Nanorobotics is defined as an evolving technology arena which creates robots or machines known as nanorobots. This technology denotes the nanotechnology engineering discipline of planning, designing, and building nanorobots, primarily from molecular component. Nanorobots find their application medicine, which focuses on directed drug delivery by using nanoscale molecular machines.

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Market Drivers
Growing government support and investments in Nanorobotics is expected to boost the global nanorobots market growth. Furthermore, the increase in technological advancement in molecular robots will significantly drive the global nanorobots market growth. Moreover, the rise in demand for miniaturization coupled with high demand for automation across sectors will support the overall nanorobots market over the forecast period. In addition, continuous technological advancement, availability of high end infrastructure, and high capital disbursement into development of new and developed nanorobots which expected to propel the global nanorobots market growth.

Market Restraints
Implementation of Excise Tax and heavy custom duty on nanorobotics in the medical field is the major restraint which expected to hamper the global nanorobots market growth over the forecast period. Also, high manufacturing and development cost may affect the market growth.

Market Key Players
Various key players are discussed in this report such as Thermo Fisher Scientific, JEOL, Bruker, Ginkgo Bioworks, Oxford Instruments, EV Group, Imina Technologies, Toronto Nano Instrumentation, Klocke Nanotechnik, Kleindiek Nanotechnik, etc.

Market Taxonomy
By Product Type
• Nanomanipulator
• Bio-Nanorobotics
• Magnetically Guided Nanorobots
• Others
By Application
• Biomedical
• NanoMedicine
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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