Medical Gas Equipment Market - Forecasts from 2018 to 2023
The medical gas equipment market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Medical gas equipment helps in sustaining life and is regulated as a drug. Thus, one needs to follow certain instructions in order to systematically introduce gases safely. The gases include oxygen, carbon dioxide, nitrogen, helium, nitrous oxide, and anesthetic gases. The growing number of surgical procedures are driving the growth of the global medical gas equipment market in the forecast period. Additionally, growing respiratory diseases where smoking is one of the major reasons for this disease, the rising global aging population, and the prevalence of cardiovascular diseases are other factors driving the market growth. Furthermore, the growing home healthcare market will further propel the growth of the global medical gas equipment market during the forecast period and beyond.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the medical gas equipment value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the medical gas equipment market.
Major industry players profiled as part of the report are Delta P S.r.l., Medicop - Specialna oprema d.o.o., Rotarex, Amico Group of Companies and WestMedGroup among others.
The medical gas equipment market has been analyzed through following segments:
By Medical Gas Type
Middle East and Africa
Key insights offered
What will be the medical gas equipment market size from 2017 to 2023?
How are the major drivers and restraints affecting the medical gas equipment market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
Delta P S.r.l.
Medicop - Specialna oprema d.o.o.
Amico Group of Companies
Precision UK Ltd
MEC Medical Ltd
Praxair Technology, Inc.