Allied Academies

Nanomaterials

Nanomaterials

The global Nanomaterials market size was valued at USD 9.39 billion in 2021 and is expected to register at a CAGR of 14.9% during the forecast period. The market is expected to be driven by increasing demand for the product in electronic applications owing to its increased surface area at the time of application coupled with its high superparamagnetic properties. The application of Nanomaterials is also increasing in the medical industry on account of the utilization of products in various in-vitro and in vivo applications. The rising investment by various research laboratories and Biomaterials for increasing product penetration in targeted drug delivery, gene therapy, and treatment of malignant tumours is expected to boost the growth of the nanomaterials market growth.

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