through strategic partnerships. An instance of this proactive approach was observed in July 2022 when The Dow Chemical Company, a US-based chemical corporation, established a partnership with BSB Nanotechnology Joint Stock Company. Dow's strategic alliance with BSB Nanotechnology is driven by its commitment to bio-based products. The collaboration is geared towards the development and dissemination of bio-based, low-carbon ingredients in the personal care sector by leveraging the expertise and resources of both entities. BSB Nanotechnology Joint Stock Company, the partnering company, is a US-based enterprise specializing in nanotechnology services.
Major companies operating in the nanotechnology services market include AdvanceTEC LLC, Abbie Gregg Inc., BREC Solutions Limited, Cambridge Innovation Consulting Limited, EMC Service Inc., Foley & Lardner LLP, HDR Inc., Ike Scientific Corporation, Innovationsgesellschaft mbH, Intelligent Enclosures Inc., Kilopico LLC, M+W Group GmbH, Malsch TechnoValuation GmbH, Nanotech Plus LLC, NanoTEN LLC, Porter Wright Morris & Arthur LLP, Research Facilities Design Inc., The Microscopy & Imaging Place Inc., Yole Developpement SA, Nanonics Imaging Ltd., DuPont de Nemours Inc., Arkema S.A., DUST Identity Inc., Hummingbird Scientific Pvt Ltd., actnano Inc., Voyant Photonics Inc., It's Nanoed Inc., LakeHawk Technologies Inc., eLux Medical Inc., 4wave Inc.
North America was the largest region in the nanotechnology services market in 2024. Western Europe was the second largest region in the nanotechnology services market. The regions covered in the nanotechnology services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the nanotechnology services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The nanotechnology services market consists of revenue earned by entities that engage in conducting research and experimental development in nanotechnology. Technology promises scientific advancement in a variety of fields, including medicine, consumer goods, energy, materials, and manufacturing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Nanotechnology Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on nanotechnology services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for nanotechnology services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The nanotechnology services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.