Press release
What's driving the Medical Gas Equipment Market trends? Key Players are Air Liquide, Allied Healthcare Products Inc., Amico Corp., BeaconMed?s, Gentec Corp., Linde Gas, Matheson Tri-Gas Inc., Ohio Medical, Powerex and Praxair Inc
UK medical gas equipment market accounted for USD 258.0 million in 2017, owing to increasing incidence of chronic diseases such as chronic obstructive pulmonary disorders and asthma. Increasing prevalence of chronic disease will increase adoption of advanced medical gas equipments for oxygen therapy. Adoption of technologically advanced medical gas equipments for delivery and supply of medical air will promote business growth in the future.
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Ambulatory surgical centers accounted for largest revenue of USD 1,608.7 million in 2017. Growth is attributed to increased number of individuals seeking treatment for respiratory disease in ambulatory surgical centers. Growing patient pool coupled with introduction of cutting-edge equipment will render positive impact on business growth during the forecast timeframe.
Increasing geriatric population across the globe will drive medical gas equipment business growth in the future. According to estimates by World Health Organization (WHO), about 2.1 billion people will be above 60 years by 2050. With increasing geriatric population, prevalence of chronic obstructive pulmonary disease will increase, thereby fostering market growth.
Medical Gas Equipment Market will exceed USD 7.2 billion by 2024; as per a new research report.Increasing demand for medical gas equipments will lead to business growth during the projected timeframe. High demand is attributable to increasing prevalence of emergency cases due to chronic diseases. Growing disease burden will positively impact demand for medical gas equipments, thereby driving industry growth during the forecast period.
Ambulatory surgical centers accounted for largest revenue of USD 1,608.7 million in 2017. Growth is attributed to increased number of individuals seeking treatment for respiratory disease in ambulatory surgical centers. Growing patient pool coupled with introduction of cutting-edge equipment will render positive impact on business growth during the forecast timeframe.
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Prominent industries involved in Medical gas equipment market are Air Liquide, Allied Healthcare Products Inc., Amico Corp., BeaconMed?s, Gentec Corp., Linde Gas, Matheson Tri-Gas Inc., Ohio Medical, Powerex and Praxair Inc. These prominent business players are focusing on strategic mergers, acquisitions and new product launch to strengthen market position.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Medical Gas equipment Industry Insights
Chapter 4. Medical Gas Equipment Market, By Product
Chapter 5. Medical Gas Equipment Market, By End-user
Chapter 6. Medical Gas Equipment Market, By Region
Chapter 7. Company Profiles
Related Report:
United States Medical Gas Blender Market Report 2017
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https://www.marketstudyreport.com/reports/united-states-medical-gas-blender-market-report-2017
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