Quantum dots (QDs) are gaining immense traction as a new fluorescent probe for molecular imaging. Owing to outstanding properties of QDs, major enterprises working in the global quantum dot sensor market are grabbing this opportunity and unlocking the potential of this concept as biocompatible carriers in order to deal with the coronavirus disease. QDs are popularly known as semiconductor nanomaterials. These materials connect with high fluorescent probes, which are essential for the detection of diverse cellular procedures.
According to the analysts at Transparency Market Research, the global quantum dot sensor market is likely to show growth at a whopping CAGR of about 23% during the assessment period of 2021 to 2031. This signifies that the market will gather revenues of around US$ 100 Mn by 2031, the end of forecast period.
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Quantum Dot Sensor Market: Key Findings
- Effectiveness of Quantum Dots to Obstruct COVID-19 Virus Growth Fuels Market Demand
Quantum dots (QDs) refer to complicated agents that have capability to hinder the COVID-19 virus activity. As a result, major enterprises from the quantum dot sensor market are leveraging this opportunity and focused on the healthcare applications in order to efficiently work as biosensors and potential targeting agents for different viruses as well as cancer cells. This scenario depicts that the players in the global quantum dot sensor market will gain promising growth avenues in the forthcoming years.
- Market Enterprises Focus on Research and Development Activities
Major companies operating in the global quantum dot sensor market are growing their investments in research and development activities. One of the key factors driving these investments is the development of small pixel pitch shortwave infrared (SWIR) detectors, founded on quantum dot sensors.
- Enterprises Focus on Using Manufacturing-Friendly and Cost-Effective Approach
Several players working in the global quantum dot sensor market are focused on boosting the availability of manufacturing-friendly and cost-effective approaches to multifaceted electronic devices manufactured in a chemistry lab using solution-based methodologies. Printable circuits, smart implants, and wearable devices are some of the key potential applications of non-toxic QDs.
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Quantum Dot Sensor Market: Growth Boosters
- Over the period of past few years, there is substantial growth in demand for various energy-efficient consumer electronic devices. The list of devices manufactured using the quantum dot sensor technology includes smartphones, digital cameras, and biological sensors. Thus, increased demand for all these devices is working as one of the key driver for the expansion of the global quantum dot sensor market throughout the assessment period 2021–2031.
- Various cameras manufactured using quantum dot sensors technology hold ability to sense as well as assist in navigation in the dark atmosphere. Thus, increased demand for such high-quality quantum dot sensor-based digital cameras and surveillance cameras is working as one of the key factors fueling the sales avenues in the global quantum dot sensor market.
- Apart from this, easing of quantum dot sensor production and gaining high-performance capabilities of quantum dot sensors are some of the key factors that will help in the growth of the global quantum dot sensor market in the years to come.
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Quantum Dot Sensor Market: Well-Established Participants
The new research report profiles many key participants working in the quantum dot sensor market. Thus, the study includes key product offerings, recent developments, strategies, and financials of all players in the market.
The list of key market players includes following names:
- Nanoco Group PLC.
- Apple Inc. (InVisage Technologies Inc.)
- Merck Group
- Samsung Group (QD Vision)
- NN-Labs®
- Teradyne Inc.
- OSRAM Opto Semiconductors GmbH
- Ocean NanoTech, LLC
- Quantum Solutions
- Nanosys
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