Healthcare Industry Medical Gases and Equipment Market Analysis, 2020 | Page 2

Your Catalyst To a Lucrative Business
The market for medical air compressors is poised to witness remarkable growth during the forecast period.
These devices are used in a host of applications. Popularity of lightweight cylinders with visible & audible
alert mechanisms may drive the cylinders market.
Geographically, the worldwide medical gases and equipment market are divided into Asia Pacific, Europe,
North America, and Rest of the World (RoW). Sophisticated healthcare infrastructure, high prevalence of
respiratory diseases, obesity, and unhealthy dietary patterns make North America the largest regional
market. In 2013, this region dominated the overall industry in terms of revenue. However, ongoing market
trends suggest that Asia Pacific may register a CAGR approximately 10% till 2020. Regional drivers are high
incidence of asthma & chronic obstructive pulmonary disorder (COPD), improved medical infrastructure, and
demand for point-of-care based treatments & home healthcare.
Major competitors in the Medical Gases And Equipment Market are Medical Gas Solutions, Air Products
Continental, Linde Group, Air Liquide Healthcare, and Matheson Tri-Gas Inc. With a market share above 20%,
Air Liquide Healthcare dominated the worldwide industry in 2013. In order to gain higher market shares,
companies often engage in business ventures, such as mergers & acquisitions and geographical expansions.
New product development is another key area of focus for business success in the long run.
In November 2016, Ceodeux Meditec launched ALPI-CONNECT, a sophisticated terminal unit meant for
medical gas pipelines in clinics & hospitals. Equipped with a revolutionary cartridge technology, this g as
terminal unit minimizes maintenance costs and saves time. Unlike conventional terminal units which need to
be dismantled for maintenance operations, the front cartridge design in ALPI -CONNECT ensures that
maintenance tasks are a lot easier. Ceodeux Meditec is a global supplier of medical gas equipment & medical
cylinder valves.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/medical-devices-
industry
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