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Nanobiotechnology Market - New Industry Research Report is Now Available for Pre-Order at Transparency Market Research
Date:7/30/2013

Albany, New York (PRWEB) July 30, 2013

Nanobiotechnology is an emerging field in healthcare which encompasses the applications of two fields - nanotechnology and biotechnology - in the field of healthcare and medicine. Nanotechnology is poised to become the largest competitive space in the industry with applications in several areas within the industry. Nanobiotechnology is the key to develop tools to analyze the smallest biological sample possible, which is a single molecule.

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This is expected to present many opportunities and expand capabilities in areas such as forensic diagnostics and forensic science. In the recent years nanotechnology has definitely moved from the drawing board and into the field with many applications in pharmaceuticals (such as drug delivery and drug discovery), agriculture, diagnostics, therapeutics, in various devices, and in robotics.

The current market is primarily led by the pharmaceutical sector with innovative technologies in drug discovery and delivery followed by diagnostics. Some of the major drivers for this market are the rising demand for minimally invasive and pain-free drug delivery, faster drug discovery, and higher sensitivity in diagnostics. As North America’s and Europe’s economic situation stabilizes, it is expected that investments and joint ventures in this domain will rise. Advances in software rendering and designing technology are also predicted to boost the growth of the market.

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