Transdermal Drug Delivery Systems Market Growing Owing to the Need to Deal with Pain

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Across the world, the lifestyle is becoming increasingly sedentary and fast paced. While sitting on a chair in offices all day leads to physical inactivity, the fast pace of life results in emotional stress. With lack of time, people’s dietary pattern gets affected, which leads to improper nutrition. All these factors, combined with tobacco and alcohol abuse, result in chronic diseases, such as diabetes, chronic obstructive pulmonary disease (COPD), cancer, and several cardiovascular diseases (CVD), the prevalence of all of which is rising. As per the World Health Organization, the number of diabetics rose to 422 million in 2014, from 108 million in 1980.

Transdermal drug delivery systems are used for analgesics (pain relief), hormone replacement, smoking cessation, hypertension, and motion sickness. Among these, the widest usage of such devices has been for pain relief, as pain is the most commonly seen symptom of any health issue, and it can often be so much that it affects people’s ability to make rational decisions. Most of the chronic diseases, especially CVDs and cancer, have pain as a symptom, which is the reason behind the heavy consumption of painkillers, via the skin.

The Centers for Disease Control and Prevention (CDC) estimated the number of new cancer cases in the U.S., for 2018 at 1,735,350. The agency also says that in the country, 805,000 people suffer from a heart attack, which often causes chest pain, during the attack and long after it is over. Apart from diseases and emotional stimulus, the gradual weakening of the body, which happens with age, results in several musculoskeletal issues, such as arthritis, atrophy, and frequent fractures. As all of these cause pain, the elderly require constant analgesics dosage.

Additionally, the elderly are more susceptible to diseases than younger people, as they are considerably immunocompromised. Across the world, the population of the elderly is rapidly increasing, primarily owing to a rise in the life expectancy. The United Nations Department of Economic and Social Affairs, in its latest World Population Ageing report, claims that by 2050, the population in the age group of 65 and above will rise to 1.5 billion, from 703 million in 2019. As a result of this, the incidence of several diseases will also increase, which would lead to a higher usage of transdermal drug delivery systems.

Across the globe, North America recorded the highest usage of such devices, due to the growing number of chronic disease patients and the increasing demand for drug delivery methods that are painless. During the forecast period, people in Asia-Pacific (APAC) are predicted to adopt such devices the most rapidly, as a result of the improving healthcare facilities, surging healthcare expenditure, high population, especially of the elderly, and increasing awareness on the technology. Within the region, the transdermal drug delivery systems market growth in India would be the fastest.

Thus, as the number of people suffering from painful conditions and diseases requiring medication increases, so would the use of devices that deliver medication through the skin, thereby making the process almost painless.

Why Demand for Automatic Self-Piercing Rivets Depends on Lightweight Cars?

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Self-piercing rivets (SPR) offer better fastening solutions in instances where spot welding is not practical. It is the process of forming a mechanical interlock between multiple pieces of similar or different materials. The interlocking is done by forcing a rivet through the top sheet through the piercing and then fortifying the top one with the one on the bottom, without piercing it. The process of applying automatic SPRs incorporates four steps — clamping, piercing, flaring, and compression. It is used to interlock pre-painted metals (white goods), zinc-coated steel (heating, ventilation, and air conditioning [HVAC] industry, construction sector, and automobile sector), and aluminum (signs).

The emission and fuel efficiency norms laid down by governments, especially those in North America and Europe, are the major reasons behind the increasing production of lightweight vehicles. The reduced weight of automobiles leads to the consumption of lesser fuel and lower carbon dioxide emissions. As per the Aluminum Transportation Group (ATG), 5–7% fuel can be conserved by curtailing the weight of vehicles by 10%. This can be done by replacing heavy metals with aluminum, by increasing the usage of automatic SPRs.

Therefore, the maximum demand for automatic SPRs comes from the manufacturers of conventional vehicles. In the near future as well, the larger demand will be generated by the conventional vehicle sector. However, manufacturers of new-energy vehicles are also incorporating these rivets, especially in hatchbacks, crossovers, and luxury cars. This rising demand for these fasteners is propelled by the manufacturers' aim of creating lightweight vehicles, so the laid-down emission limits can be complied with and air pollution reduced.

According to P&S Intelligence, the European automatic self-piercing rivets market generated the maximum demand for these fasteners in the recent past. Among the European countries, Germany demanded the maximum number of such rivets, as it is the home of major luxury carmakers. As for the Asia-Pacific region, China consumed the maximum number of automatic rivets. In North America, the U.S. showcased the higher demand for automatic SPRs. Other countries that are witnessing an increase in the requirement for these fasteners are Brazil, Iran, and South Africa.

Thus, the increasing demand for lightweight vehicles will lead to the rising usage of automatic self-piercing rivets. A shift toward the adoption of environment-friendly and energy-conserving vehicles will pave the way for the increasing usage of automatic SPRs around the globe in the foreseeable future.

Flourishing Food and Beverage Industry Fueling Surging Sales of Coding and Marking Systems in Turkey

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The increasing applications of coders and printers in the food and beverage industry is one of the major factors propelling the sales of marking and coding systems in Turkey. Due to the high customer demand for fast food items and various food and beverage products, the food and beverage industry is growing rapidly in the country. As per TurkStat, there were nearly 499 beverages producing and 42,030 food processing companies in the country in 2015.

Furthermore, the market is predicted to advance at a CAGR of 7.9% between 2018 and 2023. Laser coding and marking, drop-on demand, thermal ink jet, continuous inkjet, thermal transfer overprinting, and print and apply labelers are the most widely used technologies in coding and marking systems in Turkey. Out of these, the demand for continuous inkjets was found to be the highest in the past years. This was because of the various beneficial traits of these printers.

The ability to easily print characters on any material, cost-effectiveness, and high-speed printing are some of the major beneficial traits of these printers. Electrical and electronics, chemical, automotive and aerospace, healthcare, and food and beverage are the major end users of marking and coding systems in Turkey. Amongst these, the usage of these systems was observed to be the highest in the food and beverage industry during the last few years.

This was because of the existence of strict government policies in the country that mandate the proper labeling of the manufacturing date, ingredients list, manufacturer details, and nutrition facts on the secondary or primary packages of various food and beverage items. A major trend currently being witnessed in the industry is the emergence of eco-friendly coding technologies. Many coding and marking system manufacturers are focusing on reducing the usage of hazardous solvents such as methyl ethyl ketone (MEK).

Moreover, the manufacturers of marking and coding systems are aiming to reduce the utilization of volatile organic compounds (VOCs) and prevent smearing in order to reduce the environmental damage caused because of marking and coding. In addition to this, many organizations are producing low VOC-containing fluids and focusing on mitigating the mission of hazardous air pollutions (HAPs), mutagens, carcinogens, and allergens while keeping the various green requirements in the country in consideration.

Hence, it is safe to say that the sales of coding and marking systems would shoot-up in the country in the future years, on account of their growing requirement in the food and beverage industry.

How is Increasing Air Pollution Level Driving APAC Air Quality Monitoring Market?

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Among the leading causes of death and disability across the globe is also air pollution. Due to technological advancements, which have led to the development of machines which burn fossil fuels for generating energy for different purposes, the quality of air has been declining swiftly. As per the 2016 Global Burden of Disease report, about 6.1 million deaths occur due to air pollution globally, and the low and middle-income countries, particularly in the Asia-Pacific (APAC) region, account for 90% of this burden. This is due to the large population base of countries in the region.

In order to cope with this serious issue effectively, it is necessary that the air quality is monitored regularly. A major purpose of air quality monitoring is to determine which areas violate an ambient air quality standard. Health-based ambient air quality standards are set at pollution concentration levels that lead to harmful impacts on health of human beings, if the levels of ambient air quality standard in an area, the air pollution levels need to be mitigated. Attributed to the surging levels of air pollution in the APAC region, the demand for air quality monitoring systems is also increasing.

Major end users of air quality monitoring include government agencies & academic institutes, pharmaceutical industry, commercial and residential sectors, power generation plants, and petrochemical industry. While in the past, government agencies and academic institutes have been a primary user of air quality monitoring systems, the demand for these systems is also predicted to grow considerably from the commercial and residential sectors in the years to come. This can be attributed to the rising prevalence of respiratory diseases and lung cancer, which is compelling people to keep the air quality of their surroundings in check. Within the region, Japan has been creating the largest demand for these systems due to the development of advanced technologies.

In the coming years though, China is predicted to emerge as the fastest growing APAC air quality monitoring market, which is attributed to the surging air pollution levels and the increasing prevalence of respiratory diseases in the country. According to the World Air Quality Index project, Beijing reported an air quality index of 275, which is unhealthy on an alarmingly high level. Because of this and rising awareness regarding environmental and healthcare implications of high pollution levels, the government is focusing on curbing this problem.

Hence, the demand for air quality monitoring is growing in APAC due to the surging air pollution levels and rising prevalence of respiratory diseases.

Increasing Popularity of Smart TVs Propelling Global Demand for IPTV Services

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The rising interest of various telecommunication service providing companies in internet protocol television (IPTV) is fueling the development of IPTV across the world. Telecom organizations such as Vodafone Group PLC, British Telecommunications PLC, and Verizon Communications Inc. are nowadays focusing on developing novel video services. These organizations are viewing the development of IPTV as a lucrative growth opportunity, on account of its various interactive multimedia functionalities. This is creating a huge pool of companies offering IPTV services.

Apart from the aforementioned factors, the mushrooming penetration of the internet and the development of mobile content distributed networks (CDNs) are also fueling the popularity of IPTV services across the world. The CDN technology assists users in loading websites and downloading content quickly on smart TVs, smartphones, and personal computers (PCs). This is because CDNs make the availability of a large content base possible and also reduce the packet loss and network latency.

Additionally, the growing requirement for video-on-demand (VOD) and HD channels is propelling the global demand for IPTV services. This is driving the progress of the global internet protocol television (IPTV) market. Depending on transmission method, the market is divided into wireless and wired categories. Of these, the wireless category is predicted to exhibit faster growth in the market in the forthcoming years. This is attributed to the rising consumer preference for wireless modes of content consumption over the wired mode.

Residential and enterprises are the two major end users of IPTV systems across the world. Between the two, the adoption of IPTV solutions was found to be higher in the residential sector during the last few years. In residential settings, IPTV systems are used for smart TV watching. Local operators provide these services. Moreover, the growing popularity of smart TVs is pushing up the requirement for IPTV services in residential settings.

Across the world, the IPTV market recorded huge expansion in Europe and North America in the years gone by, as per the findings of P&S Intelligence, a market research company based in India. This was because of the huge internet penetration, the early development and adoption of IPTV solutions, the huge requirement for video-on-demand and various associated services, and the presence of a large consumer base in the regional countries.

In the coming years, the IPTV market is predicted to boom in the Asia-Pacific (APAC) region. This will be a result of the increasing number of subscribers, the ballooning usage of technologically advanced and innovative devices for consuming content, and the rapid shift from conventional televisions to online video streaming or on-demand video content in the region. Additionally, the increasing popularity of HD channels is boosting the requirement for IPTV services in this region.

Hence, it can be said with confidence that the demand for IPTV services will shoot-up all over the world in the upcoming years, mainly because of the growing internet penetration, the rising requirement for video-on-demand and HD channels, and the soaring popularity of smart TVs.