Download
1 / 3
30 likes | 36 Views
The pollution across the globe has risen considerably over the past few years. The pollution levels are particularly high in urban areas, which can be ascribed to the swift industrialization, rising number of construction activities, and surging number of vehicles on roads. While the usage of vehicles and consumer products have made things incredibly easy for people, the resulting pollution is also significantly affecting their health. A substantially high number of people have died due to the increased pollution levels.
E N D
Healthcare Demand for Air Quality Monitoring Growing due to Rising Prevalence of Respiratory Disorders © P&S Intelligence. All rights reserved Page 1
The pollution levels across the globe have been increasing rapidly, owing to the increased number of vehicles on the roads, rapid industrialization, and surging utilization of fossil fuels for generating energy. Moreover, the swiftly increasing population around the globe is further driving the demand for energy. Despite the fact that dependence on industries or energy cannot be decreased now, there is a pressing need for curbing the pollution levels. Air pollution is responsible for causing respiratory problems among people. As per the World Health Organization, about 4.2 million people died in 2016 because of air pollution. Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/air- quality-monitoring-devices-market/report-sample Owing to these factors, the demand for air quality monitoring (AQM) has been increasing across the world. As per a study conducted by P&S Intelligence, the global AQM market is predicted to generate a revenue of $6.5 billion by 2023, rising from $3.9 billion in 2017, advancing at an 8.9% CAGR during the forecast period (2018–2023). The two types of AQM products are outdoor and indoor, between which, the demand for outdoor devices is predicted to increase significantly in the years to come. These products can detect the presence of biological, chemical, and physical pollutants. The major end users of AQM products are pharmaceutical industry, government agencies and academic institutes, power generation plants, commercial & residential sectors, and petrochemical sectors. Among all these, commercial & residential sectors are projected to make considerable usage of AQM in the years to come. This can be ascribed to the surging levels of air pollution and the growing need for monitoring them in densely populated areas. Geographically, North America has been the largest user of AQM up till now, and the region is further expected to create the largest demand for these products in the coming years as well. Report Description: https://www.psmarketresearch.com/market-analysis/air-quality-monitoring- devices-market This is due to the rising number of patients suffering from respiratory disorders, surging pollution levels, and increasing awareness regarding the effect of air pollution on the environment and human health. Apart from this, the adoption of AQM products is also predicted to rise significantly in Asia-Pacific, thereby making the region the fastest-growing AQM market in the near future. This is because of the growing prevalence of respiratory disorders, increasing pollution levels, swift industrialization, and rising number of strict regulations about curbing air pollution in the region. Disclaimer: © P&S Intelligence. All rights reserved Page 2
P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved Page 3
