Market Analysis - Nanobiotech 2017
Nanobiotechnology is the convergence of engineering and molecular biology. Nanobiotechnology has the ability to create biological and biochemical materials and devices at molecular and atomic levels. It provides new class of multifunctional systems and devices for biological analysis with better sensitivity and specificity. Nanobiotechnology comprises the application of the tools and processes of nanotechnology to control biological systems. The nanobiotechnology comprises new techniques such as 3D imaging in live cells, real-time imaging, and single molecule imaging bioanalytical microarrays and microfluidic devices and biosensors.
The major driving factor for the global nanobiotechnology market is rising health awareness among the people and emerging technology. Government initiatives and funding has provided strong boost to nanobiotechnology market in North America and Asia Pacific. Advancement in technology to provide better health services expected to fuel the nanobiotechnology market over the forecast period. However, environmental concern is expected to hamper the growth of nanobiotechnology market. Lack of resources and high technological cost can be barrier for the growth of this industry in emerging and underdeveloped economies. Nonetheless, strong demand from pharmaceutical industry is projected to open up new growth opportunities within the forecast period.
Based on application, the global nanobiotechnology market has been segmented into drug discovery, drug delivery, diagnostics and others. Diagnostics was accounted for major share of total nanobiotechnology market in 2015 and expected to exhibit significant share within the forecast period. This growth is mainly due to emerging technology in medical sector. Drug delivery is another key outlet of nanobiotechnology market and expected to show strong growth in this market in the near future. Drug discovery is expected to witness significant growth in the years to come.
In terms of geography, North America was the largest market of nanobiotechnology I in the world due to the advancement in technology. Moreover, nanobiotechnology market has huge opportunity in the emerging markets of Asia Pacific due to increasing population coupled with health awareness among people in this region. Latin America is expected to experience significant growth in the near future.
Some of the leading players includes in nanobiotechnology market such as Calando Pharmaceuticals Inc., Advanced Sensor Technologies, Affymetrix, Gilead Sciences, Applied Nanotech, Advectus Life Sciences, and Elan Pharmaceuticals and others.
This report segments the global nanobiotechnology market as follows:
Global Nanobiotechnology Market: Application Segment Analysis
• Drug Discovery
• Drug Delivery
Global Nanobiotechnology Market: Regional Segment Analysis
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
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Why Chicago? ? ?
Chicago is the capital of and the most populous city in the U.S. state of Illinois, with an estimated 2015 population of 463,878. Chicago is the cultural and economic centre of the Chicago metropolitan area, home to 5,522,942 people and the ninth largest metropolitan area in the United States. Chicago is the county seat of Fulton County, and a small portion of the city extends eastward into DeKalb County.
Chicago was established in 1837 at the intersection of two railroad lines, and the city rose from the ashes of the American Civil War to become a national centre of commerce. In the decades following the Civil Rights Movement, during which the city earned a reputation as "too busy to hate" for the relatively progressive views of some of its citizens and leaders compared to other cities in the Deep South Chicago attained international prominence. Chicago is the primary transportation hub of the Southeastern United States, via highway, railroad, and air, with Hartsfield–Jackson Chicago International Airport being the world's busiest airport since 1998.
Chicago is an "alpha-" or "world city", exerting a significant impact upon commerce, finance, research, technology, education, media, art, and entertainment. It ranks 36th among world cities and 8th in the nation with a gross domestic product of $270 billion. Chicago's economy is considered diverse, with dominant sectors including logistics, professional and business services, media operations, and information technology. Topographically, Chicago is marked by rolling hills and dense tree coverage. Revitalization of Chicago's neighborhoods, initially spurred by the 1996 Olympics in Chicago, has intensified in the 21st century, altering the city's demographics, politics, and culture
Major Biostatistics and Bioinformatics Related Associations around the Globe:
International Society for Clinical Biostatistics
Society for Clinical Trials
The Canadian Society for epidemiology and Biostatistics
Statistical Society of Australia
Statistical Modelling Society
Royal Statistical Society
SSC Statistical Society of Canada
Società Italiana di Bioinformatica
Swiss Institute of Bioinformatics
International Chinese Statistical Association
International Society for Computational Biology - ISCB
PSI Statisticians in the Pharmaceutical Industry
American Statistical Association
Artificial Intelligence Experts
Directors/Managers of Biostatistics/bioinformatics related organization
Bioinformatics professionals and researchers
Security devices manufacturers
Statistical and biometrics associations
Universities and Colleges
Academia: - 70 percent
Industry: - 30 percent