What are the benefits and possible risks of Nanotechnology? What about oversight and accountability?
Question by mrscmmckim: What are the benefits and possible risks of Nanotechnology? What about oversight and accountability?
Nanotechnology means manipulating atoms to make things that are a thousand times smaller than the diameter of a human hair. Most Americans may never have heard of it, but it’s already an important part of many consumer products. Cosmetics, stain-resistant fabrics, golf balls and computers all contain these manufactured components that are invisible to the human eye. Medical cures and pollution controls could be next, producing a one trillion-dollar industry by 2015–unless some unexpected crisis erodes public confidence.
Best answer:
Answer by Marianne_not_Ginger
Have you read “Prey” by Michael Creighton? I read this several years back before the world had heard of nanotechnology. It was enough for me to decide that it scares the beejeezus out of me. Granted…….it was a book. But the thought that these atoms could almost take on a life of their own is a bit disconcerting.
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Read MoreBharatbook.com : Performance and Future Outlook of Nanotechnology Industry Globally
Bharatbook.com : Performance and Future Outlook of Nanotechnology Industry Globally
Nanotechnology Market Forecast Report ( http://www.bharatbook.com/Market-Research-Reports/Nanotechnology-Market-Forecast.html ) provides the information about the emerging trends of Nanotechnology Market.
Nanotechnology is going to pave the way for a revolution in materials, information and communication technology, medicine, genetics and so on as it starts moving from the laboratories to new markets. It helps to improve products and production processes with better characteristics or new functionalities. In coming years, products based on nanotechnology are expected to impact nearly all-industrial sectors and will enter the consumer markets in large quantities. Considering the future prospects of nanotechnology, countries across the world are investing heavily in this sector.
The global market for nanotechnologies is projected to grow at a CAGR of around 20% till 2013. “Nanotechnology Market Forecast to 2013” report also projects that market for nanotechnology incorporated in manufactured goods will worth US$ 1.6 Trillion, representing a CAGR of more than 49% in the forecast period (2009-2013). This growth will largely be driven by massive investment in nanotechnology R&D by both governments and corporates across the world.
According to our report findings, at the regional level, the Asia-Pacific region will experience the fastest growth in market for nanotechnology enabled goods, with CAGR pegged at around 52% in the forecast period, followed by Europe. The recent moves by the emerging markets such as India, China and Russia in the field of nanotechnology research and development will continue to the most prominent factors behind the growth in these countries.
Our updated and detailed research report evaluates an overview of emerging trends. The report has segmented the nanotechnology market by application and R&D investment. It discusses the nanotechnology market by key countries showing their prominence in the sector together with the emerging nations in the domain. Besides, the report covers various growth potential areas in the nanotechnology market at the global level.
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