"An investment in knowledge pays the best interest." — Benjamin Franklin
The current costs of MS Treatment are expensive. “On average, the medicines cost $70,000 per year, according to a 2017 study.” Additionally, treatments are not necessarily effective unless treated during the early stages of the disease.
The cost of implementing nanotechnology is expensive, several methods can take place such that the cost is affordable in the future.
The global market is expected to increase. Investing in this technology can increase jobs and this technology could potentially have a significant impact on the global market (especially in the medical field).
Nanotech is Promising
The number of patent applications is increasing as more and more investors are investing in the possibilities of nanotech. “The global market for nanotechnology should grow from $5.2 billion in 2021 to $23.6 billion by 2026, at a compound annual growth rate (CAGR) of 35.5% for the period of 2021-2026.”
Research in Nanotech is Rapidly Increasing
Countries and people are realizing the potential of nanotech and are now striving to grasp it. We are not afraid to challenge the race.
According to the US Department of Energy, novel ideas are being proposed in order to reduce the cost of nanotechnology.
Modular Hybrid Plasma Reactor (MHPR)
Plasma reaction processes and new plasma reactor designs
Viable for large-scale production processes
Minimum waste and emissions are created
“produce nanomaterials with consistent particle morphology and size (> 95% of nanomaterial less than 100 nm)”
“desirable surface chemistry”
“Reduced contaminants (> 99.5% purity)”