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Outlook of Medical Gas Equipment market status and development trends reviewed in new report

07-20-2017 02:32 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Fractovia.org

Fractovia.org

A new report covers Medical Gas Equipment market outlook providing historical facts, current status and future development trends information along with data on leading players and regions.

Global Market Insights, Inc. says, Medical Gas Equipment Market slated to cross USD 7 billion by 2024, with a CAGR estimation of 7.7% over 2016-2024.

Industry analysts have forecast a positive growth chart for medical gas equipment market, pertaining to the growing elderly population and the subsequent rise in the demand for home-based healthcare. Numerous factors such as changing living habits and increased pollution levels have resulted in a slew of respiratory and pulmonary disorder among the elderly, thereby leading to a rise in the demand for point of care diagnostics, which will spur the industry. A couple of other pivotal factors such as increased healthcare expenditure across the emerging economies such as India and China and favorable government regulations will fuel medical gas equipment market.

Request for a sample of this research report - https://www.fractovia.org/request-sample/496

A strict regulatory framework is a liable factor that helps garner gains for any industry. On these grounds, Europe medical gas equipment market is slated to surpass USD 1.9 billion by 2024. The attributing factor toward the growth of this regional industry is the supportive assistance and funding provided by numerous organizations including the Medical Gas Association and European Industrial Gases Association. In Europe, UK medical gas equipment market is anticipated to grow at a rate of 6.9% over the coming few years, while Germany is forecast to cross a valuation of USD 533 million by 2024 from USD 296 million in 2015. In addition to the contribution of developed economies such as UK and Germany, Europe medical gas equipment industry size, worth USD 1 billion in 2015, is set to expand significantly owing to the growth of the regional markets such as Poland and Russia.

As per research analysts, China is one of the most rapidly developing economies across the world. The presence of a huge geriatric population base and a growing number of medical conditions will impel China medical gas equipment industry. The country is also witnessing a rise in healthcare infrastructure and high spending on medical care facilities, thereby impelling the regional medical gas equipment market, slated to cross a valuation of USD 472 million by 2024, growing at a rate of 10% over 2016-2024.

Browse key industry insights spread across 95 pages with 17 market data tables & 10 figures & charts from the report Medical Gas Equipment Market in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/medical-gas-equipment-market

Here’s an insight into the product segment of medical gas equipment industry:

Gas outlets and medical regulators are expected to observe a steep CAGR over the coming years, pertaining to the increasing number of initiatives deployed to increase the efficiency and safety factor of these products.

Medical gas equipment market size from manifolds was worth more than USD 1.1 billion in 2015, and is expected to exceed USD 2.2 billion by 2024, with a CAGR anticipation of 7.8% over 2016-2024.

Medical gas equipment industry from medical masks are forecast to observe a CAGR of 9.2% over 2016-2024, pertaining to their low manufacturing costs and huge demand.

Make an inquiry for buying this report @ https://www.fractovia.org/request-purchase/496

Vacuum systems held more than 31% of the overall medical gas equipment market share in 2015. Subject to their high costs and massive penetration in the medical space, vacuum systems are slated to surpass USD 2.2 billion by 2024.

The competitive landscape of global medical gas equipment market is characterized by renowned biggies such as Air Liquide, Linde Gas, Air Products and Chemicals, BeaconMedaes, Praxair, Matheson Tri-Gas, and Air Gas.

Browse Related Reports:

Therapeutic Respiratory Devices Market Size By Product (Nebulizers, Humidifiers, Oxygen Concentrators, Ventilators, Gas Analyzers, Capnographs), By Technology (Electrostatic Filtration, HEPA, Hollow Fiber Filtration, Microsphere Separation), By Filters (Nebulizer, Humidifier, Positive Airway Pressure Device, Oxygen Concentrator, Ventilator Filters), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, Switzerland, France, Italy, Spain, China, India, Japan, Brazil, Mexico, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

https://www.gminsights.com/industry-analysis/therapeutic-respiratory-devices-market-report

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