ReleaseWire Connect

The growth of the global market is largely driven by increasing level of air pollution across the globe and the favorable government regulations for air quality monitoring. Different governments in distinct countries have framed stringent norms to control air pollution especially for industrial sectors. This creates the demand for the air quality monitoring equipment to check air pollution. Some of the other factors driving the growth of the global market include increasing prevalence of respiratory diseases and increasing awareness regarding environmental and healthcare implications of air pollution. The rapid industrialization in emerging economies and technological advancements for air quality monitoring are expected to create ample revenue generation opportunities for the manufacturers of air quality monitoring devices.

The factors driving the growth of the global market include large base of end-use industries, high demand from Asia-Pacific, increasing demand from automotive industry, and technological advancements in the global specialty chemicals market. The growth of the global Specialty chemicals market is largely driven by high demand for specialty chemicals agriculture and construction industries. The growing construction activities in Asia-Pacific and development of environment friendly products offer ample revenue generation opportunities to the manufacturers of specialty chemicals.

The global Gamification market is expected to grow from an estimated $1,698.7 million in 2015, and reach $22,913.0 million by 2022, growing at a CAGR of 41.8% during 2016 – 2022. The global gamification market is being driven by several factors, such as increasing adoption in corporate and institutions, increasing penetration of display devices and gadgets, and people's growing engagement with social networking sites. The key opportunities observed in the global market include passion for gaming in Southeast Asia and application of gamification in consumer survey and opinions.

Among the various end users, the oil and gas segment accounted for largest share in the global machine condition monitoring equipment market in 2015. The surge in smart factories development, along with the advancement in efficiency and accuracy of machine conditioning component is expected to drive the growth of the Machine condition monitoring equipment market during the forecast period.

The global telemedicine market is growing at a significant rate, due to growing geriatric population, increasing healthcare cost, increasing government funding and grants for telemedicine, and increasing prevalence of chronic and lifestyle associated diseases. In addition, the increasing medical tourism, increasing medical requirement in remote location, increasing number of smart phone users, and consistent need for improved healthcare quality services is also driving the growth of the global telemedicine market.

The global population health management market is growing at a significant rate, due to growing geriatric population, regulatory mandate under the Affordable Care Act (ACA), and increasing prevalence of chronic and lifestyle associated diseases. The increasing healthcare cost and incentives, and investment by the federal government for adoption of healthcare information technology are also driving the growth of the global population health management market. However, the factors such as lack of privacy of patient data, lack of skilled professionals, and huge investment in infrastructure requirement are inhibiting the growth of the global market.

Changing consumer preferences and technological advancements are expected to drive the demand for automotive fuel transfer pumps over the forecast period. The ongoing technological advancements such as interactive safety systems, self-driving cars and vehicle connectivity are expected to change the global scenario of the automotive industry over the forecast period. Currently, automobiles are being launched with smart features and technology that abide with the latest standards such as safety, emission, performance and quality. The demand of such products with superior comfort features is also increasing.

The factors driving the growth of the global market include rapid industrialization and increasing population. In addition, the advancement in industrial gas production technology, and huge demand in emerging economies, such as India and China are driving the growth of the global Industrial gases market. Petroleum is the primary end user for industrial gases. The secondary end-user industries include chemical manufacturing, food processing, pharmaceutical, and metal processing. The global mergers and acquisitions in the chemical industry are expected to increase the demand for industrial gases in the market. Food processing is a vast industry comprising several verticals. These verticals are increasing at high pace, due to increasing population and growing disposable income. The nuclear power and space exploration industries are also among the end users of industrial gases for their operations. However, the demand for industrial gases in these sectors is largely dependent on political decisions.

The wound care market is growing due to increasing geriatric population, increase in volume of sugeries and increasing awareness about wound care products. Increasing cases of diabetes leading to pressure ulcer formation is further generating an increased demand for wound care products.

Global liquid and air filter bags market is expected to grow at a CAGR of 7.1% in value terms during 2016 - 2022. Among the various types, the liquid segment held the largest share in the global Liquid and air filter bags market in 2015.