Nanotechnology has emerged as an important field of modern scientific research due to its diverse range of applications in the area of electronics, material sciences, biomedical engineering, and medicines at nano levels such as healthcare, cosmetics, food and feed, environmental health, optics, biomedical sciences, chemical industries, drug-gene delivery, energy science, optoelectronics, catalysis, reprography, single electron transistors, light emitters, nonlinear optical devices, and photoelectrochemical applications and other applications. Due to these immense applications of nanotechnology in biomedical science, it has became possible to design the pharmaceuticals in such a way that they could directly treat diseased cells like cancer and make microscopic repairs in hard-to-operate-on areas of the body. The nanomachines have been designed to clean up toxins or oil spills, recycle all garbage, eliminate landfills, etc. The chapter summarizes the present and future applications of nanotechnology for human welfare but needs further study in catalysis, optical devices, sensor technology, cancer treatment, and drug delivery systems.