Digital Scent Technology Market
The global Digital Scent Technology Market is projected to witness a considerable CAGR of 11.8% over the forecast period. The increasing usage of digital scent technology in military sector because of the growing incidences of bomb blasts has accelerated the market growth.
Digital Scent Technology Market Dynamics
Digital scent technology is an essential application for e-nose. Digital scent allows the transmission of odor over the internet. The increasing adoption of digital scent technology in the medical industry because of the enforcement of e-nose in clinical prognosis will stimulate the Digital Scent Technology market share. In parallel, it is used in aromatherapy to treat various diseases by using a different type of smell. For instance, NASA, in 2021, executed E-nose to perceive COVID-19 by discovering a person’s breathe. It also finds its usage in aromatherapy for curing several diseases by deploying a different type of smell. Earlier NASA’s E-nose helps in administering air quality inside spacecraft via smartphones. NASA’s initiative was financed by the Department of Health and Human Services with USD 3.8 million to improve E-nose technology.
As per the Digital Scent Technology market analysis, the aggravating adoption of Digital scent technology in several industries such as defense, security, and food and beverage industry will propel the market growth. E-nose introduced in food & beverages to identify the odors in raw material while in defence and security, digital scent technology helps in detecting the hazardous material. For instance, Intel and Cornell University has established neuromorphic test chips which operates on mathematical algorithms and the database consists of the data cumulated by 72 Food & Beverages sensors to 10 gaseous substances.
End-Use Industry Segment Drivers
The c projects that by end-use industry, the healthcare segment is likely to witness a noteworthy growth over the forecast period. This is because of the aggravating adoption of e-nose in the healthcare industry. For instance, diabetic patients exhale immense volatile organic substances such as acetone. Also, the application Implementation of digital scent technology to treat diabetes will elevate the Digital Scent Technology market size.
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