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Medical gases and Equipment Market : Analysis Provides an In-Depth Research on the forthcoming rise Prospects and Market Trends

10-16-2018 04:28 PM CET | Health & Medicine

Press release from: Allied Market Research

Medical gases and Equipment Market

Medical gases and Equipment Market

Medical gases are specialized gases, they are specialty gases used for medical purposes, pharmaceutical processing and biotechnology research. The medical gas may be a single pure gas or a mixture of different gases. Typical gas types are oxygen, ammonia, hydrogen, nitrous oxide, nitrogen and carbon dioxide. Gas equipment such as cylinders and masks are used for storing and transporting gases. The medical gas and equipment market has high growth potential due to the growth of the elderly population and the development of the pharmaceutical industry. Gas purity plays an important role in patient recovery and is at risk of being infected through medical gases. For this reason, medical gases must be manufactured according to certain standards.

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An analysis of the major causes of chronic respiratory disease in an increasingly sophisticated field of biotechnology, such as the FDA's Safety and Innovation Act (FDA). In addition, the establishment of government initiatives to increase the availability of first aid in developing countries will greatly drive the medical gas and equipment market. A major factor in curbing market growth is the global lack of helium from the Federal Helium Reserve. The Federal Helium Reserve will be closed and resources will be delivered to the private sector.

The global medical gases and equipment market, is segmented on the basis of Product Type, End User and Geography. The product types considered in this report include Medical Gases, Medical Gas Mixtures, Biological Atmospheres and Medical Gas Equipment. Medical Gases are further classified into Nitrogen Gas, Medical Air, Carbon Dioxide Gas, Helium Gas, Nitrous Oxide Gas and Oxygen Gas. Medical Gas Mixtures is further classified into Lung Diffusion Mixtures, Breathing Zone Monitoring Calibration Standard, Blood Gas Mixtures, Medical Laser Gas Mixtures, Medical Drug Gas Mixtures and Sterlant Gas Mixtures. Biological Atmospheres are further classified into Aerobic Gas Mixtures and Anaerobic Gas Mixtures. Medical Gas Equipment is further classified into Air Compressors, Masks, Vacuum Systems, Manifolds, Outlets, Valves and Hose Assemblies, Alarm Systems, Cylinders, Flow meters and Regulators. Based on the end users, the market is classified into Clinics, Hospitals, Research Institutions, Home Healthcare, Pharmaceutical Industry and Biotechnology Industry. Geographically, the market is segmented across four regions namely North America, Europe, Asia Pacific and LAMEA. One of the strategies adopted by major market players is takeover. For instance, in 2012, Linde acquired the US medical gas specialist Lincare. This takeover has enabled The Linde Group to emerge as a key player in medigas field. The companies profiled in this report are Air Liquide, Praxair, Sol-Spa, Airgas, Messer Group Gmbh, Matheson Tri-Gas, Taiyo Nippon Sanso, Air Products and Chemicals, Atlas Copco and The Linde Group.

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KEY MARKET BENEFITS:

• The report provides a quantitative analysis of the current market and estimations through 2014-2020, which would enable the stakeholders to capitalize on prevailing market opportunities
• Extensive analysis of the global Medical Gases and Equipment market by product type helps in understanding the types of equipment that are currently used along with the variants that would gain prominence in future
• Competitive intelligence highlights the business practices followed by leading market players across various geographies
• Comprehensive analysis of factors that drive and restrict the growth of the global Medical Gases and Equipment market is provided
• SWOT analysis highlights the internal environment of leading companies for effective strategy formulation
• The Medical Gases and Equipment market scenario is comprehensively analysed in accordance to the key regions

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About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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