New product launch has Propelled the Growth of the Nanorobotics in Healthcare Market in the North America Region!

The launch of new products and demanding research and development activities by companies in the nanorobotics market can drive the growth of the market by expanding product offerings, driving innovation, and increasing public awareness and understanding of the potential benefits of nanorobotics in medicine. Moreover, the increasing demand for therapies that have fewer side effects and are cost-effective, which improves diagnostic tests and medical devices enhances the market growth in the region. For instance, in March 2023, Sona Nanotech announced that it closes its acquisition of Siva Therapeutics, Inc., plans for the first therapy application for colorectal cancer.

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Further,the North America Nanorobotics in Healthcare Market is expected to grow at a strong CAGR of 12.24% during the forecast period (2023-2030). Nanorobotics in the healthcare market is expanding in the North American region in response to the rising incidence of dental and cancer treatment. The nanotech provided new technology for treating dental problems from tooth decay and gum disease. Thus, the market for nanorobotics in healthcare is seeing a surge and is expected to grow with a significant share of the market.

FIG. 1 North America Nanorobotics in Healthcare Market Revenue (2020-2030)- USD Mn

By type, the market is segmented into pharmacyte, diagnosis and imaging, respirocyte, microbivores, and others. Among these, diagnosis and imaging are expected to grow at a substantial CAGR during the forecasted period (2023-2030). This is mainly due to the wide application in the diagnosis of HIV, cancer, and other harmful diseases. They can re-establish lost tissue at the cellular level, helpful for observing, diagnosing, and fighting sickness. Smaller drug delivery systems allow medications to be deposited in previously inaccessible parts of the body, which is crucial for the treatment and diagnosis of cancer. A recent discovery in the field of drug delivery is target therapy, which improves diagnostic tests and medical devices.

Based on application, the market is segmented into nanorobotics in surgery, nanorobotics in gene therapy, nanorobotics in oncology, nanorobotics in dental, and others. The nanorobotics in the surgery segment is expected to grow with a significant CAGR during the forecast period (2023-2030). Human surgeons’ capabilities were enhanced, and complications associated with complex surgical procedures were extended by the introduction of robots. The robot-helped medical procedure is a quickly developing surgery field that permits specialists to play out various minimally invasive procedures with high accuracy, adaptability, and control.

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Global Nanorobotics in Healthcare Market Segmentation

Market Insight, by Method of Preparation

· Biochip

· Nubots

· Biohybrids

· Bacteria-Based

· Virus Based

Market Insights, by Type

· Pharmacyte

· Diagnosis and Imaging

· Respirocyte

· Microbivores

· Others

Market Insights, by Application

· Nanorobotics In Surgery

· Nanorobotics In Gene Therapy

· Nanorobotics In Oncology

· Nanorobotics In Dental

· Others

Market Insight, by Region

· North America

o U.S.

o Canada

o Rest of North America

· Europe

o Germany

o UK

o France

o Italy

o Spain

o Rest of Europe

· APAC

o China

o Japan

o India

o Rest of APAC

· Rest of the World

Top Company Profiles

· Nanobiotix

· Bruker

· Novartis AG

· Novavax

· Nanoscribe GmbH & Co. KG

· Siemens Healthcare GmbH

· DNAe Group Holdings Ltd

· Oxford Nanopore Technologies plc

· Ocean NanoTech

· Nanospectra Biosciences