Press release
Medical Gas Equipment Market Growing at 7.57% CAGR by 2021
The analysts forecast global medical gas equipment market to grow at a CAGR of 7.57% during the period 2017-2021.
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Gas that is used in healthcare facilities and other allied fields is known as medical gas. Home healthcare has emerged as an attractive segment in the global medical gas equipment market. This is due to the use of medical gas to help patients with diseases such as asthma, COPD, and sleep apnea. Medical gas equipment is used for therapeutics, diagnosis, and other applications such as pharmaceutical manufacturing, research, process development, and quality control and drug discovery. The most common types of medical gases that are used in healthcare facilities include medical air, oxygen, carbon dioxide, nitrogen, and nitrous oxide.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Key vendors
• Air Liquide
• Air Products and Chemicals
• Praxair
• Linde Gas
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Other prominent vendors
• Allied Healthcare Products
• Amico
• Gentec
• Matheson Tri-Gas
• Medical Gas Solutions
• Powerex
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
This report covers the present scenario and the growth prospects of the global medical gas equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of medical gas equipment.
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Market driver
• Increase in elderly population
• For a full, detailed list, view our report
Market challenge
• Declining reimbursements for respiratory therapies
• For a full, detailed list, view our report
Market trend
• Increasing M&A
• For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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