Healthcare and electronics applications to lead nanotechnology growth
Posted by George Elvin
Driven by an expected exponential growth in commercialization successes in the healthcare and electronics sectors, worldwide revenues from products incorporating Nanotechnology are projected to exceed US$2.78 trillion by end of the year 2015.
Chemical industry currently dominates the Nanotech arena in terms of maturity of R&D efforts and actual product commercialization, and worldwide revenues are projected to exceed US$82 billion in 2008. Pharma & Healthcare industries for instance are projected to post the fastest annual growth rates in terms of annual revenues from nanotech-incorporated products over the next ten years, at a CAGR of 88.2% over the years 2006 through 2015. Revenues from products incorporating nanotechnology in the semiconductors/electronics arena are projected to exceed US$1 trillion by 2014.
Source: nanotech-now.com
Tags: Electronics, technology
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