Medical Gas Equipment Market Technological Advancement, Competitive Strategies, Progressive CAGR 7.89% and Forecast to 2022|Growth by Top Key Players: Allied Health Care, Air Liquide India Holding Pvt Ltd, Powerex, Medical Gas Solutions Ltd, Ohio Medical

The Medical Gas Equipment Market was worth USD 2.90 billion in the year 2012 and is expected to reach approximately USD 6.20 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 7.89% during the forecast period. Growing rates of respiratory issue combined with the advent of positive United States Food and Drug Administration directions is relied upon to drive medical gas equipment market request throughout the following years. Developing worldwide base of aged populace and expanding commonness of way of life propensities, for example, smoking and absence of physical activity are activating occurrence rates of respiratory issue. World Health Organization (WHO) distributed estimates recommend that the worldwide base of populace of the age group- 65 years or more is required to ascend from 7 percent of every 2000 to 16 percent out of 2050. Besides, developing interest for healthcare and point of care markets and the resulting presentation of medical devices that are portable are anticipated to support market demand. The global medical gas equipment market is anticipated to witness significant development in the following years.

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Competitive Insights:
The global market has a wide existence of local producers who popularize their products in terms of cost by exploiting their pre-built up supply channels. Likewise, the existence of constrained item separation openings and the section of producers with substantial income bases, for example, Atlas Copco are anticipated to keep the business contention at abnormal states all through the conjecture time frame. Some of the major players in the market are The Linde Group, Allied Health Care, Air Liquide India Holding Pvt Ltd, Powerex, Medical Gas Solutions Ltd, Ohio Medical, Praxair, BeaconMedaes, Matheson Tri-Gas and Air Products & Chemicals. In 2013 the global market was dominated by Air Liquide. The existence of a broad product portfolio, lucrative adoption of development methodologies, for example, ALMA – 2015 and sales development accomplished by means of putting resources into rising Latin American, Eastern European and Asian economies and tapping on the accessible development openings are a few elements representing its market position.

Product Outlook and Trend Analysis:
Fundamental market products incorporate alarm systems, flow meters, masks, hose assemblies & valves, cylinders, manifolds, vacuum system, regulators, medical air compressors and outlets. Medical gas vacuum systems ruled the medical gas equipment market on the basis of revenue in 2013 attributable to expanding utilization rates and higher costs related. Also, masks are distinguished as the most appealing section of the medical gas equipment market. Low costs of manufacturing related with these items combined with high utilization rates are two variables ascribing to its appeal. Regulators and medicinal gas outlets are additionally anticipated that would witness huge development over the estimate time frame. Developing number of activities tending to security issues have urged makers to much of the time refresh their item portfolio and this is required to drive fragment development amid the gauge time frame.

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Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Geriatric Population
3.2.1.2. Growing Demand for Point of Care Diagnostics and Home Healthcare
3.2.1.3. Favorable regulatory Policies
...CONTINUED FOR TOC

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Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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