Molecular Communications Market: Overview
Molecular
communication is an emerging technology model where bio-nano machines such as
genetically engineered cells, and artificial cells, among others communicate
with each other to perform coordinated actions. It makes use of biological
molecules both as an information and carrier instead of using electromagnetic
waves (EMW). EMW is being used by most of the traditional communication
systems.
Although
various modern telecommunication systems rely entirely on electromagnetic or
electrical signals, there are still many applications where these technologies
does not work appropriately including pipelines, tunnels and underwater
environments, among others. Different advantages provided by molecular
communication includes biocompatibility, size and bio-stability.
The
global molecular communications market can be segmented on the basis of
applications and geographical regions. Based on different applications, the
market is classified into bio-hybrid implants, drug delivery system (DDS), data
transmission, robotics and lab-on-a-chip (LoC) systems. Geographically, the
market is categorized into North America, Europe, Asia Pacific (APAC), Middle
East and Africa (MEA) and Latin America.
Molecular Communications Market: Growth Enablers
The
growing advancement in nanotechnology is currently the major factor which is
driving the global molecular communications market. This is further supported
by various research and development activities taking place to expand these
kind of technologies across various applications including molecular biology.
However, the market growth is currently inhibited by expansive, laborious, and
tedious nature of web lab experimentation.
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Molecular Communications Market: Key Participants
Some of
the key participants undertaking research and development (R&D) activities
in the global molecular communications market include IDA (Ireland), National
Institute of Information and Communication Technology (Japan), and Tatsuya Suda
& Company, among others.
The
report offers a comprehensive evaluation of the market. It does so via in-depth
insights, understanding market evolution by tracking historical developments,
and analyzing the present scenario and future projections based on optimistic
and likely scenarios. Each research report serves as a repository of analysis
and information for every facet of the market, including but not limited to:
Regional markets, technology developments, types, applications, and the
competitive landscape.
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