Global Graphene Quantum Dots (GQDs) Market to Grow on Account of Rising Healthcare Expenditure Worldwide; Market to Grow with a CAGR of 22.93% During 2021-2030

 

Kenneth Research has released a report titled Graphene Quantum Dots (GQDs) Market: Global Demand Analysis & Opportunity Outlook 2030which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.

In one of the statistics by the World Bank, the current health expenditure per capita worldwide, touched USD 1110.268 (in current US$) in the year 2018, up rom USD 914.21 in the year 2010.



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The statistics portray the growing expenditure on health, which is one of the major factors contributing to the advancements in the medical industry. Over the past few years, the medical industry has witnessed drastic changes, especially in the field of medical imaging. Amongst all the latest developments, graphene quantum dots (GQDs) are one such nanomaterial which is used for medical imaging of different chronic diseases, backed by its properties of photoluminescence, physiological stability, and biocompatibility among others. On the other hand, the increasing use of GQDs in the field of optoelectronics for the manufacturing of different types of display panels is also anticipated to contribute to the growth of the global graphene quantum dots (GQDs) market in the coming years.

The global graphene quantum dots (GQDs) market is anticipated to grow with a CAGR of 22.93% during the forecast period, i.e., 2021-2030. The market is estimated to garner a revenue of USD 15673.2 Thousand by the end of 2030. Moreover, in the year 2020, the market generated a revenue of USD 2058.0 Thousand. The market is segmented by application into bio-imaging, cancer therapeutics, temperature sensing, drug delivery, LEDs lighter converters, and others. By the end of 2030, the temperature sensing segment is anticipated to garner the largest revenue of USD 5676.8 Thousand. Additionally, the segment generated a revenue of USD 644.7 Thousand in the year 2020.

By region, the global graphene quantum dots (GQDs) market is segmented into North America, Europe, Asia Pacific, and Rest of the World, out of which, the market in the Asia Pacific is anticipated to garner the largest revenue of USD 6284.6 Thousand by the end of 2030. Additionally, the market in the region generated a revenue of USD 750.4 Thousand in the year 2020.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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However, the high cost of GQDs, and the availability of low-cost alternatives are predicted to hinder the growth of the market in the years to come.

This report also provides the existing competitive scenario of some of the key players of the global graphene quantum dots (GQDs) market, which includes company profiling of Merck KGaA, NANOCHEMAZONE, Sisco Research Laboratories Pvt. Ltd., American Elements, ACS Material, LLC, Graphene Square Inc., Strem Chemicals, Inc., Dotz Nano Limited, Green Science Alliance Co., Ltd., and others.

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Graphene Quantum Dots (GQDs) Market: Global Demand Analysis & Opportunity Outlook 2030, analyses the overall global graphene quantum dots (GQDs) industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global graphene quantum dots (GQDs) market in the near future.

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Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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