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In-Depth Market Research and Trend Analysis

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Nanotechnology


The market for graphene used in medical applications is projected to grow at a CAGR of 39.1% through 2026.

 

Graphene was first isolated from graphite in 2004 by Prof. Andre Geim and Prof. Kostya Novoselov at the University of Manchester in the U.K. Since then, this one-atom-thick carbon allotrope with a hexagonal honeycomb structure has been rapidly gaining attention worldwide for its unique structure and properties.

 

Various methods are available for producing graphene. They are summarized in the table below, based on popularity. Popularity has been calculated based on the share of global patents and patent applications published during the past 20 years for that particular production method.

 

 

Most of the existing fabrication methods are unable to produce graphene in large quantities without compromising its intrinsic characteristics, thus contributing to the high unit price of this material.  In recent years, roll-to-roll and plasma-enhanced CVD processes, and liquid-phase exfoliation have been developed to manufacture graphene on a mass scale.

 

Graphene is presently sold primarily as mono-, bi-, and few-layer coatings (e.g., on copper foil, silica substrate, or polymer film); nanostructures (e.g., nanoplatelets, quantum dots, and nanoribbons); and graphene oxide powder.

 

At the present time, graphene is chiefly used for applications within the electronics (including optoelectronics), composites, and energy sectors, for fabrication of devices such as supercapacitors, batteries, organic photovoltaic cells, high-strength composites, touch screens, liquid crystal displays, and organic light-emitting diodes. A number of applications are also emerging within the medical field.

 

As shown in the next figure, graphene exhibits various relevant properties, such as high conductivity (electrons move faster than in other materials), flexibility and elasticity, biocompatibility, and antimicrobial properties. All these properties make graphene (and its oxide) suitable for different types of applications within the healthcare sector. They can be grouped according to five main categories: sensors, implants and scaffolds, imaging and testing, therapies, and others.

 


 

The global graphene market is estimated to be valued at $31.3 million in 2016 and forecast to grow at a 45.7% CAGR during the next 10 years, exceeding global revenues of  $1.3 billion by 2026. Graphene for medical applications is estimated to account for just 2.2% of the global market in 2016. Growing at a CAGR of 39.1%, graphene for the healthcare sector is projected to generate global revenues of $18.7 million in 2026. Sensors and therapies will account for nearly 70% of the market.

 

 


The next table provides a list of key producers of graphene, with special focus on medical applications.

 

 

Key producers of graphene.

 

Company

Location

Product Type

2-DTech Graphene

Cheltenham, U.K.

Graphene in various forms

Abalonyx

Oslo, Norway

Graphene oxide

ACS Material

Medford, MA

Graphene in various forms

Advanced Graphene Products

Nowy Kisielin, Poland

High-strength metallurgical graphene

Angstron Materials

Dayton, OH

Graphene nanoplatelets and dispersions

Applied Graphene Materials

Cleveland, U.K.

Graphene nanoplatelets and dispersions

Avanzare

Navarrete, Spain

Graphene nanoplatelets

CealTech

Stavanger, Norway

Single-layer pure graphene

DFJ Nanotechnologies

Shijiazhuang, China

Graphene in various forms

First Graphite

Nedlands, West Australia

Graphene nanoplatelets

Grafen

Ankara, Turkey

Graphene in various forms

Grafoid

Kingstone, Canada

Few-layer graphene

Graphene 3D Lab

Calverton, NY

Graphene in various forms

Graphene Frontiers

Philadelphia, PA

Graphene for biosensors and medical devices

Graphene Industries

Manchester, U.K.

Graphene on silicon dioxide

Graphene Nanochem

Camberley, U.K.

Graphene in various forms

Graphene Square

Seoul, South Korea

Roll-to-roll CVD graphene

Graphenea

San Sebastian, Spain

Graphene films and graphene oxide powder

Graphensic

Linkӧping, Sweden

Epitaxial graphene on silicon carbide

Grupo Antolin

Burgo, Spain

Graphene oxide

Hangzhou Gelanfeng Nanotechnology

Zhejiang, China

Graphene in various forms

Nanjing XFnano

Nanjing City, China

Graphene in various forms

Nanoinnova Technologies

Madrid, Spain

Graphene in various forms

Nanointegris Technologies

Menlo Park, CA

Graphene nanoplatelets

Nanotech Biomachines

Berkeley, CA

Graphene for biodetection

Perpetuus Advanced Materials

Ammanford, U.K.

Functionalized graphene

Shanghai Simatt Energy Technology

Shanghai, China

Graphene in various forms

Stanford Advanced Materials

Irvine, CA

Graphene and graphene oxide nanopowder, CVD graphene

Suzhou Graphene Nanotechnology

Suzhou, China

Graphene in various forms

Vorbeck

Jessup, MD

Graphene inks for wearable devices

XG Sciences

Lansing, MI

Graphene nanoplatelests, dispersions, and inks

Xolve

Middleton, WI

Graphene dispersions

Yantai Sinagraphene

Yantai City, China

Graphene nanoplatelets

Zhongtuo Materials Technology

Beijing, China

Graphene in various forms

 

Source: AMG NewTech

 

 

Related topics: Synthesis of graphene, biosensors for foodborne pathogens, graphene quantum dots for chemo-photothermal cancer therapy, graphene-based flexible and stretchable bioelectronics, graphene scaffolds for the nervous system, graphene-based super-resolution imaging

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