Healthcare Industry Medical Gases and Equipment Market Analysis, 2020

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Medical Gases And Equipment Market Analysis, Size, Share,
Growth and Forecast to 2020 - Hexa Research
“Rising awareness in manufacturers and consumers
about medical gases usage and safety are likely to
trigger the growth of Medical Gases And Equipment
market by 2020.”
The global Medical Gases and Equipment Market is poised to reach nearly USD 5315 million by 2020. Factors
that fuel product demand are growing geriatric population and high incidence of re spiratory disorders and
emphysema & cystic fibrosis. Rising awareness among consumers & manufacturers about usage & safety of
medical gases may augment industry growth over the forecast period (2012 to 2020). Also, popularity of
home healthcare devices could positively impact the market.
Medical gases are used for medical treatment and diagnostics purposes. Devices that facilitate medical gases
into the human body are known as medical gas equipment. Medical gases and equipment are also employed
in biotechnology and pharmaceutical industries for drug discovery, cell culture studies, pharmaceutical
manufacturing, and drug development.
Varying requirements of medical practitioners propel the need for technologically sophisticated products,
such as integrated multifunctional medical gas cylinders. This could significantly contribute to market growth.
Owing to wide gaps in demand and supply of medical gases, emerging economies are expected to be the
most lucrative regions in the overall industry. Other market drivers are medical reimbursement facilities and
rising disposable incomes.
The global medical gases and equipment market is segmented as per products and geographies. On the basis
of products, the classifications are masks, flow meters, vacuum systems/pumps, r egulators, manifolds,
medical air compressors, cylinders and accessories, alarm systems, outlets, and hose assemblies and valves.
Browse Details of Report @ https://www.hexaresearch.com/research-report/medical-gas-equipment-
industry
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