Nanotechnology has been a major cause of concern for scientists as more and more consumer products are using this technology to manufacture goods that can pose health and environmental hazards.
Anonymous human health and other environmental effects of nanotechnology have been a bigger worry for scientists as compared to public, as per studies by University of Wisconsin-Madison professor of life sciences communication and journalism in America, according to news reported by Sciencedaily.
As per Nature Nanotechnology report, new discoveries are in close contrast to debates aroused by the arrival of technologies of the past like nuclear power and GM (Genetically Modified) food, which scientists view as have lower risks than perceived by the public.
Nanotechnology is a thriving business - around US$30 Billion to US$200 Billion worth of products were made on nanotechnology in 2005. One approximation proposes that 15% of worldwide manufactured goods will have nanotechnology by 2014, which is likely to result in a number of products from which potential claims could arise, as per Lloyd, insurance service provider to businesses in 120 countries, as reported by Nanowerk.
Many consumer products, mostly cosmetics, sunscreens and other products of hygiene with minute particles, comprise of nano materials. In medicine, prospective applications vary from in-body diagnostic devices to trace drug delivery to tissue engineering.
Nanotechnology has emerged from the ability of science to influence matter at the lowest scale right from the order of atoms and molecules. This technology has large perspective to create or develop applications, which range from new antimicrobial materials and tiny probes to sample individual cells in human patients to immensely prevailing computers and lasers.
Scientists, however, have a positive attitude towards the benefits of nanotechnology. They show increased concern about technology-related health problems and pollution.
As per a Senior Research Analyst at RNCOS, “Nanotechnology is a new concept that has been recently introduced to the world. Many researchers are using or studying this technology to introduce innovative products to the world. There have been several controversies about this technology in the market. However, nanotechnology can bring direct benefits to the public with more stronger and adaptive materials. This could have a direct impact on medicines, making them cheaper and more effective. The technology can also assist in effective cleanup operations with the use of specialized nano-particles. These countless advantages can answer the worries and problems of both scientists and public.”
Related Market Research Reports:
Global In Vitro Diagnostic Market Analysis
Emerging Pharmaceutical Markets Globally
Indian Contract Manufacturing - A Hot Opportunity
