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Nanotechnology's Commercial Impact: By The Numbers

Nano-enabled products' value weigh in at $147 billion in 2007

For all the conversation about nanotechnology over the past 10 years or so, is there any evidence that this enabling technology is gaining a foothold in the production of manufactured goods? The answer is yes, according to the latest report from Lux Research, a strategic advisory firm that describes nanotechnology as "over-hyped earlier in this decade." Lux Research examined the current and future impacts of nanotechnology and offers up these conclusions:

$147 billion value of nano-enabled products produced in 2007

$3.1 trillion estimated value of nano-enabled products in 2015

$13.5 billion amount spent on nanotechnology R&D in 2007

14% percentage increase in nanotech R&D spending from 2006 to 2007

$6.6 billion value of global corporate spending on nanotech R&D in 2007

23% percentage increase in global corporate spending on nanotech R&D from 2006 to 2007

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