N.A. to Dominate Medical Gases & Equipment Market by 40-45% Share to 2018 Says a Global Research Report Available at ReportsnReports.com

Share Article

ReportsnReports.com offers "Medical Gases and Equipment Market by Gases (Oxygen, Medical Air, Nitrogen, Nitrous-oxide, Helium, Blood-gas Mixture, Nitrous Oxide-Oxygen Mixture), by Equipment (Cylinders, Manifolds, Regulators, Flowmeters) - Global Forecast to 2018" global research report in its store.

Market Research Reports

Market Research Reports

North America dominated the medical gases and equipment market in 2013 and will continue to drive and dominate it by 2018. However, the market share of this region will decrease to 39.6%.

The medical gases and equipment market is valued at $10,416 million in 2013 and is forecasted to grow at a healthy CAGR from 2013 to 2018. North America is the major market with around 40– 45% share of the global pie, followed by Europe with nearly 33% share.

The global medical gases and equipment market is segmented by product, end user, and geography. The medical gases and equipment market is mainly classified, by product into medical gases and equipment. It is further categorized by pure gases and by gas mixtures. The equipment market covers cylinders, vacuum systems, manifolds, regulators, suction regulators, flow meters, hoses, outlets, and monitoring systems. The report also discusses the key market drivers, restraints, and opportunities of the global medical gases and equipment market and its sub-markets.

The overall medical equipment and gases market is mainly driven by the rising ageing population and growing incidences of chronic diseases, which adds to the global disease burden. Growth in adoption of treatment in home care settings in lieu of government initiatives to curtail healthcare costs in various countries is also expected to propel the growth of the medical gases market. The markets across APAC and the Latin American region are largely driven by growing healthcare infrastructure in the region, increased affordability of healthcare services, and increase in the disposable. However, frequently changing regulatory policies and opposing reimbursement policies for respiratory therapies are expected to dampen the market growth to a certain extent.

Complete report is available at http://www.reportsnreports.com/reports/274939-medical-gases-and-equipment-market-by-gases-oxygen-medical-air-nitrogen-nitrous-oxide-helium-blood-gas-mixture-nitrous-oxide-oxygen-mixture-by-equipment-cylinders-manifolds-regulators-flowmeters-global-forecast-to-2018.html .

By 2018, oxygen will continue to drive and dominate the medical gases market. A major share of this growth can be attributed to the presence of a large patient base suffering from respiratory diseases such as COPD and sleep apnea syndrome and the increasing number of patients undergoing emergency medical care. Furthermore, cylinders are also expected to drive the growth of the medical gas equipment market. Driven by the growing home healthcare market, a majority of the players have begun manufacturing lightweight and portable cylinders with various visible and audible alert mechanisms. This will enhance patient safety in mobile oxygen therapy and address changing lifestyles. New, integrated cylinders are fast replacing the larger units due to their convenience of mobility and multi-functionality.

North America dominated the medical gases and equipment market in 2013 and will continue to drive and dominate it by 2018. However, the market share of this region will decrease to 39.6%, primarily due to the increase in demand for medical gases and equipment in the APAC and Latin American countries. A majority of the growth in the APAC region will primarily be driven by the increasing demand for medical gases and equipment in China and India. The growth in the APAC and Latin American regions can be attributed to increasing government support to improve healthcare infrastructure and increased disposable income, leading to growth in the per capita healthcare expenditure in these regions. However, low awareness levels and lack of proper distribution channels in this region restrain the growth of this market to a certain extent. The North American market is expected to grow at a higher pace than Europe mainly due to the rapidly increasing aging population and the high adoption rate of home healthcare services in the North American region.

Order a copy of this research report at http://www.reportsnreports.com/Purchase.aspx?name=274939 .

The major players in the medical gases and equipment market include Air Products and Chemicals Inc (U.S.), Praxair Inc. (U.S.), Taiyo Nippon Sanso Corp. (Japan), SOL SpA (Italy), Airgas Inc (U.S.), Atlas Copco (Sweden), and Messer Group (Germany). Collectively, the top 10 players accounted for approximately 70% to 75% of the global medical gases and equipment market in 2012.

Linde Group (Germany) and Air Liquide (France) were the leading players, together accounting for around 50% to 55% of the market share in 2012. Linde Group has a diversified product portfolio, which includes a wide range of medical gases and equipment such as medical oxygen, nitrous oxide, medical nitrous oxide/oxygen mixtures, hospital equipment for hospitals, and home care and emergency care services. The company has a strong presence in more than 100 countries through its strong manufacturing and distribution facilities, which enables it to cater to a large customer base across the globe. The company focuses on strengthening and streamlining its product portfolio for the healthcare industry.

Priced at US$ 4650 for a single user PDF license, request a discount on this research at http://www.reportsnreports.com/contacts/Discount.aspx?name=274939 .

About Us:

ReportsnReports.com provides market research reports to industries, individuals and organizations with an objective of helping them in their decision making process. Our library of 400,000+ industry & country research reports covers 5000+ micro markets. This comprehensive collection of market research reports include market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. Our research specialists & industry experts, through our market research offerings, ensure we deliver on all your business & industry research requirements - first time and every time! (http://www.reportsnreports.com/latest-market-research.aspx ).

Share article on socal media or email:

View article via:

Pdf Print

Contact Author

Priyank Tiwari
ReportsnReports
+1 (888) 391-5441
Email >
ReportsnReports
since: 06/2011
Like >
Follow us on
Visit website