Press release
Medical Oxygen Gas Cylinders Market : Predicted to Cross USD 5.33 Billion by 2030 ; Driven by Rise in Geriatric Population Across the Globe
The global medical oxygen gas cylinders market is experiencing growth propelled by various factors. The rise in population susceptibility to indoor air pollutants, an increase in the population of active smokers, and daily exposure to environmental pollution contribute to market expansion. However, challenges such as the high costs of oxygen cylinders and strict regulatory procedures act as hindrances to market growth. Conversely, there are promising opportunities in developing markets and a growing geriatric population, which are anticipated to benefit market players in the future.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/12883
๐๐จ๐ฏ๐ข๐19 ๐๐ฆ๐ฉ๐๐๐ญ
The Covid-19 scenario has positively impacted the demand for medical oxygen gas cylinders. The pandemic led to a surge in the need for intensive care, driving the demand for medical oxygen. Governments played a crucial role in ensuring a continuous supply by focusing on import activities and supporting local manufacturers. Oxygen gas treatment became essential for Covid-19 patients and those with chronic health issues, leading to an increased demand for oxygen gas cylinders in medical clinics and home care settings.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
The report categorizes the global medical oxygen gas cylinders market based on technology, product, end user, and region. The pulse flow segment is expected to register the highest compound annual growth rate (CAGR) of 6.0% during the forecast period, while the continuous flow segment dominated the market in 2020, holding nearly three-fourths of the market share.
In terms of products, the portable segment is estimated to exhibit the highest CAGR of 6.1% from 2021 to 2030, with the fixed segment dominating the market in 2019, contributing to over two-thirds of the market share.
Geographically, North America led the market in 2019, accounting for around two-fifths of the market share. However, the Asia-Pacific region is projected to register the highest CAGR of 7.6% during the forecast period.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ- https://www.alliedmarketresearch.com/purchase-enquiry/12883
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Koninklijke Philips N.V.
Invacare Corporation
Nidek Medical Products, Inc.
Inogen, Inc.
Messe Dรผsseldorf GmbH
ResMed
DeVilbiss Healthcare LLC
Airgas Inc
Messer Group GmbH
OrientMEd International.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ https://www.alliedmarketresearch.com/medical-oxygen-gas-cylinders-market-A12518
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐ฆ๐๐ข๐ง-
๐๐ข๐๐๐ข๐ง๐๐ฆ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/niacinamide-market-A17530
๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐จ๐ฌ๐ข๐ญ๐จ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/pharmaceutical-suppositories-market-A12350
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