Zion Research has published a new report titled
“Nanomagnetics Materials and Devices Market for Sensors, Separation, Imaging,
Data Storage, Medical & Genetics and Other Application - Global Industry
Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021.” According to
the report, global nanomagnetics
materials and devices market was valued at around USD 8.21
billion in 2015 and is expected to reach approximately USD 10.39 billion by
2021, growing at a CAGR of around 4.4% between 2016 and 2021.
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Nanomagnetics is the advancement in nanotechnology largely
used to store the data in compact form. Nanomagnetics is different from
conventional magnetic systems but posses some of the magnetic properties due to
the effects of nanostructuring. Nanostructured magnetic materials and
devices are different from conventional magnetic systems. Nanomagnetics is
largely used in the healthcare industry such as drug delivery devices and
diagnosis of diseases like cancer etc.
The nanomagnetics materials and devices market are mainly
driven by emerging medical industry. The tremendous growth in diagnostics and
biotechnology sector is the key factors responsible to boost the demand of
nanomagnetics materials and devices in the medical industry. Though, lack of awareness
regarding nanotechnology in developing countries may hamper the growth of this
market. Moreover, technological advancement in nanotechnology may open the
growth opportunities for the nanomagnetics materials and devices market within
the forecast period.
The nanomagnetics materials and devices market are segmented
on the basis of different applications such as sensors, separation, imaging,
data storage, medical & genetics and others. Data storage and medical and
genetics application segment together acquired the major share of the total
market due to exponential technological advancement. Growing need for
enterprise mobility due to advantages such as high operation speed and high
work efficiency supports the demand of data storage devices.
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The increasing development of the consumerization of
technology is another important factor for driving the nanomagnetics materials
and devices market. Thin film products acquired higher percentage share in the
global market due to their application in storage media. Thin films are
followed by particulate products with higher demand in diagnostic and other
biotechnology applications.
The nanomagnetics materials and devices market was dominated
by North America with the major share of the total market in 2015. North
America was followed by Asia Pacific owing to the increasing adoption of nanotechnology
in the region. Japan was the leading contributor to the growth of the
nanomagnetics materials and devices market. However, Latin America and Middle
East & Africa are also expected to exhibit significant growth over the
forecast period.
Some of the key players in the market include the Fujitsu
Laboratories, Ltd., IBM Corp., Liquids Research Ltd., Quantum Design, Bayer
Schering Pharma AG, and others.
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The report segments the global nanomagnetics materials and
devices market as:
Global Nanomagnetics Materials and Devices Market:
Application Segment Analysis
·
Sensors
·
Separation
·
Imaging
·
Data Storage
·
Medical and genetics
·
Others
Global Nanomagnetics Materials and Devices Market: Regional
Segment Analysis
·
North America
o U.S.
·
Europe
o Germany
o UK
o France
·
Asia Pacific
o China
o Japan
o India
·
Latin America
o Brazil
·
The Middle East and
Africa
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