Global Medical Gases-Equipment Market By Type (Medical Gases, Medical Gas Equipment), Application (Therapeutic Applications, Pharmaceutical Manufacturing & Research, Diagnostic Applications, Other Applications), Product (Manifolds, Outlets, Hose Assemblies and Valves, Alarm Systems, Cylinders, Flowmeters, Regulators, Medical Air Compressors, Vacuum Systems, Masks)
Market Analysis and Insights of Global Medical Gases-Equipment Market
Medical gases-equipment market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 4,147.94 million by 2027 growing at a CAGR of 7.5% in the above-mentioned forecast period. Technological advancement in the medical gases- equipment is expected to enhance the market growth.
Rising cases of chronic diseases among population is expected to enhance the market growth. Some of the other factors such as rising cases of respiratory diseases, increasing pollution levels, growing usage of tobacco use, increasing incidence of preterm birth, rising government initiatives and growing demand for home healthcare & point of care diagnostics also enhance the market growth.
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Global Medical Gases-Equipment Market Scope and Market Size
Medical gases-equipment market is segmented of the basis of type, application, products and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the medical gases-equipment market is segmented into medical gases and medical gas equipment. Medical gases segment is divided into pure medical gases and medical gas mixtures. Pure medical gases on the basis of type are segmented into oxygen, carbon dioxide, nitrogen, nitrous oxide, medical air, and helium. Form of delivery segment of the pure medical gases is segmented into high-pressure cylinders, liquid tanks, and bulk delivery. Medical gas mixture segment is divided into blood-gas mixtures, lung diffusion mixtures, nitrous oxide-oxygen mixtures, carbon dioxide-oxygen mixtures, laser-gas mixtures, aerobic gas mixtures, anaerobic gas mixtures, ethylene oxide/sterilant gas mixtures. Medical gas equipment segment is divided into equipment accessories, gas delivery systems and cryogenic products. Equipment accessories is further divided into vacuum systems, manifolds, regulators, flowmeters, suction regulators, hoses, valves with integrated pressure regulators, outlets, monitoring systems, and medical air compressors.
Medical Gases-Equipment Market Country Level Analysis
Medical gases-equipment market is analysed and market size insights and trends are provided by country, type, application, products and end-users as referenced above.
The countries covered in the medical gases-equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to increasing cases of chronic diseases, rising healthcare spending and improvement in the healthcare infrastructure in the region.
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Competitive Landscape and Medical Gases-Equipment Market Share Analysis
Global Medical gases-equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical gases-equipment market.
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