The size of the worldwide Nanotechnology market was estimated at $1.76 billion in 2020, and it is anticipated that it would grow at a CAGR of 36.4% from 2021 to 2030 to reach $33.63 billion. Nanoscience and Nanotechnology involve the study of Nanomaterials and devices, which have applications in all branches of science, including chemical, biomedical, mechanical, and material research, among others. The manufacture and use of physical, chemical, and biological systems are all included in the Nanotechnology market
According to the United States National Nanotechnology Initiative, there are about 20,000 researchers engaged in the subject of nanotechnology. The Institute of Occupational Medicine in the UK has calculated that about 2,000 people work in universities and new Nanotechnology enterprises where they may be exposed to Smart Materials
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