Medical Gas and Equipment Market to Hit 6.2% CAGR and Projected to Reach USD 20 Billion by 2023 - Led by Respiratory, Anesthesia, Medical Imaging and Cryosurgery Applications

The global medical gas market is projected to reach USD 20.0 billion by 2023 from USD 14.0 billion in 2018, at a CAGR of 6.2%. The growth of this market is mainly driven by rising ageing population and sub sequent increase in chronic diseases like COPD and asthma, technological advancement, growing home healthcare market, and growing smoking prevalence.

Access Free Study Papers of Medical Gas and Equipment Market spread across 139 Pages, Profiling 20 Companies and Supported with 81 Tables and 43 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1810795 .

The medical gases segment is expected to account for the largest share of the market in 2018. The large share of this market segment can be attributed to the growing use of medical gases for the diagnosis and treatment of various respiratory diseases such as COPD, asthma, and other medical conditions such as cardiovascular and lifestyle diseases are further expected to drive the demand of medical gases during the forecast period.

Medical gas outlets offer medical gas connections to the medical gas piping system. Gas outlets are used in centralized areas of hospitals, patient rooms, operating areas, surgery centers, and dental clinics. Medical gas outlets with probes in compressed medical gas systems enable patients to connect with the gas system by either connecting or disconnecting probes.

Get Free Assistance Now at Call +1 888 391 5441 / sales@reportsandreports.com .

The medical gas market in the APAC is expected to grow at the highest CAGR during the forecast period. This regional market is expected to grow at the highest rate during the forecast period as emerging markets have become an integral part of the global economy and growth has slowed in developed markets. The large populations in China and India, increasing incidence of chronic diseases, improving healthcare infrastructure, and growing healthcare awareness are driving the demand for medical gases and equipment in the Asia Pacific.

The prominent players in the global medical gas market are Linde Group (Germany) and Air Liquide (France), Air Products and Chemicals, Inc. (US), Praxair, Inc. (US), Taiyo Nippon Sanso Corporation (Japan), Atlas Copco (Sweden), GCE Holding (Sweden), Messer Group (Germany), SOL SpA (Italy), Rotarex S.A. (Luxembourg), SCI Analytical (US) and Amico Corporation (Canada).

More information on “Medical Gas and Equipment Market by Type (Oxygen, Nitrous Oxide, Carbon Dioxide, Gas Mixture, Vacuum System, Manifold, VIPR, Hose) Application (Respiratory, Anesthesia, Medical Imaging, Cryosurgery) End User (Hospital, Home Healthcare) - Forecast to 2023” report at https://www.reportsnreports.com/contacts/discount.aspx?name=1810795 .

The report analyzes the market for various medical gases and equipment products and their adoption pattern. It aims at estimating the market size and future growth potential of the global medical gases and equipment market and different segments such as products, applications, end users, and regions. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product offerings, and recent developments.

This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the global medical gases and equipment market
• Product Development/Innovation: Detailed insights on the upcoming trends, driving factors, and product launches in the global medical gases and equipment market
• Market Development: Comprehensive information on the lucrative emerging regions by product, application, end user, and region
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global medical gases and equipment market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, revenue analysis,and products of leading players in theglobal medical gases and equipmentmarket

We provide you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness.

With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Mr. Hrishikesh
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India

This release was published on openPR.