It is exciting time for the e-cig makers as they excitedly look into a promising future. The raging debate on the electronic cigarettes appears to have done little to inhibit the growth of the new industry. Sale of this cigarette type has increased by leaps and bounds in the last couple of years. If anything, the raging debate has probably given some free publicity to the vapour-emitting gadget. A number of celebrities now use e cigs and common people seemed to have interpreted the actions of celebrities as an endorsement of the products. Every year, more people are taking to this cigarette type with gusto. As the industry continues its climb, several studies have pointed out that eletronic cigarettes enjoy several benefits over traditional cigarettes. They are cheaper, healthier and at least for now, more acceptable than paper cigarettes.
Some facts and figures
As experts engage into a debate over the benefits and drawbacks of the e cigarette, the industry has continued to flourish for the last few years. The future, according to credible estimates, looks even more promising. According to a Wells Fargo survey, e-cigs are here to stay. The survey further reveals that the current average annual revenue of the industry is more than $300 billion and is poised to reach 1 billion soon. In 2010, 4 in every 10 adults took to electronic smoking while in 2011, 6 in every 10 adults took to this smoking form. According to the survey, 90% of the respondents have observed that the use of e cigarettes have significantly increased in the first quarter of 2013, compared to 2012 last quarter. The industry has been growing at a scorching pace of almost 30% annually. Celebrities like Leonardo DiCaprio, Trace Cyrus and Dennis Quaid now use electronic cigarettes.
Health benefits of electronic cigarettes
Although there is still some confusion over the actual effects of this cigarette type on the health of its users and policy makers are still exploring ways to regulate its proliferation, if necessary, no one yet has reported health complications directly because of smoking e cigs. As experts assess the benefits and disadvantages of this cigarette form, some credible studies have already pointed out electronic cigarette benefits. Here are some benefits of this cigarette type, based on different studies.
• In a study, three persons with a history of failed attempts to quit smoking, tried e cigarettes and quit smoking almost immediately after that.
• According to Maciej Goniewicz, an oncologist at Roswell Park Cancer Institute in Buffalo, New York with research experience with electronic form of cigarettes, it is unlikely that someone will take an overdose with this type of cigarettes. While Goniewicz accepts that strong and well-organised research on this form of smoking or inhaling is still pending, it is established that an electronic cigarette can never be as harmful as paper cigarettes.
• According to Medicines and Healthcare Products Regulatory Agency (MHRA), at least 57,000 lives will be saved over the next few years because of a shift from traditional smoking to electronic inhaling.
The future of e cig seems quite secure for at least the next ten years. According to observers and analysts, the electronic cigarette is not a fad and is here to stay. More people are taking to this form of smoking or inhalation and it will be quite some time before the industry growth slows down. Of course, the industry will be under the purview of laws and regulations just like the tobacco industry. The government will impose taxes which will drive the prices up. However, these factors may not be able to prevent more people from taking to eletronic cigarettes.