In just five years, the global market for nanomedical technology could more than double its revenue to $3.8 billion. The market also has the potential to explode to $9.4 billion in 2018. These figures come from a study by BCC Research (Wellesley, MA).
The report, called Global Markets for Nanoscale Materials and Devices, separates the market into nanoparticles, other nanostructure materials, and nanotools or nanodevices. In 2007, these applications generated $1.7 billion.¹
Medical Device & Diagnostic Industry