Rationale and trends of applied nanotechnology

Nanotechnology has opened new possibility to transform agriculture, health sector, industry, and environment at a sustainable and cost-effective level widely. Nano-derived products, armoring with the credential features, are still in newborn stages and very sluggish in societal uses. The manufacturing process, regulatory challenges, and awareness are the major drawbacks for it. The major hurdle for nanotechnology-based systems is the developing cost, which needs to be deprived. Another global challenge is the condition for the synthesis and storage of several nanoparticles that is unfavorable in low-resource countries. The variation in the regulatory authority within the global nanotechnological society is another obstacle for smooth multicentric international trials. Nevertheless, the swift translation of nano-mediated technology from in vitro to the people has indicated its importance and demands in the future. Hence, the proposed chapter has aimed at describing the essentials of nanotechnology and its regulatory bodies. Also, the chapter explained the cheaper way of nanoformulation and its multicentric applications. The overall description will open the avenue for nanotech research and facilitate the researchers for their upcoming nanotechnology research.