Nanosensors Market Share

North America Market Forecast

The North America nanosensors Market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036, backed by increasing demand for nanosensors for homeland security and military purposes, growing innovations to develop advanced Warfield gear and rising demand for portable diagnosis systems in the United States. Along with these, the surge in medical spending and the presence of key market players are also projected to boost the market growth in the region. According to the Organization for Economic Co-operation and Development (OECD), the United States accounted for the highest health spending in 2019. The amount totaled an estimated value of USD 11,072/per capita.  Further, the increasing prevalence of diabetes in the region, which in turn is foreseen to bring a hike in the demand for effective disease detection techniques. This is also considered to result in the market growth in North America in the coming years.