Focus on Nanotechnology
To see a world in a grain of sand,
And a heaven in a wild flower,
Hold infinity in the palm of your hand,
And eternity in an hour .....William Blake
Nanotechnology deals with materials whose structures are on a molecular scale (measured in nanometers or a billionth of a meter). On this scale, many known materials show dramatically different properties and open up a host of new applications and opportunities. Nanotechnology is set to transform every industry as new materials, new manufacturing methods and new applications emerge from this vibrant field.
Race Is On
Nanotechnology is a global phenomenon, and no country wants to be left behind. Worldwide, there is a “nanorace” going on – with US, EU and Japan leading the pack. US government is spending over US$1 billion in nanotechnology research per year. EU is spending even more. Over the next four years however, Japan is expected to outspend USA and EU in terms of governmental funding. China , Germany , and South Korea will also be receiving significant government funding. Total private and public spending for nanotechnology for 2008 will be at US$25 billion, $1 billion of which will be from venture capital.
The excitement in nanotechnology is understandable since it is expected to impact virtually every industry. These include life Science and healthcare (including medical devices, drug delivery, and therapeutics), chemicals and advanced materials, electronics and semiconductors, aerospace and defense, auto industry, textile, food, and printing and packaging industries. No country wants to be left behind.
Market Potential
The current market for nanotechnology products is estimated at around US$18 billion. The nanotechnology industry is expanding at a healthy pace of around 20% for the past few years and will continue to grow at a very healthy pace for quite some time. Since the potential of the market is so high and the technology has such great potential and ability to impact so many different industries, that we often see market figures of several trillion of dollars for nanotechnology – this of course refers to the market value of the end-products using nanotechnology.
Our Consultancy Services for Nanotechnology Industry
We are business consultants to the nanotechnology industries - nanotech is one of our focus areas. If your company is in the field of Nanotechnology, do contact us to discuss how we can help you expand your business and markets, be more productive, and leverage your resources. We can:
- Help you license your technologies
- Provide you with help in recruiting talented staff
- Help you with your business plan
- Help you find suitable companies for strategic partnerships, in-licensing, out-licensing or collaborations
- Helping you connect with Indian Nanotech industry so that you can expand your markets, extend your resources by outsourcing some of your research and collaborate with labs and researchers in India (see more details)
Together We Can Do It
If you are in nanotechnology business, let us help you grow your business. Let us get involved with you as your virtual team while you focus on building your technology platform. Contact us today.