Global Medical Gas Cylinders Market Insights 2019-2025 | Dentalytec, Heyer Aerotech, ARCANIA, BEMIS Health Care, among Others

Medical Gas Cylinders Market is estimated to reach USD XX billion by 2028

This detailed market study focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global Medical Gas Cylinders Market.

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According to the report, the growth of this market is primarily driven by a rising ageing population and subsequent rise in chronic diseases such as COPD and asthma, technological innovation, growing market for home healthcare and increasing prevalence of smoking.

One of the key factors contributing to the growing demand for medical gas cylinders is the expanded use of mobile clinics throughout rural regions to resolve emergency health conditions.

Why are medical gas cylinders required?

Medical gas cylinders are required to meet various requirements such as diagnosis, rehabilitation, drug production, and other applications by regulating health authorities.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like Dentalytec, Heyer Aerotech, ARCANIA, BEMIS Health Care, TECHMED Sp. z o.o., Allied Healthcare Products, Bristol Maid Hospital Metalcraft, ZIRC, Attucho, JMS - Mobiliario Hospitalar, Meditech, Essex Industries, and Heltman Medikal AS.

Segmentation for better understanding of this market and its growth prospects:

Medical gas cylinders market has been segmented based on, type (medical oxygen, nitrous oxide, helium, air, carbon dioxide, nitrogen, others), capacity (5L, 10L, 50L, others), application (hospitals, nursing homes, home healthcare, research institutions, pharmaceutical, biotechnology, others) and region.

Hospitals segment of the medical gas cylinders market accounted for largest market share in terms of revenue. Growth in the hospital segment is attributable to increasing numbers of cases of respiratory disease around the globe. Favourable insurance policies for respiratory treatment in developed countries will promote segmental growth.

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This report provides:

1) An overview of Global Medical Gas Cylinders Market globally and related technologies.
2) Analysis of global market trends, estimates of each year and annual compound growth rate projections (CAGRs).
3) Identification of new market opportunities and targeted promotional plans for Global Medical Gas Cylinders Market
4) Discussion of R&D and demand for new products and new applications
5) Comprehensive company profiles of key industry players.

The researchers have studied the market in depth and have come up with major segments like product type, application, and region. Based on their market share, growth prospects, and CAGR, each and every segment and its sub-segments are studied. Each market segment offers in-depth information on market outlook, both qualitative and quantitative.

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

By Region, medical gas cylinders market has been segmented by North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, and Rest of the World.

The medical gas cylinders market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. During the forecast period, this regional market is expected to expand at the highest rate as emerging markets have become an important part of the global economy. The large populations in China and India, increasing the prevalence of chronic diseases, developing healthcare facilities and increasing awareness of healthcare are driving Asia Pacific's demand for medical gas cylinders.

Key Factors Impacting Market Growth:

o Implementation of the US FDA Safety and Innovation Act
o Growing base of the geriatric populace
o Rising demand for home healthcare and point of care items

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Market Segmentation:

By Type:
o Medical Oxygen
o Medical Nitrous Oxide
o Medical Helium
o Medical Air
o Medical Carbon Dioxide
o Medical Nitrogen
o Others

By Capacity:
o 5L
o 10L
o 50L
o Others

By Application:
o Hospitals
o Nursing Homes
o Home Healthcare
o Research Institutions
o Pharmaceutical Industry
o Biotechnology Industry
o Others

By Region:

o North America
o By Country (US, Canada, Mexico)
o By Type
o By Capacity
o By Application

o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Capacity
o By Application

o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Capacity
o By Application

o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Capacity
o By Application

o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Capacity
o By Application

o Rest of the World
o By Region (South America, Africa)
o By Type
o By Capacity
o By Application

Reasons To Buy This Report:

o Market size estimation of the medical gas cylinders market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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This release was published on openPR.