Nano Toxicity & Safety Market - Forecast(2024 - 2030)

Nano Toxicity & Safety refers to the potential adverse health effects related to engineered nanomaterial exposure and different techniques, tools, and approaches related to the safety of nanotechnology. The nanoparticles’ potential for danger is evident due to the high surface area to volume ratio, which can make them highly reactive or catalytic. In addition, they can pass through cell membranes in organisms and may interact with biological systems. The global Nano Toxicity & Safety Market is analyzed to be $62.4 million and is projected to reach $151.6 million in 2027, growing with a CAGR of 16.61 % during 2022-2027. The Nano Toxicity & Safety market is segmented by technique, by process, by toxicity test, by nano particles, by toxicity, and by application in this report. The market is also segmented by geography, which include North America, South America, Europe, and Asia-Pacific.

 

Nano Toxicity & Safety Market is segmented by technique such as Scanning Electron Microscopy, Transmission Electron Microscopy, and Others (X-ray Diffraction, Thermal Analysis). In 2021, the Scanning Electron Microscopy segment held the greatest market share, generating $43.68 million. Depending on the size and substance used to create nanomaterialss, scanning electron microscopy and transmission electron microscopy are two microscopic methods that characterize morphology. Studies using scanning electron microscopy (SEM) and transmission electron microscopy (TEM) have been carried out to learn more about the morphology, structure, and size of IO-NPs.

In terms of process, the Physicochemical Process segment achieved slightly bigger market share of the Nano Toxicity & Safety Market in 2021 than Morphological Process. Nanotoxicology is based on a variety of factors, including size, surface area, morphology, composition, surface chemistry, aggregation/agglomeration phenomena, etc. The interaction of Nanomaterials with biological cells is greatly impacted by their morphological and physicochemical characteristics, which may also affect their toxicity. 

In terms of toxicity test, the Cell Cultures (In Vitro) segment dominated the market share in 2021. The Cell Cultures (In Vitro) segment can be subcategorized into 2D models and 3D models. The most popular technique for determining NM toxicity on a 2D platform involves exposing adherent cells to an NM dispersion where the NMs are dispersed in the media. 

By nanoparticle, the majority of market share in 2021 was from the Titanium Dioxide Nanoparticles segment. Materials use titanium dioxide (TiO2) in a variety of ways such as paper, plastic, ceramics, rubber, printer ink, floor coverings, catalysts, fabrics and textiles, cosmetics, food colors, medicines, paints, coatings, and electronic components. Four different crystalline structures—rutile, anatase, brookite, or titanium dioxide—can be used to distinguish the various types of TiO2-based NMs, with rutile and anatase being the most frequently used in consumer goods. 

By toxicity, Nano Toxicity & Safety Market is segmented into Size-dependent Toxicity, Surface-dependent Toxicity, Shape-dependent Toxicity, Aggregation or agglomeration-dependent Toxicity and Dose-dependent Toxicity. As one of the critical factors affecting toxicity, the Dose-dependent Toxicity segment generated the most revenue in 2021 Nano Toxicity & Safety market. To determine the minimum dose of NPs which is induces toxicity, dose is very important.

Nano Toxicity & Safety Market is segmented by its various application such as Energy, Materials and Health, Medical Systems, Agriculture, Pharmaceutical, Cosmetic, and Others (Engineering, Food and Others). The Pharmaceutical segment is analyzed to hold the dominance and to grow steadily during the forecast period owing to the utilization of nanotechnology in drug delivery, imaging & diagnosis of diseases such as cancer and atherosclerosis, as well as hearing & vision disorders. Thus, the importance of nanomaterial toxicity testing is more highlighted.

The report comprises of the region wise study of the global market including North America, South America, Europe, and Asia-Pacific. Among them, North America region accounted for the dominant market share in 2021. The United States contributes to the most revenue to the market with growing need for nano-toxicity testing devices for various research and development activities in the sectors of Life Science, Agriculture, Industrial Energy, and others as well as the strong presence of key players in this region.

One of the primary factors driving the growth in global Nano Toxicity & Safety market is emerging technological advancements in nanotechnology and nanotech devices. Some of advanced nanotechnologies are nano-identification, nano-impact, nano-scratch, and nano-tribological, and they are now used in many testing procedures to better understand materials at the nanoscale. Based on the advanced nanotechnologies, increase in adoption of Nano-toxicology testing in various end-use industries such as the energy, healthcare, cosmetic industry, and others is set to propel the market growth.

Major companies in the global Nano Toxicity & Safety Market profiled in this report include Horiba, CytoViva, Schaefer-Tec AG, Thermo Fisher Scientific, Carl Zeiss NTS Ltd., Hitachi High-Technologies Corporation, SGS SA, Eurofins Scientific, Charles River Laboratories International Inc., Enviroscience Inc. Technology launches, acquisitions, partnerships and R&D activities are key strategies adopted by the key players in the Nano Toxicity & Safety market. 

In November 2020, Carl Zeiss NTS Ltd presented a new generation of its field emission scanning electron microscope (FESEM) family ZEISS GeminiSEM. The new models ZEISS GeminiSEM 360, 460 and 560 are tailored for sub-nanometer imaging and effortless analytics. Users benefit from innovations in the electron optics and a new chamber design offering better image quality, usability and flexibility. ZEISS GeminiSEM 560 now being introduced brings the ZEISS Gemini 3 column to the market for the first time.

The base year of the study is 2021, with forecast done up to 2027. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the Nano Toxicity & Safety market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, and Nano Toxicity & Safety manufacturing method analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the key global Nano Toxicity & Safety Market players, to define, describe and analyze the sales value, market share, SWOT analysis and development plans in upcoming years.