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Biological Machines Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2013 2019

981 words - 4 pages

Biological Machines Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2013 - 2019 Biological machines are cellular devices designed to perform various functions such as protein expression, sensing, transport, information processing and actuation in a micro-environment. Also known as cellular systems, biological machines are used as tools for biological repair, implants for drug release, synthesis and sensing and also as organ mimics for drug testing. Rapid convergence of engineering and biotechnology is assisting in the development of biological machines. The biological machines market is in its developing phase characterized by under research and development ...view middle of the document...

The NSF had granted USD 25 million in 2010, for a five-year term to establish the Emergent Behaviors of Integrated Cellular Systems Center (EBICS) each at MIT, University of Illinois and the Georgia Institute of Technology. Besides healthcare, biological machines find applications in other aspects that potentially effect health. Researchers from the Imperial College London have demonstrated a way of developing a new type of biological wire using proteins, which interacts with DNA and act as wires in an electrical circuitry. This new wire has the capability of being re-engineered over and again to create billions of connections between DNA components. Re-wiring of DNA in yeast can aid in performing various tasks such as detecting contaminants in water supplies and recording environmental conditions in the production of biofuels. Once successful, new organs can be designed and implanted using biological robots which have the ability to sense drug or glucose levels in the blood stream and respond accordingly by stimulating or inhibiting the secretion. Biorobots can be used to perform nanoscale tasks inside the human body. Retinal implants, sensory systems, cortical implants, auditory system, nanotube electrodes and other such products can be developed using biological machine technology. Principles of cellular systems are applied to develop these biological machines i.e. implants and nanoscale products that can perform small tasks in the human body. Being at its nascent stage, the biological machines market is profound in the developed countries of North America and Europe. Approval of biological machines by the FDA and other regulatory authorities will require additional time as these machines directly react with the biological systems. The market for biological machines in the developing regions is still far from development owing to slower rate of acceptance and lack of advanced healthcare infrastructure. This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include North America Asia Pacific Europe Rest of the World This report provides comprehensive analysis of Market growth drivers Factors limiting...

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