Commercialization of Nanotechnology

Drug delivery, imaging diagnostics, clinical diagnostics, nanomedicines, and the use of nanomaterials in medical devices are just a few of the areas of medicine that nanotechnology is already influencing. Numerous goods are now available on the market, and more are being developed as a result of this technology. The most active areas of product development are medication delivery and in vivo imaging. There is a steady increase in momentum for the successful development of further nanotech products to diagnose and treat disease. In the pharmaceutical sector, nanotechnology is also addressing a number of unmet requirements, such as drug reformulation to increase bioavailability or decrease toxicity. At least three generations or phases of advancement in medical nanotechnology are anticipated, starting with the introduction of basic nanoparticulate.

Nanotechnology has the potential to considerably advance and even completely transform many facets of medical practise and medical product development. This is obvious from the growing and potential commercial uses of nanotechnology. Numerous facets of medicine are already being impacted by nanotechnology, including clinical diagnostics, medication delivery, diagnostic imaging, nanomedicines, and the use of nanomaterials in medical equipment. Numerous items are already available on the market and an increasing number are in development thanks to this technology.