Medical Oxygen Gas Cylinder Market Will Explore High Industry Trends, Growth Factors, Segmentation, Future Dynamics and Technologies by 2030

According to the report published by Allied Market Research, The Medical Oxygen Gas Cylinders Market size surpassed USD 2.97 billion in 2020 and is estimated to grow at USD 5.33 billion by 2030, registering a CAGR of 5.7% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

Rise in population susceptibility to indoor air pollutants, surge in population of active smokers, and daily exposure to environmental pollution drive the growth of the global medical oxygen gas cylinders market. However, high costs of oxygen cylinders and strict regulatory procedures hinder the market growth. On the contrary, high growth potential in developing markets and increase in the geriatric population are expected to open lucrative opportunities for the market players in the future.

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Covid-19 scenario:

• The Covid-19 pandemic positively affected the demand for medical oxygen gas cylinders due to increase in number of cases for intensive care. Moreover, increase in prevalence of Covid-19 cases and chronic diseases have supplemented the market growth.
• The government offered special attention to the import activities and local manufacturers of medical oxygen gas to ensure uninterrupted supply to designated Covid-19 hospitals. Moreover, in hospitals, oxygen gas treatment is required for patients for therapy of chronic health issues to improve energy levels, rest, and enhance the quality of life of patients.
• The demand for oxygen gas cylinders from medical clinics and home care settings increased during the pandemic.

Key Players of Global Medical Oxygen Gas Cylinders Market Report -

• Koninklijke Philips N.V.
• Nidek Medical Products, Inc.
• Invacare Corporation
• Messe Düsseldorf GmbH
• Inogen, Inc.
• DeVilbiss Healthcare LLC
• ResMed
• Messer Group GmbH
• Airgas Inc.
• OrientMEd International

Global Medical Oxygen Gas Cylinders Market Segmentation -

By Technology

• Pulse Flow
• Continuous Flow

By Product

• Portable
• Fixed

By End Users

• Hospital
• Home Healthcare

By Region Outlook

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

The market across North America held the largest share in 2019, accounting for around two-fifths of the market. However, the market across Asia-Pacific is estimated to register the highest CAGR of 7.6% during the forecast period.

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?

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