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Medical Gas Analyzer Market to Reflect Impressive Growth Rate During 2024

11-05-2017 06:25 AM CET | Health & Medicine

Press release from: TMR - Research Reports

Medical Gas Analyzer Market to Reflect Impressive Growth Rate

As per estimates presented in a report by Transparency Market Research, the global medical gas analyzer market is projected to be worth US$179.24 mn by the end of 2024 from US$136.91 mn in 2015, expanding at a CAGR of 3.1% between 2016 and 2024. 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.

Browse Full Report Details@ https://www.transparencymarketresearch.com/medical-gas-analyzers-market.html

In terms of geography, the global medical gas analyzer market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Of these, the market in North America dominated the global medical gas analyzer market in 2015 and is projected to expand at a CAGR of 2.8% over the forecast period. High expenditure in healthcare infrastructure, implementation of standard safety policies in most healthcare facilities and pharma industry are the factors projected to drive the demand for medical gas analyzers in North America.

The market in Asia Pacific is anticipated to exhibit the most promising growth rate at a CAGR of 3.6% over the report’s forecast period. The growth of this market is attributed to the rising numbers of hospitals and ambulatory surgery centers and heavy investments by foreign companies in healthcare and the pharmaceutical industry in emerging economies.

Some of the leading companies competing in the global medical gas analyzer market and profiled in the report are Fluke Inc., Teledyne Technologies Incorporated, Servomex Group Limited, Geotechnical Instruments (UK) Ltd., TSI Incorporated, Maxtec LLC, WITT-GASETECHNIK GmbH & Co KG, Drägerwerk AG & Co. KGaA, Sable Systems International, Systech Instruments Ltd., Illinois Instruments, Inc., Critical Environment Technologies Canada Inc., and VISCIANO s.a.s,

Request Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=15335

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.

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