The global medical gas market expected to grow by USD 19.68 Billion in 2022, growing at a CAGR of 7.4% between the years 2017 and 2022.
Sarasota, FL -- (SBWIRE) -- 03/23/2018 -- The new report by the Zion Market Research on the "Medical Gas Market by Product (Medical Gases, Medical Pure Gases, Oxygen gases, Carbon dioxide gases, Nitrogen gases, , Helium gases, Medical Gas Mixtures, Blood gas Mixtures, Carbon dioxide-oxygen mixtures, Laser gas mixture, Aerobic mixture, Ethylene oxide, Helium oxygen mixtures), by Medical Gas Equipment (Manifolds, Outlets, Hose assemblies and valves, Alarm systems, Cylinders, Flowmeters, Regulators, Medical air compressors, Vacuum systems, Masks), By Application (Hospitals, Home Healthcare, Emergency Services), By End User (Hospitals, Home Healthcare, Emergency Services, Pharmaceutical Industry, Academic & Research Institutions), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016- 2022" has detailed information about the market and its scope. The market is expected to reach USD 19.68 Billion by 2022.
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The report suggests that the global medical gas market value in the year 2016 was USD 13.73 Billion and is expected to reach USD 19.68 Billion by 2022. The CAGR is around 7.4% between the years 2017 and 2022. The tremendous growth in the medical gases across different applications and increasing home healthcare market are the key factors that are primarily increasing the demand for the market.
Global Medical Gas Market Report Highlights:
The report focuses on the major opportunities that are currently trending in the global market.
The recent developments in the medical gases due to the market expansion in emerging countries and technological
advancements have created more opportunities.
A detailed data about the medical gases type portfolio of the key vendors are given.
Growing home healthcare market and increasing respiratory diseases trigger the growth of the market.
Use of the medical gases in several ways by healthcare professionals has increased the use of the medical gases in the global market.
Medical gas systems in hospitals are, in a word, lifesaving.
There will be an increased rate of growth in the medical pure gases segment due to the number of applications. (Respiratory diseases, cardiovascular diseases, anesthesia, and cryosurgery)
Extensive research and various parameters were taken into account in order to validate the statistical figures.
North America region is expected to dominate the Medical Gas Market.
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Different industry experts have recognized the importance of medical gases for therapeutic, diagnostic and pharmaceutical manufacturing & research which has increased the use of the medical gases by various healthcare professionals.
The report includes the competitive outlook of the companies and the key participants that are in this market. Some of the major competitive players that are included in the report 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, and GCE Holding AB.
Browse the full " Medical Gas Market" report at https://www.zionmarketresearch.com/report/medical-gas-market
Global Medical Gas Market Segmentation:
Global Medical Gas Market: Product Segment Analysis
Medical Pure Gases
Oxygen gases
Carbon dioxide gases
Nitrogen gases
Nitrous oxide gases
Medical air gases
Helium gases
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