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Demand For Gas And Liquid Flow Management Systems Is Expected To Rise At A CAGR Of 3.9% By 2031

10-11-2022 02:14 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

The global market for emergency medical service products is expected to grow at a 6.3% CAGR and reach a market valuation of US$ 50 billion by 2032.

The emergency medical service products market was worth US$ 25 billion in 2021, and it is expected to grow at an 8% year-on-year rate in 2022, reaching US$ 27 billion.
Increased need for emergency treatment, an increase in the frequency of trauma, and rising healthcare spending globally are the primary driving forces for the emergency medical services (EMS) products market.

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Segmentation of Gas and Liquid Flow Management System Industry Research

by Product Type :

Flow Meters

Turbine Flow Meters

Ultrasonic Flow Meters

Pumps

Centrifugal Pumps

Positive Displacement Pumps

Control Valves

Linear Valves

Rotary Valves

Calibration Systems

Gas Metering Systems

Liquid Metering Systems

by End Use :

Oil & Gas Industry

Heavy Goods (Metal & Mining)

Chemical Processing

Others

by Region :

North America

Latin America

Europe

APAC

MEA

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Competitive Landscape :

Manufacturers of gas and liquid flow management systems are focusing on the development and launch of novel flow management systems to increase their revenue generation potential.

In March 2022, GWF MessSysteme AG, a leading organisation in the flow management industry, developed a new system using novel technologies to measure water and wastewater flow. In terms of velocity, Q-Eye PSC can precisely measure flow through open channel and partially filled pipe flows.

Country-wise Insights

Which regions should manufacturers of gas and liquid flow management equipment concentrate their efforts?

"Rewarding Business Opportunities in North America and Asia Pacific"

The North American gas and liquid flow management system market is expected to be worth US$ 4.7 billion in 2022, with a significant market share of 25.3%.

The growing emphasis on worker safety and the increased use of advanced technologies in the industrial landscape are expected to be major factors driving the growth of the gas and liquid flow management system market in this region.

The expanding European chemical industry is expected to provide lucrative opportunities for gas and liquid flow management system vendors. The Europe gas and liquid flow management system market currently accounts for 22.9% of the market and is valued at

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Category-wise Insights

Which EMS Application has the Highest Market Demand?

In the coming years, rising rates of cardiovascular disease will be the primary growth driver.

According to Fact.MR, due to the increasing incidence of cardiovascular problems and the global elderly population, emergency medical service products are expected to have the highest market share in cardiac care and trauma injuries. Oncology will also see a significant use of emergency medical service products.

Governments all over the world have increased their cash and grant investments in the development of hospital infrastructure and amenities. Furthermore, the rising prevalence of trauma injuries and chronic diseases has led to an increase in hospital admissions worldwide. According to Fact. MR, cardiac care, and trauma injuries will jointly contribute 50% revenue.

The report covers following insights and assessment that are helpful for all participants involved in the Gas and Liquid Flow Management Systems Market:

Data on recently introduced regulations and their impact on key industries and on demand in the Gas and Liquid Flow Management Systems Market
Key trends and changing consumer preferences in major industries
Changing demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data of major players

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