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Global Medical Gases and Equipment market value is projected to grow at a CAGR of 8.5% to reach USD 27.44 billion by 2023.

 



(Medical-NewsWire.com, September 24, 2018 ) Medical gases and pharmaceutical gases are specialized gases used for medical purposes, drug processing and a variety of applications of biotechnology. Medical gases include pure gases and mixture of gases for diverse medical processes. The gas equipment such as cylinder and masks are utilized to store and deliver gas.

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Market views:

Global Medical Gases and Equipment market value is projected to grow at a CAGR of 8.5% to reach USD 27.44 billion by 2023.

Drivers and restraints:

The major drivers which are boosting the growth of Medical Gases and Equipment market are growing rate of COPD, asthma, and other medical conditions such as cardiovascular and lifestyle diseases, along with Technological innovation in the use of medical gases and rise in demand for improved healthcare facilities in developing economies.

The restraints which are limiting the Medical Gases and Equipment market growth are changes in medical gas calibration standards, global shortage of helium, and declining federal reimbursements for respiratory therapies.

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Partition of the Market:

Global market for Medical Gases and Equipment is partitioned according to Product, Application and End-users. With respect to Product, the market is further sub-sectioned into Medical Gases (Pure Medical Gases by Type, by Form of Delivery), Medical Gas Mixtures (Blood Gas Mixtures, Lung Diffusion Mixtures, Nitrous Oxide-Oxygen Mixtures, Carbon Dioxide-Oxygen Mixtures, Laser Gas Mixtures, Aerobic Mixtures, Anaerobic Mixtures, Ethylene Oxide, Helium Oxygen Mixtures), Medical Gas Equipment (Equipment Accessories, Oxygen Concentrators, Gas Delivery Systems, Cryogenic Products (Freezers)). With respect to Application, the market is further sub-sectioned into Therapeutic (Respiratory Diseases, Cardiovascular Diseases, Anesthesia, Cryosurgery), Diagnostic, Pharmaceutical Manufacturing and Research. With respect to End-users, the market is further sub-sectioned into Hospitals, Home Healthcare, Emergency Services, Pharmaceutical Industry, Academic & Research Institutions.

Geographically, Global market for Medical Gases and Equipment is partitioned into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is leading in terms of market share across the globe and is tailed by Europe. The Medical Gases and Equipment market in the Asia-Pacific region is likely to grow at the highest CAGR over forecast period

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Key players of the market:

Prominent players in Global Medical Gases and Equipment market are Air Products and Chemicals, Inc. The Linde Group, Air Liquide, Praxair, Inc., Taiyo Nippon Sanso Corp., SOL-SpA, Airgas, Inc., Atlas Copco, Messer Group, GCE Holding AB, Beacon Medaes, Medical Gas Solutions Ltd., Matheson Tri-Gas, Taiya Nippon Sanso, Atlas Copco.





Scope of the Report:

The report offers an extensive examination of the business by giving the estimations of market potential and gauges with most extreme granularity. Along this, the variables persuasive in affecting the market flow and patterns are examined in detail at the item level. Further, the execution of the market at the territorial and nation level is evaluated and the prospects with high development potential are distinguished and discussed.

The key players in the business are profiled giving bits of knowledge on their money related execution, advertise position and development techniques. Similar investigation on prime strategical exercises of the market players depicting the key advancements like mergers and acquisitions, coordinated efforts and an assessment of the focused condition inside the business are given. The report additionally offers an expansive standpoint of the market alongside proposals from industry specialists on the open doors for speculation action.

What else? Aside from the syndicated report, our in-house group has an aptitude and involvement in planning custom reports to meet your particular research needs and help you in settling on very much educated choices.

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Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626

Market Data Forecast.

Abhishek Shukla

+1-888-702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com

Source: EmailWire.com


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