Press release
Medical Gas Analyzer Market is Projected to be Worth US$179.24 Million by 2024
The global medical gas analyzer market is characterized by a largely consolidated vendor landscape and dominance of a handful of large manufacturers that have operations in key regional markets, says a new report by Transparency Market Research (TMR).
View Full Report: http://www.transparencymarketresearch.com/medical-gas-analyzers-market.html
The global market for medical gas analyzers is experiencing immense growth opportunities in developing and less developed economies. However, low-cost products from new market participants in emerging economies is expected to affect the market presence of dominant players. In this scenario, investments in research and development, innovation, and mergers and acquisitions are the key growth strategies that key market players have resorted to. For example, Servomex, a leading company for medical gas analyzer, introduced the next-gen multi-gas analyzer variant SERVOPRO MULTIEXACT 5400 in 2016, with features of paramagnetic, thermal conductivity, and zirconia. Another example is Teledyne Technologies that acquired Frontline Test Equipment Inc., and Quantum Data Inc. This enabled the former to incorporate data communication features into its products.
The single gas analyzer product segment led the medical gas analyzer market with a share of nearly 84% vis-à-vis revenue and a share of over 97% in terms of volume in 2015. The segment is expected to rise at a CAGR of 3.2% between 2016 and 2024, mainly because of the low price factor and easy availability of the product segment.
Request to download and view full ToC - http://www.transparencymarketresearch.com/report-toc/15335
Geography-wise, North America held the leading share of the medical gas analyzer market in 2015. The presence of an ultramodern healthcare infrastructure and stringent regulations in place to avoid medical gas accidents are accounted to be the leading drivers of the North America medical gas analyzer market.
Stringent Regulations in Place to Remain Key Driver
Some of the key growth drivers of the global medical gas analyzer market include easy adoption of new variants of medical equipment, rapid pace of technological advancement, and the increasing number of hospitals and healthcare centers worldwide. The inclusion of gas sensing technologies such as paramagnetic, infrared, and zirconia that enable safer and speedier measurement of medical gases is also acting in favor of the medical gas analyzer market. Further, data communication and interactive features such as touch screen, alarm system, barcode reader, and data recording and storage that make the handling of medical devices easier is benefitting sales of medical gas analyzer.
Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=15335
The continuous emergence of stringent safety compliances and statutes for healthcare providers to adhere to them is also anticipated to display an increased demand for gas analyzers in the forthcoming years. Increasing number of hospitals, diagnostic centers, and healthcare centers, especially in emerging economies is expected to present growth opportunities to the medical gas analyzer market.
High Cost Challenges Growth but Rental Business Opens Opportunities
On the flip side, high cost of new technologies that make them uneconomical for many end-users is acting as a significant restraint for the market’s growth. Nevertheless, several end-users are procuring them on rental basis, especially in regional markets where cost is a concern.
Global Medical Gas Analyzer Market Report is available @ US$ 5795: http://www.transparencymarketresearch.com/checkout.php?rep_id=15335<ype=S
About TMR
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Gas Analyzer Market is Projected to be Worth US$179.24 Million by 2024 here
News-ID: 704946 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for Transparency
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations…
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use…
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market.
While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The…
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on…
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution
Vienna | Research Triangle, NC, USA | Essen, August 09, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees…
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems
Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria.
Industrie 4.0 requires intensified collaboration between various tools and systems. Only when…
