The Uses And Advantages Of Using Nano-Technology In The Medical Industry
Introduction
Ongoing technological growths in healthcare have saved countless lives and improved the quality of life for even more. Technology has a big impact on medical procedures and/or of healthcare professionals but it has changed the experiences for and their patient’s families. Nano Tech Co., Ltd is a company made in 2004, with a 32,000m2 factory area with automatic production line annual output aerogel 3,000,000m2. What they do is manufacture the material used to make nano-tech tools. This particular material is called Aerogel. It is the lightest solid material and is used to make nano-tools light weight.
Nanotechnology is a scientific field that involves moving individual atoms and molecules around to create new things on an ultra-small scale such as tiny machines that can do specific jobs according to. Silica aerogel is known as the best material for insulation at present due to its properties like thin insulation material increases room in small spaces environment-friendly, does not create any chemical hazards to natural environment and fire resistant Exceptionally resistant to humidity.
According to Banova, (2016) areas like biotechnology, pharmaceuticals, information technology, nano-technology, the development of medical devices and equipment, and more have all made significant contributions to improving the health of people all around the world. From “small” innovations like adhesive bandages and ankle braces, to larger, more complex technologies like MRI machines, miniature surgical equipment called nano-bots, artificial organs, and robotic prosthetic limbs, technology has undoubtedly made an incredible impact on medicine.
Nanotechnology can also benefit the energy sector. The development of more effective energy-producing, energy-absorbing, and energy storage products in smaller and more efficient devices is possible with this technology. Such items like batteries, fuel cells, and solar cells can be built smaller but can be made to be more effective with this technology therefore bringing more revenue to the manufacturers.
Nano-medicine is a field of science is a technology used to diagnose, treat and prevent diseases. Not only that but, traumatic injury, it relieves pain and preserves and improve human health. It is done through the use of nano-scale materials genetic engineering and Nano-robots. Nanotechnology has the potential to offer invaluable advances such as use of Nano-coatings to slow the release of asthma medication in the lungs, allowing people with asthma to experience longer periods of relief from symptoms after using inhalants. Thus, what nanotechnology tries to do is essentially make drug particles in such a way, that they don't dissolve that fast.
According to Boysen (2018), one way in which of nanotechnology has currently being made better or is transportation. It involves using the nano-tech particles to carry drugs or other substances to cells which needs it . The nano-tech particles are made in such a way that they attract to cells that are diseased, which enables those cells to be treated directly. This way of treatment lessens any impairment to healthy cells in the body and permits for earlier recognition or detection of disease. For example, cancers cells will have nano-tech partclies deliver chemotherapy drugs directly to the them. These drug delivery nano-tech are being developed and an approval for their use is pending. However, nanotechnology is very expensive and developing it can cost a lot of money. It is also pretty difficult to manufacture, which is probably why products made with nanotechnology are more expensive.
What caused this Impact?
The idea of nanotechnology first came from the physicist Richard Feynman (born in 1959) who imagined the entire Encyclopedia Britannica could be written on the head of a pin and in the medical industry there is always the need of tool and machinery to carry out lifesaving procedures which maybe too tedious for a doctor/surgeon to handle. Not only that but, responsible development of nanotechnology can be characterized as the balancing of efforts to maximize the technology’s positive contributions and minimize its negative consequences. Thus, responsible development involves an examination both of applications and of potential implications. It implies a commitment to develop and use technology to help meet the most pressing human and societal needs, while making every reasonable effort to anticipate and mitigate adverse implications or unintended consequences taken from. As with any advance in diagnostics, the ultimate goal is to enable physicians to identify a disease as early as possible. Nanotechnology is expected to make diagnosis possible at the cellular and even the sub-cellular level.
How Organization/s Use Nanotechnology It Their Advantage
According to the government ran Nano.gov, nano-technology the medical tools, information, and treatments currently available to clinicians has increased. The way in which nanotechnology is used in medicine pulls on the natural scale of biological phenomena to make direct solutions for preventing disease, diagnosis, and treatment. Below are some examples of recent advances in this area:
- Commercial applications have adapted gold nanoparticles as probes for the detection of targeted sequences of nucleic acids, and gold nanoparticles are also being clinically investigated as potential treatments for cancer and other diseases.
- Better imaging and diagnostic tools enabled by nanotechnology are paving the way for earlier diagnosis, more individualized treatment options, and better therapeutic success rates.
- Nanotechnology is being studied for both the diagnosis and treatment of atherosclerosis, or the buildup of plaque in arteries. In one technique, researchers created a nanoparticle that mimics the body’s “good” cholesterol, known as HDL (high-density lipoprotein), which helps to shrink plaque.
- The design and engineering of advanced solid-state nano-pore materials could allow for the development of novel gene sequencing technologies that enable single-molecule detection at low cost and high speed with minimal sample preparation and instrumentation.
- Nanotechnology researchers are working on a number of different therapeutics where a nanoparticle can encapsulate or otherwise help to deliver medication directly to cancer cells and minimize the risk of damage to healthy tissue. This has the potential to change the way doctors treat cancer and dramatically reduce the toxic effects of chemotherapy.
- Research in the use of nanotechnology for regenerative medicine spans several application areas, including bone and neural tissue engineering. For instance, novel materials can be engineered to mimic the crystal mineral structure of human bone or used as a restorative resin for dental applications. Researchers are looking for ways to grow complex tissues with the goal of one day growing human organs for transplant. Researchers are also studying ways to use graphene nanoribbons to help repair spinal cord injuries; preliminary research shows that neurons grow well on the conductive graphene surface.
- Nano-medicine researchers are looking at ways that nanotechnology can improve vaccines, including vaccine delivery without the use of needles. Researchers also are working to create a universal vaccine scaffold for the annual flu vaccine that would cover more strains and require fewer resources to develop each year.
The Chief Technology Officer’s Influence In Nano-technology
A CTO is successful if he or she effectively supports and enables the business of the company. The way to do that is to understand how technology is going to impact the business. The CTO can measure effectiveness using the same metrics that are used to measure the business. Of course, the tools that the CTO uses to drive that business success are technical ones. These include technical expertise, technology leadership, and use of information technology for strategic gain. All CTOs need to have credibility as technology leaders. They must be credible in the eyes of the other corporate leaders, the employees, and the customers.
In the medical industry, for nano-technology, the Chief Technology Officer would not only have expertise in the medical field, but also in the field of Information Technology. In Takuya Tsuzuki’s book “Nanotechnology Commercialization” he highlighted his research in nanoparticles and worked along with Risk Management and Occupational Health personnel in developing nano-technology. Takuya Tsuzuki is associate professor of nanomaterials at the Research School of Engineering, College of Engineering and Computer Science, Australian National University. He received his PhD in Condensed matter Physics from Kyoto University, Japan. He was the CTO of one of the first nanotechnology companies in Australia, where he successfully commercialized the university patent he co-developed. He played a key role in the large-scale production and product development of commercial nano-particles. His research interests include the synthesis, characterization and applications of nano-particles, green nanomaterials for sustainable development, nano-metrology and nano-safety and translational nanotechnology according to.
Implications for management of Nanotechnology
The value of nanomaterials in many technology areas is very high because of their versatile properties. As a result, the investment in nanotechnology by the U.S. government has had a very steady growth; in 2004 investment from a range of different federal agencies reached nearly $1 billion, noted Kenneth Olden, National Institute of Environmental Health Sciences. Industrial investment in this area is also growing steadily. Today some nanomaterials are already being used commercially. For example, some companies are using TiO2 nanoparticles in sunscreen lotions because they provide transparency to a sunscreen, and are believed to be less toxic than the organic molecules currently used as UV absorbers in many sunscreen formulations. Nanomaterials can also be found in sporting equipment, clothing, and telecommunication infrastructure. The future of nanotechnology is boundless, according to some speakers. Some of the items that exist today were a topic of science fiction a decade ago and have the potential to transform our society very quickly, said Douglas Mulhall, author of Our Molecular Future.
Recommendation
This report has only investigated the uses and advantages of using nano-technology in the medical industry. It has not made an assessment of the market demand or marketability of this product, as well as the cost to use and manufacture the products. It is recommended that these factors be assessed. Market demand should be quantified and analysed against production and set-up costs in order to establish the optimal scale of production. Further research is required to find out more cost effective materials to manufacture this nanotechnology so it will be affordable for customers in need of medical care.
Conclusion
In conclusion, nanotechnology can be used and developed in several ways and for different industries. For the medical field, as highlighted, the nanotechnology can be used to observe the happenings of what goes on inside the human body. It can also be used to detect certain diseases and cure certain ailments. The Chief Technology Officer is responsible for using his or her expertise, and with the aid of a team of individuals qualified with the skill and knowledge, be able to solve problems. The problems in this case would be medical issues.
