Surging Air Pollution Levels Driving Air Quality Monitoring Market

In 2017, the global air quality monitoring market size reached a value of $3.9 billion and is expected to advance at an 8.9% CAGR during the forecast period (2018–2023). The surging air pollution levels, implementation of strict regulations for decreasing air pollution levels, and increasing awareness about harmful effects of air pollution on health and environment are the major factors positively impacting the market. The monitoring of air pollutants in outdoor and indoor environment, by analyzing and evaluating different parameters of air quality, is referred to as air quality monitoring (AQM).

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In terms of sampling method, the air quality monitoring market is divided into intermittent, manual, continuous, and passive. Out of these, the continuous division dominated the market during the historical period (2013–2017) and is further expected to account for the major share of the market during the forecast period. The reason for this that this sampling method can operate over long periods with minimal operator intervention. Due to this, the division is further predicted to advance at a CAGR of 9.8% during the forecast period.

A major driving factor of the air quality monitoring market is the surging air pollution levels, which is being caused by the swiftly growing urban population that is exploiting natural resources and producing waste. Other factors causing air pollution include burning of fossil fuels, vehicular emissions, mining operations, and changing agricultural practices. Because of the rapidly increasing pollution levels, there has been a surge in the number of diseases associated with air pollution. All these factors are contributing to the rising demand for AQM around the world.

Technological advancements in the AQM products is expected to provide wide opportunities to the players operating in the air quality monitoring market. In order to improve environmental protection, research and development activities have resulted in the introduction of various changes in the monitoring technology, such as real-time information on emission levels of greenhouse gases and other hazardous chemicals. Moreover, several government organizations and AQM vendors are engaging in R&D activities for developing and implementing new air quality approaches and technologies.

Hence, the market is witnessing growth due to the increasing air pollution levels and rising awareness about the adverse effects of degrading air quality on health and environment.

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PTFE Market Analysis and In-Depth Analysis on Market Dynamics, Emerging Trends, Growth Factors and Sales Forecast

In 2018, the global polytetrafluoroethylene (PTFE) market generated a revenue of $2,197.8 million and is projected to attain a value of $2,953.6 million in 2024, witnessing a 5.0% CAGR during the forecast period (2019–2024). In terms of end use, the industrial processing sector is predicted to dominate the market during the forecast period, as the chemical is utilized for coating different products in the chemical processing industry in order to improve the electrical load bearing capacity of the base material, decrease friction and sticking, and enhance chemical and heat resistance.

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On the basis of type, granular category is expected to hold the largest share of the PTFE market during the forecast period, which is attributed to the suitability and extensive usage of this type in seals, gaskets, and rings for aerospace and automotive applications. The fastest growth is projected to be registered by the powder category during the forecast period because of its wide applications in coatings and electrical tapes, cables, and wires. In terms of application, the market is predicted to be dominated by the coatings’ division during the forecast period.

The rising requirement for PTFE from the electrical & electronics industry is a key driving factor of the PTFE market. PTFE finds in applications in different electrical & electronics products, such as fabrication of semiconductor devices, cable tires, barb insulators, battery binders, connectors, circuit breakers, and brush holders. In addition to this, the requirement for electrical and electronics goods is expected to increase in the coming years due to the growing population, primarily in the South Asian countries. This is further projected to drive the demand for PTFE.

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The utilization of PTFE in medical devices is a key trend in the PTFE market. PTFE has replaced the usage of conventional plastics because of its properties such as resistance to ultraviolet radiation, coefficient of friction, and chemical inertness. These properties make it suitable for sutures, bio-containment vessels, catheters, and syringes. Apart from this, the high chemical resistivity of PTFE makes it suitable for multi-lumen tubing, which is needed in minimally invasive procedures.

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What is the Major Trend Currently Observed in Global Sleep Apnea Devices Market?

The prevalence of obstructive sleep apnea (OSA) has risen considerably over the past few years. OSA is a serious sleep disorder and causes the breathing to stop and start during sleep. This disease is a type of sleep apnea and occurs when muscles of the throat relax intermittently and block the airway while sleeping. Some of the major symptoms of OSA include, loud snoring, excessive daytime sleepiness, abrupt awakenings accompanied by choking or gasping, morning headache, and observed episodes of stopped breathing during sleep. Attributed to this growing prevalence of OSA, the need for sleep apnea devices is growing rapidly.

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As per a report by P&S Intelligence, the global sleep apnea devices market is predicted to attain a value of $6.8 billion by 2023, rising from $4.4 billion in 2017, and is expected to advance at a 7.7% CAGR during the forecast period (2018–2023). Sleep apnea devices are of two types therapeutic and diagnostic, between which, the demand for therapeutic sleep apnea devices was higher in the past, and these devices are further predicted to be more in demand in the coming years as well.

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All these devices are utilized at-home and at sleep laboratories. The larger demand for sleep apnea devices in the past was created by sleep laboratories in the past, which is owing to the rising per capita healthcare spending and increasing investments by private and public organizations. Other than this, the demand for sleep apnea devices for utilization at-home is also projected to rise considerably in the years to come. This can be ascribed to the rising need for easy-to-use and compact devices in homecare settings across the globe. 

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Commercial Refrigeration Equipment Market Boom a Result of Economic Prosperity

In 15 years between 2002 and 2017, the average national per capita income around the world grew from $4,600 to $8,800, the World Bank reports. This has led to a significant increase in the spending power of people, which is helping them buy slightly costlier stuff, such as packed and ready-to-eat food products and beverages.

Hence, with the rising demand for ready-to-eat and packaged foods and beverages, the growth of commercial refrigeration equipment market is predicted to reach $59.0 billion by 2023, at a 6.2% CAGR during the forecast period (2018–2023). Such equipment is available as walk-in coolers, transportation refrigeration systems, display cases, beverage refrigeration equipment, ice making machinery, and parts.

Among these, the highest demand during 2013–2017 was for beverage refrigeration equipment, due to the technological advancements in such systems and changing consumer preference regarding hospitality. Food service, food and beverage retail, and food and beverage distribution are the major purposes for which such equipment is used. Historically, firms dealing in food service accounted for the highest adoption of such devices, due to the importance of instant food availability at hotels and restaurants.

With the increase in the number of such establishments, the demand for commercial refrigeration equipment for food service continues to boom. During the forecast period, the fastest growth in the usage of these systems would be for food and beverage retail.

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In fact, the growth of the organized retail sector is one of the primary reasons behind the increasing sale of equipment for commercial-scale refrigeration. In most nations, people in cities enjoy a higher purchasing power than those in rural areas. With the rapid urbanization, particularly in emerging economies, such as Brazil, India, and China, the demand for frozen and ready-to-eat stuff is rising.

Hence, as people’s demand for packaged, frozen, and ready-to-consume food products rises, so would the installation of refrigeration equipment at hypermarkets, supermarkets, and retail stores that offer such stuff.

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Insulation Market to Witness 8.6% CAGR during 2018–2025

The global air conditioner and refrigerator markets are witnessing significant growth, majorly because of the increasing demand for these systems from countries such as China and India. Moreover, due to global warming, the need for energy efficient heating, ventilation, and conditioning (HVAC) equipment is also surging. The energy efficiency of HVAC systems is determined by the amount of energy that is being consumed for the desired level of heating or cooling; hence the lesser the energy consumed, the higher the efficiency of the appliance. 

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In order to reduce the consumption of energy by enhancing the efficiency of insulation materials utilized in heating and cooling systems, various technological advancements are being undertaken. The process of insulation refers to the prevention of flow of sound, heat, or electricity, either from or into a building, by making use of non-conducting material. Among all the insulation products, the largest demand was created for glass wool during 2014–2017. 

 As per a study conducted by P&S Intelligence, in 2017, the global insulation market reached a value of $52,296.0 million and is predicted to grow at an 8.6% CAGR during the forecast period (2018–2025). The primary products utilized for providing insulation are mineral wool, expanded polystyrene (EPS), glass wool, and extruded polystyrene (XPS). Some other insulating products include calcium silicate, cellular glass, melamine foam, polyethylene, aerogel, calcium-magnesium-silicate fibers, perlite, expanded rubber, and spray foam. 

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Glass wool is a thermal insulator comprising knotted and flexible glass fibers that traps the air inside, resulting in low density. The insulator is made up of sand and has acoustic and thermal insulation properties, in addition to low weight and high tensile strength. During the forecast period, however, the largest demand is projected to be created for EPS. This is ascribed to its extensive usage in several thermal and acoustic applications due to its various properties including fire resistance, durability, light weight, and ease of recycling.

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How Technological Advancements Have Led to Flourishing Mobile Virtual Network Operators (MVNO) Market

Among the main reasons smart technology has become an indispensable part of our lives is the invention of compact and easily accessible devices, such as smart phones and computers, which utilize internet and mobile services to operate. The growing demand for cellular and broadband connectivity, in recent years, has been met by mobile virtual network operators (MVNOs) as they focus on innovative distribution and segment-based pricing strategies. They are able to provide cost-efficient mobile services to people as they utilize the existing telecom infrastructure of bigger mobile network operators (MNO). 

A P&S Intelligence study claimed that the MVNO market would grow to $98.0 billion in the near future from $55.1 billion in 2017 at a 9.7% CAGR. MVNOs are service providers who do not own cellular network infrastructure and licensed spectrum but purchase network services at wholesale prices from bigger MNOs and provide customers with services under their own brand name and retail prices. Media/entertainment, discount, business, telecom, migrant, retail, cellular M2M, and roaming are different types of MVNOs. In 2017, discount MVNOs remained the most profitable and will continue making the most of these services in the coming years. 

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Advancements in technology and the increasing spending power of consumers have resulted in the rising popularity of mobile phones and other such devices. Technical advancements have contributed immensely in bringing down the manufacturing and purchase cost of such devices, thereby leading to their increasing penetration and demand in society. This, in turn, has upped the demand for mobile data and other services. Other than basic calling and internet services, the demand for value-added services, such as enhanced video, voice, mobile TV, and mobile payment, is also witnessing a rise. MVNOs work by targeting a niche segment of customers by offering low-cost value-added and bundled service packages. As MVNOs function on MNOs’ network, MNOs also benefit from the increasing MVNO subscriber base and revenue generation.

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Europe has been the most productive region for MVNOs, as in a major part of Western Europe, MVNOs are greatly supported by telecom regulatory bodies, which is why the region will keep accounting for the largest presence of MVNOs in the coming years. This deep penetration of MVNOs in the region has resulted in an increase in the competition among them, thereby resulting in better provision of telecom services to customers and that too at fairly reasonable costs. However, in less than a decade, the MVNO market is expected to grow rapidly in Asia-Pacific, which will outpace Europe to become the most productive for such telecommunication firms.

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Polymyalgia Rheumatica Therapeutics - Pipeline Analysis, Clinical Trials & Results

Polymyalgia rheumatica is an inflammatory disorder which causes stiffness and aching, and usually affects adults over the age of 50 years. This disease affects women somewhat more than men. The cause of polymyalgia rheumatica is unknown.

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Polymyalgia rheumatica is related to another inflammatory disorder, giant cell arteritis, which can cause vision difficulties, scalp tenderness, jaw pain, and headaches. Pain in shoulders, neck, upper arms, buttocks, hips and thighs; stiffness in the affected areas; limited range of motion in affected areas; and stiffness in wrists, elbows and knees are some of the common symptoms of polymyalgia rheumatica.

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Involvement of the upper arms, with trouble raising them above the shoulders is common in the patients with this disease. Corticosteroids and nonsteroidal anti-inflammatory drugs (NSAIDs) are common medications for the treatment of polymyalgia rheumatica. GlaxoSmithKline plc is in the process of developing sirukumab as an interleukin 6 (IL6) human monoclonal antibody for the treatment of polymyalgia rheumatica. Other than this Chugai Pharmaceutical Co. Ltd., and Eli Lilly and Company are also involved in polymyalgia rheumatica pipeline.

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The report provides a comprehensive understanding of the pipeline activities covering all drug candidates under various stages of development, with the detailed analysis of pipeline and clinical trials.

Pipeline analysis of drugs by phases includes product description and development activities including information about clinical results, designations, collaborations, licensing, grants, technology, and others.

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