July 25, 2024

The Electronic Nose Is Expected To Be Flourished By Adoption In Healthcare

The electronic nose or e-nose is an artificial olfaction instrument that identifies different kinds of odor and aroma. It possesses the ability to mimic the human sense of smell and differentiate between smells. The global electronic nose market is primarily driven by increasing adoption of e-nose solutions in various industries such as healthcare, food & beverage, and environmental monitoring among others. E-nose finds wide application in disease diagnostics as it can detect the odour of diseases and infections. It helps physicians in non-invasive detection of cancer, tuberculosis, and urinary tract infections. Moreover, e-nose enables monitoring fermentation processes, detection of spoilage, and quality control in food and beverage industry. It helps detect microbial contaminations, monitor shelf-life, and ensures food safety.

The global Electronic Nose Market is estimated to be valued at Us$ 34.71 Bn in 2024 and is expected to exhibit a CAGR Of 8.6% over the forecast period 2024 To 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

One major driver for the growth of electronic nose market is rising adoption of e-nose in healthcare sector. E-nose provides cost-effective and non-invasive solutions for early detection of diseases. It facilitates quick diagnosis of lung cancers, gastro-intestinal diseases, and urinary tract infections by identifying volatile organic compounds in human samples. This fosters early treatment and improved healthcare outcomes. Furthermore, increasing focus on food safety and quality monitoring is supplementing the demand for e-nose solutions in food industry. E-nose helps detect contaminations, spoilage, and ensures hygienic production processes. This propels its adoption for applications such as microbial monitoring, process control, and shelf-life management in food production facilities.

 

Segment Analysis

The electronic nose market is segmented based on technology, type, vertical and geography. Based on technology, it is segmented into, QCM Sensors, Conducting Polymers, MOS Sensors, SPME and Others. QCM sensors constitutes the largest segment owing to its widespread applicability in detecting various odor molecules. Conducting polymers segment is anticipated to witness lucrative growth in the forecast period owing to the expanding use of conductive polymer sensors in electronic nose devices for applications such as food & beverage testing.

Based on type, the market is classified into portable and desktop. The portable segment dominates the market and is projected to continue its dominance during the forecast period owing to increasing adoption of portable electronic nose devices in applications like food quality assessment, agriculture, healthcare diagnosis among others where on site testing is required.

Based on vertical, the market is categorized into healthcare diagnosis, food/agriculture, environmental monitoring, industrial, others. Healthcare diagnosis segment holds a significant share in the market due to increasing application of electronic nose devices in disease detection and diagnosis. Food & agriculture segment is expected witness impressive growth in the forecast period owing to the wide ranging implementation of electronic nose for food quality testing, freshness checking, adulteration detection and others.

PEST Analysis

Political: Government regulations regarding food safety, environment monitoring and healthcare are expected to drive the electronic nose market growth. Standards set by organizations like FDA, EPA regarding food quality and air pollution will boost adoption of electronic nose devices.

Economic: High demand for portable sensing devices from end use industries like healthcare, food processing will support the market expansion. Growing economy and per capita income in developing nations will create new opportunities. Post pandemic recovery in global economy and investments in industries will positively influence revenues.

Social: Increasing health awareness among consumers regarding food quality, hygiene and diagnostics is prompting usage of electronic nose devices for testing purposes. Growing concerns over environmental pollution are raising use of electronic nose for emissions/odors monitoring.

Technological: Advancements in sensor technologies, data analytics, artificial intelligence and miniaturization of electronic components are widening the applications of electronic nose. integration of electronic nose with mobile apps and cloud computing is augmenting their usability.

Key Takeaways

The Global Electronic Nose Market Demand is expected to witness high growth due to factors such as increasing food safety concerns, pollution monitoring needs and technological advancements.

 

Regional analysis:

 

Asia Pacific electronic nose market is expected grow at impressive CAGR during the forecast period. Growing population, rapid urbanization, increasing health awareness and rising per capita incomes in countries like India and China are promoting the adoption of electronic nose devices for applications like food quality testing, healthcare diagnostics, pollution monitoring and industrial odor detection. Presence of global players establishments and government initiatives for improving public health will further augment the regional market.

Key players operating in the electronic nose market are ABB, Schneider Electric, Eaton, Siemens, Emerson, Vertiv, Raycap, Hager, Legrand, Tripp Lite, Leviton, Phoenix Contact, Citel, General Electric, Rockwell Automation, nVent, Belkin, REV Ritter, Littelfuse, MARS Sicherheit. Key players like ABB, Siemens and Emerson dominate the market due to their extensive product portfolio and widespread distribution network. Other prominent players like Eaton and Schneider Electric are focusing on new product developments and mergers to strengthen their position in the electronic

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it