Global Medical Gas Market: Analysis By Gases, By Equipment Type, By Application, By Region, By Country: Opportunities and Forecast (2017-2022)

Date: 16 August 2017

The demand for Medical Gasses & Equipment market is driven by increasing geriatric population, growing healthcare industry and increasing prevalence of chronic diseases. Over the recent years, the Global Medical Gas & Equipment Industry has been growing rapidly as the world population ages. The demand for medical gasses & medical gas equipment is on rise owing to the growing prevalence of chronic diseases worldwide coupled with increasing healthcare expenditure. The growing home healthcare industry in developed countries in line with the rigorous efforts to control the chronic diseases and implementation of industry friendly regulations policies encouraging the industry to grow at significant rate.

According to Azoth Analytics research report,“Global Medical Gas Market: Analysis By Gases, By Equipment Type, By Application, By Region, By Country: Opportunities and Forecast (2017-2022)”,global market is projected to witness steady growth represented by a CAGR of 8.11% during 2017 – 2022, chiefly driven by growing prevalence of chronic diseases, ageing population, improving healthcare infrastructure in emerging economies and growing home healthcare industry.

The Medical Gas & Equipment market is witnessing the highest growth rate in Asia-Pacific region. The high prevalence of chronic diseases, rising healthcare expenditure and growing awareness about the diseases, leading to higher demand for quality healthcare facilities in the region. The Medical Oxygen account for the lager market share of 45% and expected to be the major growth driver of the medical gasses and equipment market as it forms the basic requirement for any healthcare facility. The medical oxygen has variety of application in clinical practice and growing prevalence of chronic diseases simultaneously with the rising importance of medical gas therapies impelling the growth of the Medical Gasses at robust rate. The worldwide population growth and old age population, the increase in chronic diseases such as asthma or Chronic Obstructive Pulmonary Diseases and growing importance for greater prevention and more intensive patient care, also outside of hospital are expected to impel the growth of medical gas market during the forecast period.

The report titled “Global Medical Gas Market: Analysis By Gases, By Equipment Type, By Application, By Region, By Country: Opportunities and Forecast (2017-2022)”, has covered and analysed the potential of Global Medical Gas & Equipment Market and provides statistics and information on market size, shares and growth factors.The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers,challenges and opportunities in the global Medical Gas & Equipment market.Additionally, the report also highlights market entry strategies for various companies across the globe.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Medical Gas & Equipment Market on the basis of Gases Type (Oxygen, Carbon Dioxide, Nitrogen, Nitrous Oxide, Medical Air and others), By Equipment Type (Manifolds, Vacuum System, Alarm Systems, Flow meters, Cylinders and Others); By Application(Therapeutic, Diagnostic, Drug Discovery & Development, Clinical Research,Quality Control and Others), By Region (North America, Europe, APAC and ROW)and By Country (U.S., Canada, U.K., Germany, France, China, India, Japan,Singapore, Brazil & Mexico).