North American Market Forecast
The market in North America is projected to occupy the largest share during the forecast period, which can be attributed to the growing adoption of bipolar ionization technology at airports, hotels, and large workplaces, and the allocation of high healthcare expenditure in the region. As per the Centers for Medicare and Medicaid Services, healthcare spending in the United States grew 4.6 percent in 2019, reaching USD 3.8 trillion or USD 11,582 per person. As a share of the nation's GDP, health spending accounted for 17.7 percent. Apart from these, the strong presence of major market players is also anticipated to accelerate the region’s market growth in the coming years.
APAC Market Statistics
The market in Asia Pacific is estimated to witness noteworthy growth over the forecast period. This can be attributed on the back of the growing focus of the government on improving the region’s hygienic conditions and increasing technological advancements, especially in China and India. One of the major drivers of the Asia-Pacific market is the growing awareness of indoor air quality and its impact on health. In countries such as China and India, where air pollution is a major problem, there is a growing demand for technologies that can improve indoor air quality. Bipolar ionization is recognized as an effective solution to improve indoor air quality by reducing the concentration of airborne pathogens, including viruses and bacteria. Bipolar ionization systems are increasingly being used in hospitals and healthcare facilities to maintain a safe and healthy environment for patients and healthcare workers. This is especially important in the context of the COVID-19 pandemic, where there has been an increased focus on infection control measures owing to which personal hygiene products and technologies that could improve indoor air quality were brought into focus more than ever before.
Europe Market Forecast
The market in the European region is estimated to share a significant market share in the forecast period. This can be attributed owing to several factors, such as the increasing demand for cleaner indoor air, stringent indoor air quality regulations, and the growing healthcare sector. One of the most important market drivers in Europe is the increasing demand for clean indoor air. Air pollution is getting worse in this region, especially in urban areas. This has raised awareness of the importance of indoor air quality and the need for technology to improve it. Bipolar ionization is recognized as an effective solution for reducing the concentration of airborne pathogens indoors, including viruses and bacteria. Stringent indoor air quality regulations in Europe are also driving the adoption of bipolar ionization systems. The European Union has issued indoor air quality regulations and guidelines that require buildings to maintain a healthy and safe indoor environment. Bipolar ionization systems help meet these needs by improving indoor air quality and reducing the concentration of airborne pathogens.
Author Credits: Rajrani Baghel
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